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Jfc musk is so done here

Go read his latest blog post to see how he explains what “fu...
Lilac Fantasy-prone Library
  08/13/18
xo should use its crypto wealth to buy tesla
Bateful resort
  08/13/18
what wealth??
Opaque nubile stage
  08/13/18
...
Henna Love Of Her Life
  08/13/18
link?
Passionate public bath
  08/13/18
Keep in mind that this was probably done with Wachtell’s hel...
bisexual prole
  08/14/18
Ftge I was rooting for this goofy fuck too
Lilac Fantasy-prone Library
  08/14/18
At least Tesla is bringing MAGA to car manufacturing. We're ...
Henna Love Of Her Life
  08/14/18
Let’s not forget that the enormous subsid...er, tax credit i...
bisexual prole
  08/14/18
risten
Heady roast beef
  08/14/18
There's also California's EV carbon credit swaps. Last time ...
Henna Love Of Her Life
  08/14/18
The month after tax credits expired in Hong Kong literally z...
bisexual prole
  08/14/18
Let's not look at Norway either...
Henna Love Of Her Life
  08/14/18


Poast new message in this thread



Reply Favorite

Date: August 13th, 2018 9:18 AM
Author: Lilac Fantasy-prone Library

Go read his latest blog post to see how he explains what “funding secured” means

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36607830)



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Date: August 13th, 2018 9:20 AM
Author: Bateful resort

xo should use its crypto wealth to buy tesla

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36607831)



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Date: August 13th, 2018 11:17 PM
Author: Opaque nubile stage

what wealth??

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36612867)



Reply Favorite

Date: August 13th, 2018 11:16 PM
Author: Henna Love Of Her Life



(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36612855)



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Date: August 13th, 2018 11:18 PM
Author: Passionate public bath

link?

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36612873)



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Date: August 14th, 2018 10:37 PM
Author: bisexual prole

Keep in mind that this was probably done with Wachtell’s help and it’s still the best they could come up with. Also, it turns out he hadn’t actually hired Goldman or Silver Lake. I don’t understand how anyone is saying he’s anything less than fucked. This is a Kalanick-level meltdown for a public company CEO.

Finally, there were report today that Model 3 bumpers are falling off when it rains due to shitty manufacturing.

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36618320)



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Date: August 14th, 2018 10:48 PM
Author: Lilac Fantasy-prone Library

Ftge I was rooting for this goofy fuck too

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36618381)



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Date: August 14th, 2018 10:56 PM
Author: Henna Love Of Her Life

At least Tesla is bringing MAGA to car manufacturing. We're back to 1970s/80s level quality!

EV cars are fundamentally negative margin businesses. Every car maker loses a shitload of money on these cars (~$10k each). No one makes money, not Toyota, not Honda, not Tesla, etc. But with how much Tesla rips off buyers, I thought they'd at least eke out a small profit.

The stock price of Tesla is pure insanity.

edit: The 8-K Tesla filed today announcing a committee for reviewing any proposal confirms there's no plan, no source of financing. There's nothing. Seems more like the board covering their ass.

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36618422)



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Date: August 14th, 2018 11:15 PM
Author: bisexual prole

Let’s not forget that the enormous subsid...er, tax credit is expiring very soon. That might hurt demand.

The board basically sold Musk down the river today. They had no choice. Also, finally hired independent counsel for the securities investigation targeted at the company. I’m sure Paul Weiss pointed out they have a duty to defend shareholders against the company’s unhinged founder.

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36618535)



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Date: August 14th, 2018 11:15 PM
Author: Heady roast beef

risten

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36618540)



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Date: August 14th, 2018 11:18 PM
Author: Henna Love Of Her Life

There's also California's EV carbon credit swaps. Last time I checked they were worth about $20,000 per car that Tesla sold. The only time Tesla showed any profit was due to sales of the carbon credits -- this was really the game Elon was playing hoping to capture a significant portion of these credits.

The EPA is looking to revoke CA's waiver of the federal regulations. If/once this happens Tesla is more than fucked (they're already fucked so this is an exponential increase in fuckery).

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36618552)



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Date: August 14th, 2018 11:25 PM
Author: bisexual prole

The month after tax credits expired in Hong Kong literally zero Teslas were sold: https://www.washingtonpost.com/amphtml/news/innovations/wp/2017/07/10/teslas-sales-stall-in-hong-kong-as-tax-breaks-end-could-the-u-s-be-next

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36618597)



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Date: August 14th, 2018 11:28 PM
Author: Henna Love Of Her Life

Let's not look at Norway either...

(http://www.autoadmit.com/thread.php?thread_id=4050744&forum_id=2#36618616)