SAN FRANCISCO (AP) — Tesla CEO Elon Musk’s elaboration on his plan to engineer a buyout of the electric car maker could get the Silicon Valley maverick into legal trouble by revealing that the deal is far more uncertain than how he initially described it in his brash tweet last week.
If everything falls into place, Musk plans to buy Tesla from any existing shareholders willing to sell using money raised through Saudi Arabia’s sovereign wealth fund.
Whatever the case, it seems that those selling Tesla short are calling his bet. They seem to be asking and I'm curious too -- why should I believe this man? More important, why is anyone else? And most important, how big will my bill be if Musk goes belly-up in the era of a Donald Trump?