Westworld.Wait wait wait--what?! There are places where it's legal to do crystal meth and kill hookers?
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Westworld.Wait wait wait--what?! There are places where it's legal to do crystal meth and kill hookers?
On another chat board I'm on a lot of people are saying that Musk appears to be having a nervous breakdown. The Twitter/pedophile thing seems to be a big deal. Since I don't pay attention to the news (sensationalism, yellow journalism, and distortions when it's not outright lies) and I don't use Twitter, really the only things I know about Musk are that my car is the best car I've ever owned, and SpaceX regularly sends rocket to the ISS. I didn't even know that he took a puff of pot on a podcast. (I voted for legalization, though I don't care for it myself.)
If Musk did call someone a pedophile without solid evidence, I think that was very bad judgement. Especially since the guy is apparently regarded as a hero for his part in rescuing those kids.
What I come away with after reading about the last two pages of this thread is that @Krugerrand has the best avatar ever.
If Musk did call someone a pedophile without solid evidence, I think that was very bad judgement. Especially since the guy is apparently regarded as a hero for his part in rescuing those kids.
That’s like saying Chris Christie is a hero for rescuing those donuts...
You’re being scammed by the media too. And archaic thought processes. Do you also still think EVs are nothing more than glorified golf carts that you can only go two miles at 6mph and take four days to recharge?
News flash for everyone: Elon doesn’t always play by the rules. Surprise!
Yes, calling someone a pedo with zero evidence would be troubling if there was zero evidence.... however, Elon quadrupled down on it and called him a child rapist in private email correct? this is why I think there is at least a significant reputation.He played an intricate part of the early phases of the rescue so he's viewed as part of the team even though he wasn't a diver himself.
It doesn't really matter if he was a hero or not it's still completely unacceptable for someone in a position of power like Musk to call someone a pedo with ZERO evidence.
I'm curious about why you chose to go down this path?
I wasn't insisting that Elon played by the rules, but that some rules he has to follow. Where I questioned his sanity because he seems to have lost track of the line between rules he has to follow, and rules he's free to break.
The "funding secured" tweet is an obvious example of an SEC rule he may have broken.
The pedo insult was also another rule that he broke. The whole not defaming someone.
Both of those things have cost Tesla a lot of money, and have damaged Elon's credibility.
Instead of actually addressing those things you decided to accuse me of being scammed by the media, and thinking EV's are nothing more than glorified golf carts. But, you know I'm a Tesla owner and you've likely seen my posts hundreds of times. You should have a pretty good idea now of where I'm coming from on any Tesla related topic.
I think my problem with this is that they haven't cost Tesla any money as far as I can tell. They've made the stock price drop, which has cost shareholders money if they cashed out. It has taken a hit on Elon's net wealth. If they were considering a secondary offering, it may have caused issues with that kind of capital increase. However, that's not on the table as far as I can tell.Both of those things have cost Tesla a lot of money
I think my problem with this is that they haven't cost Tesla any money as far as I can tell. They've made the stock price drop, which has cost shareholders money if they cashed out. It has taken a hit on Elon's net wealth. If they were considering a secondary offering, it may have caused issues with that kind of capital increase. However, that's not on the table as far as I can tell.
Happy to be educated as to what I'm missing, though.
I think my problem with this is that they haven't cost Tesla any money as far as I can tell. They've made the stock price drop, which has cost shareholders money if they cashed out. It has taken a hit on Elon's net wealth. If they were considering a secondary offering, it may have caused issues with that kind of capital increase. However, that's not on the table as far as I can tell.
Happy to be educated as to what I'm missing, though.
Maybe I'm the one missing something.
My understanding was those that lost money due to the "funding secured" tweet have to be made whole again. Where Elon/Tesla has to pay them money to reimburse them for their lost due to the tweet.
Where does that money come from? Tesla or Elon?
When I wrote that I assumed it was from Tesla.
I got that from articles such as this.
Lawsuits over Elon Musk’s ‘funding secured’ tweet could potentially cost Tesla billions
Specifically -
"Gasparino notes that Tesla’s legal team has determined that the fallout from Musk’s tweets could cost the company millions in legal fees and potentially billions in damages from investor lawsuits. Interestingly enough, Tesla has reportedly already hired three outside law firms to handle impending suits."
Now I don't think there is any questions that those tweets have damaged Tesla, and it's really just a question of how much.
I retired as a professional trader. I can say definitively that if you’re using options as leverage on an issue as volatile as Tesla, investor education is your problem. Not Elon Musk.Those who really love Tesla.. to the point of using options contracts to leverage their love - got wiped out unnecessarily.
Unlike shares, those are time bound and go to 0 even if Tesla doesn’t bankrupt.
I retired as a professional trader. I can say definitively that if you’re using options as leverage on an issue as volatile as Tesla, investor education is your problem. Not Elon Musk.
Agree. Leverage on TSLA is fine when daytrading and there's a decent volume. Because you can get out quickly when it turns on you.I retired as a professional trader. I can say definitively that if you’re using options as leverage on an issue as volatile as Tesla, investor education is your problem. Not Elon Musk.