this post was submitted on 10 Mar 2025
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[–] oblabs@lemmy.world 55 points 3 days ago* (last edited 3 days ago) (12 children)

Something that isn’t reported enough is that Elon borrowed heavily against his ownership of Tesla to buy Twitter. It is thought that at around $100 a share he will be margin called which will mean that Elon will have to pay the loan back in cash immediately which will bankrupt him completely and enact the rage of his handlers the Saudis and Putin as they are the ones who drummed up support for the deal in the first place by holding a majority of the non-institutional debt.

[–] Hukapapa@lemm.ee 4 points 2 days ago

Sorry to be that guy but can you give any sources for this? I would love this to be true and want to tell my friends but yeah a source would be nice...

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