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Keyword: jessicabursztynsky

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  • Tesla stock falls more than 10% after Musk's Twitter deal

    04/26/2022 9:25:52 AM PDT · by zeestephen · 70 replies
    CNBC ^ | 26 April 2022 | Jessica Bursztynsky
    Despite being the world's richest person, much of Musk's wealth is tied up in Tesla stock, meaning he would likely have to borrow against his holdings to fund the deal.
  • TECH Elon Musk tweet hints at possible tender offer to Twitter shareholders

    04/18/2022 1:25:24 PM PDT · by RoosterRedux · 37 replies
    CNBC ^ | Jessica Bursztynsky
    Elon Musk on Saturday posted a cryptic tweet that said “Love Me Tender,” suggesting he was either listening to Elvis or possibly considering a potential tender offer to Twitter shareholders to take control of the company. A tender offer would be the latest in the saga over his dramatic bid to take control of Twitter. Another tweet suggests that Musk believes shareholders should decide the future of the company, not the board. Shares of Twitter were up more than 3% in premarket trading. “Wow, with Jack departing, the Twitter board collectively owns almost no shares!” he also tweeted Saturday, referring...