Elon Musk may replace some of the high-interest debt he used to finance his takeover of Twitter with new margin loans backed by Tesla stock, reported Bloomberg . The news outlet said bankers led by Morgan Stanley and Musk’s advisers have discussed a refinancing to lower the burden of the $13 billion in debt, which saddles the business with $1.3 billion in annual interest costs. An exodus of...
Musk’s Bankers Consider Replacing Twitter Debt With Tesla Margin Loans
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
startups
ai
Y Combinator’s Garry Tan Goes to the Mat