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Maybe they’re running out of money faster than anyone realizes and this is a desperate Hail Mary? That would explain the erratic and possibly illegal nature of

Maybe they’re running out of money faster than anyone realizes and this is a desperate Hail Mary? That would explain the erratic and possibly illegal nature of the announcement.

aresant 8y ago
Funding is likely a major concern but as others have pointed out on these threads Tesla could likely raise at least operating capital into foreseeable future without a major problem. I think what this is a case of is further evidence that shareholder agreements should require corporate oversight of twitter accounts for CEOs :)
- TAForObvReasons 8y ago
  > Tesla could likely raise at least operating capital into foreseeable future without a major problem. Save for the fact that he explicitly insisted in conference calls and other places that Tesla doesn't need to raise money in 2018.
rodgerd 8y ago
Or, if you believe Azealia Banks, tweeting on acid.
- jczhang 8y ago
  I just found out about this woman. She cray.
  - threeseed 8y ago
    Elon Musk/Grime invited her to their house. And she's not crazy just attention seeking. It surely has to bring into question Elon Musk's judgement to be involved with her.
    - artilect 8y ago
      Elon responded by saying he doesn't know her.
    - jaimex2 8y ago
      Except Musk was in Vegas at Defcon, he had nothing to do with her.
- slededit 8y ago
  He seemed high to me in the SpaceX press conference after landing the boosters for the first time. He even joked about it at one point.
snowwrestler 8y ago
I think a more likely explanation is Elon's ongoing annoyance and anger toward anyone who questions the eventual success of Tesla, and especially anyone shorting the stock. There's no way he would ever admit this, but I bet one of his motivations for posting that tweet was to move the stock and hurt the shorts. Musk seems to be one of those classic "force of nature" founders, whose will to overcome obstacles and prove everyone wrong is essential to getting off the ground, but could be a liability in a mature company. "Oh, yeah? Try and stop me!" works great until you run up against someone who can actually stop you (often, the government).
- cmurf 8y ago
  >I bet one of his motivations for posting that tweet was to move the stock and hurt the shorts Sounds like a violation of SEC rule 10b-5 and possibly illegal.
  - confiscate 8y ago
    it's funny how 3 months ago, all the news articles were saying Tesla has a 99% chance of going bankrupt because, based on rational math, if you add this expense and minus that, the result is 0 in 3 months. QED now that bankruptcy sounds unlikely, all the news articles are focusing on how a tweet could be illegal
    - gamblor956 8y ago
      Don't recall any articles from earlier this year saying that Tesla had a 99% chance of going bankrupt within 3 months, and I read almost all of them. You got any links? (The money was on Tesla either blowing it out of the park, or going broke in 2019/2020.)
      - confiscate 8y ago
        https://techcrunch.com/2017/11/26/in-praise-of-teslas-bankruptcy/ https://techcrunch.com/2017/11/26/in-praise-of-teslas-bankru... https://seekingalpha.com/article/4135995-teslas-coming-bankruptcy https://seekingalpha.com/article/4135995-teslas-coming-bankr... https://www.marketwatch.com/story/tesla-is-just-months-away-from-a-total-collapse-says-hedge-fund-manager-2018-03-27 https://www.marketwatch.com/story/tesla-is-just-months-away-... just look on Seeking Alpha
nickik 8y ago
You do understand that as a public company we have pretty close insight in how they are doing, specially because we can also count how many cars they actually sell. You would have to be suggesting that the whole board of Tesla has totally lied about every aspect of the business (expert sales numbers) to hid some kind of desaster. That seems incredibly unlikely. Furthermore, we have always known that he wants to go private. He has been talking about it and mentioning it for years. He clearly has liked the SpaceX model better. Did he prepare this evil plan for the last 5 years?

Maybe they’re running out of money faster than anyone realizes and this is a desperate Hail Mary? That would explain the erratic and possibly illegal nature of the announcement.

aresant 8y ago

Funding is likely a major concern but as others have pointed out on these threads Tesla could likely raise at least operating capital into foreseeable future without a major problem. I think what this is a case of is further evidence that shareholder agreements should require corporate oversight of twitter accounts for CEOs :)

TAForObvReasons 8y ago
> Tesla could likely raise at least operating capital into foreseeable future without a major problem. Save for the fact that he explicitly insisted in conference calls and other places that Tesla doesn't need to raise money in 2018.

rodgerd 8y ago

Or, if you believe Azealia Banks, tweeting on acid.

jczhang 8y ago
I just found out about this woman. She cray.
- threeseed 8y ago
  Elon Musk/Grime invited her to their house. And she's not crazy just attention seeking. It surely has to bring into question Elon Musk's judgement to be involved with her.
  - artilect 8y ago
    Elon responded by saying he doesn't know her.
  - jaimex2 8y ago
    Except Musk was in Vegas at Defcon, he had nothing to do with her.
slededit 8y ago
He seemed high to me in the SpaceX press conference after landing the boosters for the first time. He even joked about it at one point.

snowwrestler 8y ago

I think a more likely explanation is Elon's ongoing annoyance and anger toward anyone who questions the eventual success of Tesla, and especially anyone shorting the stock. There's no way he would ever admit this, but I bet one of his motivations for posting that tweet was to move the stock and hurt the shorts. Musk seems to be one of those classic "force of nature" founders, whose will to overcome obstacles and prove everyone wrong is essential to getting off the ground, but could be a liability in a mature company. "Oh, yeah? Try and stop me!" works great until you run up against someone who can actually stop you (often, the government).

cmurf 8y ago
>I bet one of his motivations for posting that tweet was to move the stock and hurt the shorts Sounds like a violation of SEC rule 10b-5 and possibly illegal.
- confiscate 8y ago
  it's funny how 3 months ago, all the news articles were saying Tesla has a 99% chance of going bankrupt because, based on rational math, if you add this expense and minus that, the result is 0 in 3 months. QED now that bankruptcy sounds unlikely, all the news articles are focusing on how a tweet could be illegal
  - gamblor956 8y ago
    Don't recall any articles from earlier this year saying that Tesla had a 99% chance of going bankrupt within 3 months, and I read almost all of them. You got any links? (The money was on Tesla either blowing it out of the park, or going broke in 2019/2020.)
    - confiscate 8y ago
      https://techcrunch.com/2017/11/26/in-praise-of-teslas-bankruptcy/ https://techcrunch.com/2017/11/26/in-praise-of-teslas-bankru... https://seekingalpha.com/article/4135995-teslas-coming-bankruptcy https://seekingalpha.com/article/4135995-teslas-coming-bankr... https://www.marketwatch.com/story/tesla-is-just-months-away-from-a-total-collapse-says-hedge-fund-manager-2018-03-27 https://www.marketwatch.com/story/tesla-is-just-months-away-... just look on Seeking Alpha

nickik 8y ago

You do understand that as a public company we have pretty close insight in how they are doing, specially because we can also count how many cars they actually sell. You would have to be suggesting that the whole board of Tesla has totally lied about every aspect of the business (expert sales numbers) to hid some kind of desaster. That seems incredibly unlikely. Furthermore, we have always known that he wants to go private. He has been talking about it and mentioning it for years. He clearly has liked the SpaceX model better. Did he prepare this evil plan for the last 5 years?