Elon needing to sell $43B of TSLA to fund his purchase of Twitter?What's with the pre-market "mega" dump?
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Elon needing to sell $43B of TSLA to fund his purchase of Twitter?What's with the pre-market "mega" dump?
Add another 10B for taxes.
Meh. Then we can all sue him.Add another 10B for taxes.
He better do some borrowing and not do any on the market sell as a 50B dump will cut Tesla stock in half.
Could he purchase on margin? He’s got plenty of TSLA for a securities backed loan etc.Add another 10B for taxes.
He better do some borrowing and not do any on the market sell as a 50B dump will cut Tesla stock in half.
Elon can do a lot of things, doesn't mean he wouldn't pick the worst option like how he sold Tesla stocks. Preannoucing the sell and doing it in chunks on the open market while pre determined sell was happening was perhaps every worst option combined.Could he purchase on margin? He’s got plenty of TSLA for a securities backed loan etc.
1. | Best and Final: |
a. | I am not playing the back-and-forth game. |
b. | I have moved straight to the end. |
c. | It's a high price and your shareholders will love it. |
d. | If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder. |
i. | This is not a threat, it's simply not a good investment without the changes that need to be made. |
ii. | And those changes won't happen without taking the company private. |
2. | My advisors and my team are available after you get the letter to answer any questions |
a. | There will be more detail in our public filings. After you receive the letter and review the public filings, your team can call my family office with any questions. |
Just to confirm…Elon has offered to buy Twitter for more than Tesla was worth less than three years ago?!? What an interesting time to be alive. lol
He better do some borrowing
Could Elon offer to pay existing Twitter shareholders with his Tesla stocks (a swap) and avoid a large sale of TSLA? Is it legally possible?
AND…funding secured!Just to confirm…Elon has offered to buy Twitter for more than Tesla was worth less than three years ago?!? What an interesting time to be alive. lol
IYKYKJust to confirm…Elon has offered to buy Twitter for more than Tesla wasworthvalued at less than three years ago*?!? What an interesting time to be alive. lol
1. Existing user base (including followers)Yes, he’s offering over 50B while his team of programmers and him could manage to program a social media platform with free speech for under 100M. He should be reasoning with first principles like that moment he went to Russia to buy ICBMs and they quoted him over 30M for the rockets and he put on a napkin how much was the raw materials of this rockets and found out it was bellow 200k and decided to find SoaceX.
The answer I've heard to this question is that for any crash strong enough to damage the casting, you would have to total the car anyway.Makes me wonder what happens if there is a fender bender and the front or rear section has minor damage?
Elon pissing me off. This is just an unnecessary distraction.