Elon Musk Faces Margin Call on Loan Used to Purchase Twitter – 24/7 Wall St.

Elon Musk Faces Margin Call on Loan Used to Purchase Twitter – 24/7 Wall St.

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Tesla (US:TSLA) Chief Executive Officer Elon Musk had to meet a margin call from creditors holding the stock as collateral for loans financing his Twitter acquisition, Barron’s reported on Thursday. A margin call is triggered when the value of the collateral securing the loan falls below an agreed…

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