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- Oct 24, 2020
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What can we expect from Musk next? Will he walk away and sell his shares? My guess is no.
This piece discusses some possibilities. Maybe he'll buy up shares directly from other shareholders through a tender offer or a conditional tender offer (the Elvis song hint from the weekend). Maybe he'll lay out his financing and plans to the board and/or partner with a private equity firm. Maybe he'll sue the board for not acting in the best interests of the shareholders (unlikely, as that would be too drawn out). Maybe he'll just keep pressuring the board (along with other shareholders) with his current offer or a somewhat higher one.
This piece discusses some possibilities. Maybe he'll buy up shares directly from other shareholders through a tender offer or a conditional tender offer (the Elvis song hint from the weekend). Maybe he'll lay out his financing and plans to the board and/or partner with a private equity firm. Maybe he'll sue the board for not acting in the best interests of the shareholders (unlikely, as that would be too drawn out). Maybe he'll just keep pressuring the board (along with other shareholders) with his current offer or a somewhat higher one.