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Yes he is, Where do you get 66 billion $. Investor support dosen't mean he has the financing. Don't quote a tweet, get some real sources. "And yet it also left
by arvind3199 8y ago
Yes he is, Where do you get 66 billion $. Investor support dosen't mean he has the financing. Don't quote a tweet, get some real sources.
"And yet it also left many questions unanswered, namely how Musk -- who owns almost 20 percent of the company -- would be able to come up with the $66 billion necessary to complete the transaction. At $420 a share, Tesla would have an enterprise value of about $82 billion including debt. To take it private, the billionaire would have to pull off the largest leveraged buyout in history, surpassing Texas electric utility TXU’s in 2007."
- mythz 8y agoThat's an announcement from the CEO of Tesla. The details are still forthcoming but there is no greater source. $66B is inaccurate, Tesla would only need to buy from the shareholders that wish to sell at $420.