{"id":2715,"date":"2022-04-28T10:51:02","date_gmt":"2022-04-28T14:51:02","guid":{"rendered":"https:\/\/politicalbourbon.com\/en\/?p=2715"},"modified":"2022-04-28T10:51:03","modified_gmt":"2022-04-28T14:51:03","slug":"musk-twitter-deal-sinks-tesla-by-over-125-billion","status":"publish","type":"post","link":"https:\/\/politicalbourbon.com\/en\/2022\/04\/28\/musk-twitter-deal-sinks-tesla-by-over-125-billion\/","title":{"rendered":"Musk Twitter Deal Sinks Tesla by Over $125 Billion"},"content":{"rendered":"\n<p>Elon Musk, who is listed as the world&#8217;s richest man, has an estimated net worth of $257 billion, <a href=\"https:\/\/www.bloomberg.com\/billionaires\/profiles\/elon-r-musk\/?sref=h2AwP2mF\">according to Bloomberg<\/a>, Two thirds of his wealth is from Tesla stock.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/politicalbourbon.com\/en\/file\/2022\/04\/Tesla2-300x200.png\" alt=\"\" class=\"wp-image-2719\" srcset=\"https:\/\/politicalbourbon.com\/en\/file\/2022\/04\/Tesla2-300x200.png 300w, https:\/\/politicalbourbon.com\/en\/file\/2022\/04\/Tesla2-768x512.png 768w, https:\/\/politicalbourbon.com\/en\/file\/2022\/04\/Tesla2-696x464.png 696w, https:\/\/politicalbourbon.com\/en\/file\/2022\/04\/Tesla2.png 970w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/figure><\/div>\n\n\n\n<p>While taking over Twitter could be good for Musk the takeover has negatively affect Tesla&#8217;s stock. One day after Twitter announced it accepted Musk&#8217;s $44 billion takeover Tesla stock dropped 12.2% wiping out more than $125 billion of Tesla&#8217;s market value. <\/p>\n\n\n\n<p> While its unclear how Musk will fund the Twitter deal speculation is swirling that if he liquidates Tesla stock to fund the transaction that Tesla stock would be further affected.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk, who is listed as the world&#8217;s richest man, has an estimated net worth of $257 billion, according to Bloomberg, Two thirds of his wealth is from Tesla stock. While taking over Twitter could be good for Musk the takeover has negatively affect Tesla&#8217;s stock. One day after Twitter announced it accepted Musk&#8217;s $44 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2720,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3122],"tags":[3601,3602,3600,2481],"class_list":{"0":"post-2715","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"tag-elon-musk","9":"tag-stock-drop","10":"tag-tesla","11":"tag-twitter"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/politicalbourbon.com\/en\/wp-json\/wp\/v2\/posts\/2715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/politicalbourbon.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/politicalbourbon.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/politicalbourbon.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/politicalbourbon.com\/en\/wp-json\/wp\/v2\/comments?post=2715"}],"version-history":[{"count":0,"href":"https:\/\/politicalbourbon.com\/en\/wp-json\/wp\/v2\/posts\/2715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/politicalbourbon.com\/en\/wp-json\/wp\/v2\/media\/2720"}],"wp:attachment":[{"href":"https:\/\/politicalbourbon.com\/en\/wp-json\/wp\/v2\/media?parent=2715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/politicalbourbon.com\/en\/wp-json\/wp\/v2\/categories?post=2715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/politicalbourbon.com\/en\/wp-json\/wp\/v2\/tags?post=2715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}