Re: tesla motors
Posted: Thu Aug 02, 2018 12:32 pm
That is not dead which can eternal lie, and with strange aeons bring us some web forums whereupon we can gather
http://garbi.online/forum/
Just keep in mind that that's exactly what Teslas beginning the machine revolution would want you to think...mori wrote: Thu Aug 02, 2018 5:56 pm so I do not think they are communicating and planning the machine revolution.
Is the Model X brand new? The owner is probably playing around with/showing off the app. "Look, I can turn on the lights!"mori wrote: Thu Aug 02, 2018 5:56 pm Maybe you Tesla fans can help me out. Today at work a customer's Model X and P85 were parked near where I was working. Every so often the Model X lights would come on for a few minutes then turn off. No one is around the car, the owner is a thousand miles away, what the hell is it doing? The P85 is sitting there like a normal car that is not running so I do not think they are communicating and planning the machine revolution.
Yeah, it looks like they bumped all the paint prices but basic black by $500... and I am still regretting dropping AWD. If I had known the offer on my trade would be so good I never would have dropped it. Oh well, it's not like I need AWD at all.telcta wrote: Thu Aug 02, 2018 11:03 pm I’m happy for you Coop!
I feel I’m still in for a long wait but I hope to get the car before winter. I just read tonight that they increased the price for Pearl White and Red to $2,000 and the dual motor is back to $5,000.
No they have had it for over a year at least. My coworkers have also noticed that car doing it all the time.LawBeefaroni wrote: Fri Aug 03, 2018 8:59 amIs the Model X brand new? The owner is probably playing around with/showing off the app. "Look, I can turn on the lights!"mori wrote: Thu Aug 02, 2018 5:56 pm Maybe you Tesla fans can help me out. Today at work a customer's Model X and P85 were parked near where I was working. Every so often the Model X lights would come on for a few minutes then turn off. No one is around the car, the owner is a thousand miles away, what the hell is it doing? The P85 is sitting there like a normal car that is not running so I do not think they are communicating and planning the machine revolution.
Tesla chief Elon Musk stunned investors Tuesday when he tweeted that he was considering taking the company private, sending its stock soaring more than 6 percent.
Musk said he had “funding secured” to take the all-electric automaker private at $420 a share, far above its current $360 stock price. That would value the company — already the United States' most valuable automaker — at more than $70 billion.
...
Musk has long voiced annoyance with the public markets, where the company is beholden to investors and must report quarterly on its losses. The automaker is also the most shorted on Wall Street, with many investors betting the company will fail.
I am not quite sure that's how going from a publicly traded to private company works?Def no forced sales. Hope all shareholders remain. Will be way smoother & less disruptive as a private company. Ends negative propaganda from shorts.
It could be done.pr0ner wrote: Tue Aug 07, 2018 3:11 pm
I am not quite sure that's how going from a publicly traded to private company works?Def no forced sales. Hope all shareholders remain. Will be way smoother & less disruptive as a private company. Ends negative propaganda from shorts.
Typically, buyouts like this involve a new investor buying out smaller shareholders, since there are regulatory barriers to a privately held company having many small shareholders. But Musk said he'd look for a way to allow current Tesla shareholders to continue holding Tesla stock.
"My hope is all current investors remain with Tesla even if we're private," Musk tweeted. "Would create special-purpose fund enabling anyone to stay with Tesla. Already do this with Fidelity's SpaceX investment."
I hope he faces SEC fines for doing that over twitter. This totally looks like he's manipulating shorts.LawBeefaroni wrote: Tue Aug 07, 2018 3:23 pm They buy out the public share holders. Musk has promised (on Twitter) that current shareholders will be allowed to convert to private equity. But really that's not his call.
This all stinks. It's certainly a way to drive the price over $420 as retail schmucks see it as the only way to get a piece of the company.
Thanks. This whole thing feels so, so shady.stessier wrote: Tue Aug 07, 2018 3:23 pm It could be done.
Typically, buyouts like this involve a new investor buying out smaller shareholders, since there are regulatory barriers to a privately held company having many small shareholders. But Musk said he'd look for a way to allow current Tesla shareholders to continue holding Tesla stock.
"My hope is all current investors remain with Tesla even if we're private," Musk tweeted. "Would create special-purpose fund enabling anyone to stay with Tesla. Already do this with Fidelity's SpaceX investment."
This nine-word tweet boosted @elonmusk’s net worth by $400 million, according to @robtfrank.
Con Artist seems wrong. Genius and entrepreneur with no sense for value? He's the day dreamer about the billions dollar business based on his vision with the skill to create but no ability to connect the dots to the finances involved. He's (metaphoric for his type), quite frankly, is necessary to drag us all kicking and screaming forward irrespective of the value of something right now. TESLA is the right namesake. Musk just lives in an era where he can leverage investors instead of being locked away being leveraged by them.
Apparently the SEC has said that companies can use social media to announce important business as long as they alert investors that company news can come from those channels. My understanding is that shortly after that Tesla said to pay attention to Elon Musk's Twitter feed. So I don't think there's an issue with him doing this over twitter.noxiousdog wrote: Tue Aug 07, 2018 3:28 pmI hope he faces SEC fines for doing that over twitter. This totally looks like he's manipulating shorts.LawBeefaroni wrote: Tue Aug 07, 2018 3:23 pm They buy out the public share holders. Musk has promised (on Twitter) that current shareholders will be allowed to convert to private equity. But really that's not his call.
This all stinks. It's certainly a way to drive the price over $420 as retail schmucks see it as the only way to get a piece of the company.
Con artist is the right word. He overpromises and underdelivers. He engages in shady business practices in both the investment and labor markets. He tolerates no criticism.LordMortis wrote: Tue Aug 07, 2018 3:36 pmCon Artist seems wrong. Genius and entrepreneur with no sense for value? He's the day dreamer about the billions dollar business based on his vision with the skill to create but no ability to connect the dots to the finances involved. He's (metaphoric for his type), quite frankly, is necessary to drag us all kicking and screaming forward irrespective of the value of something right now. TESLA is the right namesake. Musk just lives in an era where he can leverage investors instead of being locked away being leveraged by them.
I hope his lawyers would throw themselves in front of any attempt by him to sell shares. If they're doing their job they should be making sure that no relatives are selling shares either.noxiousdog wrote: Tue Aug 07, 2018 3:35 pm While that's true, it's not actually transferable into cash. He has to file sales, and as far as I know, he hasn't been selling any shares.
I do think he'd be better off with it private. He can't keep his mouth shut and act professional publicly, but the whole thing is still sketchy and his lack of commitment to transparency is troubling.
Tesla had no business sense. Edison was much more of the business showman.
coopasonic wrote: Mon Aug 13, 2018 10:22 am I got a ride in an RWD Model 3 this weekend. That was pretty nice. I think I'll get one.
R&P ahead... WARNING
If I read correctly, Musk is saying 1/3 share ownership is projected. That's the projection....Zaxxon wrote: Mon Aug 13, 2018 1:12 pm I'm not a fan of the idea of a large Saudi investment, either. But to be clear, we're not talking a controlling interest.
A total buyout of Tesla would cost more than $70 billion. But Musk says he's hoping that many of Tesla's major shareholders will choose to remain as shareholders in the new, private company. That would reduce the amount of cash required, since funding would only be needed to buy out shareholders who wanted to cash out.
"My best estimate right now is that approximately two-thirds of shares owned by all current investors would roll over into a private Tesla," Musk wrote, implying that a buyout might require between $20 billion and $30 billion in cash.
I hope you are right. We've got safety violations in his factory with his ridiculous response to Reveal, his almost Trumpian twitter behavior in regards to the cave rescuer and now he is thinking of taking literal blood money to get out from under the shorters (and perhaps committing SEC violations on his way). I was excited for America to have another Ford moment, but I guess I have to remember that Henry Ford was an asshole of the highest order who cared very little for cute things like human rights. It feels a bit like being a Bronco fan and happy with the results Romo got us but with greatly lessened pride when I acknowledge it came dirty.Zaxxon wrote: Mon Aug 13, 2018 1:22 pm Correct. Somewhere around 1/3 of total ownership is what's being discussed, split across KSA and any other entities that join. Also note that KSA already owns around 5%.
If you believe that Elon Musk is going to complete this transaction in a way that will significantly influence (to the negative) Tesla's mission of accelerating the advent of sustainable transportation, I've got some wonderful land near the Everglades that I'm getting ready to list. LMK if interested.