Foreword: "Because last Thursday, Musk's filing with the SEC detailed the $25.5 billion debt financing he received from Morgan Stanley and other financial institutions, including margin loans applicable to his stake in Tesla." In other words, Musk has now received $46.5 billion to buy Twitter, but more than two-thirds of that money was either pooled by him or collateralized by his Tesla stock. "
Musk just officially announced the purchase of Twitter, and before he could think of it, the house caught fire. On Tuesday, April 26, the U.S. stock market closed, Tesla stock price plunged 12%, the biggest daily decline since September 2020, the market value evaporated about $126 billion, musk, who owns 17% of Tesla's personal wealth shrunk by more than 32 billion US dollars!
It goes without saying that Musk's purchase of Twitter caused panic among investors. Because last Thursday, Musk's filing with the SEC detailed $25.5 billion in debt financing from Morgan Stanley and other financial institutions, including margin loans applicable to his stake in Tesla. In addition, Musk himself will give $21 billion in equity financing.
In other words, Musk has now received $46.5 billion to buy Twitter, but more than two-thirds of that money was either pooled by him or collateralized by his Tesla stock.
Daniel Ives, an analyst at Wedbush Securities, a well-known investment management company in the United States, indicated that investors are worried that Musk will sell Tesla stock, and twitter is likely to diversify Musk's focus, which has put pressure on Tesla's stock price and is already causing the company's stock to enter a bear market.
At the same time, Twitter's shares also fell 3.9 percent to close at $49.68, though Musk promised monday to buy the company for $54.20 a share in cash. The spread widening reflects investors' concerns that a sharp drop in Tesla stock is likely to cause Musk to seriously consider a deal with Twitter. Most of the $239 billion fortune of the world's richest man comes from Tesla stock.
In addition, as inflation continues to burn high, the Fed is prepared in advance to launch a series of sharp interest rate hikes, global stock markets generally fell, and investors have fled high-growth companies.
"Tesla is now going to suffer three major blows," said Arthur Hogan, chief market strategist at National Securities Corporation, "In addition to concerns about the sale of Tesla stock and the intensification of the sell-off in growth stocks, Tesla stock also reflects some investors' concerns that Musk is too distracted and encounters new challenges." ”
NYSE trader Timothy Anderson told reporters that investors are concerned that Musk is likely to sell or pledge more Tesla shares to apply its financing, which is a key reason why Tesla's stock price came under pressure on Tuesday.
Twitter ken sells, banks are willing to borrow, but Musk seems to be encountering new problems, will the continuous bottoming of the US stock market cause its equity pledge risk?
According to foreign media reports, according to Musk's loan agreement, he needs to borrow any $100 worth of Tesla stock as collateral for every $20, that is, the loan-to-valueratio (loan-to-valueratio) is 20%. If, on any given day, he would be forced to attach additional margin to more than 35 percent of the value of his mortgaged stock, at which point Musk would be forced to sell more of his holdings, pay off his loans in advance, or any additional collateral. According to foreign media estimates, if Tesla's stock price falls by about 43%, it will trigger an additional margin notice.
Anderson showed that the recent U.S. stock market continues to bottom, the Nasdaq has fallen 12% in April, the downward pressure on Tesla's stock price has not been lifted, if Tesla stocks continue to suffer from sell-off, resulting in Musk additional margin, it is likely to cause a snowball effect.
1. What is a U.S. E2 Visa?
The E-2 visa refers to the "Treaty Investor Visa", which is a long-term, renewable, non-immigrant work visa. The E-2 visa enables nationals of countries that maintain business and navigation treaties with the United States to enter the United States on the basis of investor-controlled investments in the United States.
2. History of the U.S. E2 Visa:
The E-2 Investment Agreement visa is the most traditional type of visa in the U.S. immigration system, with an early history dating back to 1815. You can apply for an E-2 visa to the United States to invest in any legitimate industry, set up a company, or engage in international trade in any direction, hold more than 50% of the company's shares, and conduct substantial business. The E2 visa holder can remain in the U.S. as long as he maintains his status in the business.
3. Which agency is responsible for approving U.S. E2 visas?
It is run by the U.S. E2 Visa Center, which is a U.S. Investment Promotion Agency under the U.S. Immigration Service (U.S. Dollar Center). Citizenship and Immigration Services) and The Department of Homeland Security regulatory requirements, non-profit organizations that provide U.S. E2 visa services to people who invest and immigrate to the United States.
The U.S. E2 Visa Center is primarily responsible for guiding and assisting E2 investors in selecting suitable E2 programs and handling E2 visa application procedures.
4. Why are so many people applying for a U.S. E2 visa? Mainly the following advantages
1: The E2 main applicant works in a self-built enterprise, the applicant's legal spouse and 21-year-old unmarried children can obtain an E-2 dependent visa, the spouse and children can accompany the work and study, and the children holding an E-2 supplementary visa are allowed to study in various schools in the United States
2: The E2 initial visa is valid for two years, the maximum initial visa validity can be obtained for five years;
3: E2 visa holders do not have to land in the United States once every six months without immigration supervision; global taxation is not an issue.
4: The applicant's E2 visa can be renewed indefinitely as long as the investor continues to hold the program.
5: Although the E2 visa is a non-immigrant visa, when the investor enters the United States with an E2 visa, he can apply for a green card by investing in the EB-5 program, and eventually the whole family becomes a U.S. citizen.
6: Low threshold for application, no English and academic requirements;
7: No waiting period, the fastest 6 months to immigrate to the United States;
8: One person application, three generations of immigrants, no immigration supervision;
9: Enjoy green card benefits, free education, legal employment, entrepreneurship;
10: No source of funds explanation requirements;
11: Low project risk, no large expenditure, franchise business, government filing, no operational risk, transparent operation;
12: E-2 visa holders can live and live in a country other than the United States, can enter the United States at any time during the validity of the visa, and can be automatically renewed when entering the United States with a valid E2 visa, without the need to submit an additional renewal application.
About Shin Woo going abroad
Xinyu Overseas belongs to Shanghai Xinyu Private Entry and Exit Service Co., Ltd., the team has more than 20 years of experience in the copywriting team, more than 6 years of experience in the US consulate management team, Australian returnee professional translation team and senior customer service team. To provide the majority of immigrant customers with the industry's top level of service.
Different from the traditional immigration company model that is widely criticized, such as large mobility of service personnel and many projects but not refined, the main feature of our team is to specialize in a few immigration projects such as the United States and Canada, and each link is personally responsible for by experts, making the information transparent and ensuring the success rate of each customer.
So far, we have only represented a few projects with the highest safety factor, and there are specializations in the art industry, such as the U.S. E2 visa program. We are one of the few companies in China to introduce and professionally promote this project, with the exclusive agent of green truck projects and a large number of successful cases.
Copyright Notice:
1 The original content in Chinese and English published on the official account belongs to the original author!
2 In addition to the platform exclusive and original, other content is not the position of the platform.
3 Unauthorized reprinting or posting to other platforms reserves the right to pursue legal action.
Follow us, like + favorite