Re:Elon Musk Settles SEC Fraud Charges
by DennisP on Sunday September 30, 2018 @06:34AM
(#18105568)
I meant "covering" in the context of the parent commenter's concern about cash flow. He's not donating the money to Tesla, but he's preventing the fine from making their cash flow worse.
[ Parent
| on HN ]
Buying stock on the public market doesn't affect Tesla or its cash flow at all. Tesla is not the counterparty in this transaction.