Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.
I’m noticing, but failing to see why that’s significant. Is something interesting going on with spaceX?
He’s using Tesla, a publicly traded company, as a piggy bank and transfering wealth from it to the privately owned Twitter and SpaceX. This is stealing from Tesla shareholders but because they’re fucking idiots they’re just letting it happen instead of dumping their stock and suing.