Open Side Menu Go to the Top
Register
TSLA showing cracks? TSLA showing cracks?

08-25-2018 , 07:04 AM
Quote:
Originally Posted by chytry
Also a lot of both longs and shorts think this is good news. Emotional irrationality on both sides.
No, not even close. The bears have been highly rational through this whole thing vs the bulls who thought this was actually real and the go private was happening.

It's good news for the shorts, obviously, which is why Tesla released it at 11pm after market close on a Friday. They have a history of burying their worst news then. Your emotional irrationality where you want to be above the fray but really have no clue about anything is stopping you putting this obvious fact together.
TSLA showing cracks? Quote
08-25-2018 , 08:10 AM
IMO this sets the stage for a big down run if more bad news hits. The absolutely ignorant assclowns who hold Tesla stock - like heltok and Kelvis who are so ignorant about the world they though this was real and were crowing about it - had Trust In Elon as their guiding principle. Most high quality frauds and PR savvy pathological liars like Elon Musk inspire such devotion from the less intelligent. But this episode is going to make them less inclined to believe him going forward - it was so "out there" and ridiculous that even those with lowest of IQs (Tesla bulls) are capable of seeing that something is fishy with this and with Elon Musk.

The donkey-carrot is still in effect:

Quote:
Originally Posted by ToothSayer
Beautiful stuff.

With no cash left and desperately cutting capex which means no M3 ramp and no Model Y in sight, he couldn't hype the M3 ramp or Model Y any more, so he did the old donkey carrot trick again:



Your average Tesla investor


Classic confidence man. Open big with a lie ("funding secured") and a shiny fake target ($420). Play people's FOMO ("I don't want miss out on $420!"). Assuage all their concerns with lies ("Anyone who wants to keep their stock, can!", "funding secured!"). Attack the evil shorts for trying to tear down his noble company (every good con needs a devil trying to harm their noble selfless goal).
But it is way less strong now and the only card left to play is ramping Model 3 production if demand can be sustained at very high prices. Once that is dead...
TSLA showing cracks? Quote
08-25-2018 , 09:03 AM
Oh, I am fully aware that the clowns on TMC forum see this as a positive, because now their upside is unlimited
Can't wait for their posts that Musk getting fired/going to jail is actually a positive for the company.
TSLA showing cracks? Quote
08-25-2018 , 10:59 AM
Still no 8k filed


And what kind of odds can i get that the attempt to go private will be used as an excuse for not being profitable in q3?
TSLA showing cracks? Quote
08-25-2018 , 11:17 AM
Yeah, there hasn't been a single proper shareholder communication in any of this. Musk and the board are on the hook for all losses, long and short, from the date of the tweet until Monday open I think. Billions and billions.

Discovery and subpoenas will show the true nature of conversations and put the lie to their PR spin on the blog posts. Longs are both pissed and freaking out.
TSLA showing cracks? Quote
08-25-2018 , 11:53 AM
Longs are busy winning at life
TSLA showing cracks? Quote
08-25-2018 , 12:00 PM
Interesting video, goes hard at the end on TSLA basically being nice idea, but crappy product with no qa - https://finance.yahoo.com/news/analy...170809482.html
TSLA showing cracks? Quote
08-25-2018 , 12:31 PM
Man look at this reply from musk


https://twitter.com/elonmusk/status/...382858753?s=19


That reads like a wallback on profitability akd CF+ in q3 and q4 right?

Not that we didnt already know that
TSLA showing cracks? Quote
08-25-2018 , 12:35 PM
How has the board of directors not stripped Musk of some responsibilities and hired a #2 guy to do the day to day and business operations for Tesla? Musk can be Steve Jobs but they need a Tim Cook.
TSLA showing cracks? Quote
08-25-2018 , 12:37 PM
Because Musk is totally incompetent narcissist with serious issues who can't and won't delegate. He lacks the intellectual and emotional capacity at a basic level to plan ahead and work productively with others - see the zip2 example which was well after his formative years. And most of the board is in his pocket - cousins, brothers, SpaceX directors, so the board has no power or will to do anything.
TSLA showing cracks? Quote
08-25-2018 , 01:44 PM


lol
TSLA showing cracks? Quote
08-25-2018 , 01:49 PM
So now threat of going private is removed focus should shift to SEC investigations/lawsuits. Next time this goes below 300 don't think it coming back.
TSLA showing cracks? Quote
08-25-2018 , 01:55 PM
The tesla board is the highest paid board of any public company too

Over 1.5m avg comp, total scam top to bottom
TSLA showing cracks? Quote
08-25-2018 , 01:57 PM
If Musk is ousted maybe retail will start dumping their stock like crazy at any price could be a bloodbath?
TSLA showing cracks? Quote
08-25-2018 , 01:58 PM
Oh and i made a covert account to tweet about tesla because of the doxxing ****


No lie, withint 2 weeks i had a very attractive looking girl DMing me, she had almost no internet footprint at all. If tesla goes BK i will post a snip. Kind of nuts considering my account has less than 50 followers.


I do spit hot fire tho
TSLA showing cracks? Quote
08-25-2018 , 01:59 PM
Quote:
Originally Posted by a_r_K
If Musk is ousted maybe retail will start dumping their stock like crazy at any price could be a bloodbath?
Read TMC, you will learn to give up on trying understand how they think. Its cuck central.
TSLA showing cracks? Quote
08-25-2018 , 02:12 PM
Can older tsla customers who bought cars before integral improvements were made seek remedy?
TSLA showing cracks? Quote
08-25-2018 , 02:32 PM
I definitely want spurious take on this news, not even joking
TSLA showing cracks? Quote
08-25-2018 , 06:53 PM
Man. This announcement and him at burning man. What a 1-2 combo that could be.
TSLA showing cracks? Quote
08-26-2018 , 11:22 AM
Yeah we're getting closer to the end. Twitter sources taking photos outside the factory think they're only producing 2k m3s per week. They lengthened the refund time on deposits to 45 days from 15 days. We've now basically confirmed that Elon committed securities fraud and his drug problem is likely far worse than he's admitted to.

So how are they gonna come up with the $930m in March?
TSLA showing cracks? Quote
08-26-2018 , 12:00 PM
Quote:
Originally Posted by jb514
Yeah we're getting closer to the end. Twitter sources taking photos outside the factory think they're only producing 2k m3s per week. They lengthened the refund time on deposits to 45 days from 15 days. We've now basically confirmed that Elon committed securities fraud and his drug problem is likely far worse than he's admitted to.

So how are they gonna come up with the $930m in March?
Simple, by not having the 1.4b they need on 1/1/19 to not violate the ABL covenant they will go ~instantmy BK and no longer have to pay the 900m in march
TSLA showing cracks? Quote
08-26-2018 , 12:24 PM
If the stock does not crash soon, maybe they can raise equity in q3 or q4? The geniuses on TMC will still buy it.
TSLA showing cracks? Quote
08-26-2018 , 01:20 PM
Quote:
Originally Posted by wikibg
If the stock does not crash soon, maybe they can raise equity in q3 or q4? The geniuses on TMC will still buy it.
problem is, if they were serious about their new products and their factories in shanghai and europe, plus having enough cash to evade bankruptcy talk for a few quarters, they would need to raise maybe 8-10b$. i think that's a bit more than TMC can come up with

either they can't raise because of investigations or - my guess - IB can't find enough big money to buy their secondary. atleast not without a huge discount - which would rattle existing shareholders.

you can see funds aren't lining up to add more TSLA right now, with fidellity and price t rowe selling shares last quarter.

if i was trying to read between the lines:
with their fixation on the 5k target and all the money they threw at it (flying in machinery from europe, crazy working hours), they might have been hoping to get a better response for their secondary.
but i guess that ship has sailed.
TSLA showing cracks? Quote
08-26-2018 , 02:22 PM
Price guesses for Monday? I'll say open $300, close $280

Last edited by protonewb; 08-26-2018 at 02:49 PM.
TSLA showing cracks? Quote

      
m