Re:Musk announces funding secured for Twitter buy
by londons_explore on Thursday April 21, 2022 @02:46PM
(#31113628)
Does the rule apply to all shareholders? I don't really see how a publically traded company can put an arbitrary condition on what can be done like that - any borrowing can be a totally private deal between you and a bank (or another private individual) - Tesla isn't even privvy to such deals, so how can they enforce any rules about them?
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Re:Musk announces funding secured for Twitter buy
by bombcar on Thursday April 21, 2022 @04:45PM
(#31114956)
Large shareholders have different rules and restrictions. For example, you can go buy TWTR all you want, but Musk had to report when he had obtained a certain percentage.
Remember that Musk is not only a shareholder of TSLA, but also an employee.