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Elon Musk definitely makes some bad decisions from time to time. Like the autopilot blog he said he would post within ~12 hours and then blew off. Why set yourself up to fail like that?
If he'd done what he said he'd do, the blog would have been on the website long before the Falcon 9 blew up.You wouldn't consider one of his rockets exploding a slightly higher and immediate priority then?
You wouldn't consider one of his rockets exploding a slightly higher and immediate priority then?
But I agree in principle, Elon should stop announcing things he's going to do, just publish it when ready.
If he'd done what he said he'd do, the blog would have been on the website long before the Falcon 9 blew up.
Just to provide the facts:
- Musk tweeted at 8:25 am california time on the 31st that he would post the blog later that day. That means the deadline was no later than 12 pm on the 31st.
- The Falcon 9 blew up at 9:07 am Florida time, or 6:07 am California time on the 1st. At least 6 hours after the blog was supposed to be up.
Thanks a lot for posting the above link to the article. Here is an interesting quote from the article:
'[...] and Wednesday’s regulatory filing showing he has put up an additional $489 million of his Tesla and SolarCity stock as collateral to secure personal borrowings. The pledged shares are stripped out of his total net worth calculation because they’re not immediately available to him. The borrowing is for personal liquidity; he doesn’t even accept the $37,584 minimum-wage salary Tesla is required to pay him.'
What could be the purpose of this money?
Positive: EM wants to add to his SC position again.
Negative: EM needs the money for SpaceX after the latest incident with the Facebook satellite destroyed?
Any thoughts?
Edit:
Any chance that these are the additional shares that have been added to shares available to short?
Option 4 is likely but if it happens , it will put even more clouds on Elons ability and will show that he's desperate.
Elon Musk definitely makes some bad decisions from time to time. Like the autopilot blog he said he would post within ~12 hours and then blew off. Why set yourself up to fail like that?
Apparently "pounding the table" doesn't have the effect it used to... LOL
Baird Pounds the Table on Tesla Motors Inc (TSLA)
My thoughts remain the same. All good.
Eh. It seems to be pretty reliably bouncing off $200 for the time being. Yesterday was the meat of the fall, I don't consider the ~75c we're down today to be much of a concern. That's normal intra-day drift for $TSLA, especially when shares available to short > 0. Once the shorts run out of ammo, it should start going back up again.Tesla stock just keeps falling, so bad!
Thanks for posting.
The poster mentions pics on snapchat.
Could you find any pics that confirm this rumor?
I did not find any pics so far.
One can keep repeating what Elon says and apply anywhere. First principles are good to handle technology issues but valuing a company that you are a majority shareholder where 16 other prospects have not come even closer to the proposal, I am skeptical. If you have a reason to understand and share how Elon applies that logic for scty deal, that will ever very valuable rather than just repeating all Elon says is gold.To say something like this is to not understand the man. Or you're projecting yourself. I think both.
Desperation is not pragmatic. Elon Musk is arguably the most pragmatic individual on the planet. He's so pragmatic he's off the pragmatic scale. Desperation serves no pragmatic purpose. Elon looks at situations/problems from a first principle's view. *All* of this stuff you and some others are nervous and chattering about is nothing more than solvable questions. If you want to know how it ends, you should be looking at the SCTY merger and the questions swirling around it from a first principle's view. Granted, that'll be tough since many can't wrap their brains around being that pragmatic about money.
Most recently, he borrowed $65M more to buy the Solarcity bonds.