The board decided to go with my $10.29 all-cash offer instead
Not surprising. But does he have any way of stopping the shorts who are constantly manipulating the stock with news articles etc about things that probably don't even matter? I mean, a company is not entirely its CEO. But a regular article about how loopy Elon is doesn't help the stability of the market and there appears to be evidence that it's being done deliberately.
It's a bit unfortunate that they aren't going private, as I think the public markets quarterly focus, and the shorts heavily distract them from the end goal. It sounds like they was going to struggle to get the votes from shareholders though, as large institutions, and pension providers and such aren't really interested in seeing Tesla go private.
Sorry, you need to Log In to post a reply to this thread.
