4 ms·
Pretty enormous amount of money required. Say half of TSLA shareholders take the $420, that's approx ~$40bn required. Then there's another $10bnish of debt refi
by martinald 8y ago
Pretty enormous amount of money required. Say half of TSLA shareholders take the $420, that's approx ~$40bn required. Then there's another $10bnish of debt refinancing required, and probably many more billion for future product development and new assembly lines.
I don't think Softbank could finance this, it would be well over half their entire fund.
Saudi maybe - but still quite a chunk of change for them.
- qaq 8y agoI would imagine he talked to his institutional investors it could be far less than half.
- martinald 8y agoLooking at ownership summary, loads are held by ETFs, which I assume would have to divest as most track only public shares.
- martin_bech 8y agoOr Apple, Google, maybe even Jeff from Amazon. Musk changes the rules of the game on a regular basis.
- Element_ 8y agoJust because those companies have massive market caps and cash reserves doesn't mean they can cut a check for 40B+ to buy a company that is burning cash. Hard to imagine any board signing off on that deal.
- dragonwriter 8y ago> Just because those companies have massive market caps and cash reserves doesn't mean they can cut a check for 40B+ to buy a company that is burning cash. Cash reserves mean they can. > Hard to imagine any board signing off on that deal. Right, conservative (appropriately so!) corporate decision making means they likely won't, not can't.