Elon Musk Settles SEC Fraud Charges

Re:Elon Musk Settles SEC Fraud Charges by URSpider94 on Sunday September 30, 2018 @12:02AM (#18104393)

Assuming he is buying newly-issued shares from Tesla, then the money goes directly into their treasury. So, the company will have $20MM more in cash than it did the day before.

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Re:Elon Musk Settles SEC Fraud Charges by nathanvanfleet on Sunday September 30, 2018 @01:54AM (#18104691)

He is still getting something out of that transaction. That's like saying buying food at a restaurant is a donation.

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Re:Elon Musk Settles SEC Fraud Charges by cpuguy83 on Sunday September 30, 2018 @10:32AM (#18106308)

I'm no finance person, lawyer, or anything like that. But I suspect that he can't just give Tesla money and it has to be in exchange for something, such as stock.

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Re:Elon Musk Settles SEC Fraud Charges by manquer on Sunday September 30, 2018 @02:14AM (#18104770)

It will cost the company 20 million yes but will not affect the free cash flows

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Re:Elon Musk Settles SEC Fraud Charges by Phenomenit on Sunday September 30, 2018 @05:21AM (#18105357)

If it's newly issued the price will be dilution of the other shareholders stock. I guess it's a smallest burden on Elon and the rest of the shareholders.

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Re:Elon Musk Settles SEC Fraud Charges by RhodesianHunter on Sunday September 30, 2018 @12:21AM (#18104432)

And all existing shareholders will be diluted by the issuance of those shares.

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Re:Elon Musk Settles SEC Fraud Charges by peeters on Sunday September 30, 2018 @12:54AM (#18104530)

The shares would lose value via dilution or via a new $20 million debt, this is just an easy way to get the cash on hand.

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