Hard to really know the facts, but things may not be as they appear. In this case however, he has filed the SEC docs to verify that funding is secured.
The people Musk said he had funding secured from for taking Tesla private immediately denied it. To the point of saying they’d only had a single conversation with him, and never discussed price
Can you tell us more about the detailed internal discussions that happened between Musk and N other parties concerning possible funding for taking Tesla private? You seem to be an authority on the subject.
“It turned out that he had had a single casual conversation with representatives of a Saudi sovereign wealth fund in which they did not discuss the price of the deal or how much money the Saudis were willing to invest; ultimately Musk settled fraud charges with the Securities and Exchange Commission over this tweet.”
