Re:Walmart sues Tesla over fires at stores fitted with its s...
by elithrar on Tuesday August 20, 2019 @11:28PM
(#20754350)
The parent is inferring that Lukas owns a non-insignificant stake of First Solar, a quasi-competitor of Solar City/Telsa, not Walmart themselves.
Re:Walmart sues Tesla over fires at stores fitted with its s...
by dgacmu on Tuesday August 20, 2019 @11:38PM
(#20754385)
They're referring, I believe, to the ownership of FSLR: https://finance.yahoo.com/quote/FSLR/
And Walton is at 21%:
https://m.marketscreener.com/FIRST-SOLAR-INC-37008/company/
Re:Walmart sues Tesla over fires at stores fitted with its s...
by perl4ever on Wednesday August 21, 2019 @08:06PM
(#20763306)
Ok, sure, but I've lost the thread here. Walton sounds like Walmart, and so does Wall Street and walrus. And this means...?
Re:Walmart sues Tesla over fires at stores fitted with its s...
by microtherion on Tuesday August 20, 2019 @10:36PM
(#20754135)
And Forbes lists Lukas' net worth at $17.6B, so unless he has a ton of other debt, he cannot possibly own more than about 5% of Wal-Mart.
Are you sure about that? Do you have an authoritative source?
I get zero hits for Lukas among Wal-Mart shareholder disclosures on sec.gov. Jim Walton, by contrast, does show up.
Also, Wal-Mart is trading for about $320B, so $1.5B is more like half a percent than twenty percent.