Gokul K Rajaram

Well, Twitter is now in the rear view mirror and that is both good and bad for Tesla investors.
Good news is that a lot of public attention is gone. No SEC and Government intervention.
Bad news is that Elon now has full control. This is bad news in the sense how much of his and key Tesla employees' time will be on Twitter. Already read that he took some key engineers from Tesla to Twitter office to review the code and asked not to make any changes till Tuesday.

Justin B

<a class="mention-user" href="/jayenashar">@jayenashar</a> so my understanding is that Elon made an offer to buy all <a href="/symbols/nyse-twtr">$TWTR</a> shares at $54.20 a piece...if the deal is approved by the board and then shareholders, he pays $54.20. Whoever paid higher than this will lose out.

jayen

What happens if $TWTR goes above $54.20 per share?&nbsp; Does Musk need to pay more?

Luke Adams

Over the last 30 days <a href="/symbols/nasdaq-tsla">$TSLA</a> Tesla is down 25.56%, only bested by <a href="/symbols/nyse-nio">$NIO</a> Nio motors, who is down 28.18%.
More pain is expected for Tesla shareholders as Elon Musk will likely need to sell additional stock to cover his <a href="/symbols/nyse-twtr">$TWTR</a> Twitter purchase.
Musk already owns nearly 9% of Twitter shares and will need approximately $37.5 billion to pay for the remainder. He has around $13 billion in debt coming in to help pay it, and he has already sold more than $15 billion in Tesla shares.
Another $7 billion is coming from other folks. That leaves an extra $2 billion in stock sales.
Gary Black, co-founder of Future Fund Active ETF, thinks that additional $3 billion will be required to reimburse Twitter stock-based compensation holders.
That implies Musk may have to sell a total of $5 billion in Tesla shares. This implies roughly 22.4million shares to be sold to cover this shortfall.
Musk is not permitted to sell any shares until Tesla releases third-quarter results on October 19. 
<img src="/public/uploads/2022/10/1665452698501860179288.png" alt="Tesla $TSLA stock price performance worst month" />

$TSLA Tesla down 25.56% with more pain on the way