This is no bluff:
> Investor support is confirmed. Only reason why this is not certain is that it’s contingent on a shareholder vote.
> Investor support is confirmed. Only reason why this is not certain is that it’s contingent on a shareholder vote.
"And yet it also left many questions unanswered, namely how Musk -- who owns almost 20 percent of the company -- would be able to come up with the $66 billion necessary to complete the transaction. At $420 a share, Tesla would have an enterprise value of about $82 billion including debt. To take it private, the billionaire would have to pull off the largest leveraged buyout in history, surpassing Texas electric utility TXU’s in 2007."
$66B is inaccurate, Tesla would only need to buy from the shareholders that wish to sell at $420.