Loan news on a youtube clip?

[TEG]

I thought the clip implied we might hear something yesterday or today, not next monday.

Another site writes a story about it:
Caught on Film; Tesla Could Announce New Investor Soon - AllCarsElectric.com

 

[doug]

Valleywag essentially summarizes this thread, but with a negative spin:

Gawker - Tesla Motors Moneyman Revs His Mouth on Camera - Victor Morgenstern

 

[TEG]

And another article:
Fishy Tesla Video Surfaces About Getting New Financing (CLIP)

 

[graham]

but with a negative spin:

Well, you have to give them points for their consistency. No new scary optimism to be found here.

 

[dpeilow]

The badly mismanaged electric-car startup quickly blew through Valor's money;

Really? He doesn't seem that upset about it...

Tesla requires hundreds of millions of dollars more than it has to make the Model S a reality — which is why Morgenstern's talk of new money is so interesting.

Because they might get the money in and prove you wrong?

and yet a new investor would be understandably reluctant to invest if Musk's replacement as CEO weren't a condition of the deal.

So you've seen the term sheet now, have you Owen?

And then there's this: Morgenstern uttered something particularly damning on the phone. He said the investment will "make people believers that the sedan will be produced."

Oh come on... play the video and see what tone this was said in. Are your readers that lazy that they won't bother? I guess that is what you are banking on and what you are hoping will be replicated ad infinitum elsewhere.

 

[AnOutsider]

Oh come on... play the video and see what tone this was said in. Are your readers that lazy that they won't bother? I guess that is what you are banking on and what you are hoping will be replicated ad infinitum elsewhere.

Probably has less to do with them being lazy, more with them loving to hear negative on Tesla. Same comments every time.

 

[doug]

The Daily Start-Up: Tesla Investor Caught (Or Acting) On Tape - Venture Capital Dispatch - WSJ

As AutoblogGreen first pointed out, a mysterious video surfaced Sunday on YouTube in which a Tesla Motors investor blabs about an upcoming financing round, which would be significant considering all the financial troubles the electric-car maker ran into several months ago. In the shaky cellphone video, the investor - which Gawker identifies as Victor Morgenstern, chairman of Chicago private-equity fund Valor Equity Partners - offers to take a “young man” for a ride around the block in his Tesla Roadster, and just as he begins driving he answers a phone call and says, “I think there’s going to be a big announcement coming Monday or Tuesday which should, No. 1, make people big believers that the [Model S electric sedan] is going to be produced…it’s an investment from a strategic….” The person who filmed the video and posted it on YouTube, is apparently a 14-year-old named Mike, according to his Facebook account linked from the video. Tesla hasn’t announced anything this week, and it’s not clear yet whether this is a scoop, a hoax, or, most likely judging by the timing and substance of the phone call, a bizarre publicity stunt….

 

[graham]

As AutoblogGreen first pointed out...

Errr... As AutoblogGreen actually pointed out, the significance of the video was first posted on the Tesla Motors Club Forum. They credit it in the article and everything...

Too complicated for WSJ I suppose.

 

[doug]

Actually, ABG only bothers to list TMC as a source at the bottom of the post. The "keen observer" that Sam refers to is the kid that took the video.

 

[TEG]

This was a story that was going to happen regardless. Many watch youtube for Tesla videos, and I just happened to be the first one to notice it this time.

I guess the people that run this site like to get linkback credit for more traffic, but I don't mind it being uncredited.



By the way, it is Wednesday and still no news...

 

[AnOutsider]

By the way, it is Wednesday and still no news...

Probably busy doing damage control and/or not wanting to 100% confirm his claims

 

[TEG]

And another story:
Tesla Punks Us Again. Maybe. - The Car Connection

 

[graham]

From TEG's link:

Here's what we really wanna know: who tipped off the media about the video, and why weren't they as skeptical as we are?

Errr... that would be TEG! And his link had no commentary on his skepticism or not, but personally I think a lack of skepticism would indicate that he is not looking for and finding conspiracy theories where they make no sense.

 

[dpeilow]

It's like they've built a whole industry out of plagiarism.

 

[doug]

Clearly TEG is part of the conspiracy.

 

[graham]

It's like they've built a whole industry out of plagiarism.

Yes, or it's like they've built a whole industry out of plagiarism.

 

[TEG]

Can someone define "alert the press"?

If you post a link to a video on youtube here is that alerting the press?!

 

[TEG]

Clearly TEG is part of the conspiracy.

I assume you are joking (but no smiley)?



For the record, the first I knew anything of that video was when I typed "Tesla" into a youtube search and was enjoying watching another Tesla ride video and then was surprised by the cellphone call recorded on it.

In effect I think posting something to youtube is "alerting the press".

 

[vfx]

Yes, or it's like they've built a whole industry out of plagiarism.

Not sure I agree. More like It's like they've built a whole industry out of plagiarism.

 

[vfx]

Has anyone suggested that the "1000 Model S' preordered" might be the announcement?

Weak, I know, but we weren't supposed to hear this conversation anyway.