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Elon Musk and Tesla face scrutiny over concerns of Q1 economic performance, potential stock dumping, and allegations of securities law violations. Discussions between a bank group led by Morgan Stanley and Musk regarding refinancing a $12.5 billion debt package are reported. Musk's substantial shareholding in Tesla, which is deemed to have a low EPS value, raises questions about the company's financial stability and Musk's potential need to sell shares for funding.
$TSLA / @elonmusk - Hype & Dump? After losing 300m options, Elon still has 411m shares of $TSLA, which is permanently impaired < $2 eps and "worth" ~$20? If Elon wants +$25bn (to recap stuff, for the mission, & lawsuits) = he needs to sell @ ~$125 (tax)? Tick, tick? https://t.co/NM9S4WaSe7 https://t.co/SvHmgKoVcU
A bank group spearheaded by Morgan Stanley held discussions with Elon Musk and his team about refinancing a roughly $12.5 billion debt package that supported the tech billionaire’s take-private of X https://t.co/gNYjKYpisG
A bank group spearheaded by Morgan Stanley held discussions with Elon Musk and his team about refinancing a roughly $12.5 billion debt package that supported the tech billionaire’s take-private of X https://t.co/dKEewcHXuD