Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.
They are apparently trying to convert the loans to margin loans backed by Tesla stock. https://www.bloomberg.com/news/articles/2022-12-08/musk-bankers-mull-tesla-margin-loans-to-cut-risky-twitter-debt
Mindboggling how the lenders thought Musk would be able to generate enough new cashflow to pay another $1.2 bn a year. Greed is good.
They didn't. They thought they would just offload it all to a bunch of suckers. But that was before he spent months dragging Twitter through the mud trying to get out of the deal, and then a couple more months destroying its ad business after he bought it. Now they are freaking out that he's going to bankrupt the company and they'll be stuck with worthless debt. No idea why Musk would agree to convert these to margin loans.
He won't. He wasn't stupid enough to risk that much of his own money.
He's still going to take a bath when it goes bankrupt. From what I understand, he put something like $7B of his own money into it. But he's certainly not going to agree to put another $12B at risk.
Musk leveraged his TSLA shares. He’s got no cash to put in the deal, either then or now.
He has sold $21B of tesla shares in 2021 and another $19B this year. https://www.cnbc.com/2022/11/08/elon-musk-sells-at-least-3point95-billion-worth-of-tesla-shares.html
Flying around on private electric jets is expensive.
Anonymous wrote:Anonymous wrote:Chappelle is getting more and more cringe. He’s high on his own supply.
He’s a great talent, but he’s fully bought into his own BS.
There is a fine line between making fun of leftwing activists going too far and becoming a right wing hack. He seems to be crossing that line recently
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.
They are apparently trying to convert the loans to margin loans backed by Tesla stock. https://www.bloomberg.com/news/articles/2022-12-08/musk-bankers-mull-tesla-margin-loans-to-cut-risky-twitter-debt
Mindboggling how the lenders thought Musk would be able to generate enough new cashflow to pay another $1.2 bn a year. Greed is good.
They didn't. They thought they would just offload it all to a bunch of suckers. But that was before he spent months dragging Twitter through the mud trying to get out of the deal, and then a couple more months destroying its ad business after he bought it. Now they are freaking out that he's going to bankrupt the company and they'll be stuck with worthless debt. No idea why Musk would agree to convert these to margin loans.
He won't. He wasn't stupid enough to risk that much of his own money.
He's still going to take a bath when it goes bankrupt. From what I understand, he put something like $7B of his own money into it. But he's certainly not going to agree to put another $12B at risk.
Musk leveraged his TSLA shares. He’s got no cash to put in the deal, either then or now.
He has sold $21B of tesla shares in 2021 and another $19B this year. https://www.cnbc.com/2022/11/08/elon-musk-sells-at-least-3point95-billion-worth-of-tesla-shares.html
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.
They are apparently trying to convert the loans to margin loans backed by Tesla stock. https://www.bloomberg.com/news/articles/2022-12-08/musk-bankers-mull-tesla-margin-loans-to-cut-risky-twitter-debt
Mindboggling how the lenders thought Musk would be able to generate enough new cashflow to pay another $1.2 bn a year. Greed is good.
They didn't. They thought they would just offload it all to a bunch of suckers. But that was before he spent months dragging Twitter through the mud trying to get out of the deal, and then a couple more months destroying its ad business after he bought it. Now they are freaking out that he's going to bankrupt the company and they'll be stuck with worthless debt. No idea why Musk would agree to convert these to margin loans.
He won't. He wasn't stupid enough to risk that much of his own money.
He's still going to take a bath when it goes bankrupt. From what I understand, he put something like $7B of his own money into it. But he's certainly not going to agree to put another $12B at risk.
Musk leveraged his TSLA shares. He’s got no cash to put in the deal, either then or now.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.
They are apparently trying to convert the loans to margin loans backed by Tesla stock. https://www.bloomberg.com/news/articles/2022-12-08/musk-bankers-mull-tesla-margin-loans-to-cut-risky-twitter-debt
Mindboggling how the lenders thought Musk would be able to generate enough new cashflow to pay another $1.2 bn a year. Greed is good.
They didn't. They thought they would just offload it all to a bunch of suckers. But that was before he spent months dragging Twitter through the mud trying to get out of the deal, and then a couple more months destroying its ad business after he bought it. Now they are freaking out that he's going to bankrupt the company and they'll be stuck with worthless debt. No idea why Musk would agree to convert these to margin loans.
He won't. He wasn't stupid enough to risk that much of his own money.
He's still going to take a bath when it goes bankrupt. From what I understand, he put something like $7B of his own money into it. But he's certainly not going to agree to put another $12B at risk.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.
They are apparently trying to convert the loans to margin loans backed by Tesla stock. https://www.bloomberg.com/news/articles/2022-12-08/musk-bankers-mull-tesla-margin-loans-to-cut-risky-twitter-debt
Mindboggling how the lenders thought Musk would be able to generate enough new cashflow to pay another $1.2 bn a year. Greed is good.
They didn't. They thought they would just offload it all to a bunch of suckers. But that was before he spent months dragging Twitter through the mud trying to get out of the deal, and then a couple more months destroying its ad business after he bought it. Now they are freaking out that he's going to bankrupt the company and they'll be stuck with worthless debt. No idea why Musk would agree to convert these to margin loans.
He won't. He wasn't stupid enough to risk that much of his own money.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.
They are apparently trying to convert the loans to margin loans backed by Tesla stock. https://www.bloomberg.com/news/articles/2022-12-08/musk-bankers-mull-tesla-margin-loans-to-cut-risky-twitter-debt
Mindboggling how the lenders thought Musk would be able to generate enough new cashflow to pay another $1.2 bn a year. Greed is good.
They didn't. They thought they would just offload it all to a bunch of suckers. But that was before he spent months dragging Twitter through the mud trying to get out of the deal, and then a couple more months destroying its ad business after he bought it. Now they are freaking out that he's going to bankrupt the company and they'll be stuck with worthless debt. No idea why Musk would agree to convert these to margin loans.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.
They are apparently trying to convert the loans to margin loans backed by Tesla stock. https://www.bloomberg.com/news/articles/2022-12-08/musk-bankers-mull-tesla-margin-loans-to-cut-risky-twitter-debt
Mindboggling how the lenders thought Musk would be able to generate enough new cashflow to pay another $1.2 bn a year. Greed is good.
They didn't. They thought they would just offload it all to a bunch of suckers. But that was before he spent months dragging Twitter through the mud trying to get out of the deal, and then a couple more months destroying its ad business after he bought it. Now they are freaking out that he's going to bankrupt the company and they'll be stuck with worthless debt. No idea why Musk would agree to convert these to margin loans.
Anonymous wrote:Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.
They are apparently trying to convert the loans to margin loans backed by Tesla stock. https://www.bloomberg.com/news/articles/2022-12-08/musk-bankers-mull-tesla-margin-loans-to-cut-risky-twitter-debt
Anonymous wrote:Anonymous wrote:Anonymous wrote:
oh it looks like Twitter is just fine considering you are copying tweets about how much Elon Musk sucks. People spend more time trashing Elon Musk in twitter than doing something that actually shows they are upset - like not sending tweets and people not copy/ pasting tweets
A narcissist bought a criticism factory. That doesn’t mean I need to leave.
No you don't need to leave. Instead you can stay and help the narcissist get richer. And he definitely would like it if you would complain about it on Twitter. Nothing would make him happier. The more engagement, the more active users, the more money he can generate. Remember those companies saying they were going to pull their ads. Seems they forgot all about that now...
Anonymous wrote:Anonymous wrote:Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.
They are apparently trying to convert the loans to margin loans backed by Tesla stock. https://www.bloomberg.com/news/articles/2022-12-08/musk-bankers-mull-tesla-margin-loans-to-cut-risky-twitter-debt
Mindboggling how the lenders thought Musk would be able to generate enough new cashflow to pay another $1.2 bn a year. Greed is good.
Anonymous wrote:Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.
They are apparently trying to convert the loans to margin loans backed by Tesla stock. https://www.bloomberg.com/news/articles/2022-12-08/musk-bankers-mull-tesla-margin-loans-to-cut-risky-twitter-debt
Anonymous wrote:
Ooops, duh.
How long will his backers take an L? His bank syndicate must be sh#tting their pants.