Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

latimes.com

Post reply on HN
Print view View original

131–140 of 225 posts

Re: Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

#131

Post by L_226 »

Despegar wrote: post #8

>Of more concern to Tesla investors: What if he knows something they don’t know about the company’s financial future — and is hoping to hang any failure on the nasty, overreaching regulators rather than his own dubious management skills? That seems very possible. I think the reality of scaling up Tesla to live up to its valuation might be too daunting for Elon to handle. It might even be impossible. EV sales as a % o…

I have always thought that the real potential in Tesla is a fully-realised gigafactory. When you can near totally automate complex manufacturing at scale, you can basically whitelabel the factory as a product in and of itself (or put it in orbit and build Mars habitats :)

Re: Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

#132

Post by sudoaza »

> The SEC says Musk has manifestly violated an agreement reached in September, when he settled an SEC lawsuit by consenting to have his tweets preapproved by Tesla attorneys before sending them out on Twitter. > That didn’t stop Musk from issuing an unapproved tweet at 7:15 p.m. EST on Feb. 19,

Who the fuck this people are?!?! Besides, no one got the 420 stock price joke???!?!!

Re: Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

#133

Post by TeMPOraL »

yread wrote: post #128
mandeepj wrote: post #119

Earlier quoted context omitted.

Musk has already promised a $25k Model 3 in 3 years. https://electrek.co/2018/08/17/tesla-cheaper-25000-electric-...

Oooh Musk promised something. That will surely happen, then.

It tends to, yes, once you account for Musk Time (which is something around 1.8x normal time, AFAIR).

Re: Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

#134

Post by Mirioron »

elliekelly wrote: post #91
newsbinator wrote: post #49

Earlier quoted context omitted.

This begs the question: does Elon Musk seem like the kind of person who isn't willing to fail in public? Whether it's for personality reasons or for the sake of keeping his other companies well respected, is he unwilling to let the public lose confidence in him and/or his projects? My guess is he doesn't care that much about our opinions of him, personally and professionally. He might be picking a fight with the SEC…

There’s no such thing as “FU money” with the SEC though. They can bar him from serving in any fiduciary capacity on behalf of any company under their jurisdiction. For life. Musk is playing with fire.

In the US. The world's a big place.

Re: Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

#135

Post by harry8 »

dingaling wrote: post #110
vertex-four wrote: post #104

Earlier quoted context omitted.

The Bolt isn’t the Volt.

But it does illustrate wooden-headed marketing. Two such similar names and no implicit means of distinguishing one from the other, except perhaps "the one that sounds like it should be the pure EV isn't". No wonder people are confused and think GM is discontinuing the EV. I can't imagine Apple releasing the yPhone alongside the iPhone.

Haha. Great line. Forevermore I shall refer to it as the yPhone. Cheers!

Re: Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

#136

Post by kwhitefoot »

Despegar wrote: post #8

>Of more concern to Tesla investors: What if he knows something they don’t know about the company’s financial future — and is hoping to hang any failure on the nasty, overreaching regulators rather than his own dubious management skills? That seems very possible. I think the reality of scaling up Tesla to live up to its valuation might be too daunting for Elon to handle. It might even be impossible. EV sales as a % o…

> If EV's do take off

EV's have already taken off. It's only a matter of time before the fossil fuelled car business is just a niche product.

Re: Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

#137

Post by solarkraft »

TeMPOraL wrote: post #133
yread wrote: post #128

Earlier quoted context omitted.

Oooh Musk promised something. That will surely happen, then.

It tends to, yes, once you account for Musk Time (which is something around 1.8x normal time, AFAIR).

Yep. Look at his announcements from a few years ago. "How is he going to build that many charging stations?". I find it pretty impressive how much of that happened exactly the way it was announced.

Besides: The Germans are struggling just as much delivering their highly announced flagship EVs.

Re: Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

#138

Post by solarkraft »

serf wrote: post #126
mandeepj wrote: post #120

Earlier quoted context omitted.

fraud? exposed? You don't start two or rather three industries with those qualities

I agree that 'fraud' and 'exposed' are complete hyperbolic falsities , but what industries did Musk start, exactly? The closest I can think of is his early e-banking-ish stuff.

- Internet banking (has wasn't the only one, but successful in it [he participated in what is now called PayPal])

- Commercial space launches (admittedly there's competition, but with different goals/ none have come this far) with LANDING ROCKETS

- Consumer electric vehicles (How would you disagree with this? There was nothing serious before Tesla. )

He hasn't invented much technology. But often enough he saw that we're not using our tech to its full potential and worked on doing exactly that. Pretty successfully, I would say.

Re: Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

#139

Post by xiphias2 »

TeMPOraL wrote: post #133
yread wrote: post #128

Earlier quoted context omitted.

Oooh Musk promised something. That will surely happen, then.

It tends to, yes, once you account for Musk Time (which is something around 1.8x normal time, AFAIR).

Things work out well if you use Mars years (1.9x)

Re: Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?

#140

Post by xiphias2 »

unityByFreedom wrote: post #81
techslave wrote: post #45

Earlier quoted context omitted.

> EV sales as a % of total vehicle sales is surprisingly low. What’s surprising about it?

Tesla's valuation

Tesla's growing 50% / year, and the valuation shows expected future earnings.

Only some Chinese electric car companies grow faster than Tesla.

So far it looks like in 10 years electric cars will get cheaper than gas cars, which makes the case for the future earnings potential.

Post reply on HN