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Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

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21–30 of 358 posts

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#21

The same guy who encouraged Elizabeth Holmes to ignore her engineers in favor of over the top promotion. Also a board member who failed (or chose not) to detect the underlying fraud... Every time I consider closing out my Tesla short position something like this happens and I get more confident that something is awry.

Have opened and closed a tesla short multiple times and it only ever frustrates me more each time. I'm hoping this bear market will push it down where it should be for once and all.

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#23
post #5

"As you know people, as you learn about things, you realize that these generalizations we have are, virtually to a generalization, false. Well, except for this one, as it turns out. What you think of Oracle, is even truer than you think it is. There has been no entity in human history with less complexity or nuance to it than Oracle. And I gotta say, as someone who has seen that complexity for my entire life, it's ve…

I won't anthropomorphize the lawnmower, but since Larry Ellison is a person, and our broken US legal system consider Oracle a person too, then Oracle has already been anthropomorphized by judicial fiat.

Both are greed.

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#24

3 million shares. Am I doing the math wrong or is that somewhere in the ball park of 500M to 1B depending on when they were purchased? That's quite a display of confidence.

Yup, it's a billion-ish USD at today's price of about $332/share. That's about 3% of Larry's reported net worth.

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#26
post #5

"As you know people, as you learn about things, you realize that these generalizations we have are, virtually to a generalization, false. Well, except for this one, as it turns out. What you think of Oracle, is even truer than you think it is. There has been no entity in human history with less complexity or nuance to it than Oracle. And I gotta say, as someone who has seen that complexity for my entire life, it's ve…

To be fair, this critque is more a critique on companies inside capitalism and it works when you remove all the Larry Elliot bashing and replace it with the word company: >There has been no entity in human history with less complexity or nuance to it than companies. >And I gotta say, as someone who has seen that complexity for my entire life, it's very hard to get used to that idea. It's like, 'surely this is more co…

Its unfortunate if you viewed Tesla as a game changer or a rising star. Bringing someone on with the character to marginalize all value for the quickest return, that might bother some. So if you were someone who wanted to give money to Tesla now you might think twice. This isn't about Oracle this is about Ellison.

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#27
post #11
post #7

Earlier quoted context omitted.

Yes, Oracle is bad. No, I don't love or even like them. But quoting Bryan's dramatic speeches every time Oracle or Ellison are mentioned is adding next to nothing to the discussion at this point. It's a great way to incite anger though.

My point is that this doesn't bode well for Tesla. My biggest complaint with Tesla is that they don't provide service manuals or have an open parts department for their vehicles. For comparison, pretty much every other major auto maker will sell you a book telling you how to fix anything on your vehicle, and will sell you the parts and special tools to do so. Not Tesla, and given what we know about Ellison, I very mu…

You also know what this means for relationships between Tesla and Waymo. Let the fireworks begin...

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#29
post #5

"As you know people, as you learn about things, you realize that these generalizations we have are, virtually to a generalization, false. Well, except for this one, as it turns out. What you think of Oracle, is even truer than you think it is. There has been no entity in human history with less complexity or nuance to it than Oracle. And I gotta say, as someone who has seen that complexity for my entire life, it's ve…

To be fair, this critque is more a critique on companies inside capitalism and it works when you remove all the Larry Elliot bashing and replace it with the word company: >There has been no entity in human history with less complexity or nuance to it than companies. >And I gotta say, as someone who has seen that complexity for my entire life, it's very hard to get used to that idea. It's like, 'surely this is more co…

[deleted]

Re: Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as Board Directors

#30

Wow, what is he bringing to the table?

Hopefully about $30-50 per share in "market confidence" in the midst of a bear market. Otherwise Tesla probably goes bankrupt in March.

I suppose short term gains is the only way the market knows how to function.
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