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Off-Topic => Off-Topic News Discussion => Topic started by: Legend on Aug 07, 2018, 07:15 PM

Title: edt2: SEC files lawsuit against Musk edt Staying Public: Elon Musk is buying out Tesla shares to make it a private company. $71 billion total offered, vote needed
Post by: Legend on Aug 07, 2018, 07:15 PM





NASDAQ has halted Tesla trading.

edt: https://www.tesla.com/blog/taking-tesla-private

https://www.foxbusiness.com/business-leaders/sec-files-lawsuit-against-tesla-chief-elon-musk
Title: Re: Elon Musk is buying out Tesla shares to make it a private company. $71 billion total offered
Post by: Mmm_fish_tacos on Aug 07, 2018, 08:53 PM
Over a tweet? They still need to take a vote. Why would they hault?
Title: Re: Elon Musk is buying out Tesla shares to make it a private company. $71 billion total offered
Post by: Legend on Aug 07, 2018, 09:00 PM
Over a tweet? They still need to take a vote. Why would they hault?
Tesla.com posted it after the tweet.

Lots of details in it.

Vote would probably pass since it gives everyone the option of staying.
Title: Re: Elon Musk is buying out Tesla shares to make it a private company. $71 billion total offered, vote needed
Post by: darkknightkryta on Aug 08, 2018, 01:30 PM
Good.  The shareholder model is a cancer to the world.
Title: Re: Elon Musk is buying out Tesla shares to make it a private company. $71 billion total offered, vote needed
Post by: the-pi-guy on Aug 08, 2018, 11:12 PM
Larry Page says he wants his fortune to go to Elon Musk. Alphabet is the next best thing. - Vox (https://www.vox.com/2015/8/12/9140477/google-alphabet-larry-page-charity)
Title: Re: Elon Musk is buying out Tesla shares to make it a private company. $71 billion total offered, vote needed
Post by: Legend on Aug 08, 2018, 11:32 PM
Larry Page says he wants his fortune to go to Elon Musk. Alphabet is the next best thing. - Vox (https://www.vox.com/2015/8/12/9140477/google-alphabet-larry-page-charity)
Yeah lots of speculation that Google or google related people are financing this. Could also be a foreign country or some of Musk's other billionaire friends.
Title: Re: Elon Musk is buying out Tesla shares to make it a private company. $71 billion total offered, vote needed
Post by: Legend on Aug 13, 2018, 05:35 PM
Update on Taking Tesla Private | Tesla (https://www.tesla.com/blog/update-taking-tesla-private)
Title: Re: edt Staying Public: Elon Musk is buying out Tesla shares to make it a private company. $71 billion total offered, vote needed
Post by: Legend on Aug 26, 2018, 05:06 PM
Staying Public | Tesla (https://www.tesla.com/blog/staying-public)
Title: Re: edt Staying Public: Elon Musk is buying out Tesla shares to make it a private company. $71 billion total offered, vote needed
Post by: darkknightkryta on Aug 26, 2018, 06:37 PM
I saw today.
Title: Re: edt Staying Public: Elon Musk is buying out Tesla shares to make it a private company. $71 billion total offered, vote needed
Post by: Legend on Sep 28, 2018, 02:06 AM
Tesla chief Elon Musk sued for allegedly misleading investors | Fox Business (https://www.foxbusiness.com/business-leaders/sec-files-lawsuit-against-tesla-chief-elon-musk)