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166,757 Views | 1168 Replies | Last: 18 days ago by TxAG#2011
tysker
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AG
Dirt 05 said:

If the Saudis actually do take this private we'll get to see a sequel to the "Who killed the electric car" documentary.
As they say, you prefer to lose money on your hedge.
Maybe the Saudis will roll TSLA into the recently revamped arm of Madrigal Electomotive
oldarmy1
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AG
How about those shorts!

I could get into this article coming close to correct...

https://www.streetinsider.com/Analyst+Comments/UPDATE%3A+Six+Reasons+Tesla+%28TSLA%29+Wont+Go+Private%2C+Cuts+Price+Target+to+%2488+-+Vertical+Group/14516527.html

bmks270
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"Funding secured"

From Yahoo:

According to Musk, he met with the Saudi sovereign wealth fund, and came away feeling certain that he could close the deal.

https://finance.yahoo.com/news/elon-musk-apos-funding-secured-154400123.html?.tsrc=applewf
DannyDuberstein
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AG
That's gonna be a problem.
oldarmy1
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bmks270 said:

"Funding secured"

From Yahoo:

According to Musk, he met with the Saudi sovereign wealth fund, and came away feeling certain that he could close the deal.

https://finance.yahoo.com/news/elon-musk-apos-funding-secured-154400123.html?.tsrc=applewf



Dang manipulator. Covered short. This guy has to face an FTC hearing
IrishTxAggie
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bmks270 said:

"Funding secured"

From Yahoo:

According to Musk, he met with the Saudi sovereign wealth fund, and came away feeling certain that he could close the deal.

https://finance.yahoo.com/news/elon-musk-apos-funding-secured-154400123.html?.tsrc=applewf

So a country who's entire economic existence relies on the production and consumption of oil is going to throw massive amounts of cash at a company trying to eliminate a massive amount of production and consumption of oil...

oldarmy1
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bmks270 said:

"Funding secured"

From Yahoo:

According to Musk, he met with the Saudi sovereign wealth fund, and came away feeling certain that he could close the deal.

https://finance.yahoo.com/news/elon-musk-apos-funding-secured-154400123.html?.tsrc=applewf



I owe you a steak dinner. I had literally just posted on the Stock Market thread covering 75% of my short at $334. Then saw your post and covered the rest while simultaneously buying $340 weekly calls. I just sold half of those as it reached $340.

You are my hero!
tysker
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AG
Saudi already has a ~$2 billion investment, just under the 5% reporting requirement. If the Aramco IPO finally goes through they'll have plenty of cash to throw around and what's $40-50 billion hedge in TSLA equity against your $2 Trillion company. Seems like a perfectly reasonable response. Which is why I mentioned it as a hedge above (which is supposed lose money)
Diggity
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surprised nobody is talking about this horrendous interview

https://www.nytimes.com/2018/08/16/business/elon-musk-interview-tesla.html
bmks270
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Is the ship sinking yet?
- whistle blower lawsuit
- unreported 37 million dollar loss?
- board suspects recreational drug use?
- working 120 hours per week?

https://www.autoblog.com/2018/08/17/elon-musk-tesla-new-york-times-interview/?yptr=yahoo

Diggity
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AG
jinx
ColoradoMooseHerd
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8/13 - 359.60
8/17 - 303.50
leoj
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AG
Yeah, that was not the most ideal interview that's for sure. But not really surprising to me. I don't get why the board is only just now trying to fix the situation, I think the horse is already out of the stable.
TennAg
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The board is/was full of koolaid drinkers too. Worse than that is that there is almost no auto industry bona fides between them.

Hopefully Musk's actions have woken them up to the responsibilities and risks they carry.
jamaggie06
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AG
The board are as big a Musk fans as you'll find.

And its a catch 22. With Musk, they have to deal with the insane promises and predictions, w/o musk, the stock is $25.
AgBank
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I just learned that he is dating Claire Elise Boucher (Grimes). I never thought much of her, except she had a fun unique target market of sci fi nerd teenage boys.

Either she has cleaned up in her thirties or Elon is playing with fire.
Gordo14
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AgBank said:

I just learned that he is dating Claire Elise Boucher (Grimes). I never thought much of her, except she had a fun unique target market of sci fi nerd teenage boys.


Seems like they both target the same demographic
AgLiving06
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AgBank said:

I just learned that he is dating Claire Elise Boucher (Grimes). I never thought much of her, except she had a fun unique target market of sci fi nerd teenage boys.

Either she has cleaned up in her thirties or Elon is playing with fire.
I'm pretty sure she just turned 30.
bmks270
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Never heard of this person. Google returned this. Musk has officially lost his mind.

IrishTxAggie
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Elon going full John DeLorean!!!
https://brobible.com/culture/article/whistleblower-drug-cartel-ring-tesla-factory/
jamaggie06
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Telsa not going private. Took those IBs all of days to figure out no one was going to oay $420 a share to incinerate cash.

But what about those who hold shares? They just saw a supposed guaranteed 33% return evaporate.

How is turning down such a deal in the interesr of shareholders? What if there's a market correction, or even a recession?

https://www.wsj.com/articles/elon-musk-tesla-will-stay-a-public-company-1535168998?mod=mhp
IrishTxAggie
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AG
I hope the SEC burns his ass. Straight fraud!
leoj
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AG
this has to start the countdown on musk right?
Gordo14
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Agnzona
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Analyst says Tesla just not real. Has no chance of success.

https://www.google.com/amp/s/www.cnbc.com/amp/2018/08/28/tesla-is-a-hope-stock-that-is-just-not-real-fund-manager-says.html


"Fort Worth where the West begins...and Dallas is where the East peters out!"
Gordo14
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TSLA production seems to falling apart this week. Huge drop in employees at the factory, mechanical liens from suppliers, and repeatedly failing to deliver vehicles to customers. Throw in Elon tripling down on calling the cave diver a pedo today shortly after his attempt to desperately take Tesla private. I predicted Q1 19 for them to fall apart, but it may be a lot sooner.
Agnzona
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Most CEOs would be in jail or at least seriously sanctioned by the SEC by now.

A much bigger problem is car owners cannot get service, especially after warranty expires. There are no spare parts, no OEMs licensed, no technicians trained. It just not a real car company. And every real car company will have an electric car as good as his very soon. He cannot compete.
"Fort Worth where the West begins...and Dallas is where the East peters out!"
bmks270
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AG
Agnzona said:

Most CEOs would be in jail or at least seriously sanctioned by the SEC by now.

A much bigger problem is car owners cannot get service, especially after warranty expires. There are no spare parts, no OEMs licensed, no technicians trained. It just not a real car company. And every real car company will have an electric car as good as his very soon. He cannot compete.


The other car companies already have real electric cars that are actually more affordable and have better infrastructure to support maintenance, and were actually outselling the mode 3 and S until recently.

What is odd is that there exists consumers that will buy a Tesla but would not otherwise consider an electric car. I see Tesla as more of a status symbol for that reason.

Even if Tesla were not facing technical and infrastructure challenges, I have been of the belief for a long time now that when they fill their pre-orders they will be out of customers and sales will drop off of a cliff.
Agnzona
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Tesla will not exist in 5 years in its current form it will be BK, merged or sold. In any form still left they will not be car manufacturing in a decade from now IMHO.
Bassmaster
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AG
I saw that Elon doubled down on the "pedo guy" by calling him a "child rapist." Pedo guy's lawyer says he's definitely suing Elon soon. This guy just can't shut up. Even if it were true, he should still shut up.
TexasAg2017
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AG
Bassmaster said:

I saw that Elon doubled down on the "pedo guy" by calling him a "child rapist." Pedo guy's lawyer says he's definitely suing Elon soon. This guy just can't shut up. Even if it were true, he should still shut up.
I think he's on the Joe Rogan podcast today as well. Could be interesting.
leoj
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Wow, why is he doing that. That is 2-3 hours of talking about anything and everything. The chances of him saying something stupid are probably 100%.
bmks270
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Weird how he finds time for joe Rogan between working 120 hours per week at Tesla and running Space X
IrishTxAggie
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bmks270 said:

Weird how he finds time for joe Rogan between working 120 hours per week at Tesla and running Space X


Living on an Adderall and Ambien diet.
TexasAg2017
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AG
My mistake, on Twitter elon said Thursday at 9pm Pacific.
 
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