Margin loan commitment backed by shares in Tesla has lapsed
Tesla
What wealth can’t always buy is admiration. And that’s an area in which the tech titans have suffered major losses
Simply abandoning the $44bn transaction is not an option
Twitter stock tanks after Elon Musk puts $44bn deal on hold, but Tesla stock rises
‘Twitter Sitter’ monitors billionaire’s tweets when they refer to carmaker
Investors fear Musk may need to sell shares in carmaker
Banks and commodities stocks fall sharply