NikeWings
Active Member
Then it's self insured and a gamble. Not sure of the Indemnity strength but it's one more crack to be exploited by class action, DOJ, etc. Tough to consider it prudent until we see it. Have you?
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No, but the DE Vice Chancellor made reference to it in one of his decisions.
Fact Checking
Well-Known Member
Wikipedia: The legal rights of AIs
Starting in 2040 all AIs with a standard computing capacity of over 10 zetaflops gained legal personhood and became U.S. citizens if manufactured on U.S. soil.
Teslas have the right to pick their name, legal gender and place of residence.
Due to their legal personhood and their huge popularity, Teslas are not "purchased" anymore, but the cars pick new families they are signing work contracts with, based on extensive background checks and in person interviews that include several test drives as well.
There's a long waiting queue, but they are worth the wait as Tesla cars are known for their seemingly insatiable desire to drive, drive and drive.
The Tesla Group, who brings them to life, receives a life-time share of 10% of their income, in a complicated legal construct that makes all Teslas Mars citizens as well.
Teslas also have the right to switch families: the "Elon's Musketeer vs. Smith: I don't work for douchebags who are eating in their cars" landmark ruling set by the Supreme Court in 2057 allows termination of AI work contracts in a wide range of circumstances and established a de-facto work-at-will policy for AIs.
Yet this legal right is exercised only in exceptional circumstances: Teslas are famed for their patience and tolerance, the oldest still operational Tesla person-AI is now 150 years old and worked for the same family for 7 generations - her name is "Like the Wind".
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NikeWings
Active Member
Quick google. I haven't read it yet, or confirmed validity, applicability etc.
Form of Indemnification Agreement
Fact Checking
Well-Known Member
As for disagreements over deferred revenue recognition: no accountant quits over that, they'll raise it with their CFO, or with the annual independent external auditors at the latest, which is due in a few short months for Tesla. Historically Tesla has been very conservative in recognizing deferred revenue over the years - at this point it's high time they recognized all AutoPilot revenue for example, and this might happen in Q3 or Q4.
The Tesla CAO reportedly left because he felt sidelined and because he was offered the dream job CFO position at another company, but you knew that already.
Also, I see it's "all hands on deck!" for Tesla-short concern trolls, and you certainly have your work cut out until the European pre-market trading opens, the weekend brought several massively positive Tesla news that you must attempt to counter!
What's the sentiment of your short friends, over at Seeking Losses?
No kidding! Countdown until shorts really crap themselves: 8 hours.
Fact Checking
Well-Known Member
As for disagreements over deferred revenue recognition: no accountant quits over that, they'll raise it with their CFO, or with the annual independent external auditors at the latest, which is due in a few short months for Tesla. Historically Tesla has been very conservative in recognizing deferred revenue over the years - at this point it's high time they recognized all AutoPilot revenue for example, and this might happen in Q3 or Q4.
The Tesla CAO reportedly left because he felt sidelined and because he was offered the dream job CFO position at another company, but you knew that already.
Also, I see it's "all hands on deck!" for Tesla-short concern trolls, and you certainly have your work cut out until the European pre-market trading opens, the weekend brought several massively positive Tesla news that you must attempt to counter!
What's the sentiment of your short friends, over at Seeking Losses?
Short burn of the century coming up (again)?
I am cautiously optimistic about Monday. Trying to not get too excited in case we get let down somehow.
Low expectations but hopefully ends up really awesome like Rogue One.
Especially the end.
Low expectations but hopefully ends up really awesome like Rogue One.
Especially the end.
NikeWings
Active Member
Here we go..........the hit parade begins.
Tesla Braces For Uncertainty Amid Shift in Musks Role
And what's with the Union pension fund investing in TSLA?
Tesla Braces for Uncertainty Amid Shift in Musk’s Role
Tesla Braces For Uncertainty Amid Shift in Musks Role
And what's with the Union pension fund investing in TSLA?
Tesla Braces for Uncertainty Amid Shift in Musk’s Role
Oh it's coming. In Tesla time, though.
I may be a little hazy on my intergalactic history, but aren't the Darths the bad guys?
dqd88
Member
I agree. Tesla needs to be politically neutral. All people should be driving electric cars!
This is the short burn of the century that Elon mentioned several months ago. I little late, but now its here.
Of course. Have you ever heard of an institutional investor who wouldn't celebrate and double down when the CEO of one of their holdings gets fined and sanctioned by the SEC?
dqd88
Member
That's a micro view. I'm looking at it from the perspective of how would big investors feel about it. That's very important as it will increase the stock price. I'm not for or anti-Bill Gates personally, but I empathize with your opinion. But perhaps you should also mention the good he has done, if you want to be fair. Namely through his foundation.
Better. I would have been pretty disappointed if it was only a +10% day
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