Elon Musk says his SpaceX shares would've funded his plan to take Tesla private | Engadget

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Elon Musk says his SpaceX shares would've funded his plan to take Tesla private | Engadget
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Elon Musk says his SpaceX shares would've funded his plan to take Tesla private

The plaintiffs' lawyer also asked Musk what many of us were probably wondering: If the $420 share price in his tweets was made as a joke in reference to marijuana. Apparently, it wasn't a joke, and he chose it"because it reflected about a 20 percent premium on Tesla's stock price." Musk is expected to testify again on Tuesday, so we'll likely hear more details about his failed bid to convert Tesla into a private entity.

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