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There's actually some interesting research that shows that powerful people do in fact end up with a cognetive blind spot that leads them to behave as if they are above the rules that apply to normal people. You summed it all up well in one sentence.

If insisting on something other than a rumor in an Obama hit piece makes me "stupid" I'm not sure what that makes you? You have pictures of Obama vacationing there, or ever stepping foot there, for that matter? You don't, because it's a teardown that in fact is now being torn down. When you have...

Again, very different argument than the concept that 3% to 1.9% isn't significant. A much sharper and more persuasive argument, I'd add. Focus on this one!

They may not have a problem with "Obama's Hawaii Estate" because Obama doesn't own any property in Hawaii? I'd say conservatives and made up facts go hand in hand, but that would miss the fact that you also felt fine pontificating on an article you clearly didn't read (hint, it was about how...

I don't think anyone disputes the fact that diet and exercise can solve this better than a stating. There is actually a good deal of research to support the benefits of diet and exercise, just couldn't pull one up off the top of my head on this particular topic. Seriously preaching to the choir...

That's 11,000 real live breathing loved humans. Just saying there's no world where that isn't significant. Listen, I don't put in 20-25 miles running a week because I don't get the importance of exercise and diet. But when you get so hung up on your religion that you start claiming things that...

I'm with everything stated about the benefits of diet and exercise, as I've frequently heard stated if exercise were a drug everyone would be clamoring for it based on the benefits. That said, dropping from 3% to 1.9% is in fact a 36% reduction (36.6% by my math actually). That's a pretty...

It's an interesting little thing you're doing, something you're probably not even aware of. You've decided that everyone who disagrees with you must be a lazy freeloader, as opposed to you, the hard working uber-American. That's not only a counterproductive mindset, it's dead wrong. I'm a 1...

Yes, and if we go with your philosophy we'll all be like Somalia where there's no evil government, no gun laws, and it's a theocracy. Just stop with the rediculous "progressives want to turn the U.S. into Venezuela" meme, it's as idiotic as saying conservatives want to turn the U.S. into...

Your critiques of Elon have moderated significantly...to the point of being on par with my usual level of sarcasm on the matter. You give up on a short or find the Elon religion or ???

A funny aside that we're talking about the Saudi sovereign wealth fund investing in something whose major impact will be to reduce the main export of Saudi Arabia's main product (most oil is used in transportation, only .5% of U.S. electricity comes from oil fired plants). If they do make a 12%...

That's a very astute observation. Like you I'd say that while it's crazy for a small shareholder to embrace the loss of liquidity that comes with owning shares in a private company, Elon is good at selling dreams.

Because "they" are Elon, a couple large mutual funds, and a sovereign wealth fund. Why in the world would they agree to lend their shares to allow for driving the price down? Most stock lending comes from shares held in margin accounts where the owners (generally unknowingly because they didn't...

Perhaps because a minimum half the float isn't going to lend under any circumstances?

Funny that, since Dell going private is one of the best precedents for Tesla!

Good point, the debt portion of that LBO would be serious junk territory. Which would just up the chance of eventual bankruptcy as we see frequently in LBOs after the PE team has drained everything out of them.

Well 50% of the shares are held by Elon, two large mutual funds, and the Saudi sovereign wealth fund, so I'd guess at least 50% are fully aware of Tesla's finances!

It's actually not a problem for a huge percentage of drivers given how they drive. If you commute 50 miles each way for example, which is more than most of the population, you've used less than half the range of your Model 3 on a round trip. And indeed I had a point, given most cars spend most...

Well my car spends more time parked than driving, must be a crappy car? If he wants to buy the company take his cash and be happy, what's to trust?

Private equity LBOs happen with as little 30% equity and almost always below 50%, so he only needs $18B or less. If a couple existing large shareholders keep their equity in the LBO it comes to well within standard LBO amounts.