Musk's Twitter Financing Plan Revised in Amended 13D

Musk's Twitter Financing Plan Revised in Amended 13D

Assessment

Interactive Video

Business

University

Hard

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The video discusses Elon Musk's margin loan, initially backed by Tesla shares, which lost value, creating a need for more collateral. Musk announced equity backing to reduce debt, and later decided to eliminate the margin loan entirely. He plans to seek additional equity from existing shareholders like Jack Dorsey, and may sell more Tesla shares to meet the equity requirements.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial value of the margin loan that Musk obtained?

Fifteen billion dollars

Twelve and a half billion dollars

Ten billion dollars

Twenty billion dollars

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the collateral for Musk's personal loans?

Tesla shares

SpaceX shares

Real estate

Cryptocurrency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact did the decline in Tesla's share value have on Musk's margin loan?

It had no impact

It reduced the need for collateral

It made it difficult to provide additional collateral

It increased the loan amount

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Musk plan to reduce the need for debt?

By selling more Tesla shares

By reducing Tesla's share value

By securing equity backing

By increasing the loan amount

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy did Musk consider to acquire additional equity?

Asking existing shareholders to stay on board

Issuing new Tesla shares

Merging with another company

Taking another loan