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> It's a very, very annoying/distracting cover, not to mention an expensive one. It is hard to say how expensive it actually is… if he had sold overpriced Tesl
by nicce 4y ago
> It's a very, very annoying/distracting cover, not to mention an expensive one.
It is hard to say how expensive it actually is… if he had sold overpriced Tesla stock without cover, could that lose be much more than - one billion termination fee?
- DwnVoteHoneyPot 4y agoHow much has he lost in his stake of Twitter as its share price decreases? Why would he use Twitter as cover when he could use much better alternatives? Why would he waive normal due diligence that is customary if it was a fancy plan to exit Twitter from the beginning?
- deleted 4y ago[deleted]
- Beldin 4y agoGood questions! I don't think they apply to someone who tweeted "considering to take my company private at $X a share; funding secured" when funding definitely wasn't secured. The story where he made an(other) impulsive decision (buy Twitter!) and then realised some potential benefit as a side effect (liquidate overpriced stock without raising eyebrows) sounds plausible. In the end, Elefino [1]. Musk gonna musk, I guess. [1] https://www.google.com/url?q=https://m.youtube.com/watch%3Fv%3DdhUL1Afir_w&sa=U&ved=2ahUKEwjs-qiP-u74AhVJ_KQKHTCmDkYQtwJ6BAgAEAE&usg=AOvVaw3JVu1fo5N2xIX3MSmOQmr3 https://www.google.com/url?q=https://m.youtube.com/watch%3Fv...
- DwnVoteHoneyPot 4y agowell then Musk's plan is "a couple sandwiches short of a pinic basket"[1], which leads me to believe it's not a master conspiracy plan and he's just winging it. [1] https://www.google.com/url?q=https://m.youtube.com/watch%3Fv%3DdhUL1Afir_w&sa=U&ved=2ahUKEwjs-qiP-u74AhVJ_KQKHTCmDkYQtwJ6BAgAEAE&usg=AOvVaw3JVu1fo5N2xIX3MSmOQmr3 https://www.google.com/url?q=https://m.youtube.com/watch%3Fv...