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Home Technology

Elon Musk’s Finances Complicated by Declining Wealth, Twitter Pressures

by Referenews
December 24, 2022
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Elon Musk’s wealth and borrowing power are now being tested as the Tesla Inc. shares that have fueled his fortune have sharply declined while he aims to stabilize his massive personal investment in Twitter Inc.

The auto maker’s share value has fallen 18% this week alone and more than 60% since Mr. Musk announced his plan to buy the social-media platform.

Tags: ComplicateddecliningElonFinancesMusksPressuresTwitterwealth
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