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Elon lied and said he had funding secured to take tesla private. SEC came in and got a settlement from tesla because it was a crime. This in late 2018 however
by incomingpain 2y ago
Elon lied and said he had funding secured to take tesla private.
SEC came in and got a settlement from tesla because it was a crime.
This in late 2018 however changed the situation greatly at tesla. Shortly after this, yes the model Y and Cybertruck eventually happened but tesla really slowed down. Not well known, but essentially the usa government took control of tesla after this. The government even voided his compensation as being ceo. Essentially forcing him to work for free.
If I look at Tesla's financials right now.
12.87% % of Shares Held by All Insider
But "all insider" isn't just Elon himself. That's all the peoples at the top.
You might imagine that Tesla is basically on autopilot now. Elon doesnt even own that much of tesla anymore. Doesnt really direct it much anymore. Far more interest in other private interests like spacex.
Then you have political movements of domestic terrorists firebombing and vandalizing teslas that have nothing at all to do with elon or tesla.
Tesla is in bad shape.
- tenacious_tuna 2y ago> firebombing and vandalizing teslas that have nothing at all to do with elon Can you elaborate on this? AFAIK it's entirely to do with Elon & his politics.
- incomingpain 2y agoThe ownership of a tesla car after it's sold has nothing to do with elon. Any debt moves to someone else. Insurance is someone else. Elon and his financial interests are not involved at all. 0$ impact to elon. Moreover, if you're looking at politics. Republicans dont own teslas... it was democrats who pushed electric cars and tended to buy teslas. So it's democrats destroying other democrat's cars. What's very suspicious to me is that because of the firebombings, now republicans are buying teslas? lol what? did tesla realize they were politically walled in sales and have staged this to sell more? perhaps too conspiracy.
- dc396 2y ago> Elon and his financial interests are not involved at all. 0$ impact to elon. This would only be true if Elon did not own any TSLA stock. > Moreover, if you're looking at politics. Republicans dont own teslas... it was democrats who pushed electric cars and tended to buy teslas. So it's democrats destroying other democrat's cars. From https://x.com/i/grok/share/vqgQXxcDQZN99MYy69UYCZKxz https://x.com/i/grok/share/vqgQXxcDQZN99MYy69UYCZKxz "However, by late 2023 (the start of the 2024 model year), that shifted dramatically—only 15% of Tesla buyers were Democrats, while Republicans rose slightly to 32%, and Independents jumped to 44%."
- queenkjuul 2y agoNeither you nor trump nor musk will ever convince me that vandalism is terrorism.
- incomingpain 2y ago>Neither you nor trump nor musk will ever convince me that vandalism is terrorism. I guess technically I havent seen trump nor musk say this. It was the FBI who labelled it such. Domestic terrorism to me is ideologically or in this case politically motivated violence with an intent to influence or coerce the victims into changing something they dont want to change. That's totally what's happening here.
- queenkjuul 2y agoVandalism is violence? You won't convince me of that, either.
- jkestner 2y agoProperty is people too.
- queenkjuul 2y agoThat's very funny
- nullocator 2y agoThe FBI, headed by Kash Patel? The FBI, an organization recently purged of people deemed disloyal to Trump? That FBI? Forgive me if I don't see a difference between the FBI labeling it terrorism and Trump/Musk doing it, its all the same thing. Vandalism is not Terrorism, however, repeatedly calling vandalism terrorism as a justification to allow black bagging or deportation (without typical due process) of someone who spray painted some cars sounds a lot like fascistic propaganda to me. When I was twelve I got caught tagging an abandoned building, I was prosecuted for this and had to pay a fine and attend diversion. Sounds like you think a more appropriate punishment would have been for me to be branded as a terrorist and shipped out of country.
- JohnnyHerz 2y agoNothing in your post has anything to do with the fundamentals of Tesla's business. You are just echoing the anti-elon propoganda. The anti-Elon movement is a moment in time that will not affect the longterm viability of Tesla's business model. Like it or not, Tesla as a company is still years ahead of other US competitors and has a significant competitive advantage in the marketplace. Tesla is not "in bad shape" relative to the competition. IF you are going to talk about auto companies in "bad shape", Tesla doesn't even make the top 10
- apercu 2y agoDo you own Tesla stock?
- JohnnyHerz 2y agoNope. No Tesla Stock_ Not an Elon Fanboy_ Not a Trumper just can't stomache ignorance
- warningforever 2y agoAnd you're sure you're not one of Elon's alts? He so loves his alts.
- apercu 2y agoIf Tesla fundamentals are so good, why not?