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

Started by Legend, Aug 07, 2018, 07:15 PM

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Legend

Aug 07, 2018, 07:15 PM Last Edit: Sep 28, 2018, 02:06 AM by Legend

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

Mmm_fish_tacos

#1
Aug 07, 2018, 08:53 PM
Over a tweet? They still need to take a vote. Why would they hault?

Legend

#2
Aug 07, 2018, 09:00 PM
Quote from: Mmm_fish_tacos on Aug 07, 2018, 08:53 PMOver 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.

darkknightkryta

#3
Aug 08, 2018, 01:30 PM
Good.  The shareholder model is a cancer to the world.

Legend

#5
Aug 08, 2018, 11:32 PM
Quote from: the-Pi-guy on Aug 08, 2018, 11:12 PMLarry Page says he wants his fortune to go to Elon Musk. Alphabet is the next best thing. - Vox
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.

Legend

#6
Aug 13, 2018, 05:35 PM

Legend

#7
Aug 26, 2018, 05:06 PM

darkknightkryta

#8
Aug 26, 2018, 06:37 PM
I saw today.
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