Andrew DuckerAug 17, 2024
Link Post: Elon Musk may have to sell billions in Tesla stock to rescue X after its advertising sales are down 84% https://fortune.com/2024/08/15/elon-musk-tesla-stock-sale-twitter-x-advertiser-boycott-finances-bradford-ferguson/
Elon Musk’s financial woes at X have Tesla bulls fearing he will liquidate more stock

Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.

Fortune
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"We became victims of our own crime."
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Aug 18, 2024 at 12:33amWeb