That doesn't make sense. You can't manipulate Tesla's stock and make it "go out of business". Just admit it, you don't like people attacking your hero. Think about it: do you care that any other company has short sellers? Did you even know that short sellers EXISTED before you became enamored with Tesla? As for shorting a stock being "immoral" that is a joke. It is just taking another side on a trade. All of the sudden Tesla fanboys are investment experts.
You guys don't know what you are talking about. The watering down is done by issuing more convertible bonds. He probably realized that is going to tank the stock and company so he is taking it private and then the suckers won't know exactly what he is doing. He won't have to answer to anyone, just Tweet. Very Trump like. No wonder he donates to the GOP.
Exactly. I am not sure why I was modded "offtopic". Are people dense? Why do people think he keeps tweeting out "420" in response to media questions on Twitter?
Exactly, but it damages Musk's ego to have shorts around. And his fanboys hate it when Musk is hurt. They take it way too personally. If the company performs, the shorts lose. If it doesn't, they make money. It makes no difference to the company itself. Another heavily shorted stock is Apple. Do you think they get all upset about it? What a crazy fanclub.
But who cares about negative "news"? After all, you guys know it is "wrong" right? Why would you care what shorts post? You don't understand investors (real investors). They don't hate Tesla. They just think the financials are unsound and the stock is going to go down. If they thought the stock was going up, they would buy it. Some of the shorts were long on the way up. It is you guys that get your panties in a twist because you think it is some attack on your hero by some cabal (GOP, oil companies, etc). Here is another hint: the oil companies aren't threatened by Tesla. Tesla is a company focused on a tiny market: $60,000+ cars for the 1%.
He knows there is a significant cult following that will continue to keep money with him without asking questions. Just look at the Musk fanboys posting above. If this happens, they will have virtually no insight into the company and what their money is invested in. They will just have to trust whatever Musk Tweets out. But that is enough for them. It is the perfect situation for Tesla, because their financial situation is so dire it likely wouldn't survive another couple of years.
Why are you guys so focused on the "shorts"? What are they doing to Tesla? Nothing. However, he is right: suckers like you will continue giving him money and going private means he doesn't have to tell you what is going on and he can control everything via Twitter and you will lap it up. Ridiculous. He is taking you guys for a ride again.
You guys don't get it: $420 a share. That is a pot reference. The guy has gone completely unhinged. Most likely his apologies have damaged his mind via his ego. By the way: Tesla didn't suspend the trading of their shares, the markets did.
No one really cares other than Musk fanboys. People have been putting satellites into LEO for many decades. All of the sudden, Musk fanboys are interested in satellites and launch costs.
No, you don't. But the marketing companies do. How do you think the various corporations know what your average account balance is? There is no law to protect you, but you can opt out in certain cases.
What are you talking about? You can't just "ditch" facebook. They just disable your login. Your profile and data is still there, and more is linked to it every day.
You must be kidding. Your definition of "smart" is quite different from what normal people mean by "smart". You aren't smart if you know how to read a map and march from point A to B.
You must be kidding. Those tech companies are full of liberal arts majors in the Marketing department. It is the Marketing department that encourages this behavior. They aren't stopping and thinking, they are out to make money just like everyone else.
I think you guys are nuts. Europe is full of palaces and stately homes which were built not to live in, but to just show off the owners wealth. Most luxury brands come from Europe. I get that you guys don't like "brown people" coming into your countries (like Luxembourg), but Europe is full of displays of wealth.
Actually anyone can request ownership information from a license plate from the DMV. He doesn't know what he is talking about. Vint is an old sellout who needs to retire.
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That doesn't make sense. You can't manipulate Tesla's stock and make it "go out of business". Just admit it, you don't like people attacking your hero. Think about it: do you care that any other company has short sellers? Did you even know that short sellers EXISTED before you became enamored with Tesla? As for shorting a stock being "immoral" that is a joke. It is just taking another side on a trade. All of the sudden Tesla fanboys are investment experts.
You guys don't know what you are talking about. The watering down is done by issuing more convertible bonds. He probably realized that is going to tank the stock and company so he is taking it private and then the suckers won't know exactly what he is doing. He won't have to answer to anyone, just Tweet. Very Trump like. No wonder he donates to the GOP.
Yes he confirmed it was because of the shorts: https://www.tesla.com/blog/tak...
The guy is unhinged.
Exactly. I am not sure why I was modded "offtopic". Are people dense? Why do people think he keeps tweeting out "420" in response to media questions on Twitter?
Exactly, but it damages Musk's ego to have shorts around. And his fanboys hate it when Musk is hurt. They take it way too personally. If the company performs, the shorts lose. If it doesn't, they make money. It makes no difference to the company itself. Another heavily shorted stock is Apple. Do you think they get all upset about it? What a crazy fanclub.
But who cares about negative "news"? After all, you guys know it is "wrong" right? Why would you care what shorts post? You don't understand investors (real investors). They don't hate Tesla. They just think the financials are unsound and the stock is going to go down. If they thought the stock was going up, they would buy it. Some of the shorts were long on the way up. It is you guys that get your panties in a twist because you think it is some attack on your hero by some cabal (GOP, oil companies, etc). Here is another hint: the oil companies aren't threatened by Tesla. Tesla is a company focused on a tiny market: $60,000+ cars for the 1%.
Elon posted a blog about it: https://www.tesla.com/blog/tak...
Looks like a great plan!
So you are saying that Musk WON'T be taking us to live on Mars?
Elon gives money to the GOP. Why would they try to "destroy" Tesla? You fanboys are hilarious.
He knows there is a significant cult following that will continue to keep money with him without asking questions. Just look at the Musk fanboys posting above. If this happens, they will have virtually no insight into the company and what their money is invested in. They will just have to trust whatever Musk Tweets out. But that is enough for them. It is the perfect situation for Tesla, because their financial situation is so dire it likely wouldn't survive another couple of years.
Why are you guys so focused on the "shorts"? What are they doing to Tesla? Nothing. However, he is right: suckers like you will continue giving him money and going private means he doesn't have to tell you what is going on and he can control everything via Twitter and you will lap it up. Ridiculous. He is taking you guys for a ride again.
You guys don't get it: $420 a share. That is a pot reference. The guy has gone completely unhinged. Most likely his apologies have damaged his mind via his ego. By the way: Tesla didn't suspend the trading of their shares, the markets did.
No one really cares other than Musk fanboys. People have been putting satellites into LEO for many decades. All of the sudden, Musk fanboys are interested in satellites and launch costs.
No, you don't. But the marketing companies do. How do you think the various corporations know what your average account balance is? There is no law to protect you, but you can opt out in certain cases.
Wait...do you guys really believe your bank doesn't share your information with third parties and especially marketing companies? Wow.
You are kidding, right? What do you think financial institutions do with your data?
What are you talking about? You can't just "ditch" facebook. They just disable your login. Your profile and data is still there, and more is linked to it every day.
I would rather have them protecting the interests of US corporations than having the Chinese military marching down my street.
You must be kidding. Your definition of "smart" is quite different from what normal people mean by "smart". You aren't smart if you know how to read a map and march from point A to B.
You must be kidding. Those tech companies are full of liberal arts majors in the Marketing department. It is the Marketing department that encourages this behavior. They aren't stopping and thinking, they are out to make money just like everyone else.
So does every Marketing department on the planet. Welcome to Earth.
I think you guys are nuts. Europe is full of palaces and stately homes which were built not to live in, but to just show off the owners wealth. Most luxury brands come from Europe. I get that you guys don't like "brown people" coming into your countries (like Luxembourg), but Europe is full of displays of wealth.
"There is this weird idea going around that you can't make any kind of judgement on any issue any more, you have to tolerate everything. "
Ironically that is due to people like you.
That sounds horrible. I would quit a job like that. I want vacation with family and friends with my bonus, not vacation with co-workers.
Actually anyone can request ownership information from a license plate from the DMV. He doesn't know what he is talking about. Vint is an old sellout who needs to retire.