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Zamujasa posted:sell low, buy high
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Aug 7, 2018 19:30
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ole musky on the receiving end of secs crime allegation
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Aug 7, 2018 19:35
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https://seekingalpha.com/news/3379457-tesla-trading-halted-live-updates in case you want live updates so far.. quote:Shares of Tesla (NASDAQ:TSLA) have been halted by the Nasdaq with news pending.
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Aug 7, 2018 19:38
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also apparently the social media announcement thing has come up previously with netflix and a facebook post. the SEC "investigated" and said "well if you're going to announce critical stuff on social media you have to alert people before hand through normal channels" its doubtful anything will happen - the requirement is that these things are communicated to the public without restrictions, good luck convincing a jury that a tweet doesn't count for that
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Aug 7, 2018 19:40
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good luck convincing a jury that rich white dude who calls himself humanitarian did anything wrong
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Aug 7, 2018 19:42
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so he’s actually doing a star citizen thing
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Aug 7, 2018 19:42
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rather than leave kickstarter and letting desperate random people give you money on your private website he’s instead taking it off nasdaq and doing the same
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Aug 7, 2018 19:44
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does it seem fair to $TSLA investors that they will (assuming Elon is not lying) let them either sell their stake at a ~20% premium or just give up on the scrutiny applied to public companies?
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Aug 7, 2018 19:47
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presumably thats why there'd be such a huge premium
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Aug 7, 2018 19:48
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Cat Face Joe posted:there's that musky genius at work oh, cool. what're you up to?
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Aug 7, 2018 19:51
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i guess by selling to saudis, they can point at the non-unionized workers and say "see? at least we are not using slave labor here!"
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Aug 7, 2018 19:53
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hobbesmaster posted:presumably thats why there'd be such a huge premium if it's the saudi wealth fund that's putting up the money to make this happen, musk may have found people with the patience (and possibly several other qualities) necessary to keep tesla going for his lifetime is there a term for this? despite the similarity it's not "failing upwards"
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Aug 7, 2018 19:54
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MACREAM massive accumulations (of) capital rule everything around me
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Aug 7, 2018 19:55
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why does a petrostate want to sell electric cars or do they just plan to buy the ip and bury it
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Aug 7, 2018 19:55
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flakeloaf posted:why does a petrostate want to sell electric cars the dynastic petrostates know that their future revolves around not oil, so they come up with all these crazy ideas to make the middle east a "tourist area' or trade area or something, anything else by building dumb poo poo
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Aug 7, 2018 20:00
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petrostate wealth fund is way way way beyond "gently caress you money", "gently caress this company money", or "gently caress this middling nation-state money". it's "gently caress the world money"
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Aug 7, 2018 20:00
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hobbesmaster posted:the dynastic petrostates know that their future revolves around not oil, so they come up with all these crazy ideas to make the middle east a "tourist area' or trade area or something, anything else by building dumb poo poo and by occasionally threatening to fly planes into civilian population centres
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Aug 7, 2018 20:02
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just spitballin' here but galaxy brain: SEC can't follow up on a whistleblower tip if company goes private?? https://www.washingtonpost.com/tech...ower-complaint/ Could be a good way to get rid of the (permanent) reputational risk to the tesla brand e: not like the SEC ever wants to follow up on those tips / they have recently changed policy to encourage ratting on smaller companies and discourage ratting on larger ones
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Aug 7, 2018 20:04
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i mean its a cult after all
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Aug 7, 2018 20:07
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Tesla probably should be private at this point, so if they actually have the funding, good on them
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Aug 7, 2018 20:09
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https://www.tesla.com/blog/taking-tesla-private
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Aug 7, 2018 20:36
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like, generally speaking, he's right in that being subject to the whims of rando stupid shareholders can wreak havoc
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Aug 7, 2018 20:38
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No more public scrutiny of Tesla’s creative accounting practices.
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Aug 7, 2018 20:41
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I just followed a shiny new model 3 for a while One of its tail lights was out the tail lights are LED units, not incandescent bulbs that burn out Gg
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Aug 7, 2018 20:42
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Where did they get the money to go private they have too much debt
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Aug 7, 2018 20:44
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Suspicious Dish posted:Where did they get the money to go private they have too much debt just erase the negative sign. boom. makin' it rain.
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Aug 7, 2018 20:46
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Suspicious Dish posted:Where did they get the money to go private they have too much debt
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Aug 7, 2018 20:46
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Suspicious Dish posted:Where did they get the money to go private they have too much debt saudis
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Aug 7, 2018 20:47
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asparagus staging is ridiculously hard and probably not worthwhile irl
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Aug 7, 2018 20:49
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lmao https://twitter.com/cnbc/status/1026915631168249856?s=21
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Aug 7, 2018 20:50
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gently caress. already gone.
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Aug 7, 2018 20:53
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https://twitter.com/CNBC/status/1026918153467699200
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Aug 7, 2018 20:55
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i want to believe (but i don't)
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Aug 7, 2018 20:56
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flakeloaf posted:why does a petrostate want to sell electric cars that would only be effective if literally any other ev was using teslas ip
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Aug 7, 2018 20:56
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dang if only shareholders hadn't held elon to his promise they'd be producing 5000 cars a week, they wouldn't have had to make a whole bunch of broken cars for the junklot!
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Aug 7, 2018 20:57
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hobbesmaster posted:saudis Saudis are exactly the kind of people rich and dumb enough to dump 70 billion into the Tesla trash fire.
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Aug 7, 2018 20:58
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is the saudi theory just speculation right now?
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Aug 7, 2018 21:06
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Saudi definitely invested like 2 bill, that was announced this morning
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Aug 7, 2018 21:10
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oh my god i finally checked my personal email and saw the headline lmaooooooooo
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Aug 7, 2018 21:17
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wyoak posted:Saudi definitely invested like 2 bill, that was announced this morning Yeah but the buyback would require 53bil and I don't think even the Saudis are that big of idiots
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Aug 7, 2018 21:19
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