Elon Musk Warns Against Margin Debt on Risk of Market ‘Mass Panic’

Elon Musk Warns Against Margin Debt on Risk of Market ‘Mass Panic’

Business
December 25, 2022 by secret
133
[ad_1] (Bloomberg) — Billionaire Elon Musk is warning against something he himself has done — borrowing against the value of securities one owns — because of the risk of “mass panic” in the stock market. Most Read from Bloomberg “I would really advise people not to have margin debt in a volatile stock market and