I’ll just leave this here,
First no sleep, now no nookie…
First Grimes leaving him, now the Saudi Sovereign Fund PIF is looking to jump ship to Lucid.
PIF and Lucid Motors have drawn up a term sheet under which PIF could invest more than $1 billion in Lucid Motors and obtain majority ownership, the sources said. PIF’s first investment in Lucid Motors, however, would be for $500 million, and subsequent cash injections would come in two stages that are contingent on Lucid Motors hitting certain production milestones, one of the sources added.
The fanbois found their scapegoat. It’s surely not Musk’s fault…
Man this has been a pretty bad month for Musk. I’m starting to feel bad for the guy.
Investors betting on a fall in Tesla’s share price have made $1.09bn since 7 August when Tesla founder Elon Musk tweeted he had “secured” funding to take the troubled company private.
4300 of 5,000 cars needed reworked…ONLY 700 cars were good on first pass…700!
Those must have been some really big issues to be fixed if that one Model 3 posted earlier passed QA with a incorrect colored door panel.
Not to mention, people are still complaining they have to have their cars repaired immediately after delivery. Paint runs, panel gaps, cracked glass, etc…
The rework department mustn’t be working too hard.
Must be frustrating to plop down a good amount of money and wait numerous months to be greeted with a vehicle that Telsa was willing to release to you but needs work right off the bat.
The world’s largest wealth fund is not interested in Tesla. The reason?
“We want to be invested in companies that make money.”
That makes me hold on to hope that the Yugoslavians will next revive the Yugo as a BEV
Maybe they’ll sell it for $3,999!
Russians be trolling, that’s what they are pretty good at.
Musk be trolling too.
HEY WE’RE GOING PRIVATE FOR $420 LOL WEED JOKES turns into “just kidding we’re staying public.”
The SEC is going to have a field day with this. More than likely he’ll just get a slap on the wrist because he’s rich and white but you never know.
In other words, funding wasn’t as secure as Lord Elon made it out to be.
The Saudis must have thought - nah we are good with investing in oil for the next 100 years. Funding cancelled.
Tesla can fly!
Impressive for a 5k lb car.