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Saudi Arabia (out of Market Action)

Discussion in 'TSLA Investor Discussions' started by mikevbf, Aug 8, 2018.

  1. mikevbf

    mikevbf Active Member

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    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.
     
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  2. Causalien

    Causalien Reaper of Trolls

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    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.
     
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  3. tinm

    tinm 2013 S85 Owner

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  4. Mkorpal

    Mkorpal Member

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    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.
     
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  5. Ulmo

    Ulmo Active Member

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    #5 Ulmo, Aug 8, 2018
    Last edited: Aug 8, 2018
    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.
     
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  6. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    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
     
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  7. Unpilot

    Unpilot Active Member

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    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.
     
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  8. Causalien

    Causalien Reaper of Trolls

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    #8 Causalien, Aug 8, 2018
    Last edited: Aug 8, 2018
    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.
     
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  9. Esme Es Mejor

    Esme Es Mejor Member

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    Unless the theocratic SA being referred is Seeking Alpha.
     
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  10. 22522

    22522 Active Member

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    Seeking Alpha has money?
     
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  11. Ulmo

    Ulmo Active Member

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    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.
     
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  12. Unpilot

    Unpilot Active Member

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

    Unpilot Active Member

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    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?
     
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  14. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    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.
     
  15. Unpilot

    Unpilot Active Member

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    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
     
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  16. CuriousSunbird

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  17. ZachShahan

    ZachShahan Member

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    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'.
     
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  18. ZachShahan

    ZachShahan Member

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    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.
     
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  19. Causalien

    Causalien Reaper of Trolls

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    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.
     
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  20. Rarity

    Rarity Member

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    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.
     
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