They're really going to act outraged cuz Musk rounded from $419 to $420?

I'm expecting that Musk's lawyers would have settled if they'd seen a big problem with fighting this, unless the SEC's settlement was already too draconian.

While the 1 guy says it's an easy case, that's presuming that one of these big-pockets guys we know Musk was talking to didn't make it clear they'd cover going private in some fashion.

Saudi Arabia's Public Investment Fund is sitting on $2 trillion, and already bought 5% of Tesla (& made its first industry loan of $11 billion two weeks ago to signal they're in business for real). Why exactly would $72 billion to take Tesla private be hard to imagine? does it require an official offer from a current stakeholder to make it obvious they might be willing to pony up, or just friendly obvious discussions? plus the followup articles say "the market thinks the deal is overvalued", but they thought that about UAE's purchase of Da Vinci's Salvator Mundi (and there have been plenty of worse tech deals like Microsoft's purchase of Nokia or HP's purchase of Autonomy search that crumbled)

https://www.bloomberg.com/news/articles/2018-08-08/what-now-for-saudi-ar...

Considering how crappy the SEC is already doing at enforcing the market - including Jared Kushner's crap overleveraged buildings and waterfront scams, & various Trump Towers & casinos - they better hope they have their ducks in a row. From my end, I hope they don't.

I also find it funny that short sellers and others can continually misestimate Tesla's fortunes and lie about various things, and Musk has to take that, but they're all over this. He's made big progress with his Gigafactories for batteries, he's come up with new dash controls & has a new extensive Version 9 software release about out, he's come up with a new faster home delivery method to improve total sales, opening up new sales in Europe & Australia, et al - Musk is willing to experiment to make things happen.

https://arstechnica.com/cars/2018/09/panasonic-completing-3-new-cell-pro...
https://electrek.co/2018/09/27/tesla-autopilot-version-9-mad-max-mode-na...
https://electrek.co/2018/09/25/tesla-model-3-production-european-expansion/

Waiting for fairly important end-of-quarter production figures on Monday - Bloomberg's claiming production's fallen from 5K to 2K per week for most of September rather than rising towards 6K.

Wired notes the SEC's silliness - well, silly if it weren't so goddamn awful.

No problem banks selling toxic assets and robocalling mortgage repossessions, cheating millions.
Enron was cheating Aunt Millies for years with impunity until it crashed & burned, cheating millions.
Theranos faked its results for years to investors.
Pharmaceutical companies that boost price for drugs in short supply by 400%.
Insurance companies that have codified ways of avoiding paying out to customers.
Trump selling shell companies and buildings/casinos designed to go bankrupt at a profit.
Amazon didn't defraud anyone, but largely profitless for 1 1/2 decades, taking market share instead of profit.
The list of corporate theft & overreach and bogus claims are legion.

What's Musk's egregious crime of vanity? selling more than 4 times the electric cars of its closest competitor, cars that get *EXCELLENT* reviews while falling in the lower affordable range for luxury cars.
Finally reaching his overstretch quarterly production targets after amazing refitting his factories -
factories that use 1/3-1/4 of the steps that his competitors do,
a Gigafactory that will have the largest factory solar installation in the world,
a network of charging stations in US & Europe to make electric cars practical,
new models of electric delivery trucks for UPS/DHL, and major progress on totally autopilot vehicles
 - currently launching an employee participation plan on long-haul tests to get more feedback.
Meanwhile there's heavy pressure to unionize Tesla because its a car company
(despite the disaster legacy union payouts signal for GM et al, and the inability to unionize Amazon et al).