Recent content by RiverCard

Then maybe start selling shares and buying convertible notes at these levels. Upside opportunity with downside protection unless the bad happens.

From a Balance Sheet risk perspective, the parabolic share price action on the way up acted as an accelerant since it meant the convertible notes could be settled with shares, rather than cash (which is eternally king). Conversely, on the other side of the parabola as the share price declines...

There are two necessary components to the options vesting: 1. Market Cap related 2. Operational performance related (i.e. Revenue and adjusted EBITDA). GAAP earnings are hit with stock comp only when the second component (operational performance) is met, even if the market cap component is...

Good guess. If litigation ensues, Tesla might "beat the rap but not the ride." The ride (cost of defense) can get expensive both to pay the lawyers and because of the diversion of management time to help in the defense. I'm not predicting anything, other than suggesting that hubris that one...

"Negligence due to the violation of a law meant to protect the public, such as a speed limit or building code. Unlike ordinary negligence, a plaintiff alleging negligence per se need not prove that a reasonable person should have acted differently -- the conduct is automatically considered...

It depends: Is Your Business Insured for the Coronavirus? | JD Supra Fremont is situated on the northern end of a known fault line so maybe the internal risk managers set up some kind of program.

A bigger concern might be legal liability. If refusing to comply with a county's order to shut down temporarily constitutes negligence per se, all an injured party would only have to prove is damages (medical expenses, mental anguish, etc. related to contracting the virus) and that the refusal...

Perhaps a round figure aversion about dilution? The 2021 convertible notes ($1.38 billion) are redeemable at $359.87/share. The 2022 convertible notes ($0.978 billion) are redeemable at $327.50/share. The 2024 convertible notes ($1.480 billion) are redeemable at $309.83/share. The strike price...

What about Panasonics leverage at GF-2?

Reminiscent of the 2013 Battery Swap (aka "fast or free") video when the Audi took longer to re-fuel than it took to swap battery packs.

Why build cars for inventory if orders exceed production capability?

Gary is hustling, an order of magnitude of advanced Boring.

So true. Those totalitarian regimes have got it all figured out. Hopefully, the next administration will exempt the new GF here from that pesky EIS and waive OSHA obstructions.

Wasn't GM about 18% in the most recent quarter? Is ARK's gross margin study available somewhere to read?

How does this apply to either Maxwell or Panasonic who manufacture goods rather than selling software services on a subscription plan?