Not sure about that! If they devalue the stock if Musk buys more, would that be in their best interest? Theyβre all about making money, not losing it.
The shareholders can decide whether they want to earn less/earlier or more/later.
It's up to each shareholder if they believe certain decision is right for the business or not. Sometimes the decision that seems to be wrong short term is good long term. It happens all the time.
I'm not saying in this case it's be wrong decision but it's not always about the instant cash in. They may dream to sell it in 3 years for 5x and that's how they can justify their decision (which effectively means: always "No", no matter what price is being offered, they can replace 5x with 10x, rinse and repeat).
We need to learn and notic that the whole thing is a set up and a distraction. These guys are all shareholders at Tesla. They could discuss this acquisition hundred times already. They know each other very well. They don't have to talk on Twitter. It's a theatre for this who wanna get distracted.
Not sure about that! If they devalue the stock if Musk buys more, would that be in their best interest? Theyβre all about making money, not losing it.
Yes and no.
They're about money. Yes.
The shareholders can decide whether they want to earn less/earlier or more/later.
It's up to each shareholder if they believe certain decision is right for the business or not. Sometimes the decision that seems to be wrong short term is good long term. It happens all the time.
I'm not saying in this case it's be wrong decision but it's not always about the instant cash in. They may dream to sell it in 3 years for 5x and that's how they can justify their decision (which effectively means: always "No", no matter what price is being offered, they can replace 5x with 10x, rinse and repeat).
We need to learn and notic that the whole thing is a set up and a distraction. These guys are all shareholders at Tesla. They could discuss this acquisition hundred times already. They know each other very well. They don't have to talk on Twitter. It's a theatre for this who wanna get distracted.