Elon Musk was half right in his comment last week about SoftBank backpedaling on a gas-turbine order
Summary
Recent quarterly earnings from SoftBank shed light on a social media post made by Elon Musk last week regarding a gas-turbine order. The investment firm confirmed that the entrepreneur was largely correct in claiming the company had stepped back from the purchase.
Elon Musk in a social-media post last week said that SoftBank “defaulted” on a gas-turbine order. The truth, revealed Tuesday in the Japanese’s investment company’s second-quarter earnings, wasn’t far off.
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