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

[Barklikeadog]

L.

So, does the SEC now demand that if Elon repeats a statement from the ER call on twitter that he needs to get someone looking over it and that he did not do, therefore violation of agreement? Thats really Kindergarden level....

Tesla made a deal with the SEC.
Any elon material communications had to be preapproved.
Elon tweets out material information.
Sec asks: was that preapproved?
Tesla: No.

300k 500k 400k... I don't know why everyone is wasting time arguing about a number. Did tesla preapprove elon to do an interview where he promised fsd by the end of the year? Elon didn't have to sign the deal. He could have fought them. But he didn't. He signed the deal.

 

[Antares Nebula]

I should have probably also mentioned (in bold)?:

(Summary: the SEC erred because they did not take into account what was said in the CC call, nor did they take into account the difference between "production" numbers vs "delivery" numbers, and between Model 3 numbers and total vehicle numbers.)

 

[Singer3000]

Elon Musk on Twitter

Doubling down. Looks to me like Elon’s found himself another dragon to slay. Even if he’s right, hope he knows what he’s doing...

 

[KarenRei]

Tesla made a deal with the SEC.

Any elon material communications had to be preapproved.

Elon tweets out material information.

 

[KarenRei]

Elon Musk on Twitter

Doubling down. Looks to me like Elon’s found himself another dragon to slay. Even if he’s right, hope he knows what he’s doing...

I think he's right to feel confident. Also, what does he have to lose? He has to fight this either way.

 

[replicant]

Elon tweets out material information.

Is it really material? Looks like you have read a single post in this thread if you maintain that the 500K figure is material. It'has been published in investors letter (that the SEC should have read) and republished by the mainstream media.

 

[Tslynk67]

Tesla made a deal with the SEC.
Any elon material communications had to be preapproved.
Elon tweets out material information.
Sec asks: was that preapproved?
Tesla: No.

300k 500k 400k... I don't know why everyone is wasting time arguing about a number. Did tesla preapprove elon to do an interview where he promised fsd by the end of the year? Elon didn't have to sign the deal. He could have fought them. But he didn't. He signed the deal.

No, the issue is that Elon didn't say anything material, nothing new, that's the problem. No case to answer.

 

[j6Lpi429@3j]

Elon is a great guy, a genius, and also in the right.
But why start battles that gain you nothing? If I was him, I'd already have handed my twitter login details to my lawyer, and be dictating tweets, even the silly ones with emojis. Being spontaneous on social media is NOT worth this distraction.

 

[Singer3000]

I think he's right to feel confident. Also, what does he have to lose? He has to fight this either way.

Elon has made his career taking on entrenched interests and beating them, be it at PayPal, SpaceX or Tesla. Beating down the Boeing Lockheed monopoly was central to the SpaceX mission. Equally Big Auto for Tesla. It should sadden us all if the SEC has truly become an entrenched interest that it’s necessary to slay for Tesla to reach its full potential.

If that’s what Elon sincerely believes, then so be it, he’s been right far more than he’s been wrong. But no one here should be surprised if the market valuation versus fundamental valuation remains deeply skewed for quite a while longer.

 

[Artful Dodger]

BTW., today's PUT options volume and general price capping market action was weird: did the SEC lawyers illegally leak their planned action against Tesla again, enabling illegal market manipulation by shorts?

Notable Monday Option Activity: TSLA

"Tesla Inc (Symbol: TSLA) saw options trading volume of 159,399 contracts, representing approximately 15.9 million underlying shares or approximately 238.4% of TSLA's average daily trading volume over the past month, of 6.7 million shares. Especially high volume was seen for the $100 strike put option expiring March 15, 2019 , with 17,294 contracts trading so far today, representing approximately 1.7 million underlying shares of TSLA."​

So @Fact Checking the question becomes, 'Who knew what when, and who tipped them off?'

 

[Sudre]

It was my opinion in the first place that the 420 tweet was a witch hunt to start with and at the time TSLA could not afford it, Elon knew that. Now Tesla does not need TSLA anymore so Elon can challenge the bullshit settlement. It looks like his lawyer left because he doesn’t want the headache. He wants to just follow the ruling.

Oh, yah.... how much cash does Tesla have to fork over if the SP is at $350 when the bond comes do?
How much do they have to pay if the SP is at $250?

I am not saying Elon planned this (altho fishy) but it works out for long term investors.

 

[shlokavica22]

Elon Musk on Twitter

Doubling down. Looks to me like Elon’s found himself another dragon to slay. Even if he’s right, hope he knows what he’s doing...

One of the "short gang" replies is funny though (aimed at Elon): You are as honest as your hairline.

The question is- how are we playing this? Are we betting on close lower than the open, or do we think the stock will recover within the same day?

 

[mongo]

Once the pad is cured the roof could be a tent.

It could indeed, but only if you plan on keeping it a sprung structure forever. If you are going to have a solid roof, it's much easier/ safer/ less intrusive to install it first. Also doesn't take long. Additionally, GF1 is 3ish floors and I'd expect GF3 to be similarly dense.

 

[AlexS]

Oh, yah.... how much cash does Tesla have to fork over if the SP is at $350 when the bond comes do?
How much do they have to pay if the SP is at $250?

In any case 920 mil. there is 0,000001% chance SP price jumping way over 360 in two days.

 

[Unpilot]

So your view is that negligent or reckless violation of a court order cannot constitute contempt? Wilfulness iis required?

Thar has not hitherto been my understanding of the position of the federal courts, but I would certainly be interested to read any authority or source that you could cite.

Jesus freaking christ....leading ...presumptuous....might have to increase my block list.

 

[Artful Dodger]

The SEC has now definatively revealed that you can indeed break a car window with the buttend of a pistol, IF the existance of that car is a threat to your handler's FORTUNE$.

 

[Hock1]

Why does this always happen when I buy call options?







How about a Model Y announcement? That could certainly help out. What say you Musk Man?

Look at the bright side: You might lose that entire "investment" but, if you had chosen to sell puts, you could have lost a lot more than your "investment".i

 

[Fact Checking]

Oh, yah.... how much cash does Tesla have to fork over if the SP is at $350 when the bond comes do?
How much do they have to pay if the SP is at $250?

The same $920m of cash.

 

[AlMc]

Many pages of arguing basically what 'is..is'. May be cathartic but it does not matter what any of us, SEC or EM thinks/believes...Now it only matters what the judge thinks.

Hopefully this gets high priority and quick action by the judge and EM gets back to focusing on accomplishing the mission statement whether it be through a public or private Tesla.

 

[bro1999]

So Elon is doubling down (again) against the SEC this morning. We've seen how doubling (and tripling) down has worked for him in his previous battles (pedo tweet, SEC smackdown #1). I see this guy doesn't learn from the past.