Saudi Arabia (out of Market Action)

[mikevbf]

Yep yep. They just found out about the Saudi money, and released the "considering taking it private" news the *same day*. I think the timing is NOT coincidental. I think the going-private plan has been in progress for a while but it had to be revealed early, because he wants to lock the Saudis out of increasing their share further, and prevent them from gaining control.

I suspect his buddies who are providing funding don't like the Saudis much either.

Putting the company into "tender offer" play may be the best move to lock out the Saudis, though if the Saudis make their own tender offer... things would get sticky. I wouldn't tender my shares to the Saudis even if their offer was much higher, though; that government has been so evil that my rather minimal "ethical investing" filter kicks in.

I understand the anti Saudi sentiment on this thread (had the same bias myself at first), but are you aware that the person in charge of the large investment is Mohammed bin Salman who is a big sustainability advocate and known for preparing Saudi Arabia for the end of oil. I believe the rushed announcement had more to do with Elon's concern the stock price would go up to high for him and his financial backers to take the company private so he was trying to get ahead of a precipitous climb.

 

[Causalien]

I understand the anti Saudi sentiment on this thread (had the same bias myself at first), but are you aware that the person in charge of the large investment is Mohammed bin Salman who is a big sustainability advocate and known for preparing Saudi Arabia for the end of oil. I believe the rushed announcement had more to do with Elon's concern the stock price would go up to high for him and his financial backers to take the company private so he was trying to get ahead of a precipitous climb.

MBS is no saint just because he jawboned about sustainability. AN even worse shareholder consider his recent tantrum with Canada. Not the kind of stable influence you need.

 

[tinm]

Does Tesla really want Saudis to own a big chunk of a private Tesla?

Saudi Arabia crucified a man in Mecca while aggressively calling out Canada over human rights

 

[Mkorpal]

Does Tesla really want Saudis to own a big chunk of a private Tesla?

Saudi Arabia crucified a man in Mecca while aggressively calling out Canada over human rights

This is why I seriously doubt the funding is coming from the Saudis. You really just don't want that association. Tesla, the light hearted, fun loving car company with the goal of advancing sustainable transportation being partially bought out by a brutal, repressive regime that in this day and age still crucifies critics of the Kingdom as well as minorities they don't like. I really just can not possibly see the match-up.

The funding will come from individuals or corporations that share their view of the world. I know I'm being a little extreme, as Tesla certainly isn't perfect, and Saudi Arabia certainly isn't pure evil, but they are on opposing sides of the spectrum.

 

[Ulmo]

Does Tesla really want Saudis to own a big chunk of a private Tesla?

Saudi Arabia crucified a man in Mecca while aggressively calling out Canada over human rights

That's a good play if it is a lie: one of the preeminant debunkers of these types of claims doesn't wake up until around 5AM Japan time (4PM Eastern Time, i.e., market close), and it would allow some shorts to counter some bad trades. I have not seen a single substantiated human rights error by Saudi Arabia since many years ago.

Ok, I just looked it up: Alex Lockie is debunked, and well known as a fraudster. This is (most likely) just another Short lie against Tesla and KSA.

I am satisfied that one learned disagreer disagrees: either I'm totally wrong, or something else is going on (something I don't know about that they do know (very likely), or that I'm not totally wrong (likely but I wouldn't say very likely)). This topic has a lot of moving parts, so I have no bad feelings for anybody about it from this specific juncture (that is, not everyone in stock trading has the same information).

Edit: I have 2 learned disagreers. I decided I better look this up. Apparently, the play is that this is somehow a "human rights abuse". The human rights abuse was what the accused convicted sentenced person did. It's gruesome, so I will not repeat it here. As KSA moves toward getting Arabs off of the post-1979 style of radical disrespect for human life which emenated from the socialist Iran of post 1979, KSA must have decided a show against someone who so awfully ruined human life would be an appropriate message. The moving part here is that some countries don't have or respect capital punishment so it seems weird to those countries.

I want to leave this message here for people to consider what the stock price movement could be about, but realize it is a touchy topic, so I may want to delete it before the 60 minutes so there is less anger.

 

[neroden]

That's a good play if it is a lie: one of the preeminant debunkers of these types of claims doesn't wake up until around 5AM Japan time (4PM Eastern Time, i.e., market close), and it would allow some shorts to counter some bad trades. I have not seen a single substantiated human rights error by Saudi Arabia since many years ago.

Prohibiting women from having civil rights? Imprisoning bloggers for criticizing the government? Imprisoning clerics for giving unorthodox views on religion?!? *Documented war crimes* in Yemen? Uh, yeah, Saudi Arabia makes lots of human rights violations

 

[Unpilot]

That's a good play if it is a lie: one of the preeminant debunkers of these types of claims doesn't wake up until around 5AM Japan time (4PM Eastern Time, i.e., market close), and it would allow some shorts to counter some bad trades. I have not seen a single substantiated human rights error by Saudi Arabia since many years ago.

Ok, I just looked it up: Alex Lockie is debunked, and well known as a fraudster. This is (most likely) just another Short lie against Tesla and KSA.

I am satisfied that Neroden disagrees: either I'm totally wrong, or something else is going on (something I don't know about that they do know (very likely), or that I'm not totally wrong (likely but I wouldn't say very likely)). This topic has a lot of moving parts, so I have no bad feelings for anybody about it from this specific juncture (that is, not everyone in stock trading has the same information).

Are you seriously saying that SA is not a theocratic oppressive regime that has institutionalized and farmed out one of the most extreme (Wahhabism) forms of Islam.

 

[Causalien]

Are you seriously saying that Saudi Arabia is not a theocratic oppressive regime that has institutionalized and farmed out one of the most extreme (Wahhabism) forms of Islam.

For anyone doubting that SA's money is just a weapon they use as a leverage to force ppl to do what they want. Pay close attention to what they are doing to Canada in the near term. This is play by play what will happen to any of their investment if what you are doing offended ther ego in anyway.

 

[Esme Es Mejor]

I'd prefer if this particular discussion took place outside of the market action thread.

Unless the theocratic SA being referred is Seeking Alpha.

 

[22522]

For anyone doubting that SA's money is just a weapon they use as a leverage to force ppl to do what they want. Pay close attention to what they are doing to Canada in the near term. This is play by play what will happen to any of their investment if what you are doing offended ther ego in anyway.

Seeking Alpha has money?

 

[Ulmo]

Prohibiting women from having civil rights? Imprisoning bloggers for criticizing the government? Imprisoning clerics for giving unorthodox views on religion?!? *Documented war crimes* in Yemen? Uh, yeah, Saudi Arabia makes lots of human rights violations

I am not disagreeing with you thinking any of that based on news sources. All I am saying is that it is all debunked and/or directionally wrong. "Amnesty" and "Human Watch" were bought out by Russians and others.

 

[Unpilot]

I'd prefer if this particular discussion took place outside of the market action thread.

Your right and I am sorry...just that one post got my dander up.

 

[Unpilot]

I am not disagreeing with you thinking any of that based on news sources. All I am saying is that it is all debunked and/or directionally wrong. "Amnesty" and "Human Watch" were bought out by Russians and others.

So if you believe that the reports are wrong....were is your proof?
Would you let your daughter or wife travel to SA? If you had a gay son would you let him travel there?

 

[neroden]

I am not disagreeing with you thinking any of that based on news sources. All I am saying is that it is all debunked and/or directionally wrong. "Amnesty" and "Human Watch" were bought out by Russians and others.

Um, this is bullshit. What I said is proven fact -- you can cross check it from any number of sources you like including the official pronouncements of the Saudi government -- and you're just making bizarre claims of Russian conspiracies.

 

[Unpilot]

I have an idea .........travel to SA with a woman...have her dress as she wants and hand out leaflets for jesus or any other religion.

Report back with your finding's

 

[CuriousSunbird]

Does Tesla really want Saudis to own a big chunk of a private Tesla?

Saudi Arabia crucified a man in Mecca while aggressively calling out Canada over human rights

That guy was a murderer and an attempted rapist. He got what was coming to him.

 

[ZachShahan]

I understand the anti Saudi sentiment on this thread (had the same bias myself at first), but are you aware that the person in charge of the large investment is Mohammed bin Salman who is a big sustainability advocate and known for preparing Saudi Arabia for the end of oil. I believe the rushed announcement had more to do with Elon's concern the stock price would go up to high for him and his financial backers to take the company private so he was trying to get ahead of a precipitous climb.

I agree with you. But I'm still following the debate.

Also consider that Saudi has pulled back on an IPO for Saudi Aramco and the country's leadership knows as well as anyone that dependence on oil revenue is highly freakin' risky. Better to buy big stakes in the companies of the future than go poor.

Now, I'm certainly not endorsing the country's leadership. Just sayin'.

 

[ZachShahan]

MBS is no saint just because he jawboned about sustainability. AN even worse shareholder consider his recent tantrum with Canada. Not the kind of stable influence you need.

I agree.

But also note that he's 32 years old, has disruption running strong in his blood, and pretty likely knows that relying on oil wealth till his death is a super stupid idea.

 

[Causalien]

I agree.

But also note that he's 32 years old, has disruption running strong in his blood, and pretty likely knows that relying on oil wealth till his death is a super stupid idea.

Agree to that, the other side of him is all the violence. Not much good is a sustainable future if we are back to the stone age. We can only see if he can manage to dial back on that. I agree that his first few terms to power he is stuck with the backward violent ways of dealing with affairs due to the culture. But so far, the outlook is not good.

 

[Rarity]

and the country's leadership knows as well as anyone that dependence on oil revenue is highly freakin' risky. Better to buy big stakes in the companies of the future than go poor.

While true, I don't know that Tesla should take all of those contradicting interests into its ownership structure. MBS could be a saint. Doesn't matter. And I'm confident that this is the way Musk looks at it.