By paying a 20% premium he's ensuring that the short sellers will need to buy sh... | Hacker News

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aembleton on Aug 7, 2018 | parent | context | favorite | on: Taking Tesla Private

By paying a 20% premium he's ensuring that the short sellers will need to buy shares at the premium price guaranteeing that they've lost at least 20% of what they've gambled.

jonknee on Aug 7, 2018 [–]

Ah yes, overpay so you can stick it to the big mean short sellers. Might as well go for 50% premium with that logic!

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