Yahoo Finance Live's Jared Blikre breaks down Mizuho's price target cuts on EV competitors Tesla and Nio.
Roth Capital Analyst Craig Irwin joins Yahoo Finance Live to discuss whether Elon Musk's Twitter ambitions will take away from his leadership at Tesla and reasons to be bearish on the electric vehicle maker.
Elon Musk bought himself some time on Thursday, after a judge accepted the billionaire's request to halt a Twitter lawsuit to allow him to close his proposed $44 billion buyout of the social media company by Oct. 28. Musk said earlier this week he would buy Twitter for $54.20 per share, the price that was agreed in April, but included a condition that the closing of the deal be contingent on debt financing for the transaction coming through. Musk has pledged to provide $46.5 billion in equity and debt financing for the acquisition, which covers the $44 billion price tag and closing costs.