Musk's "privatizing Tesla" speech provoked controversy and was awarded more than $40 million.
Hawk_Finance
2023-08-28 18:16:19
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On August 25, according to media reports, according to court documents filed by the U.S. Securities and Exchange Commission (SEC), some investors in Tesla are expected to recover an average of about 1.$20,000 loss。The incident originated five years ago - on August 7, 2018, Tesla CEO Elon Musk tweeted that he was considering taking Tesla private at a premium price of $420 per share, and that the funds for the privatization had been finalized.。Musk said that at that time, Tesla's shareholders can sell their shares for $420 per share, or they can choose to continue to hold Tesla's stake after Tesla goes private.。At a price of $420 per share, the total consideration given to Tesla by the privatization deal is about $72 billion。A tweet from Musk triggered sharp fluctuations in Tesla's stock price, which closed the day with Tesla shares surging 11% to 379.57 yuan / share。However, the subsequent exposure of the information shows that the funds are not fully implemented, Musk himself knows that the deal is still uncertain。A few days later, Musk went back on his word and gave up privatizing Tesla, a move that caused Tesla's share price to plummet and investors to lose a lot of money.。
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