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Posts: 152
Judge rules Elon Musk made reckless and inaccurate statements about taking Tesla private -- (link)
Posted by
znufrii
May 11 '22, 11:57
(No message)
https://www.theguardian.com/technology/2022/may/11/elon-musk-twitter-saudi-arabia
(www.theguardian.com)
Responses:
TSLA: −56.83 (7.10%) -- nm
-
Mop
May 11, 12:00
7
How much further does it need to go to f*ck up the financing of his TWTR deal? -- nm
-
znufrii
May 11, 12:04
6
This ruling is likely to tank the price of Tesla stock further as the implication is that it was artificially inflated.
-
Mop
May 11, 12:11
4
Not really. it’s a shareholder lawsuit intending to recoup losses incurred by anyone who traded at the time of his fraudulent statements -- (edited)
-
znufrii
May 11, 12:14
3
Yeah, the current Tesla insane valuation is totally different than this fraud.
-
Will Hunting
May 11, 12:43
2
Right.
-
znufrii
May 11, 12:52
1
Which is of course insane since it jumped 10+% immediately. -- nm
-
Will Hunting
May 11, 12:57
I believe it's getting very close -- nm
-
decline
May 11, 12:05
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