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

[MarcusMaximus]

I know some of you dislike Fred, but:

https://electrek.co/2019/02/26/tesla-tsla-stock-regain-sec-overreaching-elon-musk-tweets/

Feels nice seeing someone print such a headline in favor of Tesla, rather than only highlighting the downward movements.

 

[Curt Renz]

Cramer: Elon Musk should be removed from Tesla as CEO for attacking the SEC

Cramer recommending the stock bear stearns at $80 three month before it blew up entirely.
Cramer is a hazard to securities investing.
Why does the SEC allow him to give stock advise?

CNBC - 2010:

 

[JRP3]

Musk out as CEO is ridiculous. Who would want him out with such great stock movement the last few years.

Another escapee from El Bano...

 

[kyzhk]

The only thing I can think of... is institutions were waiting for another SEC battle to mark a bottom and reverse the downtrend. I don’t know. I’m laughing so hard

Perhaps the trading bot has learned that shortly after SEC headlines from last year the stock goes up to $360 range. /s

 

[CorneliusXX]

Elon is very much grateful to all the trust Retail investors gave him over the years. Many of those own a Tesla too.

A go private would mean for most of those they cannot stay invested which is in particular true for international ones.

Its unlikely that Elon is leaving those investor in a buy out situation where they cannot participate in a private Tesla any more. He confirmed after the last attempt that this has been a major issue for him and reason to abandon the plan as there was simply no solution. Lets not forget that he could have done it before as he is not short of funding interest.

Its hard to imagine that after all he turns around and is doing exactly what he called a major issue for retail investors before.

Concerns over the little investors could well just be a way to save face. I'm sure he's grateful for the support but if going private furthers the mission, my guess is that he would quickly make sure they got a decent return by buying at a premium and delisting the company.

 

[ZachF]

CNBC - 2010:

There must be a supercut on Youtube of all the boneheaded calls Cramer has made, like Bear Stearns in 2008.

 

[Artful Dodger]

KarenRei:

"Are you claiming that paint and trim are "reliability" issues? If so, I can sympathize, as my paint rebooted while I was driving the other day... "​

CR: "Crickets"

 

[dc_h]

Congratulations to those investors of fortitude who bought last night or first thing this morning. I had thought about buying a bull spread, but am too busy with work for diversions, and I'd say too chicken.

 

[saniflash]

racerjake
1 point · just now
Karen - I absolutely welcome these questions and am happy to answer - it's just hard to keep up with your pre-written questions.

LOL

 

[Unpilot]

There must be a supercut on Youtube of all the boneheaded calls Cramer has made, like Bear Stearns in 2008.

Not sure how anyone can watch that guy....even if he was right all the time his style (or lack of) is so grating it is like fingernails on a chalk board to me.

 

[MartinAustin]

If Elon is removed from CEO role, how much will that cut TSLA valuation? 20%, 50%, more?!

Not enough time in the day even to scroll past posts like this. Welcome to my special area...

TSLA on the other hand is looking great! This really takes the wind out of the sails out of the popular media. Shadenfreud...

 

[mekberg]

Consumer Reports Ask-Me-Anything is open here:

I am the Director of Auto Test from Consumer Reports to talk about top picks and reliability AMA : IAmA

Be sure to vote up any and all questions that you like. And if you see anything that hasn't been asked, by all means ask!

Damn, is this an AMA or a roast of Jake Fisher? Dude's gotta be sweating right now...

 

[Anton W]

A Florida man died after his Tesla Model S crashed and caught fire

Wow what a bad day for Tesla. This guy apparently died because the airbags and door handles trapped him inside of the car, suffocating him in a horrible death. I sure hope other Tesla's don't cause similar fate's to their passengers...

 

[Big Earl]

Looks like racerjake doesn’t really want to answer any Tesla questions. Don’t you have any non-Tesla questions, @KarenRei LOL

 

[neroden]

this experience, though, is starting to convince me that the real risk is trusting anything other than my own primary research.

You're learning.

 

[MartinAustin]

I hope this story gets plenty of press. Elon is the good guy fighting climate change, taking us to Mars, and posting memes. SEC/Wall Street/oil lobbyists are the bad guys. The public will side with Elon.

SEC are the guys who did not spot Bernie Madoff's enormous ponzi scheme until he had been doing it for years, and many people were ripped off.

 

[ZachF]

Not sure how anyone can watch that guy....even if he was right all the time his style (or lack of) is so grating it is like fingernails on a chalk board to me.

Here is an old classic of him getting skewered by Jon Stewart:

 

[avoigt]

Sometimes it feels like we are at this point....

 

[EVNow]

Today's action is a bit of head scratcher.

Even shorts don't think much will come out of this SEC action.

Ironically, a quick settlement of the case will push SP up. Hopefully happens before March 1st - when news of debt repayment will come out too (?). BTW, does anyone know when Tesla has to repay - is it 1st or some other date ?

 

[neroden]

SEC are the guys who did not spot Bernie Madoff's enormous ponzi scheme until he had been doing it for years, and many people were ripped off.

Then they allowed the SIPC to defraud the investors again, by refusing to honor the SIPC insurance which was supposed to protect their accounts. (Pro tip: SIPC insurance is totally worthless; it's a fraud now. But the SEC is just fine with all this fraud.)