BenFiasco14 said:
I barely understand what's going on anymore but this has been one of the more entertaining things in awhile.
Next steps are one of these:
1) The board outright rejects the offer, and Musk and at least one friend files a shareholder derivative lawsuit, saying that the board is not acting in the best interests of the shareholders.
2) The board puts the offer to a vote. The side with the most shares win. Likely, the offer is accepted.
3) Soros and Vanguard make a competing offer, and Musk makes a ton of money on his 9% holdings.
4) The FBI and CIA raid the offices of Tesla in California and Austin, coming up with evidence that Musk did all kinds of bad things, including manipulate the market, defraud Tesla shareholders, and have sex with underage girls that he is related to. The board rejects the offer due to the controversy. Biden pens an executive order that Tesla is no longer eligible for any tax breaks from the USG. Musk buys Thailand, and moves all Tesla manufacturing there.
Unfortunately, I think the odds of all four of these are about the same.