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Articles re Tesla—Fact or Fiction?

Discussion in 'TSLA Investor Discussions' started by Robert.Boston, Mar 10, 2015.

  1. winfield100

    winfield100 Active Member

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  2. LCR1

    LCR1 Active Member

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    For starters you should look at a chart that covers electricity production.
     
  3. winfield100

    winfield100 Active Member

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    @LCR1
    would you be so kind as to post the chart please.
    thank you
     
  4. LCR1

    LCR1 Active Member

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  5. winfield100

    winfield100 Active Member

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  6. sunny-value

    sunny-value Member

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    I can't tell from the filings which part of Goldman Sachs group owns the 1.78 million shares of TSLA. It could be the trading desk or it could be goldman sachs asset management. While I agree w neroden that the prop desk and sell side research are probably meeting up after work for drinks, GSAM is truly independent. It manages money through mutual funds, venture funds, etc. It has an "emerging technology" mutual fund for example. Without knowing more, its hard to do more than speculate.
     
    • Informative x 1
  7. mspohr

    mspohr Well-Known Member

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  8. mongo

    mongo Well-Known Member

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    Here's an interesting (to me) one:
    https://gizmodo.com/tesla-is-blocking-its-employees-from-accessing-an-anony-1835238737
    So there is an anonymous employee complaint site that uses work e-mail address verification to prove employment. Tesla is both blocking the site on its networks and also blocking incoming verification e-mails.
    Gizmodo is claiming this is a bad thing. However, it seems to me that this is well within Tesla's rights as part of controlling use of the company IT resources.
     
    • Disagree x 1
  9. Brando

    Brando Active Member

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    Would you use YOUR company email address to complain - and just how is that anonymous?
    IF you wanted to be anonymous you'd email at least from your home, or better yet a local library.

    As a former network admin. I asked people to NOT shop, NOT do personal banking while at work, NOT use business Email for personal use.
    Just common sense. (and don't print things from the internet)

    What BS. You should have some separation from home life vs work. AND work should be trying to protect computers (and their users).

    PS- Anonymous seems the norm now - seems almost all our "news" comes from anonymous sources.
    Why would anyone give much weight to anonymous? wake up.
     
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  10. mongo

    mongo Well-Known Member

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    The company email part is to prove you work there. I imagine it is only a verifcation number you type into the web site, no identifying information regarding which user you are.
    Once verified, I expect you could use any e-mail or browser.

    So at least the posts cone from random employees vs random non-employees, should help SNR slightly.
     
  11. Brando

    Brando Active Member

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    I know you have a great imagination - sometimes I like to think I do - let us not imagine anymore on this boring topic. :rolleyes:
    PS - knowing who you work for, what kind of work you do might just add to my personal bias and distract for the idea you are presenting.
    So don't distract me needlessly, please. :cool:
     
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  12. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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  13. Electroman

    Electroman Well-Known Member

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    I haven't read that article yet, feeling a little dirty clicking a BI link.... but how did he get 'paid' $2.3B ?
     
  14. JRP3

    JRP3 Hyperactive Member

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    Read it.
     
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  15. winfield100

    winfield100 Active Member

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  16. brian45011

    brian45011 Active Member

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    Corporations have considerable discretion as to what is assumed in applying SEC regs and FASB guidelines:

    The probability of meeting an operational milestone is based on a subjective assessment of our future financial projections. Even though no tranches of the 2018 CEO Performance Award vest unless a market capitalization and a matching operational milestone are both achieved, stock-based compensation expense is recognized only when an operational milestone is considered probable of achievement regardless of how much additional market capitalization must be achieved in order for a tranche to vest. At our current market capitalization, even the first tranche of the 2018 CEO Performance Award will not vest unless our market capitalization were to approximately double from the current level and stay at that increased level for a sustained period of time. Additionally, stock-based compensation represents a non-cash expense and is recorded as a selling, general, and administrative operating expense.
    Market capitalization grows not just by increases in share price but also through follow-on offerings and using shares to acquire other businesses such as Maxwell, Central Valley Auto Transport , Perbix, Grohmann, SCTY, Riviera Tool, etc.
     
  17. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    The market capitalization goals in Musk's "pay plan" are adjusted upwards every time Tesla makes a share-based acquisition or a secondary offering. (Making it harder to reach the goals each time they do that.)
     
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  18. brian45011

    brian45011 Active Member

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    #2158 brian45011, Jun 20, 2019
    Last edited: Jun 20, 2019
    Wrong. There is no provision for adjusting the Market Capitalization criteria for dilutive follow-on ("secondaries" in your argot) offerings.

    The adjustment for acquisitions only applies if the acquisition is over $1 billion:

    V. Milestone Adjustments in the Event of Certain Corporate Transactions
    A.
    Milestone Adjustments for Acquisitions
    1. Upon and effective as of the closing of an Acquisition with a Purchase Price greater than the Transaction Value Threshold, any and all Market Capitalization Milestones that are unachieved as of immediately before the closing of such Acquisition will be increased by the dollar amount equal to the Purchase Price of such Acquisition.
    2. Upon and effective as of the closing of an Acquisition in which the Revenue of Target is greater than the Revenue Threshold, any and all Revenue based Operational Milestones that are unachieved as of immediately before the closing of such Acquisition will be increased by the dollar amount equal to the Revenue of Target applicable to such Acquisition.
    3. Upon and effective as of the closing of an Acquisition in which the EBITDA of Target is greater than the EBITDA Threshold, any and all Adjusted EBITDA based Operational Milestones that are unachieved as of immediately before the closing of such Acquisition will be increased by the dollar amount equal to the EBITDA of Target applicable to such Acquisition.

    “Transaction Value Threshold” means a dollar amount equal to one billion dollars ($1,000,000,000).

    Perhaps read Exhibit A of:
    Proxy Statement
     
  19. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    Ah, I remembered incorrectly. The targets are adjusted for big acquisitions.

    However, for smaller dilution there's two more stockholder protections. The number of shares Musk gets if he achieves the market cap goal is *fixed*.

    So as the stock gets diluted, it gets worth less and less as a percentage of shares outstanding, less in terms of control, less in terms of future earning power. So for instance if he doubled the float by issuing stock, his award would be half as much in percentage terms.

    On top of that, the award is actually options with a strike price around $350. To the extent that dilution lowers the stock price, it lowers his award's value.

    If the market cap is $100 billion and the stock price is below $350 (due to issuing lots of stock), the award is worth nothing. Every stock issuance makes it harder for the award to be worth something.

    It's worthless at this point. He hasn't earned any of it.
     
  20. ggr

    ggr Roadster R80 537, SigS P85 29, M3P 80k

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