Musk had one 30-minute conversation about potentially taking Tesla private with the Saudi Arabia Public Investment Fund (“Saudi PIF”) on July 31, 2018. No price was discussed, no structure for the transaction was proposed, no amount of funding was agreed.
That is the full extent of the promise to back it up.
If it wasnt a joke or stock price manipulation to stop loans against the stock from triggering, then Musk is retarded. Its pretty obvious he isnt retarded so it must be one of the other options.
To be fair, the stock price is public info. It is generally understood that to take a company public you need a slightly higher offer and support of shareholders and/or board (Elon). So I could see how you could both be on roughly the same page re: price without talking about specific numbers.
That is the full extent of the promise to back it up.
If it wasnt a joke or stock price manipulation to stop loans against the stock from triggering, then Musk is retarded. Its pretty obvious he isnt retarded so it must be one of the other options.