I don't think that tweet means that at all. Rather, I think it shows that Elon believes that the SEC needs his cooperation in writing a joint letter to the judge that will convince the judge to approve it, more than he needs to placate the SEC. I don't read the tweet as saying anything about what the judge thinks.
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sundaymorning
Active Member
Glad to see we’re finally doing something about fighting shorts, they’ve been fighting us using unconventional tactics, it’s time we play their game and push an investigation of market manipulators.
That's your view. I consider it dead wrong. My view, and from what I can tell Anderson's, is that Tesla is a bet on the future of electric vehicles and the manifest incompetence of the would-be competition.
It was possible at several points for Tesla to make fatal mistakes which it did not make; some of those decisions were thanks to Musk, others were not. They're past all the points I can think of.
Like I said, he's not an idiot. He's not going to make stupid emotional decisions.
I didn't support the deranged behavior of the Chevron or Exxon executives back when I was invested in those companies decades ago; I invested in them regardless.
Remember all hard long, Tesla would not have survived up until this point without Elon, so he is who he is, he has stainless steel ball to say what he say.
Tesla is at the point if Tesla execute on already announced product, Tesla will be a easily 200 Billions company in next 5 years thanks to clueless competition.
Tesla is at the point if Tesla execute on already announced product, Tesla will be a easily 200 Billions company in next 5 years thanks to clueless competition.
Exactly, he is PISSED, not broken. I am and I think we all are pissed at the shorts attacks, manipulation and fake news. I am glad he spoke up to his million followers including some big names. This needs to be heard, maybe some good will come of it.Hi Folks,
Not sure what to think yet about this latest move in the ongoing struggle for the soul of Tesla. A few things come to mind: (starting to form some ideas about the next 6 months)
So, really, I do not know what tomorrow will bring, or next year. I do know that there is never a dull day in TSLA-town, and that one element is present even when all else is in doubt.
- Elon may have previewed the proposed settlement letter and balked
- Shares were down $15 by midday, but only another $6.5 after-hrs post tweet
- very likely TSLA will open down further tomorrow as Media picks up the story
- one thing seems clear, Elon is in a fighting mood right now
- by nature, Elon exhibits only Righteous Anger not to be trivialized or discounted
- let me emphasize: I think Elon is PISSED, not BROKEN (he is motivated)
- he also burned some bridges today (ie: SEC); so he's not going back that way
- one of Elon's choices may just be to resign as CEO and Chairman of Tesla
- that would free him to start buying up shares as an outsider investor
- owning just 30% more TSLA shares, Elon could force a go-private motion
- shorts don't realize it yet, but their existential threat is a private TSLAP
- so where does TSLA bottom out, and can Elon afFORD* it on his own?
- Elon would give up $300B CEO compensation for $500B as majority shareholder
- if a go-private buy-out could be done for $50B, that's a 10x return on investment in 10 yrs
- BTW, at the current SP, Elon would only need ~ $14B to buy up a majority of TSLA
- Can he borrow that much against SpaceX? @Fact Checking @neroden Others?
Cheers, best wishes to all. Exciting times!
NOT AN ADVICE
*Note: Read more about how Henry Ford took Ford Motors private, here:
Remember That Time Ford Went Private? Elon Musk & Henry Ford ...
In the mean time, get your powder ready.
davecolene0606
Member
Short could tell ya cuz they’ve been stalking Elon and his children...
It’s true!
Fire Away
I don't get this. He's saying index funds are in the stock lending business. Doesn't everybody know that?
Bro you are done. Why even try. He's on to your shiznat in a big and SPECIFIC way
larmor
Active Member
EVNow
Well-Known Member
I don’t think this is correct.
EM now thinks SEC will have to renegotiate a deal, because he somehow thinks the Judge is on his side.
FirebirdAlpha
Member
LOL
I hate to break it to you, but shorts are in no way "coordinated."
Maybe it's the longs who have been illegally manipulating the stock price? Doesn't it seem a little weird that a car company that produces 3% of GM's car output has a higher market cap?
Smells like manipulation.
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Seriously though, if Elon really thought the shorts have defamed him and/or Tesla...
... Then why hasn't he sued yet?
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LOL, ok, no more trolling.
There's just zero evidence that the shorts are conspiring. None.
Todd Burch
14-Year Member
For those thinking something is going down due to his “CIO” tweet...
If you read the Twitter thread, he’s referring to a specific example from the past. Am I missing something or are you all assuming that something’s been uncovered here?
If you read the Twitter thread, he’s referring to a specific example from the past. Am I missing something or are you all assuming that something’s been uncovered here?
Back to the stock price for a moment, it does puzzle me why people would be selling now knowing that Q3 is going to be rather positive with likely strong guidance for Q4
Are you selling?
I've been investing in Tesla since 2013. I'm buying my 5th car. I believed so much in the Model 3 that I believed they would be so successful by now that there would be NO WAY IN HELL we would be below 300 more than a year after Model 3 hit the streets. So I sold a bunch of Puts months ago that are so negative now, I'm getting margin called like crazy and will probably have to take a big loss if it doesn't get back over 290 ASAP. So Elon's twitter is costing me a lot of money, and unlike Elon, I don't have so much that I can laugh about it.
EVNow
Well-Known Member
I don’t know what skeleton Gandhi had - but going on long marches to break the law is not taunting? I can give a lot of other examples.
Spit balling:
People invest in a small index fund
Index fund turns around and lends out the shares
Index fund pockets the interest
Meanwhile, the returns on the stock are poor due to the shorting, but it's the stock price itself that is low, so the index fund looks clean.
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