I think to a large extent Elon gets amusement from making waves, even if they have little practical effect on people's lives. Tesla stock is massively overvalued, so I suppose he makes this offer for Twitter, and if its accepted, he sells his Tesla stock before it tanks to make the buy, and he gets a massive bullhorn for his ideas. If…
I think to a large extent Elon gets amusement from making waves, even if they have little practical effect on people's lives. Tesla stock is massively overvalued, so I suppose he makes this offer for Twitter, and if its accepted, he sells his Tesla stock before it tanks to make the buy, and he gets a massive bullhorn for his ideas. If they don't accept, he sells his Twitter shares at a massive profit, which offsets the likely future drop in the Tesla stock. Either way he gets a profitable position, and doesn't look like an ass for selling either stock at a high. A bit of a gamble, but a win for Elon either way.
I think to a large extent Elon gets amusement from making waves, even if they have little practical effect on people's lives. Tesla stock is massively overvalued, so I suppose he makes this offer for Twitter, and if its accepted, he sells his Tesla stock before it tanks to make the buy, and he gets a massive bullhorn for his ideas. If they don't accept, he sells his Twitter shares at a massive profit, which offsets the likely future drop in the Tesla stock. Either way he gets a profitable position, and doesn't look like an ass for selling either stock at a high. A bit of a gamble, but a win for Elon either way.