Elon Musk is not dead

Okay . . . let's try this again.

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A_B
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Elon Musk is not dead

Post by A_B »

But fuck that tweet today seems like it should be illegal.
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Re: Elon Musk is not dead

Post by sancarlos »

A_B wrote: Tue Aug 07, 2018 7:56 pm But fuck that tweet today seems like it should be illegal.
Fuck, yeah. He caused the stock price to jump, based on what is probably just hyperbole. That is stock manipulation. If he has financing lined up for a planned buyout, he needs to file it with the SEC. If he was just bullshitting and doesn't have it lined up, he ought to be severely sanctioned.
LA Times wrote:...The fact that no actual deal was announced or funders identified sparked questions about whether the billionaire entrepreneur had improperly manipulated the company’s share price.

“The CEO announced a tender offer for the company, and the stock closed up 11%. If I were at the SEC, I’d definitely have some questions for Mr. Musk,” said Justin Hibbard, senior forensic accountant at Code Accounting. (The Securities and Exchange Commission declined to comment.)

Rob Majteles, who runs Oakland investment firm Treehouse Capital and has a short position in Tesla, was even more blunt. “In the real world, this is fraud. No announced halt, no communication, shares trade with no info.… In today’s world? Who the hell knows?”...
Yep, in today's Trumpworld of laissez-faire non-enforcement of shady practices, who the hell knows?
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Re: Elon Musk is not dead

Post by tennbengal »

Correct. It's fraud.

But, again, remember, the laws and rules don't apply to everyone.
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Re: Elon Musk is not dead

Post by phxgators »

SEC is fine with announcements via Twitter, as of 2013:
https://www.adweek.com/digital/sec-recognizes-twitter/

Could have been handled better, but the he/the company put out a release saying it was going to a shareholder vote. I think fraud is a little of an overreaction here. The real fraud here is the people with massive short positions that have been allowed to lie and spread false information about the company in order to manipulate the stock price.

disclosure: TSLA shareholder
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Re: Elon Musk is not dead

Post by sancarlos »

phxgators wrote: Wed Aug 08, 2018 11:03 am SEC is fine with announcements via Twitter, as of 2013:
https://www.adweek.com/digital/sec-recognizes-twitter/

Could have been handled better, but the he/the company put out a release saying it was going to a shareholder vote. I think fraud is a little of an overreaction here. The real fraud here is the people with massive short positions that have been allowed to lie and spread false information about the company in order to manipulate the stock price.

disclosure: TSLA shareholder
I agree about the short sellers who spread false information. They are scum. I dealt with those guys regularly during my corporate life as an Investor Relations guy.

Apparently the SEC feels the tweet covered TSLA against selective disclosure accusations. But, the stock should have been halted. If Nasdaq knew this tweet was coming, they would have halted trading until the following day. I know the IR guy at TSLA a little bit, and I'm pretty sure he didn't know this tweet was coming. Fraud may be an overstatement, but people have been busted hard for less. Musk is a sophisticated guy. I can't believe this wasn't a designed plan to screw the shorts. And while that might be satisfying, it also looks like stock manipulation, which is illegal.
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Re: Elon Musk is not dead

Post by phxgators »

Yeah, he really should have released the post on their investor page before his tweet. Would have looked better.
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Re: Elon Musk is not dead

Post by teeteebee »

Bought shares back in early April, on the dip, at $258.

Sold 2/3 of my stake today to take initial investment out and letting the remaining holdings ride it out.

Wish I made a similar move with my GE shares. Bought below $11 on a dip back in the 08-09 crash. Riding the coaster up to $30+ and then back down to low teens has been tough especially as alternative investments have done so well. “If I only would have invested in Bezos instead”
oh shit...
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Re: Elon Musk is not dead

Post by Joe K »



What an asshole. There are few things that make me lose respect for leaders or CEO types faster than hearing that they indiscriminately fire people.
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Re: Elon Musk is not dead

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"beautiful, with an exotic-yet-familiar facial structure and an arresting gaze."
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Re: Elon Musk is not dead

Post by brian »

There's dozens of reasons better to sell your Tesla stock than "Elon Musk smokes weed".
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Re: Elon Musk is not dead

Post by mister d »

He's more mid-life crisis than human at this point.
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Re: Elon Musk is not dead

Post by Johnnie »

We posted at the exact same time about him in separate threads.

High five!
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Re: Elon Musk is not dead

Post by Gunpowder »

This is some modern day Joe Kennedy shit.
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Re: Elon Musk is not dead

Post by Pruitt »

brian wrote: Fri Sep 07, 2018 1:19 pm There's dozens of reasons better to sell your Tesla stock than "Elon Musk smokes weed".
Yep.

48 executives bailing on the company since January would be a good reason.
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Re: Elon Musk is not dead

Post by A_B »

You know what you need? A lyrical sucker punch to the face.
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Re: Elon Musk is not dead

Post by mister d »

Johnnie wrote: Sat Sep 10, 2022 8:13 pmOh shit, you just reminded me about toilet paper.
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Re: Elon Musk is not dead

Post by mister d »

Full, non-photoshopped image:

Image
Johnnie wrote: Sat Sep 10, 2022 8:13 pmOh shit, you just reminded me about toilet paper.
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Re: Elon Musk is not dead

Post by Ryan »

he’s a fixbking cyborg or some shit. The

holy fuckbAllZ, what a ducking nightmare. Holy shot. Just, fuck. The
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Re: Elon Musk is not dead

Post by mister d »

I legit thought it was a group joke on twitter last night, like there was some new Transformers movie or something and people were pretending it was Tesla. Then the amazing video came out.
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Re: Elon Musk is not dead

Post by rass »

Aw man I loved Starfox.
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Re: Elon Musk is not dead

Post by L-Jam3 »

rass wrote: Fri Nov 22, 2019 9:26 am Aw man I loved Starfox.
It and the never released in the US Starfox 2 are on the Super NES mini. $80 gives you those two and 28 other classics like Zelda 3, Mario World, Super Metroid, and Final Fantasy 3 (6 worldwide), among others. Money well spent.
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Re: Elon Musk is not dead

Post by DSafetyGuy »

Almost like it's possible that some of these brilliant guys are, in fact, not.
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Re: Elon Musk is not dead

Post by wlu_lax6 »

L-Jam3 wrote: Fri Nov 22, 2019 9:44 am
rass wrote: Fri Nov 22, 2019 9:26 am Aw man I loved Starfox.
It and the never released in the US Starfox 2 are on the Super NES mini. $80 gives you those two and 28 other classics like Zelda 3, Mario World, Super Metroid, and Final Fantasy 3 (6 worldwide), among others. Money well spent.
or you can build a RetroPi (https://retropie.org.uk/) and play across many platforms and whatever games you want.
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Re: Elon Musk is not dead

Post by L-Jam3 »

I'm a little bit of a stickler when it comes to copyrights. I never even illegally downloaded a song, even during the height of the Napster era in the early 2000s.
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Re: Elon Musk is not dead

Post by A_B »

I think WLU gets some kind of kickback for every time he mentions one of those Pi things.
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Re: Elon Musk is not dead

Post by Pruitt »

Image
"beautiful, with an exotic-yet-familiar facial structure and an arresting gaze."
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Re: Elon Musk is not dead

Post by govmentchedda »

Anyone else see the new Ford Mustang electric SUV thing? I like it.

Image
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Re: Elon Musk is not dead

Post by phxgators »

The more I look at the truck, the more I like it. I'd love to see one in person.

Looks like an F-117 on wheels.
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Re: Elon Musk is not dead

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phxgators wrote: Fri Nov 22, 2019 11:50 am The more I look at the truck, the more I like it. I'd love to see one in person.

Looks like an F-117 on wheels.
Looks like a late 90's computer game vehicle.
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Re: Elon Musk is not dead

Post by Johnnie »

Crap. I knew there was a thread. I put the post about that truck in another one. Oh well.
govmentchedda wrote: Fri Nov 22, 2019 11:25 am Anyone else see the new Ford Mustang electric SUV thing? I like it.

Image
That looks neutered. Why even call it a Mustang? Looks like a crossover vehicle that a major manufacturer would create to tap into a new market. Nothing about that car is sporty or intriguing.

ETA

Maybe it's just me, but if you want to go retro futurist on a vehicle, add a machine gun.

Image
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Re: Elon Musk is not dead

Post by sancarlos »

govmentchedda wrote: Fri Nov 22, 2019 11:25 am Anyone else see the new Ford Mustang electric SUV thing? I like it.

Image
I like it too, but it looks more like an SUV Ford Fusion, than a Mustang.
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Re: Elon Musk is not dead

Post by GoodKarma »

phxgators wrote: Fri Nov 22, 2019 11:50 am The more I look at the truck, the more I like it. I'd love to see one in person.

Looks like an F-117 on wheels.
I agree...nice to see something different.
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Re: Elon Musk is not dead

Post by Johnnie »

phxgators wrote: Fri Nov 22, 2019 11:50 am The more I look at the truck, the more I like it. I'd love to see one in person.

Looks like an F-117 on wheels.
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Re: Elon Musk is not dead

Post by wlu_lax6 »

Like that he played himself in Rick and Morty this week
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Re: Elon Musk is not dead

Post by wlu_lax6 »

Elon's new kids name:
X Æ A-12 Musk
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Re: Elon Musk is not dead

Post by mister d »

Everything about him is so embarrassing.
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Re: Elon Musk is not dead

Post by Shirley »

Finally had enough of his stupid tweets, so I unfollowed him today. Hope he learned his lesson.
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Re: Elon Musk is not dead

Post by Ryan »

The ONLY thing I know about Tesla the band, because of Columbia House CD catalogs, is that they had an album called Bust a Nut. And now I'm just learning that this douche got someone pregnant and I never got to make the joke. Fuck him.
he’s a fixbking cyborg or some shit. The

holy fuckbAllZ, what a ducking nightmare. Holy shot. Just, fuck. The
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Re: Elon Musk is not dead

Post by govmentchedda »

There were signs of this all over the news.
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Re: Elon Musk is not dead

Post by brian »

People thought Howard Hughes was normal at one time as well.
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