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

[Pras]

SEC v Musk - Letter Asking for SurReply (Provided by Dan Ravicher).pdf

There is a request for follow up response from Musk’s lawyers.

 

[generalenthu]

If some of us on this site decides to buy shares tomorrow, then the SP will probably go down. Just the luck of the retail investor.

That's why I just sent a couple of Grand Tesla's way, and purchased FSD.

 

[azaz]

looks like Elon might have the receipts on what was mutually agreed to as needing review

 

[Solar Aussie]

It looks like most of the cars have 3 digits and some even have 4 digits miles. Are these used cars? Also weird how the year is missing from the title. On the US site all cars have a year in the title.

Just a note when we bought a 2015 S P85 early last year - it had only 9000 km on the clock or under 6000 miles. Good price about 70% of new price but about 95% of the original price

 

[tinm]

Thanks. I am having difficulty getting an idea of its dimensions, given how close to '3' it appears. In fact during the test drives i could see many getting confused if it was a 3 or Y.

Anyone who has seen it in person, which CUV or hatchback you think Y closely resembles in terms of form factor and dimensions? Porsche Cayenne?

Well I was there and got lots of good looks at the white and the blue Ys. The only thing it resembles IMHO is the 3, it's just "taller" and the rear end looks like the X. My immediate thought, walking around the roped-off white Y was, "I could see actually owning this. Performance version no question, goes without saying. My S will by then have, oh, 110K miles on it. Yes. This is a plan."

 

[Navin]

#marchmadness
Elon or SEC. PLACE YOUR BETS

 

[wipster]

Geez, can somebody get the SEC a little cheese with their whine?

 

[tslalala]

Maybe. Define bloodbath.

Also, a bloodbath for who? for the SEC perhaps?

 

[Solar Aussie]

There was some good analysis by TNEvol basically allowing for this saving face argument where neither Elon or the SEC win. Here's the relevant quote. If you click back on that post, you can follow the whole chain of discussion. This is the relevant quote that I thought was insightful:

Just a simple thought.. Maybe Elon needs to only tweet about Tesla through a handle Tesla CEO managed by a minder

 

[CorneliusXX]

Ran out of ships for mid-sea dumping, just have to drive them off the end of the pier now...

There's a precedent of Americans doing this when people won't buy their vehicles.

Million Dollar Point site where the US army dumped expensive equipment after WW2 pictured | Daily Mail Online

 

[scaesare]

I think you make a good argument. I still disagree but realized that at 500 words and climbing that I was maybe taking off topic over the cliff, so I'll end here.

Guilty as charged. Thanks for the good, if OT, discussion.

 

[MP3Mike]

SEC v Musk - Letter Asking for SurReply (Provided by Dan Ravicher).pdf

There is a request for follow up response from Musk’s lawyers.

A quote from that:

Mr. Musk would like to address the SEC’s unsupported assertions and submit documentation reflecting the negotiation history between the SEC and Mr. Musk and Tesla, which undermines the newly-presented interpretation the SEC sets forth in its Reply.

Oh Snap! Could the SEC have negotiated something and not shared all the details of that negotiation with the attorney that is trying to go after Elon for contempt?

I think the SEC just gave Elon a written pass to air their dirty laundry.

Is that what you call stepping in a fresh steamer?

 

[Artful Dodger]

SEC v Musk - Letter Asking for SurReply (Provided by Dan Ravicher).pdf

There is a request for follow up response from Musk’s lawyers.

From the letter: (refs removed, outlining added for readability)

• Request the Court’s permission to file a sur-reply memorandum of no more than 10 pages by March 22, 2019, in order to respond to new factual assertions and legal arguments raised in the SEC
• The Reply included, for example, 61 pages in new exhibits and new allegations regarding the Tesla Senior Executives Communications Policy
  • "It is improper in this district and this circuit to introduce new arguments in reply"
  • "A party may not attempt to cure deficiencies in its moving papers by including new evidence in its reply to opposition papers"
• Among other things, Mr. Musk would like to address the SEC's unsupported assertions and submit documentation reflecting the negotiation history between the SEC and Mr. Musk and Tesla, which undermines the newly-presented interpretation the SEC sets forth in its Reply.

EDIT: What time is it in Vienna? I hope @Fact Checking gets a good sleep.

"It's not the bullets that kill you, it's the pace"
-- LCol John Masters, DSO, OBE, author of Bugles and a Tiger​

 

[sundaymorning]

P

Nafnlaus on Twitter

Comedy from @SEC_Enforcement - the following tweets from @elonmusk are given as examples of "written communications that contain, or reasonably could contain, information material to the company or its shareholders"

The SEC is in the twilight zone. I wonder if any of those guys light up some bud together after work?

 

[Solar Aussie]

SEC response to the court is in:

secvmuskreplyravicher.pdf

Page 6
For the reasons set forth below and in the SEC’s initial motion, the SEC requests that this Court hold Musk in contempt and impose an appropriate remedy to ensure future compliance.

So the remedy to ensure future compliance does not sound like removal as CEO or jail terms as many shorts have been shouting loudly. It looks like SEC will be satisfied with new methodology to approve Tweets so maybe a new handle Tesla CEO managed by an employee with Musk ideas and approvals stamped prior to twittering will satisfy the whole case. The Elon Musk is free to cover all his other interests in his private companies such as Space-X and Boring Co announcements and future exciting notions.

 

[sundaymorning]

why are you getting so worked up over wildly unsubstantiated claims from one person on the internet?

might want to take a break from this topic versus getting this angry.

All the gaffes and missteps by Elon is making me pissy lately.

 

[Tenable]

P



The SEC is in the twilight zone. I wonder if any of those guys light up some bud together after work?

Hey now, let us not cast dispersions on those who choose to light up the bud. TMC is a happy place, a little bud would not make it less so.

 

[Tenable]

All the gaffes and insteps by Elon is making me pissy lately.

The effect of his gaffs on my portfolio are making me "pissy" as well.

 

[Pras]

All the gaffes and insteps by Elon is making me pissy lately.

Agree. The best revenge is served cold.

Elon, if you hear us, please take a temporary loss to win the war. Just lay low on communication aspect (Tesla or non-Tesla). You have an army of supporters who have invested their lives’ worth (a little dramatic but true is some cases). You don’t need to be vocal to get your message across.

(Anyone who can pass this on to Elon !! )

 

[traxila]

This really sucks. I hate the SEC for not only not protecting my interests as a shareholder of TSLA but actually attacking them. But I hate Elon’s goddamn cavalier attitude about the whole thing just as much.

F*#k this twitter crap. All this wasted energy on nonsense. Opening the door for the most relentless FUD yet.

Can we focus on electrifying the global fleet please? Elon, put your damn phone away and go find a solid state battery or something.