US billionaire Elon Musk has agreed to buy the Internet company Twitter for $ 44 billion. And Tesla’s shares became the target of speculators after Musk refused to publicly reveal how he would pay for the transaction.
Investors fear that Tesla’s boss could sell part of his stake in the carmaker to raise funds to take over Twitter.
The billionaire should supply “of his” about $ 21 billion. Although he is the richest man in the world, he is estimated to have only about $ 3 billion in cash and other liquid assets.
Shares of electric car manufacturer Tesla fell more than 12 percent on Tuesday. The market value of the company is currently $ 906 billion, on Monday it was more than one trillion dollars.
As of April 4, Tesla’s market value has dropped by more than $ 275 billion, down about 23 percent. This is a billionaire created a 9.2 percent stake in Twitter and became its largest shareholder.
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