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In my hypothesis, which is of course entirely hypothetical, he didn't lie when he said "I control 12% of Twitter".
by maratc 5y ago
In my hypothesis, which is of course entirely hypothetical, he didn't lie when he said "I control 12% of Twitter".
- HWR_14 5y agoSure he did. The law recognizes his indirect control as possibility and all the SEC forms specify when they ask how much he controls they're including via those mechanisms. I mean, if he owned some Google stock, and Google decided to buy 1% of Twitter, that would probably be different, because Elon wouldn't own enough of Google to make them do anything or even be aware of their investments. But if Tesla did, or he bought index funds that included Twitter, then yes.
- maratc 5y agoI understand, thanks. Just wanted to be sure: did he have to necessarily fill out these forms before he said "I control x% of Twitter", or could it be that he didn't have to fill them out, and in practice didn't fill them out?
- pas 5y agoit's possible that the filing has a few days deadline after the event