Geniuses do not deal with these little details.
Just like he did away with dealerships, Elon will get concessions from government.
Tesla will insure you if no one else will.
Dont get hung up with minutia.
At most, its a preliminary investigation and they havent notified Tesla or asked for information.
Stock will be $1900 by Friday.
Tesla: Have not received any communication from SEC
25 Mins Ago
CNBC's Sharon Epperson reports the latest in the story that the SEC is investigating Tesla for a possible securities breach.
This is crazy, these outdated rules should not apply to a genius like Musk. How we ever going to get
a redundant population on Mars if we keep playing by these old rules?
While the autopilot makes me nervous, it's mostly because people are idiots. They take a new technology, one that Tesla warns is a Beta test, and trust it? Tesla really should come up with a retinal tracker or other technology to insure the driver is monitoring the system.
Agree completely that people need to pay attention.
That said, there isnt enough information or data to really say whether its more dangerous or safer.
It will brake for a larger adult sasquach, I've personally observed that on three occasions.
... but I've also hit two smaller ones and the car never even slowed..
Cant you be a little more empathetic? Elon is saving the planet, how about a
little understanding when things dont go exactly the way we want.
It is the price of reaching higher than others.
Positive fundamentals, its not even a going concern.
Accumulated and working capitol deficits were $33M and $9M respectably.
The Company remains highly dependent upon funding from non-operational sources. The Company’s consolidated financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The Company has an accumulated deficit of $33,529,573, and has a working capital deficit of $9,059,630 as of March 31, 2016. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of these uncertainties.
There are no assurances that the Company will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support The Company’s working capital requirements. To the extent that funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available the Company may be required to curtail or cease its operations.
Elon Musk had a hilarious response when his cousin asked for a Tesla discount
Look, I'll be honest — if I had Elon Musk as a family member I'd hit him up for a Tesla.
So it only makes sense that Lyndon Rive, SolarCity CEO and Musk's cousin, figured it was worth asking Musk for a discount on a Tesla. (Musk is also chairman of SolarCity.)
But when Rive finally got around to asking Musk for the discount, he was met with a pretty funny burn.
"I asked, 'Elon, hey can I have a family discount' and his answer is, 'Yeah absolutely. Go to TeslaMotor.com, buy the car online, and the price you see there is the family discount,'" Rive told Tech Insider. "Everyone gets a family discount."
So there you have it: Musk does not believe in preferential treatment for family members.
"I give Elon credit beyond the fact of being the best entrepreneur in the world, he treats everyone the same. Everyone. There’s no nepotism at all," Rive said.
Not that the lack of a discount deterred Rive at all. Rive has a Model S and his wife has a Model X, he said.
As for how Rive feels about Musk's snarky reply?
"It's totally fair," Rive said. "For the amount of car you’re getting, it's a totally fair price."
I think it comes down to Musk only getting interested in big bets, he has no interest in small easy projects, even though those are safer and more profitable.
He will either win, or lose, large. I think he is the only reason Tesla has gotten as far as it has. At some point, there does need to be a moderating influence from the board and CFO. The constant betting on the near impossible is not healthy for a company long term. Nor, is constantly raising that bet.
Is the company pulling a fast one. Did they think no one would notice.
The pre 14C listed listed a rollback of authorized shares after the reverse split takes place.
The definitive 14C did not list that rollback.
I thought 50X was bad enough!
Called investor relations, halt probably a good thing til some of this gets sorted out, actually impressed SEC acted so quickly,
... emphasis on they're conducted business normally today.
I just hope they continue with updates, this is better than any soap opera.
Company was doing many things right, they dont need these distractions.
Elon is a genius, but isnt the returning part of the Space X rocket the first stage, and didnt Bezo's do that ahead of Space X?
Amazing that Bezos and Elon are giving the big boys fits and doing it for pennies on the dollar compared to Boeing, Lockheed, etc.
Close to the high, but on a very high volume up day.
Agree that the common person isnt going to make out as well with HCTI
as the market maker.
Other issue is I'm not privy to when the gang is going to dump.
Incredibly manipulated stock.