5 ms·
> Musk tweeted in an effort to destroy the shorts Is there any evidence that this was his intent? How do you know that he didn't actually intend to take the co
by pmcollins 8y ago
> Musk tweeted in an effort to destroy the shorts
Is there any evidence that this was his intent? How do you know that he didn't actually intend to take the company private?
- dforrestwilson 8y agoA long list of investors publicly denied any talks with Tesla. All potential banks expressed puzzlement with the tweet as well. One of them would absolutely have to be involved for a deal of this size and none were. Reporters asked everyone and found 0 evidence.
- acct1771 8y agoDid they ask the Saudi crown?
- dforrestwilson 8y agoYes they did. PIF, the sovereign fund, stated that they had no intention to go beyond their initial 5% investment. Last week they invested $1b in a Tesla rival, Lucid.
- acct1771 8y agoThanks
- lmm 8y agoHe's said a lot of anti-short-seller things on twitter. Even if he genuinely wanted to take the company private, it's hard to see the "funding secured" statement as anything other than a lie.