Tesla shareholders would have to approve the transaction. It’s an actual public company.
Tesla shareholders would have to approve the transaction. It’s an actual public company.Supposedly, this also saves him from getting margin called if TSLA stock crashes (as it was collateral for the Twitter purchase loan). I don't see how under a normal administration this wouldn't get checked by the SEC, but coincidentally this also happened today: https://www.reuters.com/world/us/us...ing-onboard-doge-staff-email-says-2025-03-28/
I wonder if this will affect Tesla's stock price. What's stopping Musk from selling FSD or Optimus to xAI in the future?
Supposedly, this also saves him from getting margin called if TSLA stock crashes (as it was collateral for the Twitter purchase loan). I don't see how under a normal administration this wouldn't get checked by the SEC, but coincidentally this also happened today: https://www.reuters.com/world/us/us...ing-onboard-doge-staff-email-says-2025-03-28/
I wonder if this will affect Tesla's stock price. What's stopping Musk from selling FSD or Optimus to xAI in the future?
Supposedly, this also saves him from getting margin called if TSLA stock crashes (as it was collateral for the Twitter purchase loan). I don't see how under a normal administration this wouldn't get checked by the SEC, but coincidentally this also happened today: https://www.reuters.com/world/us/us...ing-onboard-doge-staff-email-says-2025-03-28/
I wonder if this will affect Tesla's stock price. What's stopping Musk from selling FSD or Optimus to xAI in the future?
Would shareholders need to approve selling Optimus or FSD? I'm not 100% sure.Tesla shareholders would have to approve the transaction. It’s an actual public company.
But Elon this is what you wanted!
I mean if anyone was still in doubt about which side are the "bad guys" that should clear it up for everyone!
Rich people that moved from California to Boise, or to get around state laws that prevent direct sales to consumers.I shouldn't paint an entire state red, but what's a Tesla showroom doing in Idaho anyway?
Is that what happened to property values there? I was scandalized by the idea that a house in Boise could cost as much as they do.Rich people that moved from California to Boise, or to get around state laws that prevent direct sales to consumers.
A lot of people moved during COVID, and well, supply and demand.Is that what happened to property values there? I was scandalized by the idea that a house in Boise could cost as much as they do.
you're right, but it still can't be a volume market for Tesla.Rich people that moved from California to Boise, or to get around state laws that prevent direct sales to consumers.
I mean, sure, but it's fucking Boise and houses there cost as much as they do in the wider Seattle area (not Seattle proper, of course).A lot of people moved during COVID, and well, supply and demand.
What the hell is xAI?
Musk's xAI buys social media platform X for $45 billion
March 28 (Reuters) - Elon Musk said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including $12 billion debt.
"xAI and X's futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent," Musk said in a post on X, adding that the combined company would be valued at $80 billion.
Thaaaaaat might do itBro loves the letter X.
In fun unrelated trivia, the ASCII code for X is 88.
New prison tattoos incoming.Bro loves the letter X.
In fun unrelated trivia, the ASCII code for X is 88.