Elon Musk wants to take Tesla private

R13...

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#3
Only if he can find some sucker willing to leverage him $82bn for the share buyback he'd need to pull it off. I think as the article states, no one believes he has the stones nor resources to go through with it
 

NarrowBandFtw

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#5
Only if he can find some sucker willing to leverage him $82bn for the share buyback he'd need to pull it off. I think as the article states, no one believes he has the stones nor resources to go through with it
Better yet, a class action lawsuit might follow; if he can't prove he actually has the funding secured to make it happen he is guilty of manipulating the stock price with false information ...
 

WalkWithMe

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#6
Only if he can find some sucker willing to leverage him $82bn for the share buyback he'd need to pull it off. I think as the article states, no one believes he has the stones nor resources to go through with it
Assume he doesn't buy himself out, then it is only the value of the other shareholders. A collapsed price makes things possible. It also doesn't mean he is the only shareholder, just saying go private, so their could be other shareholders in the private venture help fund this.
 

BBSA

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#7
Assume he doesn't buy himself out, then it is only the value of the other shareholders. A collapsed price makes things possible. It also doesn't mean he is the only shareholder, just saying go private, so their could be other shareholders in the private venture help fund this.
This, and he said current shareholders does not have to sell.
 

milomak

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#8
Assume he doesn't buy himself out, then it is only the value of the other shareholders. A collapsed price makes things possible. It also doesn't mean he is the only shareholder, just saying go private, so their could be other shareholders in the private venture help fund this.
not sure how a collapsed price figures when he said he was willing to do at a 20% premium

obviously those with short positions will want to put a word in with the sec
 

SauRoNZA

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#9
Elon Musk wants to take Tesla private

The wild tweet hit Wall Street at precisely 12:48 p.m. Tuesday -- and things just keep getting wilder.

Seemingly out of the blue, Elon Musk proclaimed that he might pull his money-losing Tesla Inc. off the market.

[Bloomberg]
Wtf? Where on earth did you read that he would “pull his money” and how does that even make any sense to you?

His 20% would remain firmly intact and that entire point of the exercise would be to gain deeper control of the company and it be manipulated by the market.

And it was very far from out of the blue. These discussions have been going on for weeks. Just because the media doesn’t know about it doesn’t make it out of the blue.
 

Thor

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#10
Wtf? Where on earth did you read that he would “pull his money” and how does that even make any sense to you?

His 20% would remain firmly intact and that entire point of the exercise would be to gain deeper control of the company and it be manipulated by the market.

And it was very far from out of the blue. These discussions have been going on for weeks. Just because the media doesn’t know about it doesn’t make it out of the blue.
It's Jaime.
 

SauRoNZA

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#13
Bloomberg repost.
Except that statement is nowhere in the Bloomberg article or in the MyBB repost.

It’s only in this thread so it must be a personal addition.

And a misrepresentation of Bloomberg at that.
 

Daruk

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#14
Bloomberg have just joined the ranks of Huffpost
Only one attempt at manipulation here IMO
 

saor

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#15
Except that statement is nowhere in the Bloomberg article or in the MyBB repost.
It's in the Bloomberg article.
Or we talking about different quotes?

The wild tweet hit Wall Street at precisely 12:48 p.m. Tuesday -- and things just keep getting wilder.

Seemingly out of the blue, Elon Musk proclaimed that he might pull his money-losing Tesla Inc. off the market. Taking the electric-car company private at the price he touted would amount to an $82 billion valuation, a monumental sum that left many investors wondering: Is this a joke?

https://www.bloomberg.com/news/articles/2018-08-08/for-elon-musk-an-82-billion-gambit-to-silence-telsa-s-critics
 

milomak

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#16
Wtf? Where on earth did you read that he would “pull his money” and how does that even make any sense to you?

His 20% would remain firmly intact and that entire point of the exercise would be to gain deeper control of the company and it be manipulated by the market.

And it was very far from out of the blue. These discussions have been going on for weeks. Just because the media doesn’t know about it doesn’t make it out of the blue.
the actual quote is "pulling his money-losing Tesla" which is different from what it seems you have inferred to be musk is pulling his money.

the discussions, if they were happening, were non-public information before musk made his tweets
 
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