btaf45@lemmy.world to United States | News & Politics@midwest.social · 5 months ago

Elon Musk may have to sell billions in Tesla stock to rescue X

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Elon Musk may have to sell billions in Tesla stock to rescue X

btaf45@lemmy.world to United States | News & Politics@midwest.social · 5 months ago

9

cross-posted to:
news@lemmy.world

Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.

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anachronist@midwest.social
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5 months ago
The bonus was in stock. It was pretty much just replenishing the stock he dumped when he was buying twitter.

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