141–150 of 290 posts
Earlier quoted context omitted.
You are saying it isn't a bluff with evidence from the potential bluffer.
He would be liable for Market manipulation and securities fraud if this was not true.
If Elon is guaranteeing a $420/share buyout - are there any downsides to buying as much stock as possible right now? Would the only risk be that this whole plan falls through or that Elon ultimately decides against that price?
That is pretty big risk; if this plan isn't real or falls through, the stock is going down hard.
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Isn't SpaceX success due to the fact that most of its orders come from the US government while Tesla has to compete in the free market and isn't that successful there?
The free market of automobile manufacturing in which the USA has propped up both GM and Ford, and in the past Chrysler? The one in which the Japanese government is carefully intertwined with their automotive industry? The government is a customer of space x but they still compete against other companies for that business.
Earlier quoted context omitted.
Isn't SpaceX success due to the fact that most of its orders come from the US government while Tesla has to compete in the free market and isn't that successful there?
In which "free" market are you "prohibited" from selling your product directly to customers? [1] [1] https://en.wikipedia.org/wiki/Tesla_US_dealership_disputes
> As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders. Being public also subjects us to the quarterly earnings cycle that puts enormous pressure on Tesla to make decisions that may be right for a given quarter, but not necessarily right for the long-term. > SpaceX is a perfect example: it is far more operatio…
Going private, wouldn't it be a bigger distraction for everyone working at Tesla to wonder whether they can find a private buyer or not for their shares and what their shares are actually worth?
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Just go ahead and like the guy!
He's smart, and also a monumental dickwad. I'd expect people that dislike him to do so for the latter, not the former. (i'm on that boat too)
I am a bit ignorant as to the mechanics of how this would work. Can anyone with the knowledge elaborate on what this means? Im thinking in terms of a few scenarios here: 1) I read this news and want to get on the Tesla train and throw all my liquidity into the current stock. 2) I already have x number of shares. What happens to them? 3) If I dissent, am I cut a check and told to hit the bricks? 4) is he going to need…
1. You can buy TSLA stock as soon as trading them resumes. Lots of people already have. 2. If this acquisition goes through, each one of your stocks will be worth $420. Congrats. 3. You can't really dissent to shareholder majority agreeing to this deal. 4. $70bn is a lot of mulla, so I would guess this will not be all Musk's personal funds. 5. Theoretically, through some sort of a private equity venue. Just like any…
I'm curious how this will work if you hold TSLA in retirement accounts (all of my TSLA is in a Roth IRA).
The main question I have is about financing. If Elon owns 20% of the company now, and he doesn't intend for that to change, and he is giving the option of public shareholders to sell at $420, then who is financing this? Usually a private takeover requires a partnership with a huge private equity firm. Wouldn't releasing this without having (or identifying) that partner be premature? And wouldn't the resulting stabili…