My initial theory on his "Funding Secured" tweet was either the Norway or Saudi fund had agreed to fund the buyout, but Musk did not want any one single shareholder to have more than his 20% stake...
My initial theory on his "Funding Secured" tweet was either the Norway or Saudi fund had agreed to fund the buyout, but Musk did not want any one single shareholder to have more than his 20% stake in Tesla. That seems to be the case as each new tidbit has come out in the news. I was really hoping it was Norway though, as Saudi is not a good look for the Tesla brand, PR-wise.
My initial theory on his "Funding Secured" tweet was either the Norway or Saudi fund had agreed to fund the buyout, but Musk did not want any one single shareholder to have more than his 20% stake in Tesla. That seems to be the case as each new tidbit has come out in the news. I was really hoping it was Norway though, as Saudi is not a good look for the Tesla brand, PR-wise.
Elon Musk is not a good look for the Tesla brand to be honest, he goes around calling people pedophile now.
Yeah, that was a low point for me in regards to him. Guy needs to get some sleep or something.