Yeah pretty much. Pretty sure institutions are dumping into the retail bagholders at this point.

News: "Musk has been personally involved in selling heroin at the Gigafactory"

Jonas: A heroin business could conservatively add $5 billion/year to revenue
Musk fans: Amazing!! Musk has a master plan (part Trois) to take over the world with Spice.

Meanwhile, back in the real world...

Some Tesla Suppliers Fret About Getting Paid

Strange behavior for a company that can supposedly raise cash?



"Funding Secured"
"The only thing in doubt is the shareholder vote"
"High confidence in 5000 Model 3's per week by end of 2017"
First "Fully Self Driving" features coming in "3 months maybe, 6 months definitely" - 18 months ago

Place your bets on this proven liar and fraud.

Has the statement "we're definitely not going bankrupt" EVER ended well in the history of the world?

Amazing it closed green today. I guess if anyone on the planet was going to fund the buyout at $420 they might as well buy at $290 for a nice discount...Nah, prob retail bagholders.

Interested in what needs to happen for you all to say you are wrong..

factory tour video - filmed 8/15





top youtube comment:

youtube commenters keeping the price at $300:

Heltok spiking the football a little early on the $420 buyout was understandable psychologically but this is just strange.

What about the last two weeks makes you think all the bears are wrong?

When it sells off > 20%, it will likely outperform

The question is asked completely wrong. What about the past two weeks make you so confident given that basically nothing has changed with regards to the price?

Several cases of SEC investigations and likely securities fraud

16 mechanics liens in Alameda county

EM mentioning BK for no reason twice

Reports of suppliers fearing non payment from Tesla

2 huge dirt lots full of model 3s in lathrop CA (over3.3k last count)

Basically an admission of securities fraud

Reports of looking for a nee "COO" (this is smart but it will hurt the cult)




And a ton of other things


Was that a real question?

Oh and azaelia banks my new favorite rapper altho i dont actually know any of her songs

The Smartish Bros in the Dunes


Is a brilliant name for the movie/miniseries if this thing goes belly up

Yes, it was a real question and the answer is not really convincing. All of this is public knowledge. Why do the bears think they are so much smarter than the market when historically with TSLA they have been dead wrong (even up to this point)?

New reports of internal docs showing 4,300 of the 5k M3's produced in last week of June required rework


https://www.businessinsider.com/tesl...of-cars-2018-8



I, for one, am shocked that quality would be affected on cars built by day laborers in a tent

Wait what? What was your question?

because that's the way these things work.
things look great until suddenly they don't.
shorts were 'wrong' on enron and valeant until suddenly they weren't.

The question was: why are you so confident given that no one else is as confident and has the same information (maybe sans the ridiculous bits off the conspiracy website).

So, you actually started buying the BS that TS has fed you in the recent years. The shorts on Amazon, Apple and a lot of other companies have been wrong despite evidence that convinced them to think otherwise. This argument is non-sense. Valeant and Enron are the exception to the rule.

Do not take Enron as a base case for Tesla. It's a ridiculous thing to do. Enron lied and pretended to have something that never actually existed or wasn't yet completed. You can count every single Tesla that is on the road today and that's their product. Don't make the mistake to take a product that actually exists vs. something that requires revenue recognition.

The only reason this thing hasn't blown up yet is institutional $ and that is slowly changing. Check 13f and have patience...

because people are stupid and markets aren't efficient. if they were, i would have starved to death by now.

i know those shorts were wrong. i can see that every time i check my AMZN & AAPL shares. i like to make my own decisions. fun fact, if you go back in my posts a few years you will find a post where i clashed with TS over my AAPL long.

i don't think you quite get what i was trying to say. it took TSLA 4 years to go from 100 to 300. i'd be surprised if 300 to 100 takes them 4 weeks.

I love how all the cowardly losers show up when it buys strongly off lows, but you don't hear a PEEP when the **** hits the fan. Pages went by with no one saying a word from the bulls as Tesla tanked after the fraud tweet. It's sad, but a great insight into the unstable/emotional mind of a Tesla bull.

Apple and Amazon have zero evidence of fraud (who here was short Apple? I personally thought Apple was a terrible long (and it was), not a good short). They are stable, reliable companies with moats. They have zero financial or cash flow problems and haven't had any since 2009. Their books are honest and straightforward and they're in industries with large profit margins. They are highly competent at what they.

Tesla has ample evidence of both extreme cash flow problems, extreme loss making and extreme fraud. They are highly incompetent at what they're attempting to do - mass manufacture profitable cars. We just literally had bona fide stock fraud for which the CEO is under serious SEC investigations, yet you want to compare Tesla to APPLE and not Valeant? Please pass what you're smoking, son.

Enron had $60 billion in assets when it went bankrupt. It had about 40x more customers for real products than Tesla, and enormous real revenues. On top of that, there were fraud and lies. Valeant had $30 billion in assets on the books. Actual profit. They still tanked 90% over fairly minor fraud. Because fraud creates liability.

Tesla is exactly like Enron/Valeant. A lying CEO putting up (provably, knowingly) false projections, horrible money loss (that alone blocks ANY comparison with Amazon or Apple), and now blatant stock fraud that had the board throw him under a bus.

Again, are you high? You have zero attachment to reality, man.

Now we know what "factory gated" means.

More blatant fraud. Not that it wasn't obvious - they produced thousands of wrecked cars and overworked their staff/broke labor laws just to (actually miss) a 6 months late production target by 5 hours.



This is seriously pathetic stuff by an incompetent manager (Musk) desperate to keep his stock price afloat. This is not a well managed company planning for the long term, it's a billionaire nutjob wanting to stay a hero, played out with investor money.

And let's remember that he only hit the faked rushed target with an outside, hand built line in a tent, and 4300 of the cars unusable.

Since then they've been producing around 4000/week average. Watchers on the ground claim the Tesla factory is close to shut down this week. But the (fake news) Bloomberg Tracker based on meaningless VIN registrations (the company can register what and when it likes and assign how it likes, juicing the VIN tracker however it wants) is showing 6000/week and the bulls are getting giddy off a pure fabrication. Amazing stuff.

This is what the desperate end looks like:

- Multiple suppliers registering liens suddenly in 2018, just as Tesla cash got low.
- The CEO "sleeping on the factory floor" and calling strangers pedophiles and getting paranoid about shorts, claiming they can kill his company.
- The CEO tweeting the most serious stock fraud of the decade which put their liability in the billions
- The CEO cryiing in front of a reporter about missing his birthday
- Most of the senior staff leaving over the last year - including two major tech managers just this week and most of the accounting staff
- Under serious SEC investigation for multiple frauds
- Tweeting fake go private plans that were "secured' and "not in doubt" that the board didn't even know what the supposed funding source or plan was.
- Sending bizarre letters to suppliers asking for large cash backs and term extensions
- Despite all this, cutting capex and harming future growth (why if they can raise?)
- The CEO sayiing they'll "die" if they produce their promised car at the promised price in the next six months.

This is a joke, not a serious company. And Spurious wants to compare Tesla to Apple instead of Valeant. Incredible, incredible delusion.

MS being reported as an advisor to possible deal


Idk, im skeptical here. Can someone with more knowledge of this area clarify.


If MS took a role, wouldnt the rating be considered restricted? As opposed to removing the rating completely?



I smell a sketchy Tesla leak pretending MS is advising when it removed their rating for a diff reason.


Pure speculation though, would appreciate insight from someone more familiar with this area.

Did anyone ask Tim Cook if he is interested in the COO position?

I think Tim Cook would laugh in Elon's face. Actually, he probably wouldn't since he seems like a classy guy. But I'm sure he'd bust out laughing as soon as the meeting was over.

syndrome - as far as I understand, MS is advising the board on the go private, and Goldman is advising Musk.

Pretty standard stuff. The investment banks lap up the fees and related business, and Tesla gets an easy PR stream. They have to do some kind of theater to use any desperate measure they can to reduce liability; if they weren't hiring investment banks and going through the motions, they basically admit pure fraud on the part of Musk (and themselves for not contradicting and firing him). This way they can claim his tweet was "premature" and "part of the beginning of a process" - Musk will get liability for billions but the board might avoid it.