There's a lesser known Chinese curse, "may you live in idiotic times".
And truly, we are living through The Age of The Curs'ed.
Of course ... Of course! ...... I'm talking about this.Am considering taking Tesla private at $420. Funding secured.— Elon Musk (@elonmusk) August 7, 2018And let's be clear, it makes no sense. None. Zero. Nil.
It's complete batshit nonsense.
From a financing perspective, from a legal perspective, from a logic perspective.
...MUCH MOREThe actual words in the tweet don't even make sense! How would it be a take-private by Elon if his percentage stake remains the same?
(Welcome to Markets Live, BTW. FT Alphaville's thing with the stuff.)
So ....... what's really going on here?
I don't know! Not a clue! But like everyone else, I can speculate....