Tesla whale calls for $15 billion stock buyback after share price craters

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Tesla whale calls for $15 billion stock buyback after share price craters
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Leo Koguan, who claims to be the third largest individual shareholder of Tesla stock, is calling on the carmaker to announce a $15 billion stock buyback.

Musk, the world's richest person on paper, said Tuesday that he's put the Twitter deal "on hold" until he gets more information on how many fake or spam accounts there are on the social media network.

"Elon Musk's recent comments suggest he is trying to negotiate a lower offer price," equity analyst Brent Thill and equity associate James Heaney said in a research note. Wedbush analyst and Tesla bull Dan Ives told CNBC Wednesday that Musk's plan to buy Twitter has been a "massive overhang" on Tesla's stock.

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