Tesla: Wall Street scam in plain sight

Discussion in 'Markets & Economies' started by mmm....shiney!, Feb 25, 2015.

  1. Silverthorn

    Silverthorn Well-Known Member

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    5 maybe if they start spending billions today. It will most likey be 5 before they get serious about it and by then the model Y will be out. Hyundai have an EV that got even tesla fanbois excited. Hyundai apparently are only making a couple of thousand.
     
  2. Pirocco

    Pirocco Well-Known Member

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    Tesla has ran a... marathon?
    Eh, all they did so far, was accumulating losses.
    So far, Tesla hasn't had a single profit year in its entire existence.
    One could now say, okay, it's new technology, research, WooHA INVESTMENT, that always is a time consuming process to profit.
    BUT HEY HEY: if that had been the explanation, then loss should gradually drop.
    Tesla's case is the exact opposite, their highest loss years are the most recent.
    And Musks other Disney Saga, named SpaceX, so far was only advertisement at a ridiculous cost: shooting a car into space.
    Musk has alot in common with governments: filling own pockets with other peoples money and use what is left as propaganda.
    Propaganda, that gets more insane by the day, with the latest being Musks SpaceX following up the after a couple spectacular disasters abandoned Space Shuttle program.
    And for what? Man On The Moon. What benefit did it have to all those that paid that hefty price tag?
    Why would "Man On Mars", or anywhere in space, be different?
    It's all just a show, that must go on to continue filling the own pockets.
    And it will end like always: just another -gate.
     
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  3. Pirocco

    Pirocco Well-Known Member

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    An explosion is due to a build-up of pressure beyond a storages mechanical strength.
    Petrol only explodes when locked up in a tank.
    Batteries are also inside a container, so a build-up of pressure also possible.
    And, especially modern types, batteries have a number of dangerous elements.
    To increase energy density / make them small enough, the insulating separators between the elektrodes are very thin. A metal fragment that hits and penetrates such a battery, easily causes a short circuit and its massive heat buildup. And then there is the flammable liquid, that starts burning when enough heat, and when oxygen then arrives at a multiplied speed. Aside of this, the liquid consists of elements that burn your skin.
    Both are a fire danger yes, but a battery can explode too.
     
  4. Silverthorn

    Silverthorn Well-Known Member

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    Your post indicates you aren't doing your own homework @Pirocco and are just regurgitating stuff from the interwebs which is often from dubious sources.
     
  5. Pirocco

    Pirocco Well-Known Member

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    Your post indicates a denial without arguments, and therefore an empty box in a discussion.
     
  6. Gullintanni

    Gullintanni Well-Known Member

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    SO i am not a huge follower of Tesla but with Musk saying he wants to take the company private i get the feeling that a profit will not be far off.
    It looks to me from the outside that he has used investors to get exactly where he needs to be and now that PROFITS might be on the books he wants to shut out everyone else now that the major risks have been dealt with and keep as much profit as possible to himself and a smaller group.
    Is that a fair interpretation?
    Basically spread the risk over many investors and now that he has his stuff sorted he wants to get rid of all those investors that helped him and not share ?
     
  7. willrocks

    willrocks Well-Known Member Silver Stacker

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    That will never happen. Musk is probably only talking about privatisation so more people will buy/hold worthless Tesla shares in the hope there's some type of buyback.
     
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  8. Gullintanni

    Gullintanni Well-Known Member

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    Thanks Will

    EDIT: i see that at least one trader has already filed a lawsuit because of the twitter from musk about getting the funding to go private.
    Of course he was a short seller that got panicked (justifiably) and lost a bunch of coin .
     
    Last edited: Aug 14, 2018
  9. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    There will be many lawsuits, and not just from shorters, a lot of buyers saw an opportunity to make money on the upside buying at $350 when the Musk tweet came and bought looking to sell at $420.

    As for shorters, any that had MARGIN called and had to liquidate, will be queuing to sue, not Tesla but Musk in an civil suit.

    Tesla as a corporation SEC will give them a fine.... Even if it is few million dollars who cares.... pffpfpt

    Personally Musk is on the hook for big financial payout, the way I see it, he is cooked and will lose many or all the suits against him in the civil cases to come..... Remember he is not a pundit, a commentator nor an analyst... He is the CEO

    Musk at Tesla.... depending on the fallout, I can see the board pushing him out.
     
    Last edited: Aug 14, 2018
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  10. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    There are dissenting views on that Ipv6, some legal eagles are of the opinion he was manipulating the market, others argue he is a perennial Twitter Tart so this is the norm for him and nothing different to what he's done previously.

    I'm in the Musk Is Getting Desperate camp and view it as a violation. You can get away with it in crypto world at the moment, but not when $billions of institutional and retail funds are at stake in mainstream markets. If Musk goes to the wall over it it will serve as a good reminder to other CEOs to be cautious. If he does go under he will bounce back though as he is an entrepreneurial genius, if that happens let's hope he doesn't suck the chafed nipples of the taxpayers in the future.
     
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  11. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    I dont think it matters in a civil case....

    If the jury knows, Musk got a SEC fine, why would the jury not side with a investor that said, I believed in Musk when he said he has secured funding, so I saw an opportunity and bought.

    The tweet have an exact time stamp, also for the shorters, if a lender called margin after tweet when price spiked from Musk a CEO of the company, what jury would not believe that had the tweet not been made, the stock would have stayed at $350 and no margin call would have been made.

    In Australia I can see difficulties, but USA are the champions of lawsuits
     
    Last edited: Aug 14, 2018
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  12. Silverthorn

    Silverthorn Well-Known Member

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    The tweet itself doesn't seem to be an issue apart from the funding secured part. That will either be true or not, time will tell.

    Most likely Musk has been in close contact with the major investor during the ramp up of the Model 3 and has them on board. Small investors can stay in under a similar scheme used in SpaceX. The Saudis bought a significant stake recently so there are a lot of possibilities in play.

    Musk has said in the recent shareholder meeting they will be non-GAAP profitable from now on so that shouldn't be a surprise to anyone.
     
  13. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Silverthorns, very true if Elon has contracts signed ie secured, even if the board doesn’t know anything about, than there is no issue. Which will be very simple to prove SEC.



    Can you imagine if the CEO of Newcrest tweeted 1m OZ proven reserve found in thier allotment, what that would do to Newcrest shares...

    but later it turned out that only the geography of allotment looks like it potentially have 1m resource and he wanted punish the shorters
     
    Last edited: Aug 14, 2018
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  14. aleks

    aleks Well-Known Member Silver Stacker

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  15. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Last edited: Aug 15, 2018
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  16. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Tesla is now a Ponzi scheme

    Tesla board is getting outside lawyers protect themselves from lawsuits.
     
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  17. Gullintanni

    Gullintanni Well-Known Member

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    The tweet IS THE WHOLE ISSUE.
    If Musk can not prove that at the time of the tweet he had the funding secured he is going to lose BIG BIG BIG dollars.
     
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  18. barneyrubble

    barneyrubble Well-Known Member Silver Stacker

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  19. leo25

    leo25 Well-Known Member Silver Stacker

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    funny how this photo turned out to be true :D well you can't say he didn't try and warn all his sheep followers.

    [​IMG]
     
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  20. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Classic Pump and Dump.... but Elon forgot to dump.

    Shouldn't be laughing I probably have shares in Tesla via mutual funds
     

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