141–150 of 162 posts
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…
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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.
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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
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You can't be serious? It's not like Tesla is a bakery where on the 6th month the bread sales pay off the one-time asset purchases (e.g oven and other equipment) and then it's all profit down the line. It takes time, especially on the scale Elon appears to be doing it.
It doesn’t take time to get profitable, all it would take is to stop putting billions of dollars into building new factories. The problem is that stopping growth would never bring humanity closer to sustainable transport (nor would it make sensible investors happy)
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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…
But in the short term, it does harm people who are long in the stock. People sell for a variety of reasons: unexpected unemployment, retirement, emergencies, home improvements, etc. They may simply want to rebalance their portfolios, and don't want to wait a decade for the shorts to get caught with their pants down.
That's not an argument for banning shorts, which are a necessary part of the market. But it may contribute to a case for regulating prominent news sources which may have a conflict of interest. The SEC regulates pump-and-dump schemes, so there are precedents.
Again, not claiming that this is the case here. (I have dark suspicions that there are political and ideological motivations, rather than profit.) But it's important to recognize that short selling, and slanting the news to depress the price, are not without short-term consequences.
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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.
It's not accurate to say that it overrides your steering; it combines its decisions with yours—like on an aircraft where the co-pilot has access to the same steering controls as the pilot. Personally I think lane keeping systems are mostly junk. Unless an automation (e.g. transmissions, adaptive cruise, auto headlights, auto wipers, lane keeping) does the not-wrong thing 99.9%* of the time, it doesn't lower cognitive…
Tesla’s lane keeping system is on 95% of the time during long trips. I rarely have to intervene and it is always obvious that I have to. I would rather not be without. But the good thing is one can chose not to use it.
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Actually the criticism that Musk gets is a result of things like: - Calling someone's boss and threatening a lawsuit to make him take down critical writings on Twitter and Seeking Alpha ( https://ftalphaville.ft.com/2018/07/27/1532692760000/Je-suis... ) - Threatening to "nuke" a departing employee who had returned to Tesla HQ to collect some personal belongings ( https://www.bloomberg.com/news/articles/2019-04-05/tes…
This is all true. But how does it compare to companies building machines that are emitting toxic gas to billions of people and destroying the Earth’s climate? There’s a good reason why mainstream media doesn’t talk about it as seriously as it should be doing.
Also, those companies happen to build products that are needed and can actually be afforded by people who need them to, you know, make a living, unlike Elon's shiny toys.
This conspiratorial mindset on part of Tesla's fans is far more detrimental than any mythical shorts' conspiracy or anything.
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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 somethin…
>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. Ask Norway.
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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.
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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.
I'm not speciffically referring to the "industry out to get him" narrative. Perhaps there is a reason for the industry not to like him since he's competition, but I dont believe there is any organized campaign. What I was referring to was that he has made a name in the general public and is not politically correct nor "tamed". Obviously he's going to get plenty of negative attention.
FWIW The linked tweet did make that claim, so hopefully I made that clear.