What jurisdiction would Elon face suit? UK? Thailand? Is Vern considered a public figure? Did Vern publicly impun the reputation of Elon as a public figure? How wide spread did Vern’s accusations of Elon published in global media spread? Does Elon’s response constitute free speech in response to a claim against himself, which was baseless and without fact?The reason why I believe elon's tweets and the unsworth scenario is linked to stock price is because a settlement affects elon's personal wealth.
Elon's personal wealth matters because of how much tsla stocks he pledged to get a loan.
Sorry to say, but this is a potential vector to bring down tsla.
This is a legal minefield that will go nowhere. It’s all media theater.
As to stock movement , where’s the volume? I think the only reason this stock moves outside of actual numbers from official channels or Elon stating official numbers or indicating something to do with actual numbers— is due to non stop media reports by the usual suspects (isn’t strange the same networks and personalities always appear to talk about Elon/Tesla badly?)
The noise wall of media is relentless and the only reason is to manipulate the stock. So all undue stress you may be experiencing may have to attributed to tuning into the noise.
Wait for the sales numbers. Wait for the q3 report or any early releases of numbers. Any indication of orders, indications of production stability, indications of deals...
The rest is noise and attack profiles of those who want Tesla to slowdown, fail, or lose demand momentum.
The vehicle is amazing. You literally can’t go back to a gas car after experiencing the control and acceleration. Nothing on the road like it (yet).
Same goes for the solar/storage products. The app is amazing and who would of thought your electricity would be fun and cool and something you actually think about as such? The average American spends no more the 4 minutes thinking about electricity... so this is really amazing.
Again, hold judgement for the q3 numbers and guidance.