• Flic@mstdn.social
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    3 days ago

    @Nightwingdragon @vegeta I think he’s just trying to stay solvent because knows Tesla is going to *tank* and he needs to pay off the Twitter investors (using xAI investors’ cash) before he gets margin called

    • redsand@lemmy.dbzer0.com
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      2 days ago

      The comment I was going to make. This is preemptive. He used TSLA stock as collateral for the twitter loan and can now use xAI to pay it off before TSLA falls under the threshold set in the twitter deal