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Tesla Enters “Whistleblower Hell”

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Re: Tesla Enters “Whistleblower Hell”

#91

Post by permatech »

finnthehuman wrote: post #65
smallgovt wrote: post #43

Earlier quoted context omitted.

> At least from a PR perspective you don't want to engage like this if you have nothing to hide. Responding in public fashion is a rational choice for TSLA to make assuming: 1) There exist short sellers who are willing to engage in malicious activities that hurt shareholder value 2) Publicizing their efforts to fight back against said actors acts as a deterrent for further malicious activity. I don't know for sure, b…

Dude. You gotta let it go. These are pretty unsurprising allegations for a company like Tesla. And short sellers are not the boogieman, they're just an indication that the value of Tesla is highly uncertain.

Please don’t be so condescending

Re: Tesla Enters “Whistleblower Hell”

#92

Post by philwelch »

kemiller wrote: post #10
vikramkr wrote: post #7

Earlier quoted context omitted.

No, they really haven't. The best way to deal with shorts is to have a good quarter and crush them all. Or wait for a short squeeze. Lots of companies have misinformation spread by shorts all the time, but very few companies engage and attack shorts.

Tesla’s stock is shorted FAR more than any other company with comparable market cap. 30% of outstanding shares are shorted. It’s bonkers.

Because the market cap itself is bonkers. For every short seller there’s three to five fanboy speculators propping the stock price up.

Re: Tesla Enters “Whistleblower Hell”

#93

Post by pmorais »

Disappointing that the majority of the comments here are conspiracy theories about nefarious short-sellers somehow influencing coverage (including this article) and not a single person is discussing the seriously damning allegations of 1) millions of dollars of embezzlement 2) connections to organized crime and Mexican drug cartels 3) systematic firing of those who report impropriety to upper management and 4) using law enforcement to intimidate whistleblowers

Seriously this comment section of conspiratorial Tesla apologists is pathetic.

Re: Tesla Enters “Whistleblower Hell”

#94

Post by kreetx »

wnorris wrote: post #87
vikramkr wrote: post #4

Tesla (or at least Elon) has a terrible habit of engaging with critics in deeply unproductive ways, such as all the anti short seller stuff they pulled. It makes them look very defensive and seem like they feel vulnerable/cant face the criticism, and maybe it's because they actually are vulnerable and doing things that merit short selling and whistleblowing. At least from a PR perspective you dont want to engage like…

There appears to be an active group working to create these stories in order to create a 'whistleblower hell'. Elon occasionally does not help this, but authorities should look into the allegations that a group is actively manipulating Tesla employees for these types of stories. https://cleantechnica.com/2019/07/21/were-cnbc-sources-tesla...

Elon gets a lot of hate unfortunately due to his position in the industry, and also I guess the age we're in.

See this tweet from Paul Graham for example https://twitter.com/paulg/status/1122987659079618563

People notice the hate, and although there most probably are issues in the factories, then the reporting of them is way bent to the negative.

Re: Tesla Enters “Whistleblower Hell”

#95

Post by bjelkeman-again »

sjwright wrote: post #79
pfundstein wrote: post #57

Earlier quoted context omitted.

AP does actually "take control away" in that it performs some emergency safety maneuvers automatically. For instance it can swerve to avoid an imminent collision with another vehicle, but would it swerve into a pedestrian?

AP never override's the driver's steering wheel input and it never stops the driver from pushing the brake pedal. AP never takes control away.

The new Emergency Lane Departure Avoidance actually briefly overrides my steering. It is somewhat annoying on a very narrow road, so I turn it off.

Re: Tesla Enters “Whistleblower Hell”

#96

Post by Phenomenit »

unityByFreedom wrote: post #68
smallgovt wrote: post #43

Earlier quoted context omitted.

> At least from a PR perspective you don't want to engage like this if you have nothing to hide. Responding in public fashion is a rational choice for TSLA to make assuming: 1) There exist short sellers who are willing to engage in malicious activities that hurt shareholder value 2) Publicizing their efforts to fight back against said actors acts as a deterrent for further malicious activity. I don't know for sure, b…

Someone motivated to short-sell might be further motivated to state their case publicly. What's wrong with that? Short selling is part of a functioning market. It's not some evil thing. It's one mechanism the financial world uses to gauge company value. I'm shocked every time I read this conspiracy theory on HN. The positions of these traders are public . The only response to short sellers is to focus on your busines…

It just seems odd that a healthy market has actors that profit from the failures of companies. If it's healthy how do I profit from global climate disasters? I'll just keep investing in prison companies for now. /s

Re: Tesla Enters “Whistleblower Hell”

#97

Post by syshum »

finnthehuman wrote: post #65
smallgovt wrote: post #43

Earlier quoted context omitted.

> At least from a PR perspective you don't want to engage like this if you have nothing to hide. Responding in public fashion is a rational choice for TSLA to make assuming: 1) There exist short sellers who are willing to engage in malicious activities that hurt shareholder value 2) Publicizing their efforts to fight back against said actors acts as a deterrent for further malicious activity. I don't know for sure, b…

Dude. You gotta let it go. These are pretty unsurprising allegations for a company like Tesla. And short sellers are not the boogieman, they're just an indication that the value of Tesla is highly uncertain.

Short Sellers are a massive plague on the market, short selling should be banned in general

Re: Tesla Enters “Whistleblower Hell”

#98

Post by syshum »

tenpies wrote: post #50
r00fus wrote: post #33

Earlier quoted context omitted.

Disagree that short-sellers somehow get to be grouped with whistleblowers. That’s whitewashing them. They are foreign actors with literally a negative stake and deserve to be treated as adversaries.

> adversaries They are literally paying you , the Tesla long/holder, for the privilege of borrowing your shares or buying options that you are selling. If you own shares and believe in the company, you should be absolutely in love with short sellers because their activities net you money. Nothing a short seller can do will destroying a financially secure, sound company. Nothing . Meanwhile you get to collect interest…

>>Nothing a short seller can do will destroying a financially secure, sound company. Nothing.

That is factually wrong. In today's news cycle, Cancel Culture, and panicky investors there are all kinds of ways a malicious actor can and do manipulate stock prices that have exactly ZERO to do with the companies finances

To believe otherwise is utterly naive

Re: Tesla Enters “Whistleblower Hell”

#99

Post by ghaff »

Phenomenit wrote: post #96
unityByFreedom wrote: post #68

Earlier quoted context omitted.

Someone motivated to short-sell might be further motivated to state their case publicly. What's wrong with that? Short selling is part of a functioning market. It's not some evil thing. It's one mechanism the financial world uses to gauge company value. I'm shocked every time I read this conspiracy theory on HN. The positions of these traders are public . The only response to short sellers is to focus on your busines…

It just seems odd that a healthy market has actors that profit from the failures of companies. If it's healthy how do I profit from global climate disasters? I'll just keep investing in prison companies for now. /s

Essentially every stock sale (barring a need for immediate cash for another purpose) is a bet that stock isn’t going to perform as well as alternative investments over time. So, yes, pretty much anyone who trades in stock is betting on companies to, if not fail, underperform the market over time.

Re: Tesla Enters “Whistleblower Hell”

#100

Post by joshuamorton »

grecy wrote: post #80
Lendal wrote: post #15

I never see stories about Ford's current lawsuits, or GM or Chrysler. I'm curious what goes on behind the scenes to get stories like these published and pushed out onto social media sites across the globe. Must be a pretty expansive operation because I see it every week, same stuff week in and week out. Is it true that other companies don't have disgruntled employees? I find that difficult to believe.

There are trillions of dollars at stake in the auto industry that Tesla is trying to seriously disrupt. There are trillions of dollars at stake in the launch industry that SpaceX is trying to seriously disrupt. There are trillions of dollars at stake in the ride-share/taxi industry that Tesla/Elon is trying seriously to disrupt. There are a lot of people who are working very hard to paint a very negative picture of E…

Over what timescale?

United Launch Alliance, SpaceX's main (only?) competitor pulls in a few billion in revenue a year. Profits are well under $100 million, so we're talking Trillions over a couple thousand years. Arguably, if we're disrupted into a spacefaring species, this could change, but there's physical problems with that.

You might be correct about rideshare/taxi industries over a 100 year timespan or something, but not before Elon dies.

So that leaves car industries. Which are the closest, but EVs aren't going to take over any time soon, and other carmakers are better at logistics than Tesla, and that's the important part.

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