stealthology
Member
Has the SEC investigation which was opened in July (Tesla not disclosing autopilot crash right away) closed yet? Can this delay the SCTY deal?
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Not an attorney, but what would their potential logic be? Seems to me this problem is only a question of transparency and certainly Tesla and SolarCity seem to have followed all of the rules about merger so far and any surprises, like the overvaluation of debt and recent funding of SCTY have done nothing to tarnish the public feel of the deal.Has the SEC investigation which was opened in July (Tesla not disclosing autopilot crash right away) closed yet? Can this delay the SCTY deal?
Just to speculate a bit on this tweet. Today TSLA traded roughly 3.6mm (3,583,187) shares. If there were 3mm shares recalled today, there will be roughly 3mm reduction in short interest and roughly 3mm shares that need to be bought over the next three days, i.e. by this Friday. I would love to hear from members who are professionally involved in trading and are familiar with nuts and bolts of the process, but for my (engineer) eye this spells major trouble for people trying to close short positions.
Yes, My point was a couple hundred in US is sufficient to start with for a small fleet. This is exactly what tesla did.
It's a multi year build-out ONLY because of small fleet size. Not because it's stupid expensive for GM
Get it?
Well, I do not agree that Tesla is jumping out with silk fabric and rope. It is pessimism at extreme.
When you goto dealer check 37.5k bolt
suddenly you found a same car chevy sonic starting at 15k
then a much better malibu only 20K a chevy SUV only 24K a buick enclave only 35K
What will you choose
I am curious to know what the energy consumption per mile (kwh / mile) for Bolt, I assume Bolt will show the energy consumption diagram on the dashboard similar as Tesla. This is a more important number to tell energy efficiency.
Don't get too excited. It might be a while before electric car can outrun a fast ICE one on anything much longer than a quarter mile run. There's a reason Tesla isn't claiming any Ring lap records or even close to that. Not that it matters for most buyers.
You obviously don't understand, that there are many people who WANT an electric car. Bolt is the only electric car in your example.
Nissan has sold 230,000 Leafs worldwide since 2010, just because it is an electric car. Not because of it's range, interior space, looks or performance. If people would choose cars solely on your criteria, Nissan would have sold 0 Leafs.
The market for hair shirt punishment vehicles for the uber environmentalist is limited.
Yes, all SEC correspondence will be disclosed. Look for filings named CORRESP and UPLOAD. There will also be Form S-4/A accompanying the responses (where they are amending the filings to conform to the SEC comments).
Love to see this happen. Fingers crossed...
I hate to say it, but if people think a squeeze is going to happen; it probably won't.
This is more than contrary thinking. If shorts sense they may be caught with their pants down, they will exit. As the moment approaches, more and more do so.
The squeeze scenario only occurs if they are all forced to buy at once.
Worst short squeeze ever