Quote:
Originally Posted by BooLoo
so the only reason is to not have to disclose their financials every quarter.
That's the first thing the went through my mind as well. That sure would make Elon's life easier. Let's just say I'm skeptical.
Congrats to all the longs though if this goes through. How many of you would take a buyout at $420? I'm having a hard time thinking of who would finance such a deal at what can only be described as an insane valuation. Argue all you want about the potential of Tesla but to value a company that's currently bleeding cash like crazy at $70B is beyond nuts.