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If OPEC buys Tesla...

Discussion in 'Tesla, Inc.' started by IhateOPEC, Aug 12, 2018.

  1. IhateOPEC

    IhateOPEC Member

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    • Like x 1
  2. HankLloydRight

    HankLloydRight No Roads

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    Saudi Arabia != OPEC

    OPEC is made up of 15 member countries. Saudi Arabia is just one.

    Also, did you even read the article??

    Not so backwards.
     
  3. IhateOPEC

    IhateOPEC Member

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    OK, but they pretty much run OPEC. Also, they are probably the most repressive country on earth, save North Korea. If they are the source of funding to take TSLA private doesn't that bother you a little?
     
    • Like x 1
  4. Johan

    Johan Funds for M3 secured. Contingent on wife aproval.

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    Well OPEC isn't "buying" Tesla. I guess we can all guess how you would feel about it though @IhateOPEC
     
  5. IhateOPEC

    IhateOPEC Member

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    It is a plausible scenario. Who has enough money to buy all of TSLA at $420/share? It's a pretty small list.

    I never said it was "for sure" going to happen. I asked how everyone would feel about it if it did. I also stated how I would feel in the initial post.
     
  6. Johan

    Johan Funds for M3 secured. Contingent on wife aproval.

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    OPEC is not an organization that can invest in a company. There are of course some quite rich countries in OPEC, with sovereign wealth funds that could invest. Of you're talking about the Saudis in particular I would dislike then becoming a very big and influential owner.
     
  7. Hitman007

    Hitman007 Member

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    Opec Members.

    Venezuela
    298.40 billion barrels of proved reserves
    $373.98 billion in 2013 GDP
    Population – 29.99 million

    Saudi Arabia
    265.79 billion barrels of proved reserves
    $745.27 billion in 2013 GDP
    Population – 29.99 million

    Iran
    157.80 billion barrels of proved reserves
    $366.26 billion in 2013 GDP
    Population – 77.10 million

    Iraq
    144.21 billion barrels of proved reserves
    $229.33 billion in 2013 GDP
    Population – 35.10 million

    Kuwait
    101.5 billion barrels of proved reserves
    $184.03 billion in 2013 GDP
    Population – 3.96 million

    United Arab Emirates (UAE)
    97.80 billion barrels of proved reserves
    $396.24 billion in 2013 GDP
    Population – 8.46 million

    Libya
    48.36 billion barrels of proved reserves
    $73.76 billion in 2013 GDP
    Population – 6.30 million

    Nigeria
    37.07 billion barrels of proved reserves
    $515.79 billion in 2013 GDP
    Population – 172.29 million

    Qatar
    25.24 billion barrels of proved reserves
    $202.17 billion in 2013 GDP
    Population – 2.01 million

    Algeria
    12.20 billion barrels of proved reserves
    $223.86 billion in 2013 GDP
    Population – 38.30 million

    Angola
    9.01 billion barrels of proved reserves
    $120.51 billion in 2013 GDP
    Population – 19.18 million

    Ecuador
    8.83 billion barrels of proved reserves
    $93.58 billion in 2013 GDP
    Population – 15.78 million
     
  8. renim

    renim Member

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    something special about 29.99 million population?
     
  9. Unpilot

    Unpilot Active Member

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    To the OP point SA is NOT a country I would feel comfortable owning a controlling share in Tesla.
    They are a repressive regime in matters that count.
    Yes the new young shrieks or future kings (there is some modernity for you) understand that in order for their country so survive they need to diversify away from Oil..however they also continue to fund and propagate Wahhabism. That is a problem.
     
    • Like x 1
  10. Buggle

    Buggle Member

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    To be clear so everyone's on the same page -- Elon clarified this morning the Saudi gov't is his take private investor.

    As a Canadian lol...

    I'm mixed on this development. Tesla needs to go private to get rid of the smear campaign. They really do. And the ppl with money have had more than enough time to kick the tires and work something out with Tesla. The fact they haven't to this point mean they don't want to. So financially, and for the health of the company, this is a very big deal.

    That having been said, the Saudi's are despots. The Wahhabi strain of Sunni Islam is promulgated by the Saudi government. We would have neither the Taliban nor Al Qaeda were it not for official Saudi state support. I'm not saying they're terrorists, I'm saying they have an intertwined codependent relationship with their version of the Church, and their version of the Church is downright nasty.

    Further, the non-nasty side of the Saudi gov't is very Trumpish. For this, see their recent rants and actions re. Canada. Want to speak to your democratic ideals? Feel free to get dumped on.
     
    • Like x 2
  11. IhateOPEC

    IhateOPEC Member

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    As an American let me first thank your government for not selling out its principles as ours has.

    Looking forward to watching the fanbois jump through mental hoops on why this is OK.
     
    • Like x 1

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