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Posted on 7/5/23 at 7:07 pm to EthicalHedonist
Do some of you realize that he bought Twitter by leveraging Tesla stock and that Tesla's stock has a P/E ratio of around 75? That's insane! He owes Google a ton of money and he has to pay interest on his loan which is insanely high. Plus, if the stock value dips below the threshold, he will either have to put up more stock or pay the margin requirements. Twitter isn't making any money to pay all of that.
This post was edited on 7/5/23 at 7:10 pm
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