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Certainly more fuel for the fire with Tesla bears, given that Maxwell has been in trouble with the SEC on multiple occasions for financial shenanigans: https:/
by carlivar 8y ago
Certainly more fuel for the fire with Tesla bears, given that Maxwell has been in trouble with the SEC on multiple occasions for financial shenanigans:
https://www.sec.gov/news/press-release/2018-48 https://www.sec.gov/news/press-release/2018-48
https://www.sec.gov/news/press/2011/2011-31.htm https://www.sec.gov/news/press/2011/2011-31.htm
- throwaway5752 8y agoOne broken link and one article from 8 years ago about a settled FICA case? It's a $50B company acquiring a small, technically related company for $200M. I don't think even TSLA bears would care. edit: perhaps you meant https://www.sec.gov/news/press-release/2018-48 https://www.sec.gov/news/press-release/2018-48 (without the 'x')? It's never good news when there's an SEC investigation, but this seems relatively minor (channel stuffing under a Sales executive, and then a < $3M settlement by the company that it should have caught it).
- carlivar 8y agoFixed the link. I just think with all the conspiracy theories out there (which I'm also skeptical about) it is kind of amusing.
- inscionent 8y agoTry harder
- martinald 8y agoIs Musk pulling this to try and distract attention from the sales estimates in Jan 19? It's looking like an enormous, enormous plunge.
- erikpukinskis 8y agoWhat is a sales estimate? Are you talking about production targets from the shareholder letter?
- sidcool 8y agoI don't think so. The China Gigafactory news was enough to silent many of the shorters and Tesla critics.