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Musk had one 30-minute conversation about potentially taking Tesla private with the Saudi Arabia Public Investment Fund (“Saudi PIF”) on July 31, 2018. No price
by shapefrog 4y ago
Musk had one 30-minute conversation about potentially taking Tesla private with the Saudi Arabia Public Investment Fund (“Saudi PIF”) on July 31, 2018. No price was discussed, no structure for the transaction was proposed, no amount of funding was agreed.
That is the full extent of the promise to back it up.
If it wasnt a joke or stock price manipulation to stop loans against the stock from triggering, then Musk is retarded. Its pretty obvious he isnt retarded so it must be one of the other options.
- 55555 4y ago> No price was discussed. To be fair, the stock price is public info. It is generally understood that to take a company public you need a slightly higher offer and support of shareholders and/or board (Elon). So I could see how you could both be on roughly the same page re: price without talking about specific numbers.
- shapefrog 4y agoIf he thought they were on the same page then he is a retard.
- mrguyorama 4y ago>Its pretty obvious he isnt retarded What makes that obvious?
- aliswe 4y agoIf it was a joke, then he must be. Which he isn't. So it must be another option.