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This adds some important context to Elon's interview tomorrow:


Given it's at Ari Emanuel's recommendation, I imagine Tesla will not be the main topic of discussion, despite the timing.
There may be some significant announcements during the shareholder meeting that immediately precedes the interview. Breaking news is a big deal to the media. Elon may be counting on that to dominate the interview.
 
All 5 shares? ;)

EDIT - apparently they jump in an out of TSLA quite frequently:
Not that frequently, and this looks to be their largest sale https://fintel.io/so/us/tsla/point72-asset-management
 
You are wrong about that. There is no legal contract that results when coersion is used to force one party to accept damaging terms of a contract. This is clearly what the SEC did by holding their investigation over the heads of Tesla, threatinging access to capital markets during a critical growth phase before the company was self-funding.

The SEC did this knowingly and inspite of knowing they themselves were breaking the law. And the individuals who made that decision at the SFO office of the SEC did so in full confidence that they would be retired and in some cushy Wall St. Directorship 'job' before Elon and Tesla could have a day in court. Likely never, since Tesla would have been o.o.b.

Elon Musk on Twitter: "@PPathole @WholeMarsBlog The San Francisco office of the SEC were shameless puppets of Wall St shortseller sharks, while doing nothing to protect actual shareholders. That is why I lost all respect for them." / Twitter (Apr 25, 2022)​

Don't rewrite history to make it more palitable for your sensibilities. Not all criminals work for the SEC, but some certainly do.

#SEC #DIRTYCOLLARCRIME
I'm not saying it wasn't all of that.
That's how law and contract can be played.

Who hasn't been surprised at some time by not understanding the consequences buried in the fine print.

Or, from expecting people in legal matters to behave honorably and being disappointed.

The tricky bit is proving coercion played a part.

It is worth his effort trying to overturn this, but the weasels have the home court advantage.
 
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  • Informative
Reactions: Tes La Ferrari
Elon commented a few days ago that the economy is about to receive an enema. Now he's setup all new hires at Tesla to require his approval, which is an indicator of tightening spending. Seems like Elon is anticipating a significant worsening of the economy in the short term. That matches expectations I'm seeing from others looking at charts, inflation, wages, housing, and banks.

My expectations are perhaps the lowest they've been for a shareholders meeting. I also don't expect Burnt Hair is related to any short burn at this time. Perhaps it was related to starship launch.

I'd be happy to be wrong on this.
 
Similar to a number of years ago when he wanted to approve, or have Deepak (CFO at the time) approve, every expenditure (maybe above a threshold, don't recall). Whether we like his tactics or not, he's sending a message.
The tactics are very good, it's one of the reasons Tesla has best-in-class margins (despite what you may read in the "press")
 
So many negations. This is what bard says:

What does this mean:​

Delaware’s Supreme Court on Monday overturned a judge’s ruling upholding a decision by state officials to prohibit electric vehicle maker Tesla from selling its cars directly to customers.​

View other drafts

The Delaware Supreme Court's decision means that Tesla is now allowed to sell its cars directly to customers in Delaware. This is a victory for Tesla, which has been fighting for the right to sell its cars directly to customers for several years. The state of Delaware had argued that Tesla's direct sales model would harm existing dealerships, but the Supreme Court found that the state's law was unconstitutional.
The Supreme Court's decision is a significant victory for Tesla and could have implications for other states that have laws prohibiting direct sales of cars by manufacturers. It is also a victory for consumers, who will now have more choices when it comes to buying electric vehicles.
 

A dishevelled Elon Musk joked that he had slept “in the car” before a meeting with French President Emmanuel Macron, hours after the billionaire was seen partying.


I have slept in a car before, but not right before meeting the president of a country.
Those nights I chose a bed 🛌.
 
You are wrong about that. There is no legal contract that results when coersion is used to force one party to accept damaging terms of a contract. This is clearly what the SEC did by holding their investigation over the heads of Tesla, threatinging access to capital markets during a critical growth phase before the company was self-funding.

The SEC did this knowingly and inspite of knowing they themselves were breaking the law. And the individuals who made that decision at the SFO office of the SEC did so in full confidence that they would be retired and in some cushy Wall St. Directorship 'job' before Elon and Tesla could have a day in court. Likely never, since Tesla would have been o.o.b.

Elon Musk on Twitter: "@PPathole @WholeMarsBlog The San Francisco office of the SEC were shameless puppets of Wall St shortseller sharks, while doing nothing to protect actual shareholders. That is why I lost all respect for them." / Twitter (Apr 25, 2022)​

Don't rewrite history to make it more palitable for your sensibilities. Not all criminals work for the SEC, but some certainly do.

#SEC #DIRTYCOLLARCRIME

BTW, why did you copy that one line of my post, and leave out the line, copied below, which clearly addressed a remedy in regard to your concern about coersion?

"The only way for a court to have cause to act would be to somehow demonstrate that the contract is unconscionable in order to be nullified"

By ommision, you painted what I wrote out of context. Not really what I would expect from you. Were you trying to demonstrate how to rewrite history to make your response more palatable for your sensibilities?

I think we are on the same side, only I no longer get emotional about the fact that the people involved in the legal system are highly trained in trickery and deceit hiding under the guise of honor and trust.

Despite how it should be, this is how it is. If they are to be beaten, it will be done using the rules the same way they do.
 
So there are basically 2 types of people who pay attention to CNBC.

  • People over 70.
  • Shorts.

Which is Musk trying to address here? Maybe Burnt Hair has special anti-aging properties?
Ogre: SOME people over 70. Please don't lump all of us geezers together. Thank you. Oh wait, what were we talking about? Uh, never mind.;)
 
BTW, why did you copy that one line of my post, and leave out the line, copied below, which clearly addressed a remedy in regard to your concern about coersion?

"The only way for a court to have cause to act would be to somehow demonstrate that the contract is unconscionable in order to be nullified"
Don't take it personally. I am busy (these are 16 hr days, 5-yrs now, less sick time and funerals). I generally stop reading a comment after the first incorrect assumption. I'll reread your entire statement... You began with the 1st-Person voice, as if stating your own opinion. Perhaps if you'd described this as the SEC's position rather than your own, we would not be here right now (sidebar follows).

Were you a high school debater? Here's an example* of the basic structure of an argument:
  1. Major Premise: ie: "All Men are Mortal"
  2. Minor Premise: "Plato is a Man"
  3. Conclusion: "Therefore Plato is Mortal"
In debate (the classical form is based on the study of Greek rhetoric), if you can demonstrate that either the major or minor premise is false, the argument is not made (not compelling; not agreed upon).

By omission, you painted what I wrote out of context. Not really what I would expect from you. Were you trying to demonstrate how to rewrite history to make your response more palatable for your sensibilities?
You missed the mark, while attempting distraction with a strawman argument. Your additional statements (which I did not quote in my first reply) also did not address the actual issue I raised, which is SEC's "valid contract" basis for denying Elon's 1st Amendment right to free speech. BTW, the link to your complete comment did appear in my reply, for anyone with the time and interest to follow up.

The SEC used duress to force Elon to accept a multi-million dollar penalty (which he knew was unjust) to avoid the death of his multi-billion dollar company. The SEC knew that too, that's the 'intent' part of their misconduct, which itself should be reviewed by the Courts. This is not a valid contract under basic tort law (also at the high school level). To continue the dissection of the SEC argument, their position is that:
  1. Constitutional 1st Amendment rights can be surrendered via contract,
  2. Elon entered a valid contract with the SEC to accept limits on his free speech, and
  3. Therefore Elon surrendered his first Amendment rights.
I hold that the Minor Premise #2 above is false: The contract is not valid because it was entered into under duress.

"A party who is forced into an act or contract under duress can rescind the contract, rendering it null and void. In a duress defense, the party admits to committing an act, but unwillingly. Even though the act was illegal, the act was entered into under extreme pressure or threat to cause bodily harm or even death."​
Duress - Overview, Requirements, and Categories | CorporateFinanceInstitute.com (Dec 10, 2022)​

BTW, the Major Premise #1 above is also likely false (due to the "certain unalienable rights" phrasing of the preamble to the US Contitution. As in, "No, SEC you don't have the legal right to place limits on free speech" regardless of the mechanism. But as a strategy in Court, you'd likely focus on your strongest argument.

Pro Tip: this is not about you or me. This is about the SEC, their dubious conduct, and how it continues to have negative effects upon Tesla investors. It's at times like this when I miss @Fact Checking (top-notch amateur legal mind, now lost to the twits...). :D

I think we are on the same side, only I no longer get emotional about the fact that the people involved in the legal system are highly trained in trickery and deceit hiding under the guise of honor and trust.
Why not just say it outloud then? These are mafia-like crooks in expensive suits, and need to be held accountable. Big Carbon is paying these big legal bills, along with the Wall St. banksters who finance them. It's obvious now (has been since 1978) that the root cause of enviromental, climate, and human rights issues world-wide is Wall St. greed and avarice, with their unquenchable thirst for more dirty fuels, moar dirty money, dirty lawyers and dirty politics.

Despite how it should be, this is how it is. If they are to be beaten, it will be done using the rules the same way they do.

Do you think Big $$$ can be beaten at the game they invented and rigged, at the Casino they built? I don't (Elon won two legal cases last week; the losers have already refiled the same suits). It's endless, like their greed. The trick with these groups is that they don't actually give a *sugar* about whether or not something is true, or if their case is false. The trial is just for show, the results are decided in advance. They just keep going no matter what, as long as they have $$$. And their casino lets them print unlimited money, no wonder they love the game. They won't stop, or accept defeat.

Gloomy? No! The secret is to change the game. HOW!? Make a better game! One which is sustainable. Changing the Game is Elon's superpower. Rockets? Reuse 'em! Dirty Cars? Electrify 'em? Boring Traffic? Boring-Co! Wi-Fried? Sky-Net! Save the Earth? Make a backup! That's how we win, by challenging assumptions, and proving them false (they said we couldn't but we did it anyway).

This is why I fight (Artful Dodger | TMC, March 11, 2020).

Cheers!

#SEC #DIRTYCOLLARCRIME #REFUSETOLOSE #CHANGETHEGAME

*BTW, wrt Plato the Major Premise is false because all Men haven't died yet, so it is TBD if all men are mortal (even though Big Carbon may tries hard as they might)
 
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Pennsylvania is a big state and by state law (thanks of course to pandering to auto dealers) Tesla is only allowed 4 sales/service locations which are in to the densest population centers. But even with this limitation I see Teslas everywhere here in in NEPA now. There's no putting the genie back in the bottle any more.
Texas is fighting back against the genie as the no store limitation isn't working based on all the Teslas seen on the streets. $400 to register a new EV plus $200/year registration fees.
 
Don't take it personally. I am busy (these are 16 hr days, 5-yrs now, less sick time and funerals). I generally stop reading a comment after the first incorrect assumption. I'll reread your entire statement... You began with the 1st-Person voice, as if stating your own opinion. Perhaps if you'd described this as the SEC's position rather than your own, we would not be here right now (sidebar follows).

Were you a high school debater? Here's an example* of the basic structure of an argument:
  1. Major Premise: ie: "All Men are Mortal"
  2. Minor Premise: "Plato is a Man"
  3. Conclusion: "Therefore Plato is Mortal"
In debate (the classical form is based on the study of Greek rhetoric), if you can demonstrate that either the major or minor premise is false, the argument is not made (not compelling; not agreed upon).


You missed the mark, while attempting distraction with a strawman argument. Your additional statements (which I did not quote in my first reply) also did not address the actual issue I raised, which is SEC's "valid contract" basis for denying Elon's 1st Amendment right to free speech. BTW, the link to your complete comment did appear in my reply, for anyone with the time and interest to follow up.

The SEC used duress to force Elon to accept a multi-million dollar penalty (which he knew was unjust) to avoid the death of his multi-billion dollar company. The SEC knew that too, that's the 'intent' part of their misconduct, which itself should be reviewed by the Courts. This is not a valid contract under basic tort law (also at the high school level). To continue the dissection of the SEC argument, their position is that:
  1. Constitutional 1st Amendment rights can be surrendered via contract,
  2. Elon entered a valid contract with the SEC to accept limits on his free speech, and
  3. Therefore Elon surrendered his first Amendment rights.
I hold that the Minor Premise #2 above is false: The contract is not valid because it was entered into under duress.

"A party who is forced into an act or contract under duress can rescind the contract, rendering it null and void. In a duress defense, the party admits to committing an act, but unwillingly. Even though the act was illegal, the act was entered into under extreme pressure or threat to cause bodily harm or even death."​
Duress - Overview, Requirements, and Categories | CorporateFinanceInstitute.com (Dec 10, 2022)​

BTW, the Major Premise #1 above is also likely false (due to the "certain unalienable rights" phrasing of the preamble to the US Contitution. As in, "No, SEC you don't have the legal right to place limits on free speech" regardless of the mechanism. But as a strategy in Court, you'd likely focus on your strongest argument.

Pro Tip: this is not about you or me. This is about the SEC, their dubious conduct, and how it continues to have negative effects upon Tesla investors. It's at times like this when I miss @Fact Checking (top-notch amateur legal mind, now lost to the twits...). :D


Why not just say it outloud then? These are mafia-like crooks in expensive suits, and need to be held accountable. Big Carbon is paying these big legal bills, along with the Wall St. banksters who finance them. It's obvious now (has been since 1978) that the root cause of enviromental, climate, and human rights issues world-wide is Wall St. greed and avarice, with their unquenchable thirst for more dirty fuels, moar dirty money, dirty lawyers and dirty politics.



Do you think Big $$$ can be beaten at the game they invented and rigged, at the Casino they built? I don't (Elon won two legal cases last week; the losers have already refiled the same suits). It's endless, like their greed. The trick with these groups is that they don't actually give a *sugar* about whether or not something is true, or if their case is false. The trial is just for show, the results are decided in advance. They just keep going no matter what, as long as they have $$$. And their casino lets them print unlimited money, no wonder they love the game. They won't stop, or accept defeat.

Gloomy? No! The secret is to change the game. HOW!? Make a better game! One which is sustainable. Changing the Game is Elon's superpower. Rockets? Reuse 'em! Dirty Cars? Electrify 'em? Boring Traffic? Boring-Co! Wi-Fried? Sky-Net! Save the Earth? Make a backup! That's how we win, by challenging assumptions, and proving them false (they said we couldn't but we did it anyway).

This is why I fight (Artful Dodger | TMC, March 11, 2020).

Cheers!

#SEC #DIRTYCOLLARCRIME #REFUSETOLOSE #CHANGETHEGAME

*BTW, wrt Plato the Major Premise is false because all Men haven't died yet, so it is TBD if all men are mortal (even though Big Carbon may tries hard as they might)
@Artful Dodger
So, ? This is the major premise(s)?
love it, lead with it , repeat it often for all
:cool: :)
(edit))
""Gloomy? No! The secret is to change the game.
HOW!? Make a better game! One which is sustainable.
Changing the Game is Elon's superpower.
Rockets? Reuse 'em!
Dirty Cars? Electrify 'em?
Boring Traffic? Boring-Co!
Wi-Fried? Sky-Net!
Save the Earth? Make a backup!
That's how we win,
by challenging assumptions, and proving them false
(they said we couldn't but we did it anyway)."

(I've watched rocket launches since the mid late 1950's,) <==
1950's i meant 1950's , some spectacular failures
(most all in surreal time, video's, first realtime was Arabsat 6, w/flashcrowd/realcrowd)
 
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(I've watched rocket launches since the mid late 1960's,)

Me too! (since Apollo). Kids need to have dreams to aspire to, and role-models to follow, to have a healthy childhood. We owe them that, 'cuz we had one... ;)

But you didn't swing at my slow curveball? Maybe I should have picked "1988" instead? I could have easily said "1958" w/o being Capraesque. It's been "not urgent" for so long we're running out of time to turn this ship, and it steers like a pig.

Friend, you are a divine mingle-mangle of guts and stardust. So hang in there!

Frank Capra quotes
 
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