Not sure if posted but this was interesting. Alleges much hyped solar roof tiles are vaporware hastily rushed out to create hype and get shareholders on board with Solarcity acquisition.

https://mansionengineer.com/2018/08/...of-tile-fraud/

"Some New York state lawmakers worry Tesla may fail to hold up its end of the bargain. The state provided $350 million to build the factory, along with $274.7 million for equipment and $125.3 million “for additional specified scope costs,” according to a Tesla filing with the Securities and Exchange Commission.

The subsidy package requires Tesla to employ 1,460 people in Buffalo, including 500 at the plant, within two years of the facility’s completion, and to spend $5 billion in the state over a decade.

Empire State Development, the state’s economic development arm, is overseeing the agreement. The agency believes Tesla is currently meeting its obligations, said spokeswoman Pamm Lent, adding that the company would face penalties of $41.2 million a year if it falters."

So as of the pointedly well sourced NYT article tonight, Tesla's situation is going to get a lot more serious and volatile in a way that bigger investors will notice and want to exit. I'll post a full breakdown of the past year tomorrow. It'll be long but everything will make sense for why Tesla have done what they've done and how they've run into a long term brick wall with production. Suffice to say that my two year $150 target will only be a a few months late, and only because Musk committed straight fraud in 2017. Bankruptcy in 2019 is > 80% imo.

Loading up on four month puts shortly.

This is so exciting! Cocaine, acid, rappers, possible lawsuits. Could this saga deliver any better?

After years of debate Tooth is going to lay out exact predictions and put some major money down. It feels like this is the climax of the movie where either the company will go down in flames or pull out some miraculous victory.

It was too thrilling to stay on the sidelines so I shorted fiddy shares for a goof. I don't claim to have any real insight, I mostly did it as a tip of the cap to tooth for all the work he put into this thread. Thanks man!

We are all aware that the stock is still at $350, right? Way higher than the recent months when everything was already settled and done.

I don't think many of us have much confidence in it staying there.

TS -- I'm not very experienced in puts, but want to buy a bunch soon. Looking forward to your analysis and any recommendations/guidelines you would be willing share are appreciated. It's just speculation money that I'm willing to lose going for a multi-bagger. I'm currently thinking 2019-20 puts that are far out of the money. I'm doing my own research as well so don't expect anything but am obviously interested in anything you have to say.

I normally just buy & hold long and that has served me well, but I am feeling like figuring the right way to short TSLA here is one of those once (in a few) lifetime opportunities.

yeah, awesome opportunity, isn't it?

Montana skeptic wrote about this a ton, great reads before paywalled.


They have amended the contract something like 9 times always delaying tesla commitments, likely so cuomo could keep the story going of how he successfully brought all these green energy jobs to NYC

Would be willing to pay for this but would prefer if you just insulted people in it and posted for for free.

Thanks

Stockprice Secured

I know it will jinx me, but whats the chances of my car getting keyed if i reserve the TSLAQ license plate? Like 95% right?

Another day, another lawsuit from a very high profile firm. This lays out the legal case quite plainly for the mouthbreathers who don't realize that Musk committed serious securities fraud, that's 100% actionable civilly for all investor losses and possibly actionable criminally.

you give the populace too much credit on both ends.. most arent knowledgeable enough to understand what tslaq means, and the ones that do.. are most likely on your side and the other side wont have the heart to do it.. so your odds of a high five instead of getting keyed is like 10-1

but please dont jinx us

What are the chances Musk consults lawyers before his tweets?

Tesla dumping on news of formal SEC investigations and subpoena.

Clearly the SEC hasnt driven a model S yet

Consensus seems to be the SEC will make a mockery of itself and do nothing since the company is doomed anyway and they don't want to take the blame.

Enty lawyer guy who runs the crazydaysandnights site says elon is gone.

Blind eye #9 here

http://www.crazydaysandnights.net

Also Anthony Bourdain was murdered because he knew too much

I'm sorry, I know nothing about the case...as you saying that claim is false? Because it's pretty weird to claim an example of falsehood on the site where no one knows the actual truth.

Of course we know the truth. Anthony Bourdain hanged himself, the French police found nothing suspicious about his death. But that website you're so fond of ran a conspiracy theory that he was murdered. But that's the depths to which folks like yourself will sink to, anonymously-sourced conspiracy theory nonsense.

Musk is going to rehab...

Apart from the fact that he was happy and enjoying life. Regardless, it's weaksauce to suggest that this kills his credibility when you don't know the truth. If that's the best "evidence" you've got that it's all nonsense, you're just making my case.

You are aware that this guy broke the Weinstein story, as well as other high profile outings? He has an amazing track record.
I'm not "fond" of it, it's interesting to post it and he had the scoop on Musk going around begging billionaires for money a couple of months ago. He outed actual names of some of the billionaires he was begging.

He had the scoop on Musk's coke habit too before anyone was reporting it, which has played in real time now and has led to an SEC investigation and wiped billions off the value of the stock. You take it with a grain of salt.

Regardless, you're the absolute moron who thought that there was nothing here with his stock fraud tweet - now the board is lawyering up and throwing Musk under the bus, multiple high profile lawsuits have been filed, and the SEC is sending subpoenas. If the gossip site shouldn't be posted then you definitely shouldn't post.

He didn't break any story. He isn't doing journalism, he can't "break a story". He prints anything anyone sends to him, including insane conspiracy theories that Bourdain was murdered. So it's unsurprising that he was the first to print rumors about Weinstein -- he will print anything, and sometimes rumors are true. But they are also sometimes wholly made up, like the Bourdain murder conspiracy theory. And that's the sort of site you're linking to. And credulous folks like yourself will look at the small fraction of the stuff that turns out to be true and be all see, what an amazing track record this guy has.

Another former SEC commissioner on TV now saying enforcement action against Musk is substantially likely. This is really, really unusual to have the SEC first leak and then have so many SEC connected people making public comments this strongly.

Panasonic, the true owner of the Gigafactories, also saying they're reviewing the supply agreement with Tesla now because their product lines are failing (to be produced or bought)

https://twitter.com/Paul_M_Huettner/...25557847007232



This comes after news yesterday saying that Panasonic is signing a battery supply agreement with Toyota.

This is what happens when companies are led by incompetent assclowns on coke are about to blow up - the board, big investors, and partners start distancing themselves. It's only a matter of time before Moody's downgrades now on "litigation, Model 3 risk" to cover their asses and suppliers start demanding COD. From there it's a short path to bankruptcy given -2.5 billion in working capital (available cash minus payables). Musk has probably screwed the pooch on a capital raise as well with this SEC investigation - if he could raise before, he can't now. No one is going to underwrite this with an SEC investigation hanging over and the board distancing from the CEO.

Also out today: an analyst raising an issue I mentioned before - SharePoint (which has data on the cards of all Model 3 deposits and reservations) saying that conversion rates are horrible once Musk opened it up to all, meaning that M3 demand at the $60K end where they can actually pull a profit is going to choke off in 1-2 months.

It's over.

Some of entlawyer has been quite accurate. I think his Elon record is pretty solid so far.

Agree the Bourdain/James Dean etc death conspiracies don't give help his credibility, I think he might be tactically salting in items like that in to balance his range.