Musk Sells $4 Billion of Tesla Stock in Twitter Pursuit

Elon Musk is pursuing a deal to acquire Twitter, which involves selling 4.4 million Tesla shares. Despite this, Tesla's pre-market value rose by 3%, while Twitter's increased by 0.3%, still below Musk's offer price of $54.20 per share. Musk assured investors he has no further plans to sell Tesla stock, but some analysts, like Dan Ives from Wedbush, view the acquisition as a burden on Tesla's stock.

What significant action did Elon Musk take to fund his acquisition of Twitter?

How did the stock prices of Tesla and Twitter react in the pre-market after Musk's announcement?

What was the share price offer that Musk made for Twitter?

What concerns did Musk try to address through his tweets?

What is Dan Ives' perspective on Musk's acquisition of Twitter?