There's $10B in TSLA short positions, when the numbers get this big its not unthinkable.
> There's $10B in TSLA short positions, when the numbers get this big its not unthinkable
Yes, it's unthinkable. If a $10 billion short were to even marginally pay off, regulators would dig deep. Anyone with that kind of cash on hand is savvy enough to know that. Sabotaging a visible company, with lots of stockholders and lenders and bankers standing to benefit from the company's success, to pay off a short is something that sounds plausible in fiction but is boneheadedly moronic in real life.
We need to figure out if he was acting alone or with others at Tesla and if he was working with any outside organizations. As you know, there are a long list of organizations that want Tesla to die. These include Wall Street short-sellers, who have already lost billions of dollars and stand to lose a lot more. Then there are the oil & gas companies, the wealthiest industry in the world — they don't love the idea of T…
Oil corporations have done that in the past. EVs were in market before but brutally stalled. I don't see that claim outlandish.
Not that anyone cares or asked what I think but I wouldn't be surprised if Elon ends up surpassing Crazie Eddie Antar [0] as far as fraud goes. (I have no idea whether he is a fraud. He just strikes me as likely a fraud.) [0] https://en.m.wikipedia.org/wiki/Crazy_Eddie
I see a lot of resentment and "hate" on HN about Elon and quite honestly I don't understand where it is coming from. Where are the facts that Elon/Tesla is one gigantic fraud? Where is the scientific proof?
We need to figure out if he was acting alone or with others at Tesla and if he was working with any outside organizations. As you know, there are a long list of organizations that want Tesla to die. These include Wall Street short-sellers, who have already lost billions of dollars and stand to lose a lot more. Then there are the oil & gas companies, the wealthiest industry in the world — they don't love the idea of T…
I wouldn't suggest this to be paranoia. It's simply reality. Wall Street profits from the stock cratering right now. Its not unfathomable that some hedge fund would go to extreme lengths to embed a mole into the Tesla team to cause sabotage. There's a (mediocre) documentary on Netflix about Bill Ackman's famous Herbalife short. In there they detail the hundreds of $1000 spent just defending his short position through…
> the hundreds of $1000 spent just defending his short position through hiring former Herbalife people, funding legal campaigns, funding support groups You are describing entirely legal actions. Sabotage and (this form of) industrial espionage are very much illegal. There's quite a difference there. > a few $100k is pocket change for these guys But a few billion dollars of market cap and a few years of jail time are…
Jail time? The SEC will just do the “this individual/corporation is important to the economy” thing and fine them some pocket change. The downside is far more limited than you might hope.
Can you provide examples of explicit corporate sabotage (e.g. criminally stopping production in a factory) being lightly punished by the SEC?
How is not keeping your employees in the loop in a critical week and reminding them sabotage won't be tolerated not stable?
Ask yourself, though, how often you’ve seen emails like this from other companies in the news. Probably about never? Whatever you think about his reasons, Musk is going way against standard procedure here- and this in the field of company management, not the kind of engineering problems where his weird approach has paid off.
We need to figure out if he was acting alone or with others at Tesla and if he was working with any outside organizations. As you know, there are a long list of organizations that want Tesla to die. These include Wall Street short-sellers, who have already lost billions of dollars and stand to lose a lot more. Then there are the oil & gas companies, the wealthiest industry in the world — they don't love the idea of T…
Oil corporations have done that in the past. EVs were in market before but brutally stalled. I don't see that claim outlandish.
"Who Killed The Electric Car" was a really interesting documentary.
We need to figure out if he was acting alone or with others at Tesla and if he was working with any outside organizations. As you know, there are a long list of organizations that want Tesla to die. These include Wall Street short-sellers, who have already lost billions of dollars and stand to lose a lot more. Then there are the oil & gas companies, the wealthiest industry in the world — they don't love the idea of T…
There's a $10+ billion short position against TSLA, constituting over 25% of outstanding shares. Anyone working at Tesla should be paranoid. Remember Enron? People invested deeply in something do criminally reprehensible things. Much more importantly, Musk made very concrete allegations, the truth of which should come to light in short order. I remember the insinuation SpaceX made during the 2016 incident, which was…
"Her questions were so pointed that Enron's chief executive, Jeffrey K. Skilling, called her unethical for failing to do more research. Three Enron executives flew to New York in an unsuccessful effort to convince her editors that she was wrongheaded. Enron's chairman, Kenneth L. Lay, called Fortune's managing editor, Rik Kirkland, to complain that Fortune was relying on a source who stood to profit if the share price fell."