(Bloomberg) - Elon Musk's bankers are considering providing the billionaire with new margin loans backed by Tesla Inc. stock to replace some of the high-interest debt he layered on Twitter Inc., according to people with knowledge of the matter.
Bloomberg Television:
https://finance.yahoo.com/video/musk-bankers-mull-tesla-margin-054548487.html
By Su Keenan reports on Bloomberg Television
December 8, 2022
December 8, 2022
More Articles
'We Have To Revise Our Expectations': White House Downplays Coming Jobs Report
A much-anticipated labor market update isn't due out until Wednesday morning, but the White House is already working to temper expectations.
Wealth Manager Stocks Sink As Traders Flee Next AI Casualty
An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday.