this post was submitted on 02 Feb 2024
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Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas (www.forbes.com.au)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
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Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas::Billionaire Elon Musk justified the decision on the results of an unscientific poll run on his X account a day earlier.

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[–] homesweethomeMrL@lemmy.world 13 points 2 years ago (1 children)

44 billion.

[–] Red_October@lemmy.world 21 points 2 years ago (1 children)

He bought it at 44 billion. It hasn't technically hit zero yet, last valuation I saw was around 20 billion.

[–] PrinceWith999Enemies@lemmy.world 6 points 2 years ago

Oh no, the last valuation I saw was one of the banks involved marked their investment down by about 80%, and that was before the X rebranding.