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> Why should we believe him over Tesla at this point? "Funding secured." Also, your assertion that there is no corroboration is wrong, the new whistleblower S
by AndrewBissell 8y ago
> Why should we believe him over Tesla at this point?
"Funding secured."
Also, your assertion that there is no corroboration is wrong, the new whistleblower Sean Gouthro is corroborating Tripp's claims. This behavior is also well in line with Elon Musk's established pattern of paranoid behavior in surveiling employees.
- SpicyLemonZest 8y agoAgain, that's certainly the narrative the article presents. But Gouthro did not (as far as is included in the article) corroborate that the accusations in the lawsuit are false or that the shooting threat was fake. He does corroborate the story that Tesla sent PIs to tail Tripp - because Gouthro himself sent those PIs, in response to the shooting threat that Gouthro himself saw.
- AndrewBissell 8y agoYou are also incorrect that Tripp's original info release did not establish or indicate wrongdoing. Tesla claimed industry-leading levels of scrap expense in their financial filings. They are almost certainly capitalizing scrap as R&D expense.
- drusepth 8y agoWhat makes you think they're capitalizing scrap as R&D expenses? Just because they have a lot of it?
- loceng 8y agoFunding in Elon's mind could have been secured - perhaps not to what SEC's requirements of what that meant however; if I had $100B to invest in taking Tesla private, I'd certainly give it to Musk - Saudi Arabia is throwing around huge amounts as well, which I believe was his believed source of funding.
- u10 8y agoWhat Elon believes the requirements are and what the legal requirements are two different things. Not to mention that Tesla failed to file an 8k form in a timely manner, and when it was finally filed it clearly showed that funding had not been 'secured' under any reasonable definition.
- AndrewBissell 8y agoThe idea Elon Musk "believed in his mind" that funding was secured is pure sophistry. He has done hundreds of fundraising rounds in his life and knows the various stages involved in intimate detail. He was obsessed at the time with squeezing shorts and probably thought he could touch off a VW-style spike in the stock. Ironically, by capping the upside at $420, he presented shorts with one of the best risk-reward profiles in the stock's history, and that days intraday high has never been seen since.
- loceng 8y agoSo let's do an exercise. You have someone you trust someone's word, they tell you they're going to pick you up at X time and Y location. Do you trust them, why do you trust them? So now, why can't this same scenario exist for Elon and someone, say Saudi money, for securing funding - someone saying they will give you all the money he needs to take Tesla private? You're presenting no proof it was a fallacious statement from him, based on his belief of what funding secured meant. You're also presenting a very one-sided argument. Elon also yes "hates" - so arguably it makes at least equal sense, if not more, that he'd legitimately want to take Tesla off the stock market.
- deleted 8y ago[deleted]
- unityByFreedom 8y agoGouthro or Gourthro? Interesting, he was formerly "head of investigations" at Tesla and was involved with spying on Tripp back in August 2018: > Police eventually reached Tripp, who said he was at a local casino with his family and would meet with officers. Police then heard from Gourthro again and informed him that they were set to speak with Tripp at an undisclosed location. Gourthro correctly guessed the meeting spot, telling police later that he knew because “little birds sing.” [1] Now this guy is saying, > “They had the ability to do things I didn’t even know existed,” he says. “It scared the shit out of me.” [2] And Tesla is saying, > A Tesla spokeswoman said in a statement that Gouthro’s allegations “are untrue and sensationalized,” When you fire your head of investigations who was previously unconnected with the whistleblower.. and then deny that anything he says is true.. Yikes. [1] https://www.bloomberg.com/news/articles/2018-08-01/tesla-s-phantom-shooter-the-strange-story-of-a-debunked-threat https://www.bloomberg.com/news/articles/2018-08-01/tesla-s-p... [2] https://www.bloomberg.com/news/features/2019-03-13/when-elon-musk-tried-to-destroy-tesla-whistleblower-martin-tripp https://www.bloomberg.com/news/features/2019-03-13/when-elon... (this post's article)