Elon Musk justifies his 'funding secured' tweet with a bizarre real estate analogy
How do you know when a "handshake" deal is a done deal? Elon Musk has an analogy for that. On the witness stand Monday as he defended his Tesla take-private tweets from 2018, Musk explained: If a bank tells you they'll support your desire to buy a house, and you then agree to buy a house, the bank will give you a mortgage as a matter of course. "You still do that paperwork to do the ...
by Russ Mitchell, Los Angeles Times
Jan 23, 2023
2 minutes
How do you know when a "handshake" deal is a done deal?
Elon Musk has an analogy for that.
On the witness stand Monday as he from 2018, Musk explained: If a bank tells you they'll support your desire to buy a house, and you then agree to buy a house, the bank will give you a mortgage as a matter of course. "You
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