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

[TheTalkingMule]

Btw Musk is done as CEO after this, time to start thinking about Jerome as CEO

Get back in the Corona thread! All doomsday nonsense goes in the Corona thread, we're in a moderate pandemic!

 

[Artful Dodger]

Elon's totally unhinged. I get that he's frustrated, but being the CEO of a public company carries with it a responsibility to your shareholders.

U leverage, bruh?

 

[Beltsbear]

The truth is Tesla isn’t worth as much without musk. Disagree all you want. I’m not happy about this, but in no way does the vision go on without musk

Really not true. Half of Tesla's value is its amazing and unusually smart employees. If these actions deter them, we have an issue. If firing Elon keeps them, its the best thing to do. If keeping Elon makes more of them happy, thats the best thing to do. i have no idea what they think, though as many of them own stock, I am sure they are not happy right now.

Tesla does not need Elon as much as SpaceX does. Tesla might slow down innovation without Elon, but they have a huge head start. Auto and battery is not an issue, self driving might be if he leaves.

 

[Chocochip]

Boy, what a dick. It's one thing when Musk goes off the deep end while trying to defend himself against a cave diver (even if he goes too far), or to defend his employees/suppliers from government intervention (even if he goes too far).

Today he's [intentionally] actively harming Tesla employees and investors, many of whom have been with/behind the company for many years.

What a dick. Grow up, or shut up.

Here's a totally ridiculous, crazy thought: what if it's the whole "the cure can't be worse than the disease" approach? Where he came to the realisation that playing ball with the authorities results in some of Tesla's suppliers going bust, which results in severe delays in resuming production even after the factory can reopen, which will sink the SP and hurt employees' stock options anyway? Damage the SP now intentionally to get everyone's attention? Also, it's not really insider trading, he didn't release any material info on the company, he just gave his opinion on the SP...

Now if you'll excuse me, I'll just go back to my corner and resume laughing hysterically.

 

[azaz]

I'm honestly not even that mad at Musk that much. he has his peculiarities, its the Board that totally failed to do their job here,

I mean this man has been going on for days about the absolute fringest of conspiracy theories (the C19 death toll is artificially inflated for govt fascism) and yet they did nothing to step in.

 

[Mike Smith]

Don't worry, he's just setting up the shorts for a Battery Day beat down. Everything is normal here..

 

[TheTalkingMule]

All BS aside. Is he allowed to talk about the stock price in this matter? Does this go against the settlement? Did he actually do something legally wrong here?

Since he's said it multiple times before, I can't imagine there's much case for manipulation.

 

[mongo]

No. He will probably lose CEO but will keep his shares. Bonus scheme still applies if he is chief product designer which SEC can't remove him from as it's not a regulated position

"Mr. Musk must also remain as Tesla’s CEO or serve as both Executive Chairman and Chief Product Officer,in each case with all leadership ultimately reporting to him, at the time each milestone is met in order for the corresponding tranche to vest. "
https://ir.tesla.com/static-files/55362f0a-ee8a-4fcc-ba11-cc09194974b6

 

[Cherry Wine]

Does anyone remember the terms of the previous SEC settlement? What was the punishment for violating the terms again, which I am pretty sure he has done here? I believe he will be removed as CEO, correct?

No, I believe it was escalating financial penalties.

 

[powertoold]

Elon's never been someone who cared deeply about his wealth. If he did, Tesla and SpaceX would have died.

 

[avoigt]

Elon tweet - “stock to high imho“

He did say this in the last 7 years at least 3 times I do record but its been likely more often. Remember where the SP was in 2013 and where it is now?

Its nothing new here to see he just does that from time to time and it did not have any impact for long term investors at all.

 

[Chartered321]

Fear and greed again...
Love how a tweet freaks people's mind out
You're just humans I don't blame you though. Better to have a vision next time though.
Maybe with a model or some P&L projections

 

[gene]

Either hacked or drunk. But if he was hacked, the tweets would have been even worse. My guess, girlfriend broke up with him and drunk.

 

[Green Pete]

Does anyone remember the terms of the previous SEC settlement? What was the punishment for violating the terms again, which I am pretty sure he has done here? I believe he will be removed as CEO, correct?

Does anyone remember the terms of the previous SEC settlement? What was the punishment for violating the terms again, which I am pretty sure he has done here? I believe he will be removed as CEO, correct?

Elon Musk and SEC reach an agreement over tweeting - CNN

 

[HG Wells]

I now have more Tesla than I have ever had.
Time to put the tent and sleeping bag back in the car in case the wife finds out.

 

[Pras]

Wtf happened here? Suddenly so many comments? Did I miss anything?

 

[Glamisduner]

I think Musk might be too high again.

 

[SarahsDad]

This is a possible explanation
https://twitter.com/eenmakkie/status/1255879552187994112?s=21
Hydrogen Economy on Twitter

#tesla $TSLA if @elonmusk is double smart now, he will place next week a very large (7-10B$ )stock offering at large discount and below the 100B$ market cap. Main strait won’t like to hear 1B$ bonus when most had to swallow pay cuts. &26M people out of job. =bad advertising

 

[azaz]

He's still tweeting like a deranged conspiracy minded lunatic. How does he not realize what he's just done? He's done as CEO.

Elon Musk on Twitter

 

[JBRR]

I dont think tesla is getting their credit rating upgraded afterall