Elon Musk buys Twitter

[UKinNYS]

I don't believe musk pulled out w/o legal advice.
only rationale is that it's a tactic to force them to open the books in court and hence reduce price.
Other explanation is that it's all a cover to sell TSLA - doubtful.

[AsherO]

I don't believe musk pulled out w/o legal advice.
only rationale is that it's a tactic to force them to open the books in court and hence reduce price.
Other explanation is that it's all a cover to sell TSLA - doubtful.

Sell Tesla to whom? And at what possible price? Wouldn’t the value tank if he went this route?

[avromie7]

Sell Tesla to whom? And at what possible price? Wouldn’t the value tank if he went this route?

He means it was an excuse for Elon to sell TSLA stock without tanking the stock price because he had an excuse that he needed the cash to buy twitter.

[AsherO]

He means it was an excuse for Elon to sell TSLA stock without tanking the stock price because he had an excuse that he needed the cash to buy twitter.

But did he actually sell any yet? And is it worth it if it’ll cost him a $1b break fee.

[PlatinumGuy]

I don't believe musk pulled out w/o legal advice.

There is no lawyer in the world that would have advised him to blabber on twitter, especially like he's done in the past 24h.

only rationale is that it's a tactic to force them to open the books in court and hence reduce price.

Yet to be seen if that will happen.

Other explanation is that it's all a cover to sell TSLA - doubtful.

The unstable ploy will do more damage to TSLA. It's down 6% today alone.

[avromie7]

But did he actually sell any yet? And is it worth it if it’ll cost him a $1b break fee.

He sold shortly after the deal was announced.
It's a ridiculous conspiracy theory.

[stooges44]

[TimT]

Apparently Musk pulled the plug on his way out.

[Ephcc90]

I assumed it was comedy

Matt Levine is the best finance writer in the game and there’s not a close second. https://www.nytimes.com/2020/10/08/business/matt-levine-bloomberg.html

His daily newsletter is required reading. 

[yuneeq]

Matt Levine is the best finance writer in the game and there’s not a close second. https://www.nytimes.com/2020/10/08/business/matt-levine-bloomberg.html

His daily newsletter is required reading.

Despite that, the criticism against the article is valid.
https://yourlogicalfallacyis.com/appeal-to-authority

[Ephcc90]

Despite that, the criticism against the article is valid.
https://yourlogicalfallacyis.com/appeal-to-authority

You mean the logical, reasoned critique that the article is “whiny journalism?” Guess we’ll have to agree to disagree.

[avromie7]

You mean the logical, reasoned critique that the article is “whiny journalism?” Guess we’ll have to agree to disagree.

It's in opinion piece, he made it up and has no evidence to back it up. It's a ridiculous conspiracy theory designed to rack up page views.

[Ephcc90]

It's in opinion piece, he made it up and has no evidence to back it up. It's a ridiculous conspiracy theory designed to rack up page views.

Sorry, can you clarify what “it” is? What did he make up?

[avromie7]

Sorry, can you clarify what “it” is? What did he make up?

This is either a joke, or the writer is clueless about Elon Musk. If nothing else, this sentence is ridiculous "he sold 20,000 branded flamethrowers to make a joke about flamethrowers, and also founded Boring Co. to make a joke () about tunnels" he made money on the flamethrowers and the boring company is not a joke.

Elon doesn't think like most normal people, so while he has crazy ideas he is completely serious about them.

[Sam 77]

Back on?

[Ephcc90]

It was always on

[simple26]

What a way to celebrate….
https://twitter.com/elonmusk/status/1585341984679469056?s=61

[TimT]

Nothing but the kitchen sink.

[yos9694]

It's a bathroom sink. Someone trolled the troll

[jj1000]

It's a bathroom sink. Someone trolled the troll

Well he's about to flush out 2/3 of their employees.