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I'm curious. How is what was flippantly suggested related to securities fraud?
SEC regulates crypto currency issuances now.
even the SEC's report said not all blockchain based cryptographic tokens are securities, so they're not confused about it, why are you?
Tesla should just mint their own crypto. IF filecoin gets 200M for a white paper, Tesla can get 20B.
I would not recommend committing securities fraud.
the SEC isn't confused about that, they mention it directly in the often cited DAO research report they released
Earlier quoted context omitted.
I would not recommend committing securities fraud.
I'm curious. How is what was flippantly suggested related to securities fraud?
Which they argueably are.
It's interesting to me that in May of last year Snap, Inc raised about the same amount of money. I've never understood how some companies need so much money. To me it makes sense for Tesla. They are building actual cars and that is expensive. What on earth did Snap need a 1.8 billion for?
To put it in a pool and swim in it, like Scrooge McDuck?
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There was a discussion on HN a few days ago dealing with this issue. https://news.ycombinator.com/item?id=14964857
Thank you. I missed that one. I do notice it is specifically about cell phones, though I suspect it is difficult to tell where else it is used. I don't own enough shares to pressure them into ethical sourcing and, honestly, hadn't even given it much thought until just now. I only have ~850 shares. Which, while a bunch, isn't going to influence much. It does make me curious.
It's interesting to me that in May of last year Snap, Inc raised about the same amount of money. I've never understood how some companies need so much money. To me it makes sense for Tesla. They are building actual cars and that is expensive. What on earth did Snap need a 1.8 billion for?
A little imprecision in the article: "The company, founded by Musk in 2003" is untrue. Musk joined the company after it was funded.
I keep seeing that. I'm not sure where it comes from. You're correct, obviously. I'm just not sure why people think he was a founder, or the founder?
That's considered junk bond level today. Historically, it's not a bad interest rate. It's an OK deal for Tesla.
If there are any college student hackers interested in pushing boundaries MHacks is going to allow you to hack a Tesla this September in Ann Arbor.