Elon Musk could have to sell up to  billion in Tesla stock next week to get the ‘train wreck’ Twitter deal done, Wedbush says

Elon Musk could have to sell up to $10 billion in Tesla stock next week to get the ‘train wreck’ Twitter deal done, Wedbush says

Elon Musk.

Elon Musk.Adrees Latif/Reuters

  • Elon Musk could have to sell up to $10 billion in Tesla stock next week to complete his Twitter buyout, according to Dav Ives of Wedbush.

  • “The more investors that bail on this deal is the more money that Musk needs to contribute and therefore sell more Tesla stock,” Ives said.

  • Ives called Musk’s $44 billion deal for Twitter a “train wreck.”

Elon Musk could be forced to sell $5 billion to $10 billion in Tesla stock next week as he prepares to complete a $44 billion…


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