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Tesla Enters “Whistleblower Hell”

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131–140 of 162 posts

Re: Tesla Enters “Whistleblower Hell”

#131

Earlier quoted context omitted.

Investors have valued Ford at $141B. Assets doesn't affect that statement one bit. It's a piece of evidence that investors might be wrong. It's an easy double. Buy Ford, sell of the assets, pay off the debt and pocket $110B for a cost of $42B. Since that's not happening, nor anything like it, investors don't think Ford assets are worth $250B.

Sure, the statement is correct, but misleading. An apples to apples comparison between Ford and Tesla to compare valuation means teasing out the part of Ford that actually makes cars. Lumping in the financial services arm makes no sense if intellectual honesty is the goal. And in any case, EV isn't at all the final word you're making it out to be. If Ford takes on $100bn of debt to finance $100bn of cars with zero ma…

> Is Tesla now suddenly even-more-undervalued compared to Ford? Nope.

Who said Tesla was undervalued?

Re: Tesla Enters “Whistleblower Hell”

#132

Earlier quoted context omitted.

Sure, the statement is correct, but misleading. An apples to apples comparison between Ford and Tesla to compare valuation means teasing out the part of Ford that actually makes cars. Lumping in the financial services arm makes no sense if intellectual honesty is the goal. And in any case, EV isn't at all the final word you're making it out to be. If Ford takes on $100bn of debt to finance $100bn of cars with zero ma…

> Is Tesla now suddenly even-more-undervalued compared to Ford? Nope. Who said Tesla was undervalued?

Less overvalued works too, if you prefer.

I take it you're not interested in addressing my actual argument given you've deflected twice.

Re: Tesla Enters “Whistleblower Hell”

#133
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…

If you have any examples of companies who weren't doing something unsavory and had a recurrent problem with whistleblowers I'd love to hear them.

Since you made both a condition, 99% of large corporations.

If you meant either/or, Patagonia. Clifs. Panera. In n out. There's way more but hopefully you get the point.

Re: Tesla Enters “Whistleblower Hell”

#134
post #64
post #62

Earlier quoted context omitted.

I find both extremely implausible, both individually and (especially) in combination.

You've never heard of rumor-mongering short sellers? Very much a real phenomenon, hard to catch them and it's very lucrative.

My favorite short seller is the guy who said Tesla was in delivery hell. Then logistics hell. Then short seller hell.

Because apparently figuring out the basic business functions of your chosen industry is hell.

Re: Tesla Enters “Whistleblower Hell”

#135
post #50

Earlier quoted context omitted.

> 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…

Tesla will likely need to raise around $5-10B to complete all of the capital investments they need to perform over the next few years. If short sellers use negative news to bring the stock price down it raises the dilutive cost to Tesla of raising more capital. Secondly there are people who are incredibly intelligent but just too busy living their life to do in depth research about every article they read online, esp…

There are many people who already have Teslas that can't get them repaired after nearly a year in the shop due to parts shortages...

Tesla's biggest problem is current owners with outstanding Tesla issues. If you can't take care of the people who already open your products why would a potential buyer think you'd take care of them?

Re: Tesla Enters “Whistleblower Hell”

#136

Earlier quoted context omitted.

> Is Tesla now suddenly even-more-undervalued compared to Ford? Nope. Who said Tesla was undervalued?

Less overvalued works too, if you prefer. I take it you're not interested in addressing my actual argument given you've deflected twice.

Ford is perhaps the most undervalued company on the stock market, according to a bunch of metrics, one of which you've pointed out.

So saying that Tesla is overvalued compared to Ford is like saying "water is wet". By that measure all 499 of the other companies on the S&P 500 are also overvalued.

I haven't addressed most of your arguments because they're both not wrong and irrelevant.

The original point I was refuting was the belief that the stock market values Ford less than it values Tesla. I'm saying that the stock market values Ford at about 3X what it values Tesla. If you disagree with that statement you need to give an actual number, and why.

Re: Tesla Enters “Whistleblower Hell”

#137
post #12

Earlier quoted context omitted.

But which is the more likely causes of this: That TSLA is the victim of an evil coordinated effort to cause the company to take, or just that 30% of the market genuinely believes they're overvalued. Given they have a higher market cap than either Ford or Honda, I'd be betting on the latter....

When you consider how rich and well-connected the players who stand to lose if Tesla wins, I don’t think it’s at all crazy to suggest that they are using some of that wealth to slow them down. If you happen to have 10 billion hanging around and there are billions more on the line, it’d almost be stupid not to. There’s no law against malicious short selling assuming you’re not outright lying about them in print. Oil c…

Exxon mobile also has a heavy investment in clean energy. Bigger than the total value of the Tesla shorts. They're not just oil anymore.

Re: Tesla Enters “Whistleblower Hell”

#138
post #21
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.

I don’t have any problem with someone shorting a stock if they don’t engage in spreading lies and trying to take the company down. If you don’t see what shorts are doing against Tesla, I recommend reading articles about them more often.

https://cleantechnica.com/2019/07/21/were-cnbc-sources-tesla...

Re: Tesla Enters “Whistleblower Hell”

#139
post #94
post #87

Earlier quoted context omitted.

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.

I don't know what you're talking about, Elon Musk gets flack for being a jerk, and all the questionable stuff he's done. This narrative that big business is out to get him (eg. that tweet) needs to die.

Re: Tesla Enters “Whistleblower Hell”

#140

620 lawsuits over about 10 years seems remarkably small for a company the size of Tesla. Is there an attorney who can shed light on how many lawsuits a company with a 50 billion market cap would normally receive? Anecdotally: I worked for a company with a sub hundred million dollar market cap and they had /thousands/ of open lawsuits every year.

I work for a company right in the 100 million range and they've only been sued 3 times in their entire history.

It's not common for companies to get sued. 620 over Tesla's lifespan is extreme.

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