> the price will naturally gravitate towards $420 There's a decent chance of a bidding war driving the share price far higher than that. This is strategic for

> the price will naturally gravitate towards $420 There's a decent chance of a bidding war driving the share price far higher than that. This is strategic for the Saudis. And there are other strategic investors and sovereign wealth funds who will not want to see Tesla taken private for 10% above today's closing price. Tesla's market cap is only 6% of Apple's, and Apple isn't geopolitically strategic. Norway, China and Abu Dhabi all have SWFs larger than Saudi Arabia [1], and the energy implications of letting Tesla go would be strategic for each of them. [1] https://en.wikipedia.org/wiki/Sovereign_wealth_fund#Largest_sovereign_wealth_funds https://en.wikipedia.org/wiki/Sovereign_wealth_fund#Largest_...