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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 expens

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
  - gamblor956 8y ago
    Just reread all 3 articles. The first and third don't have a timeline, but posit that it will occur after the Model 3 has begun sales, so 2019. Seeking Alpha says Tesla is on track for bankruptcy, and posits that it might be by the end of the year (i.e., 12 months from the date of the article) but is otherwise anticipated for 2019 based on the numerous cash flow models in the article (assuming no stock offering or new debt issuance). In other words: 3 months ago no one was saying Tesla would be bankrupt by August/September. And here's the thing: if Musk was truly honest about Tesla not seeking financing or offering new stock in 2018, they are on track for bankruptcy by the end of the year based on currently available investor documents re expense, cash flow, assets, etc.. If those documents are wrong, it's incumbent on Tesla to update them, not on the rest of us to assume voodoo financial magic will save the day.
    - confiscate 8y ago
      Fine, all the it's bankrupt "in 2019/2020" vs "by September". The point is, all the articles raising alarm bells saying Tesla is going bankrupt SOON, it will run out of funds, it will collapse. Because math. Now, all the articles are focused on SEC rules for a tweet.

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
- gamblor956 8y ago
  Just reread all 3 articles. The first and third don't have a timeline, but posit that it will occur after the Model 3 has begun sales, so 2019. Seeking Alpha says Tesla is on track for bankruptcy, and posits that it might be by the end of the year (i.e., 12 months from the date of the article) but is otherwise anticipated for 2019 based on the numerous cash flow models in the article (assuming no stock offering or new debt issuance). In other words: 3 months ago no one was saying Tesla would be bankrupt by August/September. And here's the thing: if Musk was truly honest about Tesla not seeking financing or offering new stock in 2018, they are on track for bankruptcy by the end of the year based on currently available investor documents re expense, cash flow, assets, etc.. If those documents are wrong, it's incumbent on Tesla to update them, not on the rest of us to assume voodoo financial magic will save the day.
  - confiscate 8y ago
    Fine, all the it's bankrupt "in 2019/2020" vs "by September". The point is, all the articles raising alarm bells saying Tesla is going bankrupt SOON, it will run out of funds, it will collapse. Because math. Now, all the articles are focused on SEC rules for a tweet.