TSLA what a joke

Did Elon Musk break any laws with his going-private tweet today?

https://www.marketwatch.com/story/d...with-his-going-private-tweet-today-2018-08-07

 

Stock cannot be a joke!
Market cannot be stupid.
People could be.

We just need to look at things from opportunistic point of view and not negatively.

 

What a showman.
He can talk even sensible people out of their hard earned.
Be wary…………………….…….

 

Why don't they? first time seeing a large stock unavailable in IB

 

The silly money never seems to dry up.
A lot of it went into cryptos. Well it would.

 

Given how erratic and volatile Musk's behavior has been this year, I would not be surprised if he is just messing around, trying to ruin shorts P&Ls. He did say "Am CONSIDERING" after all

 

What legally prevents Musk from saying "we couldn't agree on an interest rate that I thought it made sense so I decided not to move forward"? Anyone know? From my layman's perspective, there is nothing to prevent him to backing out specially considering that he is known to make promises he doesn't deliver on

 

Well, if history is to repeat itself:

"What he dreams of is $70+ billion which would be the largest LBO, ever. BTW - Energy Future Holdings (TXU) was the largest LBO in 2007 for $32 billion plus about $13 billion in assumed debt and declared Chap 11 BK in April 2014. KKR, TPG and Goldman Sachs Group Inc.'s GS 0.81% private-equity arm company have written down nearly all of the $8 billion they originally invested."

 

I agree with everything, but...

TSLA never had a government contract unless some super duper secret ones.... Care to share it?

 

What's to drain?
I just don't get leveraging a co that is losing this kind of money. I don't see the end game to going private.