According to a Tesla shareholder, Musk is driving stock down on purpose since Saudi

[highplainsdem]

Foreign Fund might make a deal with him to take the company private at a lower valuation.

This tweet is from billionaire Tesla investor Leonidas Raisini, whose comments on Musk I've posted about earlier: https://democraticunderground.com/100217476944

Link to tweet

🚨Intel
A Saudi Gov insider just told me that Elon Musk is intentionally driving Tesla’s stock price down because he is discussing a deal with the Saudi Sovereign Fund to take #Tesla private at a lower valuation. The @SECGov should investigate. Can you confirm or deny
@PIF_en?

[intrepidity]

1. You'd think investors might wise up and stop investing in Musk companies

Doing this "deliverately" to two companies in short order might send a signal that Musk is *not* on the side of his investors.

Something something fiduciary responsibility something.

The SEC has been alerted to him plenty already.

[LetMyPeopleVote]

2. Keep offering discounts It won't help @Tesla continues dive

Link to tweet

[Celerity]

3. Sovereign Wealth Funds By Total Assets

https://www.swfinstitute.org/fund-rankings/sovereign-wealth-fund

[dutch777]

4. That would be more than a slap on the wrist from the SEC if that can happens and is provable

Kind of fits in the defrauding investors category assuming Eloon somehow gets extra $$$ out of the deal.

[kentuck]

5. Makes sense.

That would be my guess, also.

[Yavin4]

6. The cheap money era is over and will be for a good long while.

Musk knows that the days of ZIRP, or near ZIRP, are over for at least the next two years or so. Thus, he's going the private route since public funding on the markets will dry up.

[LetMyPeopleVote]

7. From the Hoarse Whisperer

Link to tweet

[icymist]

8. I don't want this a$$hole anywhere near NASA

or anything else connected with our government.

[dalton99a]

9. +1