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Saudi money is dripping with blood - the kingdom's wealth and control is a result of well documented massacre of dissidents, of Shias and of funding terror and

Saudi money is dripping with blood - the kingdom's wealth and control is a result of well documented massacre of dissidents, of Shias and of funding terror and patronizing the Wahabis, especially against philosophies opposed to the kingdom. It's deeply disappointing to see Musk legitimatize the Sauds, who threatened Canada with a 9/11 style attack just 24 hours ago

Voloskaya 8y ago
How is Musk legitimizing the Sauds exactly? If anything it looks like one of the reason to go private is specifically to prevent the Saudi fund from being able to increase their ownership by buying on the public market.
- mankash666 8y ago
  You cannot stop the Sauds from buying stock on the public market, you can decline a private bailout from them, on moral grounds
  - Voloskaya 8y ago
    How exactly is the Saudi fund going to buy share on the public market if Tesla is not on the public market anymore?
    - writepub 8y ago
      Moot point. If public, Tesla can't stop the Sauds from buying stock. However, they can refuse a bailout from the Sauds to go private
      - Voloskaya 8y ago
        > However, they can refuse a bailout from the Sauds to go private What do you mean? I may be missing something here, but I really don't understand this part. Are you suggesting the Saudis are the one that will provide the 50B$ needed to go private?
  - nickik 8y ago
    There is no 'bailout' stop making up bullshit.
belltaco 8y ago
FT which broke the story, said that the Saudis approached Tesla to buy a stake, but Tesla refused, for whatever reason, probably financial, or maybe didn't want to dilute the stock. Musk can do nothing to stop anyone from buying or shorting Tesla shares, that's regulated by the government. So how is this true again? >It's deeply disappointing to see Musk legitimatize the Sauds Also, don't you know that the Saudis put $50 billion into Softbank's fund?
- writepub 8y ago
  > Also, don't you know that the Saudis put $50 billion into Softbank's fund? Anyone with a conscience would refuse Saudi funding, funneled via SoftBank or directly. Remember how HN and googlers were up in arms against accepting Pentagon money, this is a million times worse. It is true that Musk is accepting a bailout from the Sauds, are you disputing that? Hence, it's disappointing that he's ignoring, or somehow rationalizing all the blood shed by the Sauds
  - fmihaila 8y ago
    > It is true that Musk is accepting a bailout from the Sauds, are you disputing that? How did you reach that conclusion? He declined to sell them new shares, so the Saudis bought them on the open market. Tesla didn't get a dime. What bailout are you referring to?
  - deleted 8y ago
    [deleted]
paulpauper 8y ago
It has nothing to do with Musk legitimizing the Saudis. The Saudis have a sovereign wealth fund, which can invest in private and public companies.

Voloskaya 8y ago

How is Musk legitimizing the Sauds exactly? If anything it looks like one of the reason to go private is specifically to prevent the Saudi fund from being able to increase their ownership by buying on the public market.

mankash666 8y ago
You cannot stop the Sauds from buying stock on the public market, you can decline a private bailout from them, on moral grounds
- Voloskaya 8y ago
  How exactly is the Saudi fund going to buy share on the public market if Tesla is not on the public market anymore?
  - writepub 8y ago
    Moot point. If public, Tesla can't stop the Sauds from buying stock. However, they can refuse a bailout from the Sauds to go private
    - Voloskaya 8y ago
      > However, they can refuse a bailout from the Sauds to go private What do you mean? I may be missing something here, but I really don't understand this part. Are you suggesting the Saudis are the one that will provide the 50B$ needed to go private?
- nickik 8y ago
  There is no 'bailout' stop making up bullshit.

belltaco 8y ago

FT which broke the story, said that the Saudis approached Tesla to buy a stake, but Tesla refused, for whatever reason, probably financial, or maybe didn't want to dilute the stock. Musk can do nothing to stop anyone from buying or shorting Tesla shares, that's regulated by the government. So how is this true again? >It's deeply disappointing to see Musk legitimatize the Sauds Also, don't you know that the Saudis put $50 billion into Softbank's fund?

writepub 8y ago
> Also, don't you know that the Saudis put $50 billion into Softbank's fund? Anyone with a conscience would refuse Saudi funding, funneled via SoftBank or directly. Remember how HN and googlers were up in arms against accepting Pentagon money, this is a million times worse. It is true that Musk is accepting a bailout from the Sauds, are you disputing that? Hence, it's disappointing that he's ignoring, or somehow rationalizing all the blood shed by the Sauds
- fmihaila 8y ago
  > It is true that Musk is accepting a bailout from the Sauds, are you disputing that? How did you reach that conclusion? He declined to sell them new shares, so the Saudis bought them on the open market. Tesla didn't get a dime. What bailout are you referring to?
- deleted 8y ago
  [deleted]

paulpauper 8y ago

It has nothing to do with Musk legitimizing the Saudis. The Saudis have a sovereign wealth fund, which can invest in private and public companies.