Elon Musk's financial troubles at X have led to decreasing ad revenue and fears that he may sell Tesla stock to raise necessary cash for the platform.
Bradford Ferguson predicts Musk may need to liquidate $1 to $2 billion in Tesla stock, potentially causing a 5% to 10% drop in its value.
X's recent revenue figures show a 25% drop from the previous quarter and an astounding 84% decline since before Musk's acquisition, raising concerns about its survival.
Musk himself has acknowledged that X could face bankruptcy, highlighting the severity of the advertiser boycott and the implications for financial stability.
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