Tommy Tainant
Diamond Member
The Market Is Losing Confidence in the Ability of the CEO of Tesla to Close the Twitter Takeover Deal
Twitter shares closed Friday at $49.02, corresponding to a discount of $5.18 relative to the offer price of $54.20 from the CEO of Tesla
wccftech.com
This article seems to cast doubt on the deal.
But I am sure he could do the deal if he wants to.
The question is why he would want to unless its some dick waving thing.
The amount of debt involved is eye watering and suggest he has little margin of error in making changes to the site.
Maybe he has a rabbit in his hat but I cant see where the profits are coming from.
If he starts charging folk willl abandon the site on day one.He cant take any more ads because it is maxxed out on ads. His biggest attraction aint coming back because he has his own dismal platform to promote.
Is this a good deal ?