Hitting the news slowly, probs the front page tomorrow. It's warming up and he's been caught lying now. I came here a week ago to let you all know.
Between the personal bad press he's creating and the professional FUD he's creating (inviting SEC scrutiny by dumping his own stock). The board cannot in good faith stand behind a man creating this image for the company.
Elon Musk has created an exit plan, escape from being an illiquid CEO with rediculous terms and impossible expectations to being replaced or stood down with negotiations.
It bypasses many of the lock-ups on his current liquidity situation and creates a tidy situation to retreat for a while with his son.
Tesla is going to dump >Back now reminding you to short. Late is the same as wrong.
Yea, I can see that, Considering Elon has several experiences with losing his companies i'm sure he's well prepared for this pitfall. Do as they do, not as they say.
Levi Adams
He's my favorite autist. Whatever he backs next im literally all-in. But tesla isnt there yet. Doomp eit
Julian Mitchell
I think you're right. He's been through this when he didn't want to, so at this point he's likely looking at it as a quick and easy path to the good-parts-version of life.
Poor guy was hitting that midlife crisis on interview, talking about how without a *lot* of acceleration he won't ever see mars.
I wanted to hug him it was so sad ;-; Like bruh... all us nerds want nothing more... just wait till we finish the wealth transfer, what else you think we're gunna do but buy your tickets?
Liam Brooks
wrong. TSLA will moon just not the stock price, everything will be fine products wise. roadster, cyber truck, solar, tesla hvac, battery banks. tsla will moon in a year or two and this time 5-10k is target.
He's a somewhat unique financial personality, I can't think of a comparable company leader honestly. He has "fans" in the same sense as a media celebrity. I cannot see long term problems for tesla or musk separately But I cannot see them together right now. This invites too much speculation especially legal. Long term Tesla is a young GE with perks
The media have been winding up for a distraction story late-crisis, this might be it now that the market wont crash
>pic related
Levi Flores
I wish him absolutely all the best, if this isnt his plan then i hope it is. because being broke and working your dick off as a billionaire is a joke, especially when the compnay around you isnt living up to what you made it to be
Non-controlling CTO and consulting for a while until they really need him again for press
Levi Lopez
I am very positive on that, mostly because the competitor products by the old car companies are all very very ugly and will definitely be worse in many ways, especially the range.
It could also be a means of preserving autonomy during the crash.
Think about it - Elon can basically do with $1m what he can do with $100m. He needs a couple $B to make any substantial changes to the plans he's set in motion, and getting it will cost a pretty static amount engineering an MVP for some crazy plan we all shit our pants over.
Unlike a graceful exit, which happens over a long period of time, being fired provides immediate liquidation. You may sacrifice a ton based on vesting terms and repurchase discounts, but it's immediate. And that could be more valuable than an "optimal" exit 6 months from now when the market is bottomed out.
Yet, all that said, we have a very unique situation in which the trigger, SEC involvement, is coming from the statement, "tesla stock too high imo." Which means that if he's removed, the board is forced to pay him this very high price, or admit that he's correct. Which would obviate the need to fire him, so they couldn't do that. He just can't be removed without being paid out at this crazy inflated rate.
It's the smartest thing he could be doing rn from a purely financial perspective.
Samuel Thompson
>Which means that if he's removed, the board is forced to pay him this very high price, or admit that he's correct. Which would obviate the need to fire him, so they couldn't do that lmao what the fuck
Chase Walker
Im saying user.
It's literally exactly what the company needs long term right now.
Im retarded so what are the potential downsides?
Someone should email this to him btw
Grayson Moore
>rediculous
shoo shoo stinky pajeet
Adam Lee
the economy is in shambles you absolute sperg
Aiden Kelly
they'd have to negotiate. or at the very least alter or terminate his current agreement which is fucked for his personal situation. (looks great to shareholders though; uwu he's so invested) This is 4d back-to-front upside-down hungry hungry hippos
Christopher Campbell
post hands rajesh
anyone here from last week btw?
Jason Ross
For anyone who isn't named Tony Stark, the downside would be never ever ever getting funding again.
Something tells me our boi will be just fine. We just gotta get on with the singularity so he ain't the only one at bat. Shit must be isolating af.
Oliver Ramirez
Exactly my thinking, im sure im not considering something though.
ITT mostly agreement. I'm either not a faggot OP or I am supremely autistic. >either way im glad to know >in b4 the latter statement does not disregard the prior
TSLA should crash back down to the $200 range, which is pretty high of a value all things considering
Adam Cooper
>Tesla is going to dump What timeframe? A week? A month? Tomorrow? I want to maximize options gains.
Parker Hall
>digging up old news
Whatever helps you get through your Tesla Shorting losses lmao
Andrew Howard
honestly i dont fuck with the boring company.. its not public(?) so id say not
I cant see the vision, it'd be a great PR and consulting firm though
Grayson Gray
Yes you actually like Musk and everything he does is great. Except TSLA where you lost so much money already. Maybe you're just not cut out for this business buttercake.
Oliver Hernandez
i longed what i wanted on the way up. I beleive this is the start of the downward trend the company wants and needs.
This is the first short ive placed on tesla, because im a fan
if you could provide an argument id appreciate it?
Nathaniel Ross
The vision is a combination of cheaply produced boring units and AI. They've made great progress with speed, and at this point it's just a matter of production scale. Unlike surface roads, tunnels can be constructed concurrently without interrupting the flow of traffic in existing lanes. It's a technology that will provide astronomical cost savings to population-dense areas.
There's no liquidity situation, he has 6 children. He isn't going on a sabbatical except for your fantasy which has to align with your short position. This thread was meant to confuse people but you come across as the most confused person here.