Read the sensational! Elaine Musk who bought Twitter!
Money for Musk!
Elon Musk's Twitter deal has nothing to do with Tesla. Musk has no money over. Now, where does the amount to be paid to Twitter come from? Many such suspicions have caused concern among Tesla investors. With those fears, Tesla's share value fell sharply to 12.2 percent. Speaking on the occasion, Webdash security analyst Daniel Yves said that the acquisition of Tusla shares had caused losses in the wake of the news that Musk was buying Tesla shares to pay for Twitter.
Another reason Tesla shares fell
There seem to be several reasons for the fall in Tesla shares. Market analysts attribute the slowdown in the global economy to investor concerns over the US Federal Reserve raising interest rates. The American stock market Nasdaq closed at its lowest level since December 2020 on Tuesday due to months of uncertainty in the market.
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Twitter Laws
Shares of Twitter lost heavily in the wake of the Musk Twitter deal. It fell 3.9 percent to close at $ 49.68. Musk, however, agreed to buy each share on Monday for $ 54.20 in cash. Musk owns the majority of his $ 239 billion fortune, Tesla Sherley. Investors are worried about the acquisition of Twitter. Market experts say that the impact will be on Tesla shares.
Do not borrow and pay
As part of the deal, Musk has already taken out a $ 12.5 billion margin loan from Tesla. Over now selling more Tesla shares is causing concern among investors. Ed Moya, a senior market analyst at OANDA, said: "If Tesla's share price continues to fall in the freefall, Musk could face financial difficulties.
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