That day Elon Musk almost certainly committed a felony... (yesterday)

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TechBoyJK

Lifer
Oct 17, 2002
16,701
60
91
If the theranos comparison was legit, all of those pictures would just be renders of 'what ifs'.
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
Think logically. Why would Musk put himself and Tesla in huge legal and financial jeopardy and risk going to jail just to temporary boost the Tesla stock price for a day or two? What for? Musk is no dummy. He's been planning this taking private plan for months. My guess is he got some verbal commitment from the Chinese when he went to Shanghai to announce the building of the next gigafactory there. He's using Chinese money to build the Shanghai factory instead of Wall St money and I bet some sort of Chinese money is also involved in this going to private deal.

Basically if you're short and believe the FUD that's being spread here and out there in the media, you're betting Musk went crazy and wanted to completely ruin his reputation and wanted to go to jail so he could temporary move Tesla stock price up. Knowing full well the stock price would crash and Tesla would be financially ruined forever and everything he built at Tesla thrown down the drain. Does this sound logical? Who's more crazy? Shorts and Musk doubters who believe this crazy narrative or Musk's tweet? Any logical person would believe Musk and wait to see his proof instead of jumping to stupid conclusions. We'll find out soon enough who's telling the truth. My money is on Musk.
 
Reactions: cytg111

DaveSimmons

Elite Member
Aug 12, 2001
40,730
670
126
It was erratic and self-destructive behavior by Musk to libel the diver who criticized his submarine. Chevy Chase had to pay $1 million for defaming Cary Grant with a tasteless joke.

Was this Musk cracking under pressure, or does he have an informal understanding with Chinese or Saudi investors that he neglected to pass on to Tesla's board? I have no idea. Based on his behavior both are plausible to me.

(I have no direct financial interest, I only invest in stock and bond index funds never individual stocks.)
 
Reactions: wahdangun

Moonbeam

Elite Member
Nov 24, 1999
72,685
6,195
126
I have heard that Elon Musk's aim is to help humanity by solving some of its major problems. I was taught that owing to self hate any you help with that disease, meaning almost everybody, will turn on you because when you help people it causes them to confront their feelings of worthlessness and they will want to kill you for that. Who wants any decent human beings around to remind me of who I am by comparison. Like everybody else, I want everybody else dead, and I don't want to know it.

For this reason, I create my own story about Elon Musk and his true inner corruption. It has to be him, not me.
 

cytg111

Lifer
Mar 17, 2008
23,535
13,109
136
Mmmm.. Maybe its a ploy to call out those who manipulate and short the stock .. Now there is an incoming suit, there be names.
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
It was erratic and self-destructive behavior by Musk to libel the diver who criticized his submarine. Chevy Chase had to pay $1 million for defaming Cary Grant with a tasteless joke.

Was this Musk cracking under pressure, or does he have an informal understanding with Chinese or Saudi investors that he neglected to pass on to Tesla's board? I have no idea. Based on his behavior both are plausible to me.

(I have no direct financial interest, I only invest in stock and bond index funds never individual stocks.)
It's not even in the same league. Musk calling the asshole diver pedo is not going to ruin him or Tesla. And the pedo diver provoked Musk and frankly deserved it. But I would've called him asshole instead of pedo even if the diver was pedo.

The shorts have been provoking Musk for a long time. Tesla just reported their latest quarterly earnings couple days before his taking private tweet. Market had reacted very favorably to Tesla earnings and Tesla stock was already doing well and Musk was getting lot of praise for apologizing to the dumb analysts. So to say Musk was cracking under pressure and tweeted his taking private comment because he wanted to temporary lift Tesla stock price is stupid. If you follow Tesla and Musk, you would know Musk has been wanting to take Tesla private and he regrets Tesla being public company. So while the timing of his tweet took everyone by surprise, I'm not surprised at his wanting to take Tesla private. And I've complete faith Musk wasn't bluffing.

For disclosure, I have way over quarter mil in Tesla stock so I obviously back and believe in Musk. And I'm in process of increasing my stake to over half a mil in the coming days to try to profit from all this FUD.
 

zinfamous

No Lifer
Jul 12, 2006
110,806
29,557
146
For disclosure, I have way over quarter mil in Tesla stock so I obviously back and believe in Musk. And I'm in process of increasing my stake to over half a mil in the coming days to try to profit from all this FUD.

Easy there, Trigger: (hate that I have to explain that one these days; it totally means something else now. )

https://money.cnn.com/2018/08/11/news/companies/tesla-elon-musk-lawsuit/index.html

Now, I'm suspecting that Musk will be able to prove, and the board will back him, that he at least received a statement/promise/terms of funding, in whatever way, but these short-sellers def be pissed.
 

baydude

Senior member
Sep 13, 2011
814
81
91
Think logically. Why would Musk put himself and Tesla in huge legal and financial jeopardy and risk going to jail just to temporary boost the Tesla stock price for a day or two? What for? Musk is no dummy. He's been planning this taking private plan for months. My guess is he got some verbal commitment from the Chinese when he went to Shanghai to announce the building of the next gigafactory there. He's using Chinese money to build the Shanghai factory instead of Wall St money and I bet some sort of Chinese money is also involved in this going to private deal.

Basically if you're short and believe the FUD that's being spread here and out there in the media, you're betting Musk went crazy and wanted to completely ruin his reputation and wanted to go to jail so he could temporary move Tesla stock price up. Knowing full well the stock price would crash and Tesla would be financially ruined forever and everything he built at Tesla thrown down the drain. Does this sound logical? Who's more crazy? Shorts and Musk doubters who believe this crazy narrative or Musk's tweet? Any logical person would believe Musk and wait to see his proof instead of jumping to stupid conclusions. We'll find out soon enough who's telling the truth. My money is on Musk.

Logical or not he's being sued as a result of what he tweeted. How does someone with such great ideas and as CEO have such poor business acumen and be so careless with what is tweeted? In the past month it was calling a hero a pedophile for not using something his company built and now this.

https://www.reuters.com/article/us-...=topNews&utm_source=twitter&utm_medium=Social
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
Logical or not he's being sued as a result of what he tweeted. How does someone with such great ideas and as CEO have such poor business acumen and be so careless with what is tweeted? In the past month it was calling a hero a pedophile for not using something his company built and now this.

https://www.reuters.com/article/us-...=topNews&utm_source=twitter&utm_medium=Social
Look, he and Tesla would've been sued even if he didn't tweet and used traditional PR release premarket or afterhours. It doesn't matter. There's going to be people pissed he's taking the company private and feel like he's not paying them enough for their shares to go private or some other complaint. Tesla is still being sued for the SolarCity acquisition. Michel Dell was sued by numerous firms for his take private offer claiming Dell low balled the buyout price and didn't offer them enough for their portion of the shares. Trust me, Tesla will be sued by people saying the $420 buyout price is too low and frankly I think so too. I'm not going to sue but there's a chance the final buyout price could be higher than $420 to please some of the vocal dissatisfied shareholders.

As for the moron shorts suing for their loss, it's laughable. There's going to be whole lot of shorts in the same boat before all of this is over as almost 30% of the float is short. So expect more crying and more lawsuits. When you have like $15 billion betting against success of a company, that's huge money and lot of wealthy people betting against Musk. The rich assholes are not going to go down quietly. They will do everything legal and illegal, to try to minimize their loss. This is going to turn ugly but Musk will win. Watch and see.

As for the British pedo, he's no hero. He's a pedo and an asshole.
 
Mar 11, 2004
23,175
5,641
146
As for the British pedo, he's no hero. He's a pedo and an asshole.

Seriously, what, the, fuck? You have to be talking about someone else?

Had to remove the rest of your comment because it conveniently clipped the last bit in its condensed format and I feel like that needs to be highlighted for how fucked up it is.
 

Blackjack200

Lifer
May 28, 2007
15,995
1,685
126
Seriously, what, the, fuck? You have to be talking about someone else?

For disclosure, I have way over quarter mil in Tesla stock so I obviously back and believe in Musk. And I'm in process of increasing my stake to over half a mil in the coming days to try to profit from all this FUD.

He's doing the same thing from the long side that I was falsely accused of doing from the short side in this thread.
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
He's doing the same thing from the long side that I was falsely accused of doing from the short side in this thread.
What I think of the British diver has no bearing on Tesla. Do I think the British guy is a pedo? Yes. Do I think he's a hero? Nope. Do I think he's an asshole? Yes.

Does that make me horrible person? I don't have to answer to anyone.
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
Seriously, what, the, fuck? You have to be talking about someone else?

Had to remove the rest of your comment because it conveniently clipped the last bit in its condensed format and I feel like that needs to be highlighted for how fucked up it is.
You're free to judge my comment as anyone else. I'm not here to kiss anyone's ass.
 

DaveSimmons

Elite Member
Aug 12, 2001
40,730
670
126
What I think of the British diver has no bearing on Tesla. Do I think the British guy is a pedo? Yes. Do I think he's a hero? Nope. Do I think he's an asshole? Yes.

Does that make me horrible person? I don't have to answer to anyone.

In other words, you're so invested (literally) in Tesla's success that you must defend it and anything Musk does no matter how awful, just like the GOP and Trump.

Musk drowns a basket of kittens for looking at him funny? They deserved it the little fleabags!
 
Mar 11, 2004
23,175
5,641
146
What I think of the British diver has no bearing on Tesla. Do I think the British guy is a pedo? Yes. Do I think he's a hero? Nope. Do I think he's an asshole? Yes.

Does that make me horrible person? I don't have to answer to anyone.

Then why did you go out of your way to make sure that we are aware of it? FYI, it actually does have bearing on Tesla, because making such claims comes with potential liability and that definitely will not be good for Tesla stock. It sure seems to indicate that Musk was not in the right mind, and not sure if you've noticed but people saying stuff like that has often come with consequences for the company they are part of. Pretty sure if Tesla investors keep calling the guy a pedophile that it will present a very real problem for Tesla.

And your basis for that is? Likewise? And?

Yes it does. I hope you seriously don't think you can go around and make any claim you want without any repercussion.

You're free to judge my comment as anyone else. I'm not here to kiss anyone's ass.

That you feel simply not calling someone a pedophile for no reason to be kissing someone's ass is incredibly bizarre. But then, the irony of you trying to kiss Musk's ass by supporting him having said that seems lost on you.

So I'm just going to again highlight that you're calling the guy a pedophile with nothing to support it.
 
Last edited:

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
Then why did you go out of your way to make sure that we are aware of it? FYI, it actually does have bearing on Tesla, because making such claims comes with potential liability and that definitely will not be good for Tesla stock. It sure seems to indicate that Musk was not in the right mind, and not sure if you've noticed but people saying stuff like that has often come with consequences for the company they are part of.

And your basis for that is? Likewise? And?

Yes it does. I hope you seriously don't think you can go around and make any claim you want without any repercussion.



That you feel simply not calling someone a pedophile for no reason as kissing someone's ass is incredibly bizarre.
I said the exact same thing in the Off Topic Stock Market thread. If you're curious, you can go read that thread.
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
In other words, you're so invested (literally) in Tesla's success that you must defend it and anything Musk does no matter how awful, just like the GOP and Trump.

Musk drowns a basket of kittens for looking at him funny? They deserved it the little fleabags!
The British diver is no saint. He's the one who first instigated it. Musk just fired back. The exchange basically boiled down to two people calling each other names like a fight at the playground. If you punch someone out of the blue, you have to expect punch back. Maybe that's what the British guy was counting on.
 

Blackjack200

Lifer
May 28, 2007
15,995
1,685
126
The British diver is no saint. He's the one who first instigated it. Musk just fired back. The exchange basically boiled down to two people calling each other names like a fight at the playground. If you punch someone out of the blue, you have to expect punch back. Maybe that's what the British guy was counting on.

Having a normal one, I see.
 
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