Musk Bankers Mull Tesla Margin Loan

The Wealth Advisor Contributor

December 8, 2022

(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

Popular

FundFocus

Current Earnings Strength Being Driven By Capital Investment In Artificial Intelligence

Washington Wire

Fed Dissenters Speak Out: 'The Next Rate Change Could Be Either A Cut Or A Hike'

Practice Management

Private Credit Could Spark Psychological Contagion, Barr Warns

Washington Wire

China's Rare Defiance Of US Sanctions Sparks Showdown Over Banks

The Trust Advisor

Inside Jack Schlossberg's Trust Fund Amid Political Campaign

More Articles

Dynasty Financial Partners Closes Minority Capital Raise

Proceeds from the investment round will be used to bolster support for Dynasty’s network of partner firms, enabling them to better serve their clients. Notably, it will fuel continued growth in talent and cutting-edge AI-driven technology.

Deep Freeze More Than Doubled Power Costs On Biggest US Grid

Electricity costs on the largest US grid more than doubled in January as a deep freeze drove up heating demand and operators shored up supplies.

Popular

FundFocus

Current Earnings Strength Being Driven By Capital Investment In Artificial Intelligence

Washington Wire

Fed Dissenters Speak Out: 'The Next Rate Change Could Be Either A Cut Or A Hike'

Practice Management

Private Credit Could Spark Psychological Contagion, Barr Warns

Washington Wire

China's Rare Defiance Of US Sanctions Sparks Showdown Over Banks

The Trust Advisor

Inside Jack Schlossberg's Trust Fund Amid Political Campaign