Elon Musk's autocratic take over Twitter may have already run into some issues. The main one. How is he going to finance it, while clamping down on advertising revenue? Selling TESLA shares to pay the difference could cause a capitulation in the share price.

 

Elon Musk sold $4 Billion Tesla shares to assist in the financing of the Twitter acquisition, as noted in this post, this will probably cause a share meltdown on the TELSA share price.  To which both the stock price and Future price have been knocked down respectably from $1000 a share to $877 (Tesla stock) and $834 (Futures price).

My prediction spread is for it drop from its current price at 877 to 831 as it trades near the 800 support (red line).   

The lines below in separate charts are the case for a further decline of TESLA:  

USD futures:  Bid

10 YR yield:  Rising

NASDAQ: Selling

As the U.S .Dollar and higher yields are negative to speculative stocks like TESLA and the NASDAQ, plus the news that some bank/s declined to finance the Twitter take over doesn't bode to well either.  Twitter job cuts soon?