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May 1, 2020 18:04
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calling it now: he had the galaxy brain plan to short his own stocks for temporary cash after which he'll go 'lol jk' in like a week and dare the sec to do anything about it
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May 1, 2020 18:20
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The_Franz posted:someone is going to get a another visit from the sec lol no
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May 1, 2020 18:27
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Hello Mr. Musk, we down at the SEC took a donation and brought you a fruit basket in your time of need.
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May 1, 2020 18:39
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PIZZA.BAT posted:calling it now: he had the galaxy brain plan to short his own stocks for temporary cash after which he'll go 'lol jk' in like a week and dare the sec to do anything about it I’ll sign on to this
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May 1, 2020 18:48
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if he shorted his own company and made that tweet it is like the most ridiculously clear example of market manipulation possible and the sec would have no choice but to go after him also if he has existing shares pledged as collateral to guarantee his personal loans, the short succeeding would cause him to get margin called and probably wipe out all the gains he otherwise might have gotten
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May 1, 2020 18:56
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DELETE CASCADE posted:if he shorted his own company and made that tweet it is like the most ridiculously clear example of market manipulation possible and the sec would have no choice but to go after him just quoting for posterity
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May 1, 2020 18:57
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DELETE CASCADE posted:if he shorted his own company and made that tweet it is like the most ridiculously clear example of market manipulation possible and the sec would have no choice but to go after him every law enforcement and judicial entity always has a choice to act.
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May 1, 2020 19:00
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DELETE CASCADE posted:if he shorted his own company and made that tweet it is like the most ridiculously clear example of market manipulation possible and the sec would have no choice but to go after him Remember when they went after the banks after 2008? Me neither.
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May 1, 2020 19:01
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MARGIN CALL MARGIN CALL MARGIN CALL
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May 1, 2020 19:03
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iospace posted:Remember when they went after the banks after 2008? Me neither. Musk: too high to fail??
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May 1, 2020 19:06
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His margin calls are much lower than the current stock price (at least that's the Internet consensus on them, I don't think it's publicly known), he can afford to make number go down
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May 1, 2020 19:20
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gotta say, i'm surprised the lawyer reviewing elon's tweets let those go through
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May 1, 2020 19:24
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quote:https://www.ft.com/content/90eca82e-498e-4145-91a7-6b19cfe49170 why is the second question one you could even have to ask?
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May 1, 2020 19:28
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Pinterest Mom posted:gotta say, i'm surprised the lawyer reviewing elon's tweets let those go through 
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May 1, 2020 19:29
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DELETE CASCADE posted:if he shorted his own company and made that tweet it is like the most ridiculously clear example of market manipulation possible and the sec would have no choice but to go after him darkly lmaoing
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May 1, 2020 19:38
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https://twitter.com/spookperson/status/1256290610996146178
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May 1, 2020 19:39
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gschmidl posted:Is there anything to all of this? Yes, but in the now-common “this should raise red flags if you know finance and accounting” way, not in the “this will get the feds to do something” way. US GAAP does require you to do business segment reporting (as well as disaggregating revenue by geography, when significant) that Tesla probably isn’t doing right, but the rules for that are a bit subjective. That subjectivity is necessary when you’re setting accounting rules for all types of business, but in practice the authorities aren’t going to do anything unless something is far more flagrantly wrong, andsomething else has already happened to lose someone important a bunch of money, and they’re looking to drop the hammer after the fact. So it’s another small puff of smoke coming out of the accounting and finance department at Tesla, but smoke has been billowing out of there for years and it hasn’t mattered so none of this will matter either.
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May 1, 2020 19:43
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May 1, 2020 20:11
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spacex is the best one of elon's products and it's because it's where he has the least involvement. tom mueller is an actual genius rocket scientist and gwynne shotwell is good at keeping elon out. (also they're like 80% funded by nasa so lol)
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May 1, 2020 20:39
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Sagebrush posted:But... rocket go brrrrrr
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May 1, 2020 20:45
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it is not elon stanning to agree that spacex's vertical return system is a seriously impressive piece of technology. it's not elon stanning because he had nothing to do with it.
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May 1, 2020 20:53
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https://twitter.com/luigi_ebooks/status/1256297047562559489?s=20
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May 1, 2020 21:09
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lol he’s such a dumbest petty tyrant https://www.theverge.com/2020/5/1/21244556/elon-musk-lie-epa-tesla-model-s-range-miles-mistake-door
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May 1, 2020 21:21
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https://twitter.com/TradeLikeElvis/status/1256241673425817602?s=20 oh yes, it keeps getting better
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May 1, 2020 21:40
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Bulgakov posted:lol he’s such a dumbest petty tyrant now that it’s impossible to get in actual trouble for lying, even if it’s a crime, elon and trump will be remembered as innovators of post-reality leadership
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May 1, 2020 21:42
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The_Franz posted:https://twitter.com/TradeLikeElvis/status/1256241673425817602?s=20 No, Captain of Industry what're you doing, baby?
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May 1, 2020 21:48
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Is...is that really the kid's name?
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May 1, 2020 22:04
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Sagebrush posted:spacex is the best one of elon's products and it's because it's where he has the least involvement. tom mueller is an actual genius rocket scientist and gwynne shotwell is good at keeping elon out. and the other 20% is the Air Force?
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May 1, 2020 22:06
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CampingCarl posted:Is...is that really the kid's name? Not yet known.
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May 1, 2020 22:08
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Arcteryx Anarchist posted:and the other 20% is the Air Force? They actually have private investors. Also tellingly, their books are private, so we can't see how much starlink or the water tower is costing them, plus what they're getting robbed to keep Tesla afloat.
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May 1, 2020 22:08
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emoji rand musk
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May 1, 2020 22:13
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iospace posted:They actually have private investors. the water tower is a good investment because it keeps musk busy with something so he doesn't gently caress up the actual rocket science.
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May 2, 2020 02:40
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goddamn, how is the board of directors not firing this guy?
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May 2, 2020 03:36
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for the love of the car
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May 2, 2020 03:42
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imagine being a tesla employee, just an ordinary engineer, watching your unvested stock drop in value by 10% because Elon is high and tweeting. Monday morning, how excited are you about getting some work done?
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May 2, 2020 03:42
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The Management posted:goddamn, how is the board of directors not firing this guy? like, over this, specifically? 'cause i think you could have posted that three or four times a year for the last five or so years
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May 2, 2020 03:53
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The Management posted:goddamn, how is the board of directors not firing this guy? he is basically holding the stock price hostage. people buy the stock because they think mister pickle rick science man is a Genious
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May 2, 2020 03:55
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The Management posted:imagine being a tesla employee, just an ordinary engineer, watching your unvested stock drop in value by 10% because Elon is high and tweeting. Monday morning, how excited are you about getting some work done? just another manic muskday
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May 2, 2020 04:01
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The Management posted:imagine being a tesla employee, just an ordinary engineer, watching your unvested stock drop in value by 10% because Elon is high and tweeting. Monday morning, how excited are you about getting some work done? they're all true believers
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May 2, 2020 05:15
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