I don't know about the rest of you but I'm loving being witness to people melting down because they can't go frolicking about as they please for a few weeks.Elon Musk's epic bacon adventures
- Thread starter Eboue
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I don't know about the rest of you but I'm loving being witness to people melting down because they can't go frolicking about as they please for a few weeks.It's revolting that he's worshipped as being "relatable" by those cnuts in meme culture because he's a weirdo.
The feck is his problem?
He's genuinely unhinged.
If you squint ever so slightly it looks like he's having a meltdown.
His businesses aren't gonna make it through a proper recession?
His businesses aren't gonna make it through a proper recession?
Weed is a hell of a drug.
"Smartest man on the planet"
Tesla have just posted an unexpected profit resulting in the shares having gone up & Space X have just signed a deal with Nasa as one of three contenders for a supposed moon landing in 2024.
This is just a random Twitter meltdown which is great.
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Another classic example of a dumb persons idea of a smart person.
Is shorting your own company not considered insider trading? I feel like there might be some federal time on the way for this clown...
He may have actually lost his mind.
https://www-bbc-com.cdn.ampproject....re=https://www.bbc.com/news/business-52504187
https://www-bbc-com.cdn.ampproject....re=https://www.bbc.com/news/business-52504187
This was my first reaction as well.
So transparent, needs to push the share price down for another capital raise because Tesla burn through money at an insane rate. That 2 billion raise from a few months back has already been thrown in the Tesla incinerator.
Utterly illegal but Musk gives zero fecks and he’s great for Wall Street so he always gets away with it.
Utterly illegal but Musk gives zero fecks and he’s great for Wall Street so he always gets away with it.
Hasn't he actually been reprimanded by the board in the past for his Twitter shenanigans?
“reprimanded”... ooooh. It’s nothing more than lip service.
It’s completely illegal what he does to manipulate the share price.
The Department of Justice actually launched a criminal probe. But that could be for show as well. I don't really trust the US judicial system to get anything right involving the rich.
All of his tweets have to be vetted by his lawyers after the last court case. Clearly that hasn't happened here so he really doesn't give a feck or expect to be charged for it.
Why would he want to lower the share price for a capital raise?
In fairness, the simple fact that his twitter profile picture is of the original Deus Ex game makes me forgive all the rest of his idiocy.
Eat the rich.
Can someone explain like I'm 5 please?
What did that tweet mean?
Why did share prices fall/people sell?
How has he lost 3 billion? (The share price I guess?)
Why is he selling everything he owns?
I thought this lockdown would be ace for him, with all his self driving stuff, would be ideal for selling his stuff to companies incase lockdowns keep happening.
What did that tweet mean?
Why did share prices fall/people sell?
How has he lost 3 billion? (The share price I guess?)
Why is he selling everything he owns?
I thought this lockdown would be ace for him, with all his self driving stuff, would be ideal for selling his stuff to companies incase lockdowns keep happening.
Im being silly, but how does a meltdown on Twitter affect the price of the shares or have i missed something?
I think there are pretty strict rules about people who have information not generally available to the market such as a CEO... Saying things like the stock is over valued
Because people then go hummmm he should know better sell some... And the. Pension funds etc invested in there loose 15% of their investment and go....hummm pretty sure he broke the law there... Let's lawyer up
Isn’t that self explanatory? You won’t get a capital raise on overpriced shares when you’re diluting the company again.
The market is extremely volatile right now, if a CEO says his own company shares are overpriced and claims he’s selling up everything he owns including his own house because of the situation, what do you expect to happen in the market?
and you think they have a better chance of raising capital after the founder tanked his own stock?
interesting take
absolutely, he has previous.
I don't see the logic
the stock was booming after announcing great results, the perfect time to raise cash if needed
i think he's just off his rocker, personally
you are right. Raising capital is cheaper/easier, when the value of the company is higher.
Its not calculated behavior or 4-d chess. Its not the first time that he post stupid shit for no good reason.
To be fair, ‘Tesla shares are overvalued’ has been the most true thing he has said in a very long time.
Thanks.
In regards to your last point I meant his self driving trucks, and self driving cars? Wouldn't those be the ideal things to use now so humans didn't have to interact in taxis or with delivery drivers. As in, this virus is pushing us to a self driving future in a way?
Food deliveries still need to be made.
the technology isn't good enough yet and won't be for a long time, the coronavirus pandemic will be a memory before a mass roll out of self driving cars
"He smokes weed and likes memes though. He's just like us!"
Cockwarts, him and his fanbase.
https://news.sky.com/story/tesla-applies-to-become-uk-electricity-provider-11982381
Tesla applies to become UK electricity provider.
Tesla applies to become UK electricity provider.
Feel for that kid.
I saw this in a meme and thought it was a joke because of the two parents involved.
I thought the name thing was bollocks too but nope.