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Detailed text transcripts for TV channel - DW - 20180808:14:19:00

because the surge of share is set up the market valuation of the company of course makes it a muscular which he made more than a billion dollars yesterday just like that because he owns about thirty three million shares and they went up thirty seven dollars each so he made a tremendous amount of money but it s just about the same amount of money that short sellers lost those investors that are betting against tesla they lost over a billion and they actually lost over six billion in the last two years iran must must be liking that much more than his own riches of course briefly wouldn t mean is it also quite a bit going private i know why the big. carmaker has done this. i m sure there are lots of advantages as far as the long mosque and his strategy definitely a very ambitious man or if he wanted to from there he held accountable to shareholders and regulated exactly well once you are listed on wall street you are not only accountable but your accountable to your shareholders on

Detailed text transcripts for TV channel - DW - 20180808:13:22:00

joking aside. shares went up quite a bit eleven percent on this announcement that must have made you know muscular money of course it made him a tremendous amount of money he owns thirty three million shares and yes is that they went up eleven percent that was around just about thirty five thirty six dollars so he made a profit yesterday just with that trouble he created there of one point two billion dollars now him personally this is personal profit but what i personally think is even more important to him is not his own profit but the damage he did for our shareholders who sold short short that s of course short selling means that you re betting against a company and of course in short sellers elon musk has an enemy he hates them and there for good reason because test was actually the most shorted company in the history of the stock exchange because it is a company with pretty ludicrous plans for the future so of course there s a lot of doubters out there there s

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