Elon Musk’s finances complicated by declining wealth, Twitter pressures

wsj

5 min read . Updated: 25 Dec 2022, 06:16 PM IST Tim Higgins, The Wall Street Journal

Tesla's share value has fallen 18% this week alone and more than 60% since Musk announced his plan to buy the social-media platform (Photo: Reuters) — Tesla's share value has fallen 18% this week alone and more than 60% since Musk announced his plan to buy the social-media platform (Photo: Reuters)

Billionaire’s borrowing power has shrunk with Tesla share decline

Elon Musk’s wealth and borrowing power are now being tested as the Tesla Inc. shares that have fueled his fortune have sharply declined while he aims to stabilize his massive personal investment in Twitter Inc.