Furthermore, the guy has made his money in the dotcom years and has since self-financed the company.

What? Who? Certainly not Elon.

Conviction and optimism and visions of sugar plums are all great. They don't at all require being delusional and I'm going to assume the vast majority of successful founders aren't delusional.

Definitely fair to say that VC care more about CEO than PE since lots of times they wont have control like PE usually does.

this is all over twitter, so you guys probably saw but... a user on reddit says their car is labeled as 'financially delivered' in tesla's internal systems, so some features are locked out

I have no idea what that means other than it seems weird.

It means Tesla is still selling beta software.

That is so weird. Rev rec is really tightened up with asc 606 in place this year. If that is a new bucket they are representing as earnings process is complete. Then thats fraud. However it would be really difficult to retrofit an accounting concept like that.


I dont know, its very strange

Was the invoice that didnt add up right get posted here? That was super weird too

To clarify i mean if people who paid didnt get their cars yet and tesla books revenue.

Tesla bidding on land in China for a factory. Odd for a company with no money?

https://twitter.com/Trumpery45/statu...71426991677440

Tesla launching tequila brand lol

lollllllllllllllll

"TSLA would earn more money selling rice than lemons."

My first thought was this is an eBay style fake bid just for headlines.

Teslaquila? I wonder what the ticker could be for that company.

tres commas

So much for the SEC settlement "priced in" - price ramps as judge approves.

Sure the broader market is up, but not nearly this much. We probably continue to ramp in hopes of monster (fake) Q3 numbers.

Musk did his standard donkey-carrot fraud tweet routine as well, claiming that there's new "Fully Self Driving" hardware coming in "about six months" that will be "500% to 2000%" faster. Probably to coincide with the judge approval announcement.

Stock would be $100 or so without Musk's constant fraud I think. It's a pure penny stock-like constant PR tailored to the morons who like Elon.

I'd say this stock is very difficult for people who lack basic business acumen that's why bears are wrong so often.

It's the opposite. The bulls (who lack basic business acumen) have been right only because so many lack basic business acumen. People who get it on the business side mostly have been wrong. Good traders who understand the stock price is driven by morons are killing it.

It's like you're not trying anymore.

The bulls haven't been right on anything since before 2014. Spurious is a just a delusional weirdo trying a sad attempt at trolling.

What on Earth can you say after this avalanche of failure and lies and fraud from Musk? Most of the glee-clowns on the $420 tweet (who are so incredibly dumb on so many levels that they were sure it was real) have buried their heads in shame and haven't returned to the thread.

Hoping it pops on Q3 numbers so I an add puts. Don't want to add here.

I am pretty surprised TSLA jumped this much on approval but it makes sense in the context that fund raising was probably on hold waiting for approval of settlement.

It may also make sense in the context of Musk being able to keep his mouth shut for, by now, a week? 10 days?

It was a low probability but meaningful uncertainty removed + huge up market off lows (QQQ is up 2.5%) + the Musk fraud pump on Fully Self Driving. Nothing surprising here at all. Nothing to do with funding. Nothing to do with Musk keeping his mouth shut.

Anyone still long tsla, how will this company stay afloat in an evolving market where very few consumers will actually own their car? What utility does it have if you're not even doing the driving? The experience of owning is in the performance, but if the car drives itself, do you really want to feel that acceleration boost when not in control? And all things being equal, what edge in performance will it still have at that point?

If Wood is accurate that tsla is a software play based on their driving data, then whatever head start the company had is long gone, not three years ahead as she would have you believe. Google has an autonomous fleet running in AZ right now and GM is not very far behind if at all.

Seems like a suckers bet, but I truly want to know how someone can stay long here?