Musk Says He's 'Overpaying' for Twitter

Musk Says He's 'Overpaying' for Twitter

Assessment

Interactive Video

Business

University

Hard

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Elon Musk expressed optimism about his acquisition of Twitter, despite acknowledging he overpaid. Under a court order, he must complete the $44 billion deal by October 28th. This has led to fluctuations in Twitter and Tesla stock prices, with Twitter shares rising slightly and Tesla shares facing pressure. Speculation surrounds Musk's need to sell Tesla shares to fund the Twitter purchase, impacting market dynamics.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage increase in Twitter shares during extended trading?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the concerns of the bears regarding Tesla stock?

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