$TSLA

Am considering taking a private bet on TSLA hitting $320 before year end 2018 for $420,000.00 cash. Funding secured.

Am also considering taking a private bet for $420 million on Elon Musk's failure in taking Tesla private at $420 per share. Funding secured.

Am further considering taking a private bet for $420 million that the fateful tweet marks the beginning of the end of Tesla under Elon Musk and a board of cronies. Funding secured.

Caveat emptor:
1. The truthfulness of the above statements is not secured.
2. Payout for a winning bet against me is not secured.
3. The exact currency basket used for the bet is not secured.


http://www.abc.net.au/news/2018-08-...-csiro-game-changer-export-potential/10082514
 
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Pekelo said:
SpaceX survives on government orders. Not to mention NASA already did the tail landing back in 1996 as a concept.
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Government orders like ummm:-

8/7/2018 TELKOM INDONESIA
7/25/2018 IRIDIUM (FLIGHT 7)
7/22/2018 TELESAT (TELSTAR 19V)
6/4/2018 SES (SES-12)
5/22/2018 IRIDIUM-6/GRACE-FO

just in the last couple of months.

Haters gonna hate.
 
SunTrader said:
Haters gonna hate.
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Without the government's order for 1.4 B a few years back they were ready to close the door.
Now we can agree it is kind of a national security issue to have more than one American space company.

Anyhow, if you want to hate, hate Elon, not the messenger. Let's go back to Tesla:

Here is an explanation why he did the let's go private thingy, from SA:

"Several of have been clear from the first day of Musk's 2H claims that there would be no sustainable GAAP profits and no sustainable OCF. But Musk was in denial of that. He had to be, because anything else would be disastrous for the company. A year into Model 3 deliveries, this really is the moment of truth.

And let's say he has learned several things so far in Q3:

1) They have thousands of cars produced in 2Q they still have not sold, and some of them are probably not sellable without major repairs.

2) There is a very limited demand for the $60,000 models and they have practically exhausted that demand in North America, and don't have anything certified to ship internationally at this stage.

3) There is no way to make a GAAP profit or break-even operating cash in 3Q. And he now knows it is not a "near miss" but instead will be another loss of a half billion or more.

4) They still aren't able to product a steady , sustainable run of sellable cars with acceptable quality beyond the 4000/week level. So they are not is a very good position to capitalize on a big 4Q delivery as the $7500 credit runs out.

Let's hypothesize he has his wits about him enough to have realized all these things in the past 2 weeks. What do you do? I really can't think of a better idea than what he did."

Yeah, so that's the thing...
 
[/QUOTE]
Pekelo said:
Without the government's order for 1.4 B a few years back they were ready to close the door.
Now we can agree it is kind of a national security issue to have more than one American space company.

Anyhow, if you want to hate, hate Elon, not the messenger. Let's go back to Tesla:

...
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Yeah now that I made you eat shit "Let's go back to Tesla" except your post that I replied to was about SpaceX hater.
 
SunTrader said:
SpaceX hater.
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Why would I hate SpaceX? (beside that it is full of myths) I don't even hate Elon, I hate guys like you who uncritically eat up his bullshit and enabling him to do his crap. :)

But would you mind checking the title of this thread? Thanks. Now I offered a bet 2 days ago saying Tesla won't file a 8K by Friday's close. Did they do it? I think not. So Elon clearly broke SEC law and LIED about funding secured.

There was your opportunity to take the bet and back your guy and you would have lost....

P.S.: And by the way I was still right as I explained in the previous post, without the huge government order SpaceX would have gone bankrupt. Here it is for you for weekend reading:

https://www.reddit.com/r/path%3D%252Fr%252FEnoughMuskSpam%252Fcomments%252F8x4pei%252F
 
Pekelo said:
But would you mind checking the title of this thread? Thanks. Now I offered a bet 2 days ago saying Tesla won't file a 8K by Friday's close. Did they do it? I think not. So Elon clearly broke SEC law and LIED about funding secured.
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Here is where I believe you are wrong (and perhaps a experienced securities lawyer can chime in). Musk said he is CONSIDERING taking the company private. Given that he is considering (so, no decision has been made) he does not have an obligation to file an SEC filling. Its very similar to what many CEOs do in their Letter to Shareholders or Shareholder Update (or Conference Calls). They talk about plans, ideas, and considerations. If they had to provide proof, documents, fillings just to talk about plans like that, that would be ridiculous, companies would have to file things everytime their CEOs were interviewed or spoke in a conference call. The fact that Musk went out of his way to use that word (several times), shows that he consulted with counsel. Which means that the idea that he broke the law will be wrong much more often than not.
 
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Pekelo said:
Why would I hate SpaceX? (beside that it is full of myths) ..
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Elon is not "my guy". I called you out on your bullshit pecker. Myths that SpaceX survives on government orders .... is what you said.

All you do hate on others. Get a life.
 
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