btaf45@lemmy.world to United States | News & Politics@midwest.social · 4 months ago

Elon Musk may have to sell billions in Tesla stock to rescue X

cross-posted to:
news@lemmy.world

82

Elon Musk may have to sell billions in Tesla stock to rescue X

btaf45@lemmy.world to United States | News & Politics@midwest.social · 4 months ago

cross-posted to:
news@lemmy.world

Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.

Chat

Illuminostro@lemmy.world
link
fedilink
arrow-up
1·
4 months ago
deleted by creator
- PyroNeurosis@lemmy.blahaj.zone
  link
  fedilink
  arrow-up
  2·
  4 months ago
  This, and if he doesn’t keep burning money, What-Was-Once-Twitter’s ebbing audience will ebb faster.

United States | News & Politics@midwest.social

usa@midwest.social

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !usa@midwest.social

Welcome to !usa@midwest.social, where you can share and converse about the different things happening all over/about the United States.

If you’re interested in participating, please subscribe.

Rules

Be respectful and civil. No racism/bigotry/hateful speech.

Post anything related to the United States.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

736 users / day
3.21K users / week
5.57K users / month
10.5K users / 6 months
88 local subscribers
2.02K subscribers
1.53K Posts
10.9K Comments
Modlog