This brought a lot of people out of the woodwork. It’s nice to see everyone’s true colors.
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where did you see that?
And this is where his mind plays tricks on him.
You can have the best product in the world, if the image is ruined nobody’s interested.
It’s uncool.
Tesla is becoming uncool through his fallouts.
Interdasting. Would Elon fly straight to Shanghai or stop for fuel somewhere? Range seems to indicate there's a 10% buffer.
I get nowhere near the rated range on my Tesla's. But not going near the posted speed limits might have a correlation?
No offense, but if you're skin is that thin you should prob not be in the stock, or many stocks. Or maybe you're over extended. Get balanced out and check out for a couple years.Man.... not a good day. I'm worried Musk and the board may separate, and Musk may step down at CEO.... I hope to god I am wrong but this is a real possibility.
@elonmusk: "If you think Tesla is overvalued compared to probable value of future cash flows, sell. Otherwise, buy."It's just a factual statement. He's trying to get people to think rationally.
This would read rather awkwardly if Q3 cash flow was a disappointment.
I think the SEC would have a problem with that too, and Musk wouldn't have much of a case.
I think he would still have to file Form 4’s. I might be wrong here but I think anytime you own over 10% stake you must file as an insider.
Though there is a 3 day lag in reporting. You are required to file 2 business days after a trade.
The way this story words it falls in line w/ that....Elon Musk on Twitter
Elon appears to believe that the judge views the settlement as too much. Lets see if he's actually right over the next week.
As long as he wasn’t privy to material information not available in the public domain there is no restriction that I know of.Oh yes absolutely file the forms. But do they prevent him from buying? Not sure about the 'insider' part though. My understanding is the Saudi PIF stopped shy of 5% to avoid the publicity. But again *my understanding* was that the >5% ownership triggers the need to state you intentions. I'm not sure if that restricts further purchases.
Surely someone here knows? Shirley?
Musk should counter sue the SEC. They need to tell the world why they do not punish lies by short sellers and media.There's some truth to this but that doesn't mean it's a wise move to publicly mock the SEC while simultaneously trying to finalize a settlement with the SEC, and apparently navigate a separate SEC investigation over model 3 production numbers. This move will only increase the resolve of the SEC to use its power to take Musk down however it can.
Napoleon died being poisoned and abandoned by all his buddies. While winning plenty of tactical battles he butchered his country which never recovered and never returned to the time "le Roi Solei". Just saying.Any "FUDsters" are no doubt standing back and being Napoleonic.
“N'interrompez jamais un ennemi qui est en train de faire une erreur.”
I estimate Elon could borrow approx. $13.6B* against his shares in SpaceX
I am glad [Elon] spoke up to his million followers including some big names.
He should also then "bribe" the ad agencies/media/etc by doing at least some advertising. They might change their tune a bit. I don't see much downside to it.I didn't mean "bribery" as a crime, I meant Elon should use the various legal ways to bribe politicians in the U.S.:
In many other countries many of these would indeed be bribery, in the U.S. it's apparently a First Amendment right of your money to speak.
- "Funding political action committees",
- "Giving campaign contributions",
- "Funding super-PACs",
- "Funding think tanks",
- "Funding lobbyists",
- etc.
These are existing, legal weapons, they are tools that Elon should use for good purposes, because his opponents are sure armed to the teeth and are using them all the time ...
I used 4 years of cash flows for already-planned Falcon 9 launchs and a multiple of 24x cash flow to Market Cap (sames multiple as Boeing Aircraft NYSE:BA). Those assumptions value Elon's SpaceX stake around $19.7B, of which he could borrow around 70%, estimated of course.SpaceX is valued at $27.5b:
Elon Musk Trust owns 54% of SpaceX common shares, and 78% voting control (per WikiPee)Elon owns maybe 60% of it, which is $16.5b. He wouldn't be able to borrow nearly as much though - but a couple of billion certainly.
Shorts lied about 2018Q3 production and deliveries. Now they're goading the SEC to investigate fraud on production numbers. How confident are you that shorts and FUDmeisters will magically stop when confronted with 1 quarter of positive news? [BTW, parts of the GOP are still trying to repeal FDR's New Deal enacted between 1933-36. These guys will not quit.]Not sure he has to do any of this: Q3 financials are only ~3 business weeks away.
lol, he is as transparent as anybody can be. And definitely he doesn't like chess. The team he would assemble if he wants, would definitely do much more than that. But I don't see this happening.Obviously Elon is trying to create controversy on purpose. It's not lack of control. He's a gambling man with a strategy. He's getting his chess pieces in position for check mate, or "short burn of the century" as he calls it. I know he predicted it to happen sooner, but he's been known to be late. "I would never bet against Elon" is common sentiment for a reason. Luckily I have some dry powder for tomorrow.
his issue is with index funds managers making money by the lending shares they don't own personally, which are used to suppress or drop value of respective companies. Which would also mean that the owners of these shares actually are loosing real money.His issue seems to be that index funds lend out the shares they own in order to make stock lending fees.