On Friday, Musk used funds from xAI to buy X/Twitter, cancelling the
chance of a Tesla margin call should that stock drop any farther.
So, it's like taking out a home equity line of credit on your house,
then as the house price goes under water, getting a credit card and
paying off the house?
I don't see a thing about this on X.
Mike Powell wrote to KURT WEISKE <=-
It does sound fishy, and like bad business, but I am not seeing the connection between buying X/Twitter outright and preventing the chance
of a Tesla margin call. How does Musk buying X/Twitter solve Tesla's woes?
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