Re:Notice of termination of Twitter merger agreement
by rmbyrro on Friday July 08, 2022 @06:43PM
(#32028639)
The theory presumes he never intended to actually buy Twitter stocks, just keep the cash.
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Re:Notice of termination of Twitter merger agreement
by behnamoh on Friday July 08, 2022 @06:54PM
(#32028802)
But why would he need cash? To buy another company, or start one of his own?
Re:Notice of termination of Twitter merger agreement
by floatinglotus on Friday July 08, 2022 @07:08PM
(#32029002)
He knows Tesla is overpriced and wants to take some of his money off the table. He knows it is due for a major haircut.
Re:Notice of termination of Twitter merger agreement
by yebyen on Friday July 08, 2022 @08:17PM
(#32029864)
Why would anyone need cash ahead of a recession? I wonder...
Re:Notice of termination of Twitter merger agreement
by johannes1234321 on Friday July 08, 2022 @07:05PM
(#32028973)
To prevent itbecome worthless from a Tesla stock crash. Either putting it in the abnk or other investments.
Re:Notice of termination of Twitter merger agreement
by rmbyrro on Monday July 11, 2022 @07:24AM
(#32054668)
To buy more tesla stocks than he had before, at a lower price point each.
He doesn't hide he would like to have the company private. Owning more stocks moves him closer to this ideal.
Just speculating, I have no inside info on what he really wants to do with the cash.