xkjkls

25 ms·

241.
by xkjkls 6y ago
> They can't handle when someone is expressive (aka the Tesla @ 420 tweet, he simply expresses his opinion) How is faking a buyout offer for your company expressive? That's fraudulent. > (weed is legal right? Yea, might smok
242.
by xkjkls 6y ago
Depends on how long term your bet against him is.
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by xkjkls 6y ago
Are they? They've had a cumulative $18 billion invested in the company and have lost a total cumulative $7 billion.
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by xkjkls 6y ago
And aggressive is not equivalent to irresponsible.
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by xkjkls 6y ago
They idea that you can't have an aggressive CEO who doesn't tweet dangerously irresponsible things about a pandemic, call an international hero a pedophile, or fake the largest corporate buyout in history doesn't seem to hold
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by xkjkls 6y ago
Plus there CapEx hasn't even met depreciation for years, indicating that they have been underinvesting in repairs and retooling.
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by xkjkls 6y ago
It seems pretty impossible to go completely carless in Los Angeles. In somewhere like New York/Chicago/DC you could do it, but LA seems way to spread out to not have a car.
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by xkjkls 6y ago
Hasn't the Tesla argument always been that EVs are going to take over the entire auto industry? I don't see any version of Tesla's success without EV success.
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by xkjkls 6y ago
He basically voiced this on the conference call, talking about how the Model S has HEPA filters and should filter out all COVID-19. Which was probably one of the more sane things he said on that conference call.
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by xkjkls 6y ago
It depends greatly on the ICE car and driving assumptions. For someone who generally only makes short trips, a plugin hybrid is going to be a more environmentally friendly choice long term, given the significant amount of emissions needed t
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by xkjkls 6y ago
Oil futures are under $40 all the way through the end of 2022: https://www.marketwatch.com/investing/future/clz22
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by xkjkls 6y ago
It's always going to be a factor. Total cost of ownership is one of the biggest factors in car sales.
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by xkjkls 6y ago
Tesla was stripping its R&D even before this pandemic though. They've cut R&D YoY from 2018 to 2019 which is basically unthinkable as a growth company.
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by xkjkls 6y ago
1. Not all of that cash is accessible; much of it is tied up in other countries like China, so with certain bills they won't be able to access it. 2. Tesla still has a large number of debt payments to make in that time period 3. Cash a
255.
by xkjkls 7y ago
The market can remain irrational for a long period of time. WeWork was worth 40 billion two years ago. Now it's worth a negative number.
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by xkjkls 7y ago
I'm not sure I would call Tesla a success. The company has racked up GAAP losses of close to $7 billion since going public, and has never made an annual profit. Whatever Elon Musk has created, it doesn't look anything like a susta
257.
by xkjkls 7y ago
$20 million for someone with a 11 figure fortune is a speeding ticket. We have to remember that he harmed people with hundreds of millions at stake on the price of the company by faking the largest corporate buyout in the history of the sto
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by xkjkls 7y ago
The point of these lawsuits is not only for the given civil case, but also for future situations like it. There's a reason for punitive damages.
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by xkjkls 7y ago
Why would borrowing something to sell only to buy it back to pay someone for borrowing it back be illegal?
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by xkjkls 7y ago
That punishment was a slap on the wrist compared to how much actions like this poison the public markets. Knowing the SEC won't act with real force in these situations will encourage penny stock CEOs and other characters to do the same
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by xkjkls 7y ago
Exactly. Can anyone name another CEO who could pull this stunt and wouldn't be immediately fired by his board? This whole ordeal exposed the complete lack of corporate governance in Tesla.
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by xkjkls 7y ago
Plenty of people long Tesla via calls are also included in this lawsuit. Claiming a buyout offer of $420 a share takes all of the calls above that figure to zero
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by xkjkls 7y ago
They own basically all consumers making six figure salaries. That is the high end customer base Ben is talking about.
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by xkjkls 7y ago
Yeah, Netflix has far more new exclusive content. And by that, I'm counting out all of the currently released movies Disney has also on Disney+, since many saw those in theaters.
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by xkjkls 7y ago
Content ages. People want new topical content. Even someone who owned the entire criterion collection would still have problems.
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by xkjkls 7y ago
> Netflix is not good at creating content. Why would you say that? These days, many of the most talked about and watched shows are Netflix content. Like for instance, Tiger King is the most talked about show in America right now, Netflix
267.
by xkjkls 7y ago
And for 99.99% of people the normal banking system is a better solution
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by xkjkls 7y ago
Why does this need to be decentralized? There are plenty of ways to do this without any of the huge costs of decentralization.
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by xkjkls 7y ago
Written today it feels like some of these technologies mentioned in the article should actually have demonstrated some real purpose.
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by xkjkls 7y ago
Why would IBM and Microsoft be in FAANG?

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