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Except he actually did consider it and negotiated with investors. How is it fraught when you investigate a business opportunity?

So many salty shorts itt.



"Funding secured" it not exactly the same as "will negotiate with investors", is it?


Maybe he did. But a letter of intent isn’t the same as a contract. Yet it warrants the statement “funding secured”.


Maybe he did... What we know for sure is that he settled with the SEC and that a court ruled recently that there was nothing concrete and that it was inaccurate to say so.

"No reasonable jury could find that Mr. Musk did not act recklessly given his clear knowledge of the discussions."

"There had been no discussion about what the purchase price would be for a share of stock. Nor had there been any discussion about what percentage of the company the PIF would own or the total amount of money the PIF would contribute."

What we don't know yet is how much damages he will be told to pay.

https://www.reuters.com/business/autos-transportation/court-...


“act recklessly”? So what’s fraught about that?


> Except he actually did consider it and negotiated with investors. How is it fraught when you investigate a business opportunity?

Even if what said was 'truthful', he would have filed is intentions with the SEC to begin with but didn't. Actions speak louder than words and he still hasn't done anything to take Tesla private after paying for the charges.

> So many salty shorts itt.

Shorted what? Yeah I shorted NKLA [0], and told everyone to do so in the open and laughed all the way to the bank.

[0] https://news.ycombinator.com/item?id=27996773




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