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suck my woke dick posted:
By 'loving with the stock price' he materially increased the value of the ~20% of outstanding $tsla shares he owns, which is unlawful
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Aug 25, 2018 22:49
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I'm gonna set up a company dedicated to providing top financial advice to tech millionaires. I'm gonna charge $50000 per consultation and it's just gonna be me emailing them "stop tweeting"
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Aug 25, 2018 22:53
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fishmech posted:Literally the only intent possible was personal gain. Nope. He hates short sellers (and anyone who bets against Tesla/SpaceX), so maybe he wanted to gently caress them over big time. When the opportunity presented itself he jumped on it without consulting the board or the legal team. Aside from that, he has always complained about how shortsighted the stock market is (and he is 100% correct) so he may have acted overeagerly in his (real) desire to take Tesla private.
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Aug 25, 2018 22:54
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Kommienzuspadt posted:By 'loving with the stock price' he materially increased the value of the ~20% of outstanding $tsla shares he owns, which is unlawful The stock went up for two days. Did he sell any then? It's significantly lower now.
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Aug 25, 2018 23:01
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Dylan16807 posted:The stock went up for two days. Did he sell any then? It's significantly lower now. Exactly. If he sold any then he is totally hosed (and should be). If he didn’t though the only thing he is vulnerable to is damages lawsuits from individual investors.
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Aug 25, 2018 23:08
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enraged_camel posted:Nope. He hates short sellers (and anyone who bets against Tesla/SpaceX), so maybe he wanted to gently caress them over big time. When the opportunity presented itself he jumped on it without consulting the board or the legal team. lol, but the stock market is actually way too optimistic about Tesla. It's not like people are being "short-sighted" when they bet against it; they're just the only sane people who realize what a disaster the company is. I'm also not remotely convinced that his desire to go private was motivated by anything other than being angry with short-sellers; if everyone was bullish about Tesla he would have always been fine keeping it public. It's always a mistake to ascribe anything resembling intelligence to Elon Musk. He is a very dumb man, and most of his actions can be understood through that lens.
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Aug 25, 2018 23:09
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enraged_camel posted:Nope. He hates short sellers (and anyone who bets against Tesla/SpaceX), so maybe he wanted to gently caress them over big time. That is literally about personal gain. enraged_camel posted:
That is also literally about personal gain. Do you really not get that?
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Aug 25, 2018 23:11
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Dylan16807 posted:The stock went up for two days. Did he sell any then? It's significantly lower now. doesn't matter. it still counts as bank robbery even if you leave the bank without any money
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Aug 25, 2018 23:17
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luxury handset posted:doesn't matter. it still counts as bank robbery even if you leave the bank without any money fishmech posted:That is literally about personal gain.
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Aug 25, 2018 23:33
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enraged_camel posted:I don’t care about mankind. I actually hope we all die one day soon. You should probably log off and talk to someone buddy.
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Aug 25, 2018 23:39
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enraged_camel posted:Exactly. If he sold any then he is totally hosed (and should be). If he didn’t though the only thing he is vulnerable to is damages lawsuits from individual investors. Dylan16807 posted:The stock went up for two days. Did he sell any then? It's significantly lower now. So you both think that the only possible way that this could have been a crime is if Musk made it all but utterly impossible to refute that he manipulated the stock price for personal financial gain? Are you loving high? 1. Elevated share price keeps the convertible bonds maturing in the next ~6m from requiring cash repayment 2. The release of false MNPI hammered short sellers and materially improved the bull position for the stock by artificially inflating the value of the company 3. The increase in value of the ~20% of outstanding shares that Musk owns both directly increases his net worth as well as gives him more valuable equity that he could have borrowed against Dylan16807 posted:You have to at least try to take the money for it to be robbery. You are definitely high.
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Aug 25, 2018 23:39
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suck my woke dick posted:
It was LSD
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Aug 25, 2018 23:43
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Day Man posted:It was LSD According the 21st century historian Banks, it wasn’t even acid, it was a 50 year old billionaire nerd who just discovered weed.
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Aug 25, 2018 23:46
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Kommienzuspadt posted:So you both think that the only possible way that this could have been a crime is if Musk made it all but utterly impossible to refute that he manipulated the stock price for personal financial gain? Are you loving high? quote:1. Elevated share price keeps the convertible bonds maturing in the next ~6m from requiring cash repayment
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Aug 25, 2018 23:48
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Dylan16807 posted:
You see officer, I just robbed this Burger King for the schadenfreude, the money I temporarily had before you took it from me wasn't personal gain!
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Aug 25, 2018 23:55
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fishmech posted:You see officer, I just robbed this Burger King for the schadenfreude, the money I temporarily had before you took it from me wasn't personal gain! I think the contention is that when you say someone did something "for personal gain" it implies that the key motivation was personal gain, rather than personal gain just being a side-effect (and since I don't think Musk actually sold anything, he didn't actually manage to gain anything*). *just to be clear it's still totally a crime because it hosed over other people who bought/sold as a result of his actions, though
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Aug 26, 2018 00:34
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fishmech posted:Literally the only intent possible was personal gain. you're forgetting the intent of 'i am high as balls lets tweet'
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Aug 26, 2018 00:38
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Ytlaya posted:I think the contention is that when you say someone did something "for personal gain" it implies that the key motivation was personal gain, rather than personal gain just being a side-effect (and since I don't think Musk actually sold anything, he didn't actually manage to gain anything*). Personal gain is his primary goal though. That is who Elon Musk is. evilweasel posted:you're forgetting the intent of 'i am high as balls lets tweet' That's how he's been running his company for a year plus now, so it doesn't change his intention. It's that idiot actor's "the ambien made me racist" poo poo all over again.
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Aug 26, 2018 00:52
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fishmech posted:You see officer, I just robbed this Burger King for the schadenfreude, the money I temporarily had before you took it from me wasn't personal gain! I think the proper analogy is Musk driving his armoured truck through the front door of a Burger King, knocking over all the tables while inside, and using the contents of the cash register to draw a dickbutt on the "employees only" door with dollar bills before going back home. suck my woke dick fucked around with this message at 08:44 on Aug 26, 2018 |
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Aug 26, 2018 08:42
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I CANNOT EJACULATE WITHOUT SEEING NATIVE AMERICANS BRUTALISED!
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You are an idiot who is bad at analogies. If we're going to take this asinine premise, it would be an armed man forcing people to tear up their own money.
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Aug 26, 2018 14:23
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I love that we're in 11th dimensional chess mode about this.
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Aug 26, 2018 14:36
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ITT everybody thinks they’re a lawyer and nobody has read the law
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Aug 26, 2018 14:44
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Tesla has always felt like the next Delorean Motor Conpany and it appears one trillion Internet journalists agree.
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Aug 26, 2018 20:57
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Bobcats posted:Tesla has always felt like the next Delorean Motor Conpany and it appears one trillion Internet journalists agree. Except that the Delorean was a P.O.S. and the Tesla Model S outsold competitors like the Mercedes S Class etc. Still doesn't excuse Musk's stream of fuckups. The board needs to get someone who knows manufacturing into that company.
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Aug 27, 2018 17:27
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Bobcats posted:Tesla has always felt like the next Delorean Motor Conpany and it appears one trillion Internet journalists agree. Delorean actually knew how to build cars and didn't hop in from a completely unrelated industry with grand ideas about doing it which all boiled down to "cut as many corners as possible". When you run things so poorly you have constant fires in your paint shop because its fire sprinklers are caked in paint Good thread: https://twitter.com/SarahTaber_bww/status/1033366531873366017 ryonguy fucked around with this message at 17:31 on Aug 27, 2018 |
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Aug 27, 2018 17:27
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You guys read the UBS teardown of the Tesla 3? It's 
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Aug 27, 2018 17:31
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ryonguy posted:Delorean actually knew how to build cars and didn't hop in from a completely unrelated industry with grand ideas about doing it which all boiled down to "cut as many corners as possible". This post in her thread is nice: https://twitter.com/SarahTaber_bww/status/1033366539326636032
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Aug 27, 2018 18:01
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Captain, Lal has burst into flames. We have lost three decks and Commander Riker.
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Aug 27, 2018 18:27
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Absurd Alhazred posted:This post in her thread is nice: I work in a massive factory and everything she says is correct. Holy poo poo, how can you not have things organized?
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Aug 27, 2018 18:32
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Solkanar512 posted:I work in a massive factory and everything she says is correct. Holy poo poo, how can you not have things organized? ~disrupting~ the fire code!
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Aug 27, 2018 18:37
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Absurd Alhazred posted:This post in her thread is nice: I think she cites yospos in that thread.
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Aug 27, 2018 18:37
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withak posted:I think she cites yospos in that thread. yeah a tesla whistleblower was spilling the beans in yospos a few days ago, guest count went through the roof and richard shamefully did not put up the paywall
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Aug 27, 2018 18:42
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luxury handset posted:yeah a tesla whistleblower was spilling the beans in yospos a few days ago, guest count went through the roof and richard shamefully did not put up the paywall Tweet quoting of YOSPOS starts here: https://twitter.com/atomicthumbs/status/1032939617404645376
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Aug 27, 2018 18:45
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VideoGameVet posted:Except that the Delorean was a P.O.S. and the Tesla Model S outsold competitors like the Mercedes S Class etc. IIRC the DeLorean was a good car on paper but build quality was bad due to huge amounts of cost-cutting?
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Aug 27, 2018 20:01
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Ghost Leviathan posted:IIRC the DeLorean was a good car on paper but build quality was bad due to huge amounts of cost-cutting? It was a rear engine (NOT mid-engine) design with horrid weight distribution (62% rear, about the same as the Corvair), and an underpowered (130hp) Peugeot engine (car weighed 2,844 lbs). My 2000 Toy-Auto Echo has a better power to weight ratio.
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Aug 27, 2018 21:44
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ryonguy posted:Delorean actually knew how to build cars and didn't hop in from a completely unrelated industry with grand ideas about doing it which all boiled down to "cut as many corners as possible". To make it easier to read that longass twitter thread https://threadreaderapp.com/thread/1033366531873366017.html
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Aug 27, 2018 22:30
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VideoGameVet posted:It was a rear engine (NOT mid-engine) design with horrid weight distribution (62% rear, about the same as the Corvair), and an underpowered (130hp) Peugeot engine (car weighed 2,844 lbs). TBF, that sort of power-to-weight ratio wasn’t too bad for the time, there were scads of Cadillacs, Lincolns, trucks, etc. with 160-175hp V8’s trying to drag 5000lbs around, and even the 1980 Corvette only got a ~180hp engine. The 1982 Mustang GT caused the press and enthusiasts to ejaculate all over themselves because it had a 175hp iron V8 in a 3200lb car. WOW! It was a sluggish time, automotively speaking.
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Aug 28, 2018 04:01
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VideoGameVet posted:Still doesn't excuse Musk's stream of fuckups. He needs to be shoved in a locker. Yes, if someone who knew what they are doing was running Tesla it would be almost a good company.
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Aug 28, 2018 04:23
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BlueBlazer posted:He needs to be shoved in a locker. It was kind of neat in the days when someone would complain about something and he would respond with a positive change. That's what people want, not "my sub is feasible here's 15k wasted to show an edge case also gently caress you British diver guys"
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Aug 28, 2018 08:55
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elon should be in a made up executive position to retain his nerd appeal for marketing reasons chief ideas guy director of futurist evangelism principal vision originator
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Aug 28, 2018 10:32
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