Evil Diaries: As Frankie Howerd OBE almost said, Twitter ye not
I suspect that Musk will get into trouble over Twitter (TWTR). I know he is a free speech enthusiast but there are limits and one can bet heavy dough that Musk will exceed them.
However, that cannot mean that going short TWTR is a good strategy since, seemingly, Musk is paying cash and long before difficulties emerge shorters will be bought in. As Nigel Molesworth would have said: Chiz Chiz.
Quite how Musk reckons he can run Tesla (TSLA) as well I have no idea.
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Chariot (CHAR) this morning announce that Societe Generale have been appointed to arrange loan financing for the offshore Morocco Anchois field. Soc Gen do not take on such an appointment only to announce that they cannot do the biz. This means that CHAR will get its dough and the upside is all that of current equity holders. All aboard. Now 20p.
What is your telephone number Simon?
Elon has done ok running Tesla, Space X, OpenAI, Neuralink, the boring company. Maybe he thinks he can run multiple companies successfully?
Underestimating Elon is like underestimating the Springboks. It could hurt…