TSLA Market Action: 2018 Investor Roundtable

[Fact Checking]

I wrote this last Friday:

Incredible, so essentially the SEC wanted to implement the kind of nonsensical coup of 'independent' directors that shorts tried to get passed at the shareholder meeting to interfere with Elon's ability to lead Tesla? Who dictated the settlement terms to the SEC - was it Chanos, Spiegel or Left?

SEC stands for Short-seller Enrichment Commission, right?

So is Elon reading TMC, or is he joking like me?

Not sure which possibility I find more unsettling.

 

[sdtslafan]

Really sad to see. Clearly, Elon is not healthy. Also sad to lose money but whatever...

 

[neroden]

I feel sick. I don't understand the issue here. Elon needs a vacation.

That's the primary issue here.

 

[kyzhk]

In regard to Elon's latest tweet, I agree with what Elon Musk is thinking but it's definitely stupid of him to be tweeting such in the public. He is giving more fuel to the shorts to hurt tesla and long term investor.

Practically speaking, are there any legal repercussion from what he said? Could this affect the settlement?

 

[trayloader]

The purest definition of borderlining.
Sitting in his room, taking it all down.
Me or nothing.

 

[CuriousSunbird]

CNBC: JUST IN: Securities and Exchange Commission declines to comment to CNBC on Elon Musk tweet that appears to mock the agency days after he entered into a fraud settlement

 

[Thekiwi]

Was considering adding a small amount at todays closing price. Now I’m not.

Trying to think what an attractive price would be in the case that Elon goes full nuclear (rips up the settlement, large investors make public calls for him to step down etc). Under $200 seems like a steal given my 2020 earnings guesstimates and growth rate.

 

[lklundin]

And now observe attack by fudsters.
Use your brains.

Well, any FUD that speculates that the FUD has pushed him to his breaking point may actually be effective even among EM's most ardent supporters...

 

[Joe F]

TSLA's valuation is heavily based on Elon as CEO, like it or not.

If he leaves, there's little doubt share price will plummet to under $100 / share.

Revised offer: I'll offer you $100.01 per share. PayPal good for you? DM when ready.

 

[azaz]

In regard to Elon's latest tweet, I agree with what Elon Musk is thinking but it's definitely stupid of him to be tweeting such in the public. He is giving more fuel to the shorts to hurt tesla and long term investor.

Practically speaking, are there any legal repercussion from what he said? Could this affect the settlement?

no but he's pissing the SEC for sure now and by insulting them making it personal. not sure making enemies out of the SEC is the way to go here.

 

[Drumheller]

Agree it's not a violation, and the childishness is not the main concern. The real import is: What's going on that led to this outburst?

My guess: pressure, stress, and disappointment at the stock performance after Tesla released the production and delivery numbers. Those were turning-point numbers for anyone that has been watching Tesla, but the market manipulation and unrelenting FUD and straight up lies by the media have succeeded in suppressing the stock and mis-informing millions of people. I completely "get it" and I don't know many people that could totally keep their cool in this situation.

 

[cheshire cat]

Have I got this right ? He did NOT make a statement or claim, merely commented on a remark by another party, happens on here and elsewhere all the time. Mountains and mole hills springs to mind. We are ALL entitled to an opinion.

 

[AZRI11]

Ahh so Elon reads TMC eh?

I think fact checking is elon.

 

[neroden]

In regard to Elon's latest tweet, I agree with what Elon Musk is thinking but it's definitely stupid of him to be tweeting such in the public. He is giving more fuel to the shorts to hurt tesla and long term investor.

Practically speaking, are there any legal repercussion from what he said? Could this affect the settlement?

It could cause the SEC to back out on the settlement. Or could mean that Musk is backing out. Or could cause the judge to back out.

I am pretty sure at this point that Musk's subconscious brain is telling him to get out. He should get out and take a vacation. The company's going to be OK, Jerome and JB are good hands.

 

[theschnell]

Again, the settlement has not been finalized by the judge, so this could definitely affect the settlement. Which is why its so dumb.

 

[CuriousSunbird]

And now observe attack by fudsters.
Use your brains.

Any "FUDsters" are no doubt standing back and being Napoleonic.

“N'interrompez jamais un ennemi qui est en train de faire une erreur.”

 

[Joe F]

Super technically, this tweet doesn't fall under the terms of the settlement.
Musk

not about the allegations
Not about Tesla

Correct. And he probably wasn't in a movie theater, and certainly didn't shout "fire."

 

[copyhacker]

1) He's frustrated that the Short Burn of the Century hasn't happened and the SP is still depressed despite all the good news, or
2) He's overconfident that it's right around the corner.

Either way, this is ill-advised and blatantly so.

 

[emir-t]

This is extremely irresponsible. I want to believe this is all part of the 4D chess bear trap Elon is building (or we thought he was building) but I see no more long bullets that would carry us north of even 300$. This will only give more appetite to short sellers and FUDsters who even believe Model 3s in parking lots are cars that couldn't be sold... These guys have the power to drive the share price down as evident from post Q3 production results. I want to trust Elon but my mere mortal mind fails to come up with any sense in this move. Only logical thing explanation is that this is the same pedo argument attitude he has where he can't let go. If so unfortunately this is sad for all of us.

 

[M3Rider]

Yeah I wonder this too, but seems an extreme way to shake out the weak ones...

Maybe he's testing where is SP floor?

Or, taking company private @ $260 + 20% ?
I'm screwed if so.