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Cake day: June 12th, 2023

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  • ok, so that described strategy sounds almost like something that should be illegal. in fact it sounds very similarly to lot of stories that were happening here in central europe after fall of communism, when the state-owned companies were changing ownership and ending up in personal hands. lot of these stories did not end up well.

    but no matter what, that strategy only covered part of the acquisition price, even according to these articles, so that is still not a reason for musk to intentionally drive the company into the ground.