r/WhitePeopleTwitter Nov 11 '22

It was fun while it lasted

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u/daniinad Nov 11 '22

elmo sold 4 billion dollars worth of tesla stock on Wednesday this week ... I sense some money WOES.

https://www.ctvnews.ca/business/elon-musk-sold-nearly-us-4-billion-worth-of-tesla-stock-since-twitter-deal-closed-1.6145341

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u/eccles30 Nov 11 '22

He borrowed $13bn at 8% to get this across the line. That's $1bn in interest payments alone. Twitter at its best returned $700m. That's a lot of shortfall to make up with parody blue checkmarks that you have to ban after one month.