this post was submitted on 20 Jun 2024
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Elon Musk Begs Advertisers to Return as Twitter's Revenue Plunges (futurism.com)
submitted 5 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 6 points 5 months ago (1 children)

Hahah, so him personally bailing out Twitter with a cash infusion would kill Tesla in the process?

What a world.

[โ€“] [email protected] 5 points 5 months ago* (last edited 5 months ago)

It wouldn't kill Tesla, per se. A company's stock price only really matters insofar as it helps them to carry debt. The company doesn't actually directly gain or lose money based on the stock price. What it affects, primarily, is the shareholders of the company.