Re:Musk announces funding secured for Twitter buy
by seoaeu on Thursday April 21, 2022 @10:56AM
(#31110247)
The people Musk said he had funding secured from for taking Tesla private immediately denied it. To the point of saying they’d only had a single conversation with him, and never discussed price
Re:Musk announces funding secured for Twitter buy
by skellington on Thursday April 21, 2022 @11:14AM
(#31110519)
Can you tell us more about the detailed internal discussions that happened between Musk and N other parties concerning possible funding for taking Tesla private? You seem to be an authority on the subject.
Re:Musk announces funding secured for Twitter buy
by seoaeu on Thursday April 21, 2022 @11:45AM
(#31110985)
“It turned out that he had had a single casual conversation with representatives of a Saudi sovereign wealth fund in which they did not discuss the price of the deal or how much money the Saudis were willing to invest; ultimately Musk settled fraud charges with the Securities and Exchange Commission over this tweet.”
https://www.bloomberg.com/opinion/articles/2022-04-20/elon-c...
Re:Musk announces funding secured for Twitter buy
by zionic on Thursday April 21, 2022 @12:14PM
(#31111390)
He had verbal commitment from someone who claimed (and he believed) to have final authority to execute the deal.
Re:Musk announces funding secured for Twitter buy
by misiti3780 on Thursday April 21, 2022 @02:04PM
(#31113022)
They are probably kicking themselves at this point though, given the trajectory TSLA seems to be on at this point.
https://www.youtube.com/watch?v=vzY_jIJaZwk
Hard to really know the facts, but things may not be as they appear. In this case however, he has filed the SEC docs to verify that funding is secured.