RE:RE:TSLA CURRENT DIP Elon just got $23 billion in his latest compensation package tranche.
Each tranche gives Musk the option to buy 8.4 million Tesla shares at $70.01 each, a discount of about 90% from Wednesday's closing price of $977.20. At the stock's current price, the three options tranches that will vest as a result of Tesla's March-quarter performance could generate a profit of about $23 billion, or almost $7.7 billion per tranche.
mrbb wrote: average tsla volume is ~20 million, today so far volume is ~40 million, meaning elon could have sold 20 million tsla shares. If i assume 950 average sell price, that's ~19 billion cash toward his collateral. I think RBC and CIBC also loaned elon 1.15 billion. If elon pay off half of 44 billion for twitter, the other ~20 billion could be regular loan that would be paid back gradually. Anyone has a different take?
Morgan Stanley (MS) advised the Tesla (TSLA) CEO on his $44 billion acquisition of Twitter (TWTR). The bank also helped secure $25.5 billion in funding for the deal, including $12.5 billion in loans that use Musk's Tesla stock as collateral. That should lead to lucrative fees and interest income for Morgan Stanley.
scottrose wrote: $TSLA has been on the downward trend and with Elon Acquiring $TWTR on against the Tesla ahares. I think it will go down more before it goes up. thats is certain.