4 ms·

That aside, 112k reported Q4. That's pretty damn close to 500k annualized.

Someone1234 7y ago
He didn't say it was "annualized." Therefore he made a factual reporting error, which means the statement likely wasn't pre-approved, and therefore directly violated the SEC agreement (both versions). A follow up tweet doesn't allow him to bypass the pre-approval process he agreed to in the settlement.
- gpm 7y ago
  You don't need to be inferring the statement wasn't pre-approved. Musk has stated as much in court documents. Where you are wrong is your claim that it needed pre-approval under the first agreement. Only statements that Musk, in his own opinion, believed contained material facts need pre approval. Gloss on publicly known figures is not material, that is what Musk thought he was posting, therefore it did not need per-approval. The SEC tried and failed to push the argument you are trying to push in court. You can view the complete docket here. https://www.courtlistener.com/docket/7946295/united-states-securities-and-exchange-commission-v-musk/ https://www.courtlistener.com/docket/7946295/united-states-s... You can find musk making the admission I claim he made above in this court filing. You can also find a better version of the argument I made about the tweet not needing pre-approval. https://www.courtlistener.com/recap/gov.uscourts.nysd.501755/gov.uscourts.nysd.501755.27.0_1.pdf https://www.courtlistener.com/recap/gov.uscourts.nysd.501755...
  - marvin 7y ago
    Thanks for the links, nice to see this clearly described. The journalists were much happier to write about a prospective scandal than about the fact that it didn't happen, so even as a not-quite-casual observer, it hasn't been so easy to pick up the details on this.
kevinventullo 7y ago
And according to https://www.statista.com/chart/13435/tesla-vehicle-production/ https://www.statista.com/chart/13435/tesla-vehicle-productio... this compares to 86k in Q4 2018, and ~25k in Q4 2017. As a long term investor, is the exact number all that important compared to the general shape of the curve? (N.b. I have no position in $TSLA)

He didn't say it was "annualized." Therefore he made a factual reporting error, which means the statement likely wasn't pre-approved, and therefore directly violated the SEC agreement (both versions). A follow up tweet doesn't allow him to bypass the pre-approval process he agreed to in the settlement.

gpm 7y ago
You don't need to be inferring the statement wasn't pre-approved. Musk has stated as much in court documents. Where you are wrong is your claim that it needed pre-approval under the first agreement. Only statements that Musk, in his own opinion, believed contained material facts need pre approval. Gloss on publicly known figures is not material, that is what Musk thought he was posting, therefore it did not need per-approval. The SEC tried and failed to push the argument you are trying to push in court. You can view the complete docket here. https://www.courtlistener.com/docket/7946295/united-states-securities-and-exchange-commission-v-musk/ https://www.courtlistener.com/docket/7946295/united-states-s... You can find musk making the admission I claim he made above in this court filing. You can also find a better version of the argument I made about the tweet not needing pre-approval. https://www.courtlistener.com/recap/gov.uscourts.nysd.501755/gov.uscourts.nysd.501755.27.0_1.pdf https://www.courtlistener.com/recap/gov.uscourts.nysd.501755...
- marvin 7y ago
  Thanks for the links, nice to see this clearly described. The journalists were much happier to write about a prospective scandal than about the fact that it didn't happen, so even as a not-quite-casual observer, it hasn't been so easy to pick up the details on this.

kevinventullo 7y ago

And according to https://www.statista.com/chart/13435/tesla-vehicle-production/ https://www.statista.com/chart/13435/tesla-vehicle-productio... this compares to 86k in Q4 2018, and ~25k in Q4 2017. As a long term investor, is the exact number all that important compared to the general shape of the curve? (N.b. I have no position in $TSLA)