Top financier: Elon Musk will have to liquidate Tesla stock to keep "X" in business

Elon Musk's declaration of war on his own advertisers exposes a grim reality for 'X', writes Fortune magazine, which quotes financier Bradford Ferguson saying he expects Musk to liquidate billions of dollars in Tesla stock to keep it in business.

'I would be expecting something between $1 and $2 billion in stock,' said Bradford Ferguson, president and chief investment officer of asset manager Halter Ferguson Financial, in comments posted to YouTube on Wednesday.

— Read the rest
The post Top financier: Elon Musk will have to liquidate Tesla stock to keep "X" in business appeared first on Boing Boing.