Yggdrasill
Active Member
The above is speculation in my view.BTW:
"Trond Grande, deputy CEO of the Norwegian fund, declined to say whether Tesla had approached the fund about going private."
That kind of refusal to comment (from a fund manager otherwise willing to talk to the reporter) is generally only done if the Norwegian fund is indeed in talks with Tesla and potentially other shareholders, under NDA.
(If they had not been approached yet there would be no reason to not share that information.)
This appears to be the first indirect confirmation that the largest Tesla shareholders are actively participating in a going-private negotiation process.
Generally, the fund doesn't discuss specific investments at all. I was surprised they got them to say that much, and I think they would have said the same thing regardless of any discussions that are or aren't happening.