One can surely not say that Tesla story is not entertaining. Three days after infamous tweet, Musk nor Tesla still didn't provide any details and BOD actually seem to be distancing itself from Musk.
The simplest explanation, based on prior experience is simply that Elon wanted to hurt shorts and went too far. Maybe Tesla will issue 8k clarifying that funding is in the works today after hours? And then after few weeks will say that being public is the best for Tesla anyway because they care about retail investors.
I simply can't get long thesis and I doubt someone will put tens of billions on the table with Tesla financials and signs of weakening demand for M3. But everything is possible and if the deal goes through at 420 I will take my losses with dignity. But I have no doubt that shareholder lawsuits will live long after that and probably harm Tesla and their new owners anyway.
The simplest explanation, based on prior experience is simply that Elon wanted to hurt shorts and went too far. Maybe Tesla will issue 8k clarifying that funding is in the works today after hours? And then after few weeks will say that being public is the best for Tesla anyway because they care about retail investors.
I simply can't get long thesis and I doubt someone will put tens of billions on the table with Tesla financials and signs of weakening demand for M3. But everything is possible and if the deal goes through at 420 I will take my losses with dignity. But I have no doubt that shareholder lawsuits will live long after that and probably harm Tesla and their new owners anyway.
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