As an officer of a company you have a responsibility to take care in making true statements. He made a false statement about a HIGHLY material aspect of the company - that funding was secured at $420 for a private buyout, that the "only thing" in doubt was whether shareholders would approve it, and that all existing shareholders could remain when it went private. Misrepresenting material facts about your company is pure securities fraud.

Then Elon Musk actually said, with a month and a lawsuit to soberly consider his actions, that it was "worth it". He had previously stated a desire to burn the shorts and warned them to cover at $360 (the stock is now $270) because an "epic short squeeze" was coming.

This is clearly blatant securities fraud on a large scale, from a creepy loser who thinks he's above the law given his later comments. He told major material lies about a company buyout, doubled and tripled down on same, with major consequences for the orderly conduct and fairness of public markets. Billions changed hands on these pure reckless lies. Individuals lost large amounts of money. If this isn't securities fraud, what is?

If he was so high and irresponsible that he did it "without intent" - although any non idiot sees clear intent here - then he is unfit to be any officer of a company and should be forcibly removed.

In return for not being barred as a public officer, he solemnly agreed to the very light condition of having potentially material tweets reviewed before sending. He failed to do that as well, laughing about it, showing his contempt for the law and an utter lack of responsibility for his own actions. Again, it was his own supporters that he hurt with his recklessness and fraud, costing them billions of dollars. Shorts have had a great time from this loser. It's not them he's hurt but his own shareholders to which he has legal obligations as a public officer.

Don't forget about the incident with the Reno journalist in 2015. Very similar allegations to those levied against skabooshka but the DA actually filed criminal charges. The assault charges were dropped after two years while the journalist paid a fine for trespassing.

https://www.rgj.com/story/news/2018/...ed/1004256001/

that grimes stuff is reaching a bit tooth. but youre an allstar

also one of their cars exploded

As far I can see no police report was made despite claims of trespassing, bodily harm, etc. Instead they put these claims in an emergency restraining order (by its nature uncontested, to contest it will take a month) four days before their autonomous investor event, because he was filming the route they were driving for "autonomous investor day" and could blow the story wide open if they had to do multiple takes or it was a preprogrammed con.
So Musk's girlfriend admits she has a thing for 420 and jokes about it often. And Musk's fraudulent tweet where he claims $420 "funding secured" is also $420. Meanwhile we have independent corroboration of same from Azalea Banks, who was there during the tweeting.

Oh and they claimed to have 420,000 reservations for the Model 3 even after selling a bunch.

I'm sure this is all above board and just a bizarre coincidence and not deliberate fraud from a crazy loser who calls strangers pedos and loves meme jokes and thinks securities fraud is "worth it" despite it hurting his investors and promised to "burn the shorts". I'm sure $420 was a real made up number and had nothing at all to do with it being the number his nerdy girlfriend claims she is obsessed with.

https://i.imgur.com/feqZFUa.mp4

What a weekend.

- SpaceX crew capsule final test for their first human space flight suffers catastrophic failure on its final test just as they're in the middle of a $500 million funding round after Musk's embezzlement. The explosion sent smoke plumes over Florida.



- A Model S explodes in a Chinese parking lot, destroying two other cars, and is widely reported on the news. Should be good for already massively declining sales.



- A Model S spontaneously explodes (well, catches fires and burn for 6+ hours) in Saratago:



- Tesla files a restraining order against a twitter user who was filming their autonomous car, which leads to an explosive fund raise for his legal fees, and backlash and bad PR ahead of Musk's "autonomous investor day" fraud.

- Bucking the trend, Musk implodes on Twitter

You also missed 4 directors leaving and the board shrinking from 11 to 7 (2 of the remaining being elon and kimbal lol)

Going to be a fun week.

It’s crazy this was 4 days ago, seems like years

We need to get some psychiatrist/psychologist/sociologists in this thread because I just cannot understand the world right now.

This company is overvalued by BILLIONS (quite possibly the only thing every poster ITT agrees on) and its product is a literal death trap. Holy ****ing ****

tens of billions.

BTD

If this earning pump fails it could get very ugly very fast. I'm always leaning short and protected to the downside but I think a transparent pump the public could quickly see through is best case scenario for traders. I'll be selling some vol and hoping for a chance to get a reversal on a silly earnings pump

It's finally starting now

Uh this happened 4 months ago

WHAT A WEEKEND!

Seriously guys, this weekend was just JAM PACKED with terrible Tesla news. Why, I barely had to manufacture any at all!

you're trying too hard

-SpaceX crew vehicle unexpectedly blew up on its final test as they're doing a raise, after failing the last funding round.
-Exploding Model S in parking lot in China goes viral in China on social media and news stations
-Single person on Internet posts an out-of-date example of a Tesla spontaneously catching fire.

Keeed's takeaway: IT WASN'T A BAD WEEKEND GUYS BECAUSE LAST LINK INVALID!

This is something. High school level PowerPoint is more interesting and organized. Speaking gibberish so nobody can focus on the fact it's all bs.

Elon told this guy to rebrand a chip and say they are making their own. Tesla headline - we're making the first self driving chip ground up. Reality - oem part they slap a logo on and also license key ip from real manufacturer.

It's amazing is what it is. What a disaster. They appear to have nothing.

I'm assuming Musk just wanted to do a donkey carrot to keep the stock elevated to keep the slappies (hi SENORKEEED) excited and not selling their stock.

If Musk doesn't come out with an inner city FSD video with it doing amazing things then I think this whole thing is a big negative for the stock. He's lost his touch if he doesn't. Solar Roofs was a full fake city.

just pointing out you are so hilariously eager to breathlessly post more BAD NEWS GUYS REALLY BAD about Tesla that you apparently can't be bothered to read when the event actually took place. So in that BAD NEWS FOR TESLA post one event is for a spaceship test in an entirely separate company and one was four months old. So in an INCREDIBLY BAD WEEKEND you have 1/3 of your post that both involves the actual company in question and, you know, took place in the current year. Great stuff man, keep it up.

Musk is literally sitting there like jaba the hut, murmuring when his stooge botches the lines.

"All the Tesla cars today are capable of self driving, all you have to do is prove the software."

yet the market is unchanged, the range has been incredibly narrow, and TSLA is down 10 on a nothingburger weekend?

ok

Keed,

Do you have an update on this take given the recent SpaceX filing indicating $44m invested in their latest round (<10% sought.)

There must be something the bears are missing, right? If the stock is this bad, how can so many people not see it?

Claims to now be the leading self driving chipmaker over nvda, says lidar is a fools errand and companies focused on it are doomed . Have 3 year head start on the competition, 3x better technology, 3x better ip, 3x everything...

Tesla frequently ripped on SpaceX successes and dived on SpaceX misses. Your notion that they're separate in the minds of investors means you don't ****. I mean, we already knew that since you're a low-rent sarcclown, but this is just nonsense and even you should know better.

Inability of Musk to raise investor money/the valuation of SpaceX plays into a lot of things given that Musk has billions in pledged shares of Tesla with banks covering $1 billion in loans, has been turned down for loans pledged against SpaceX, and recently had to mortgage his houses to pay back some of his SpaceX embezzlement. It's highly relevant in the minds of investors and a failure like that late in the sequence takes some of the shine off Musk in the eyes of investors.
People like Keeed who don't get it are why I can make money.