Elon Musk recently told employees Twitter equity is now worth $20 billion, far less than he paid. Good luck with even that. I estimate EV at little more than $13 billion in debt. So what's he up to?
That comment 'I've been doing this for 20 years and I've never seen management blow up a company so fast' is PRICELESS.
By the way, do we know the identity of the new 'Investments' recently appearing on Tesla's balance sheet such as oh, I don't know, the Twitter high yield paper that the participating banks from the leveraged buyout are desperate to offload?
Hi Ms. Bryan...
That comment 'I've been doing this for 20 years and I've never seen management blow up a company so fast' is PRICELESS.
By the way, do we know the identity of the new 'Investments' recently appearing on Tesla's balance sheet such as oh, I don't know, the Twitter high yield paper that the participating banks from the leveraged buyout are desperate to offload?