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TSLA showing cracks? TSLA showing cracks?

07-11-2018 , 09:21 PM
"Tripp's whistleblower tip, which was filed July 6, alleges that Tesla knowingly manufactured batteries with punctured holes possibly impacting hundreds of cars on the road; misled the investing public as to the numbers of Model 3s actually being produced each week by as much as 44 percent; and lowered vehicle specifications and systemically used scrap and waste material in vehicles, all so as to meet production quotas, according to a statement from Meissner Associates."

https://techcrunch.com/2018/07/11/ex...whistleblower/
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07-11-2018 , 10:26 PM
afaik tesla fuses each battery cell in parallel. it makes 0 sense for them to knowingly pack or ship a punctured cell. the fuse would blow immediately on the first charge and the battery pack wouldnt even make it out of the tent.
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07-12-2018 , 10:04 AM
he can afford to fix flint because he will soon have access to that sweet, sweet Chinese labor pool.

what are Chinese factory workers getting paid these days? Elon has gotta pay these Americans at least $20/hr (and 30 on the weekends!). Are the Chinese working for like $3/hr or what's the deal over there?
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07-12-2018 , 10:07 AM
If by "soon" you mean "never", then sure.

As for Flint, as far as I know no houses today have lead above FDA levels. They did a couple of years ago. The Flint "crisis" is mostly fake news. The tweet is actually pretty hilarious.

Some news: Tesla have six months of unlimited $7500 credit, then 6 months of $3750 credit. Mostly expected but still confirmed and good news for Tesla of course.
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07-12-2018 , 01:16 PM
For those who lack the basic intelligence to understand Elon's Flint tweet (bulls and bears), someone on Twitter finally got the joke.



Basically, the fake news/racist left wing fake news has been beating this up a humanitarian/racial issue, when in reality the water has been fine for two years and the issue fixed up. It's pure fake news.

Elon, being the media genius that he is, knows exactly what is going on and is mocking everyone with that tweet. His detractors see him being insane/wannabe hero and his fans see him as being a philanthropic God.

Elon is nerd-Trump to his toes. Got to give him credit for that.
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07-12-2018 , 01:41 PM
Limon’s co-workers gathered around him. Someone used a belt to tie a tourniquet around his leg. The witness, who declined to be named out of concern for adverse consequences from Tesla, says management offered counseling for people who had seen what happened—and the witness took the company up on it, because it was traumatic.

Limon later told this co-worker he’d been hit by a forklift driver who’d been doing doughnuts on the property for fun. Limon didn’t respond to requests for comment for this story, but according to people who saw and spoke to him in the following days, and as depicted in photos seen by Bloomberg Businessweek, the injured leg was amputated.

...

The state agency Cal/OSHA, which fined Tesla $800 in connection with the injury, described it as an ankle fracture.

https://www.bloomberg.com/news/featu...ersion-of-hell
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07-12-2018 , 01:46 PM
It's like a Chicago meatpacking plant under that bigtop...
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07-12-2018 , 01:53 PM
Free Red Bull though.
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07-12-2018 , 02:21 PM
Musk: turning employee body parts and investor cash into money-losing environmentally damaging toys for rich people. And he keeps the whole thing going by lying to get taxpayer money and lying to investors to get mom and dads to push all in. While inserting himself into tragedies for free PR to keep the stock price up. Basically one of the biggest scumbags around.
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07-12-2018 , 05:33 PM
The pension funds musk be loving this.
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07-13-2018 , 02:25 AM
Quote:
Originally Posted by ToothSayer
For those who lack the basic intelligence to understand Elon's Flint tweet (bulls and bears), someone on Twitter finally got the joke.



Basically, the fake news/racist left wing fake news has been beating this up a humanitarian/racial issue, when in reality the water has been fine for two years and the issue fixed up. It's pure fake news.

Elon, being the media genius that he is, knows exactly what is going on and is mocking everyone with that tweet. His detractors see him being insane/wannabe hero and his fans see him as being a philanthropic God.

Elon is nerd-Trump to his toes. Got to give him credit for that.


Yup, this seems correct. Even doing some quick googling, you can see that the city already gives out free filters and water testers to anyone who needs them (which is what Elon offered to do).

The issue is not with the filters but with trust between the citizens and government because of what happened causing the crisis and their handling of it afterward.

Apparently the city (for now) needs bottled water, not more filters. But as you said, I’m sure Musk knew this.
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07-13-2018 , 11:25 AM
In the age of social media and he who yells loudest, wins, Elon Musk gets more recognition for offering to solve a problem already solved than Erin Brockovich, who actually had meaningful impact in solving it.
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07-13-2018 , 01:14 PM
Former Manhattan financial crimes Assistant District Attorney has taken whistle blower Tripp's case on Musk fraud/lies. Good thread:

https://twitter.com/StuartMeissner/s...01201813946370

Quote:
Time for the @SEC_Enforcement to act. Not an accident @elonmusk has been silent on the allegations. Let sunshine be the cleanser for $TSLA
Quote:
I have NO plans to short Tesla or any other stock.Have not done so in years. In 6 years of the Monsanto SEC investigation which led to the 80 mil $ fine & whistleblower award I never shorted it. In fact, I was long at times. I do think the allegations here are much more serious
Quote:
I obviously believe [the serious fraud allegations] to be true based on my experience and with what we have to work with, or I would not have accepted the case. Only the regulators who have power of subpoena can confirm for sure.
So we have

- Obviously bogus numbers from Musk, repeatedly
- Proven knowingly false forward statements
- A whistleblower coming forward on these and many other matters
- High level financial departures of a type rarely seen over the last year (means nothing according to Spurious)
- A former Manhattan financial crimes assistant district attorney and former assistant attorney general thinking this is both real and very serious.
- Musk acting like a desperate weirdo on Twitter recently, attacking and blaming shorts and promising huge short squeezes in three weeks - more than three weeks ago.

Nothing to see here folks, move along.

Last edited by ToothSayer; 07-13-2018 at 01:19 PM.
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07-13-2018 , 01:30 PM
Multiple choice quiz for the Musk believers (out of kindness I'm trying to keep it simple for you)

Four weeks ago, Musk said this:



The stock has lost 16% since then in an up market (QQQ just breached all time highs)

Musk was:

1) Lying to desperately keep the stock up amid bad news, letting his investors lose their money
2) Deluded/crazy/just plain wrong, not lying but uncaring of who he hurt
3) The short burn is still going to happen very soon even though all announcements seem to have happened. It's a week late and it's going up far over 400 next week.
4) He actually meant that Tesla is going to crash (i.e. the shorts are going to explode in value!)

I'm curious which it is, and if you don't believe (3), has this statement changed your opinion of Musk's intentions and honestly/grip on reality?
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07-13-2018 , 02:24 PM
(2) Elon thought "reaching" his production goal would turn tesla into a real car company.
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07-13-2018 , 04:01 PM
could be that he was wrong, could be that the stock will go up in coming weeks. Who knows. But just because the stock didn't go up exactly when Musk said it would doesn't mean anyone is lying about anything. People actually think that way? lol?
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07-13-2018 , 04:04 PM
Should be $150-$200 and that's being generous.
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07-13-2018 , 04:15 PM
Quote:
Originally Posted by SenorKeeed
could be that he was wrong, could be that the stock will go up in coming weeks. Who knows. But just because the stock didn't go up exactly when Musk said it would doesn't mean anyone is lying about anything. People actually think that way? lol?
He promised the short burn of the century a month earlier, then he claimed this. He actually went onto the twitter of a short seller and asked him how large his position was and said he didn't want him to lose his money. This was 15% higher.

He's not some random guy on the Internet, he's the CEO of a $50 billion company, claiming shorts are gonna get burned. He has binding responsibilities and has to respect disclosure laws. I'm just curious if you think he's lying or the event prompting the short burn hasn't happened yet. Actual people who listen to him held or bought on this opinion, since he's the CEO of the company and presumably knows what's going on with production or future investment. Should they be holding on this claim or deciding Musk is a liar/deluded and selling?
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07-13-2018 , 04:25 PM
Quote:
Originally Posted by btc
Should be $150-$200 and that's being generous.
damodaran gave them something like $190 at a 30b valuation in his super generous bull case, for which they would basically need to outperform every other car company on execution and every single financial metric from here on out.
so yeah, reasonably, $200 should be the the top in even the wildest valuation dreams. but then again, nothing matters... ¯\_(ツ)_/¯
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07-13-2018 , 04:34 PM
This is comedy gold. One of the divers in the Thai cave on video thinks Elon Musk is a nutjob.

https://www.facebook.com/cnninternat...6536673899641/

Quote:
Rescue diver involved in the operation, rejected the idea completely. He said "He can stick his submarine where it hurts. It had absolutely no chance of working. He has no conception of what the cave passages were like. It wouldn't gotten around corners or obstacles. It wouldn't have made the first 50m, Just a PR stunt" -
Musk is either a giant dickhead (even I knew from looking at the cave diagram for 20 seconds that the sub was worthless given choke points), or a straight up fraud/liar playing this tragedy for PR. There's not a third option. I wonder what you'd pick if you like Musk. Bit of a Hobson's choice given that he's your hero and you're utterly deluded about him, but it's one or the other. Invest accordingly.

This was all obvious, but the level of fawning over this fake "rescue" effort was incredible, even among tech guys. A bit like heltok earlier in this thread. A true cult phenomena where reason is displaced by emotional/hero worship.
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07-13-2018 , 05:16 PM
Quote:
Originally Posted by ToothSayer
He promised the short burn of the century a month earlier, then he claimed this. He actually went onto the twitter of a short seller and asked him how large his position was and said he didn't want him to lose his money. This was 15% higher.

He's not some random guy on the Internet, he's the CEO of a $50 billion company, claiming shorts are gonna get burned. He has binding responsibilities and has to respect disclosure laws. I'm just curious if you think he's lying or the event prompting the short burn hasn't happened yet. Actual people who listen to him held or bought on this opinion, since he's the CEO of the company and presumably knows what's going on with production or future investment. Should they be holding on this claim or deciding Musk is a liar/deluded and selling?
like I said, lying or the event not happening yet are not the only two options.
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07-13-2018 , 05:21 PM
Someone put the video on Youtube, one of the main cave rescuers:



Elon Musk: dickhead who can't figure out what a > 110 IQ could in 20 seconds, or liar/fraud who knowingly uses a tragedy for PR? Which is it?

If he'll do this inserting himself into something which has nothing to do with him for shameless PR, what do you think he lies about to prop up Tesla, on which his worth and status depends, and against which almost a billion dollars has been borrowed and spent using $4 billion in stock collateral? What fraudulent stunts to do you think he would try to pull off to keep his stock elevated?

Last edited by ToothSayer; 07-13-2018 at 05:27 PM.
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07-13-2018 , 11:47 PM
What's impressive about Musk is how good he is at it. I remember in 2012-2013 when he was talking about Hyperloop, some tech coworkers of mine were talking about him like he was Tony Stark and about to revolutionize the world transport industry.


Here are two reader comments re: musk on a mainstream tech site, one voted -100, another +100. It's like the collective unconscious of the internet knows what he's up to but refuses to admit it.




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07-14-2018 , 12:15 AM
It required an embarrassing amount of deification on the part of those praising him (which was nearly everyone on the topic—where were even the Twitter haters?) to think he would be contributing to the rescue in any way. People really view him as this Tony Stark type who could build an Iron Man suit from scrap parts. Cave (and the closely related mine) rescue is an enterprise that has been worked on for decades, and this case attracted the top experts from around the world. The idea that Musk was going to come in and devise some elegant genius solution (an inflatable nylon tube? you kidding me? playoffs?) has to be insulting to people like the guy in the video above. Although I will say the hyperloop is coming along great—I'm sure in a couple years I'll be taking my self-driving Tesla through my city's Boring Company tunnel system to the hyperloop station to visit friends and family. Then we can take a hypersonic passenger rocket to some exotic locale. Right after OJ finds the real killers.
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