One company brought Elon Musk riches. The other brings him joy. What if he can’t keep both?
in a good year. Twitter is no longer a public company subject to public financial disclosures, but the human brain naturally puts some dots together: Musk cannot cover Twitter’s needs with Tesla stock but can with cash, and he has turned lots of Tesla stock into cash at the expense of Tesla’s stock price.
The talking-head classWhile we remain bullish on the long term thesis for Tesla and believe the stock is oversold, Musk continues to throw gasoline in the burning fire around the Tesla story by selling more stock and creating Tesla brand deterioration through his actions on Twitter-Board needs to actIf you think Musk’s ownership of Twitter has been a bad thing for the platform, the public discourse, or merely your own sanity while scrolling, then Tesla offers a glimmer of hope.
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