The Soapbox

Joined: 01/04/2001 Posts: 9165
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Elon Musk just got exactly what he wanted, a shareholder suit to stop ...

the sale. He's been playing everyone on this. He got the lefties to go ape that he'd buy it and let all the banned MAGAts back and he got the righties to go ape because "he's gonna pwn the libz once he owns Twitter". What he's really getting is what he wanted all along, the chance to sell off a lot of his Tesla stock without tanking the price. The other day there was an item that he was recruiting big investors to loan him the money. Why does he need investors or a loan? And if these people have all that money lying around, why don't they use it to buy their own piece of Twitter? He's been waiting for this moment and the Orlando police pension fund just gave it to him. He gets to keep selling off Tesla stock "so he can assemble his financing for Twitter"

[Post edited by HowieT3 at 05/06/2022 9:35PM]

Link: and the price doesn't go down so much.

Posted: 05/06/2022 at 8:36PM

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Current Thread:

Elon Musk just got exactly what he wanted, a shareholder suit to stop ... -- HowieT3 05/06/2022 8:36PM

Speaking of Tesla. They are covering costs for female employees who need -- Seattle .Hoo 05/06/2022 11:55PM

He's a tech libertarian. He also wants end-to-end encryption on texts, ... -- HowieT3 05/07/2022 10:45AM

Texas can't make that rule...... -- Zhoo 05/07/2022 08:45AM

Watch them ** -- WaxHoo 05/07/2022 09:39AM

They will and it will get struck down -- Zhoo 05/07/2022 09:57AM

Vigilante laws are probably unconstitutional also. But here we are. ** -- Seattle .Hoo 05/07/2022 12:58PM

That quaint notion won’t even slow them down. They have no regard for -- WaxHoo 05/07/2022 11:21AM

Exactky, plus it impedes interstate commerce (:>) ** -- VaTechie 05/07/2022 11:06AM

Buh I'm so confused - I thought we were getting Elon now?!?!? ** -- ResistHoo 05/07/2022 06:52AM

Pic -- ryno hoo 05/07/2022 07:04AM

Some privacy. But cheaper than maternity leave. Bless their hearts. ** -- ryno hoo 05/06/2022 11:57PM

Wow, he sounds like a genius. ** -- psychobilly 05/06/2022 10:05PM

You don't get to a net worth of a quarter of a trillion by being an idiot. ** -- BocaHoo91 05/06/2022 10:47PM

This is too confusing. Elon, just let me have free speech on Twitter. -- ryno hoo 05/06/2022 9:48PM

The disinformation police already have you in their sights, Russian bot. ** -- HowieT3 05/06/2022 9:56PM

Pic -- ryno hoo 05/06/2022 10:02PM

Ha Ha ha Rightie attempt at humor. We're not laughing with you. -- HowieT3 05/06/2022 10:18PM

Majority Rulz, not whiny minorities. ** -- Style Lady 05/06/2022 9:34PM

A Republican POTUS candidate has won the popular vote exactly once -- SixerHoo 05/07/2022 08:53AM

Have you been paying any attention to who the majority is on almost -- 111Balz 05/07/2022 06:58AM

Except for gerrymandering, the electoral college, the U.S. Senate, the -- Hoo TV 05/06/2022 9:48PM

Tone deaf. LOL! ** -- Seattle .Hoo 05/06/2022 9:47PM

Every buyout in the history of buyouts has faced a -- BocaHoo91 05/06/2022 9:23PM

That's true. And he was literally banking on that happening with this ... -- HowieT3 05/06/2022 9:33PM

Doesn’t seem like the market is pricing -- BocaHoo91 05/06/2022 9:42PM

Is it normal for the stock to continue to trade about $5 less than his bid? -- HooAskedYou 05/06/2022 10:42PM

The way I think about it is the stock probably drops to $30 if the deal -- BocaHoo91 05/06/2022 10:46PM

What can the Market do about it with the level of uncertainty ... -- HowieT3 05/06/2022 9:55PM

Well if there was a high level of uncertainty, I don't think the stock -- BocaHoo91 05/06/2022 10:43PM

He is getting a huge tax write off from his stock sale -- Zhoo 05/06/2022 8:59PM

That doesn’t sound right. If he exercised to buy -- BocaHoo91 05/06/2022 9:22PM

An article about it -- Zhoo 05/07/2022 08:56AM

OK. but he paid taxes on the value between $1000 and $6.24. -- BocaHoo91 05/07/2022 09:13AM

Meant to say write off that one time -- Zhoo 05/07/2022 10:11AM

Right, but paying taxes on an unrealized $993.75 gain from $6.25 to $1,000 -- BocaHoo91 05/07/2022 11:09AM

He already paid taxes when he exercised his options -- Zhoo 05/07/2022 08:54AM

But he paid taxes on the $1000 vs. $6.25. Why would his basis -- BocaHoo91 05/07/2022 09:16AM

That was not just wrong; but dumb. I -- HokieDelNorte 05/06/2022 10:37PM

Even better. He's reached an unprecedented of level on the egotism scale. -- HowieT3 05/06/2022 9:04PM

Lefties created him by buying EVs ** -- Zhoo 05/06/2022 9:06PM

...and the GOVCO subsidies also with a nice assist ** -- Tuckahokie 05/06/2022 10:00PM

Then Amber Heard shaped him into the stable genius he is today ** -- LonghornHokie 05/06/2022 10:13PM

But righties can get in on the action by buying F-150 Lightnings. ** -- HowieT3 05/06/2022 9:09PM