Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[anthonyj]

Bloomberg: "The form requires federal employee or contractors seeking clearance to acknowledge any illegal drug use over the previous seven years."

Isn’t it illegal on a federal level?

 

[pyromatter]

Tom Randall on Twitter

"Musk has refiled his SF-86 security form, according to an official, which requires a federal contractor to acknowledge any illegal drug use over the last 7 years. Pot is legal under California law, but not under U.S. federal law."

Tom Randall on Twitter

"Musk has secret-level clearance, and SpaceX is certified to launch military satellites. A SpaceX official says the review hasn't had an impact on the company, and the company has won national security contracts after the incident."

 

[EVNow]

doesnt matter where he did it. people with clearance are not allowed to use drugs - end of story. good thing they finally look into it

LOL. Do you know what kind of people in the administration have security clearance ?

BTW, presidential candidates are proudly saying they smoked Marijuana.

 

[ZachF]

doesnt matter where he did it. people with clearance are not allowed to use drugs - end of story. good thing they finally look into it

Maybe if their CEOs smoked weed like Musk they wouldn't be presiding over countless programs that are billions upon billions over budget and years behind schedule (cough, cough, F-35, SLS, DDG-1000, etc....)

 

[Freder Reeve]

Isn’t it illegal on a federal level?

he didn't even inhale... poor nerd can't even try to look hip for the crowd

 

[humbaba]

UPDATE: Musk's Security Clearance Said to be Under Review at Pentagon - Bloomberg

The headline, unsurprisingly, is not what the article says (which is so short it isn't fair to even call it an article). All he is doing is updating his filing. His secret clearance is not in jeopardy. (In a former life I may have done security clearance work and have direct, personal knowledge of how clearances are granted and how -- like with everything else in the government -- anything is waiverable. But even if I have done so, I can't reveal any of the interesting anecdotes to back up what might seem unbelievable. Sorry.)

 

[anthonyj]

The headline, unsurprisingly, is not what the article says (which is so short it isn't fair to even call it an article). All he is doing is updating his filing. His secret clearance is not in jeopardy. (In a former life I may have done security clearance work and have direct, personal knowledge of how clearances are granted and how -- like with everything else in the government -- anything is waiverable. But even if I have done so, I can't reveal any of the interesting anecdotes to back up what might seem unbelievable. Sorry.)

Lol. I know. Just pointing out what’s moving the market

 

[ZachF]

The headline, unsurprisingly, is not what the article says (which is so short it isn't fair to even call it an article). All he is doing is updating his filing. His secret clearance is not in jeopardy. (In a former life I may have done security clearance work and have direct, personal knowledge of how clearances are granted and how -- like with everything else in the government -- anything is waiverable. But even if I have done so, I can't reveal any of the interesting anecdotes to back up what might seem unbelievable. Sorry.)

it's seems magically just before this new report someone dumped a chunk of shares of Tesla... I'm sure the SEC will get right on that too...

 

[Curt Renz]

Isn’t it illegal on a federal level?

The incident occurred in September when the Cole Memorandum was in effect, which declared that federal law regarding marijuana use would not override contrary state laws. In January the US attorney general rescinded the Cole Memorandum.

 

[EVNow]

Tesla short sellers have been active this week

Tesla shares shorted have risen by 4.4%, or 1.12 million shares, S3 Partners, a financial technology and analytics firm, said Thursday.

 

[Mad@gascar]

Also, I think another thing that might be happening is that Tesla is strengthening their legal position in the inevitable lawsuits the dealership associations are going to launch against them.

It would only take a single mystery shopper on such a test drive being helpfully referred to the Tesla store to create a legal link between Service Centers and Tesla's sales activities.

It is a very good defense that a Service Center is not performing any sales if they don't even offer test drives, under any circumstance.

So I agree that it's good that they are not moving test drives to service centers, at least in the U.S.

Offering test drives at service centers shouldn't be a problem in states without asinine anti-Tesla laws.

 

[Krugerrand]

I assume you are joking. With a production of 400-500k vehicles this year and enough demand to sell them, there should be enough cash to support a modest ad campaign to accelerate transition to EVs, without slowing down any of the other development efforts. Ramping up for Y will cost a lot but am guessing a big piece of that has already been spent, and once they start rolling off the line ...

No and no. You’ll see.

 

[Nocturnal]

Musk security clearance under review by pentagon

Ha. Take away clearance from the guy putting spy satellites in space while giving clearances to friggin Jared and Ivanka.

 

[Cherry Wine]

A spot of good news, folks: $32M block trade purchase of TSLA shares today, per WSJ money flow indicator:

Money Flows: Selling on Strength - Markets Data Center - WSJ.com

 

[anthonyj]

Ha. Take away clearance from the guy putting spy satellites in space while giving clearances to friggin Jared and Ivanka.

Nah they wont take away his security clearance. The president and Elon are on good terms

 

[pnungesser]

doesnt matter where he did it. people with clearance are not allowed to use drugs - end of story. good thing they finally look into it

Does that include America's favorite recreational drug/intoxicant, alcohol?

 

[Nocturnal]

Nah they wont take away his security clearance. The president and Elon are on good terms

I don't think so either. He's too important to our space program.

 

[InDaClub]

Isn’t it illegal on a federal level?

Actually, on a cosmic level.

 

[Fact Checking]

Is being a Russian spy a positive or negative in this environment?

We'd have to ask Trump, personal experience counts a lot in such questions.

 

[Nocturnal]

doesnt matter where he did it. people with clearance are not allowed to use drugs - end of story. good thing they finally look into it

Good thing? Oh yeah, enforcing a stupid rule is a good thing. That rule is just there to prevent blackmail. If it's public knowledge that isn't a risk.