Grimes

Why did Elon Musk tweet about a $420 buyout if it was illegal to do so?

did he think nobody would find out?

help me understand the logic

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>having a mental break down

He doesn’t give a fuck.

When you do drugs you don't always take the right decisions.
His production issues at Tesla led him to take coke, and now he is struggling to stop.

I was thinking about creatina a thread with the same question. Do you guys think that he really wanted to be a good guy?

>when you drink 4 glasses of whine with some xanax and start twitter shitposting

>take coke

mid-life crisis

He was on a three-day acid binge, that's why.
His behavior the past couple of months has been erratic, at best. This PR nightmare will get him back into his lane for a while, but if there's one thing we know about Elon it's that he's a deeply secure and stable person who doesn't care about the discourse surrounding him or his companies... Right?
If he does take the company private, it will be a net positive because he won't be going off during conference calls and the like. Might be the only thing that saves this story of gradual unhinging from going full Shkreli

It was technically ambien

The shitpost was hilarious though

Musk is a pretty cool guy, he sells flamethrowers and he isn't afraid of anything

Creepy pedo

>So leveraged that a 20 - 30% drop would permanenty bankrupt him

On advice, to kill the shorts; he's trying everything to prevent personal bankruptcy

why would the theoretical price of his non liquid assets personally bankrupt him?

Tesla secretly become the space force engineering branch.
Govt won't ever care what he says or does from now on.

Also Boston D will build terminators with Tesla AI sooner than you think.

>terminator with tesla AI
>walks into a wall and explodes
>you're safe John Connor!

Does anyone else think the musk-rat is an insecure embarrassment? Even with all that money he still hasn't made it

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He has 6 kids and has been married 4 times and started fucking grimes who he convinced to legally change her name after dating for 2 months.

There is something wrong with him.

While I would love to have my own electric supercar and space rocket company, I would dislike having his personal life so much that I am not sure it would be worth the trade off

"Well, I wasn't "taking" it, Piers. I had to pay for it."

>take coke
do coke

I would love to fuck grimes and to have 6 kids.

would you really

I mean, the only problem would be to have money to feed 6 kids, but i would fuck grimes even under a bridge.

>do coke
did cake

is this for real?

No. it's a matter of ego. The Wall Street firms that specialize in short selling actually have a good deal of credibility in their analyses. He feels that those companies are attacking him personally: attacking his work ethic, his smarts, his business acumen, etc. when that is not the case.

It is an exceptionally difficult thing to create a new car company and even more difficult when the company sells electric cars which do not have all the existing support infrastructure (refueling stations, repair shops, dealership network) of gasoline and diesel powered cars. I suspect Jaguar, BMW, and whoever else released an all-electric vehicle over the next few years will either sell them at eye-watering prices or they will be selling those cars at a loss.

Unlike Tesla, however, those companies have an existing, profitable business with which they can use to fund their electric car business. For Tesla, they have no such source of funds other than the capital markets. If you look at Tesla's bond prices, it would be reasonable to believe that ithey would not be able to issue bonds at anything close to an acceptable interest rate. They can tap into the equity markets but how long will the mindless fanboys keep buying the stock if it regularly gets diluted? If Tesla were to raise funds, they'd probably need to raise at least $3 billion based on their current burn rate just to survive a couple of years. Ideally, they'd raise $8 billion or more to give them enough runway to fix up their manufacturing issues, get a bit more automation into the assembly line, and reach cashflow breakeven.

Musk did something very stupid when he tweeted, "Funding secured" because that appears to be an outright lie. The only thing Musk has going for him is that the SEC doesn't regulate. The regulators are too busy sucking Wall Street cock (regulatory capture) and watching pornography on the job (some SEC workers were busted doing that a year or two ago) to do their jobs.

drink coke

long fingers are long

>established companies will have to sell electric cars at a loss
>startup company with zero manufacturing experience will be able to sell electric cars and be profitable doing so
Uhhh

It was only lsd

sounds pretty fucking cool to me. Spreading your seeds while still fucking qt emo gf.
Do you prefer to stay with an old boring wife all your life ?

my body is ready

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Well to be fair you cannot say the Tesla is a shitty car or that people don't want them

He is making $100,000 luxury cars and their is a waiting list, his only issue is making them fast enough to keep up with rampant demand. As far as problems to have with your business, it's not the worst one

#
Well to be fair you cannot say the Tesla is a shitty car or that people don't want them

He is making $100,000 and their is a waiting list, his only issue is making them fast enough to keep up with rampant demand. As far as problems to have with your business, it's not the worst one

Uhhh what? Nothing I have written is inconsistent. I said that the established companies will sell the cars at a loss or charge eye-watering prices. As for Tesla, they are not a profitable company.

Well to be fair you cannot say the Tesla is a shitty car or that people don't want them

He is making $100,000 and their is a waiting list, his only issue is making them fast enough to keep up with rampant demand. As far as problems to have with your business, it's not the worst one

You wrote a wall of text that ultimately says nothing.

I could have a long waiting list of people wanting to $100 bills from me for $70. That is not indicative that such a business will succeed.

If Tesla cannot either better contain their costs or start selling their cars at a higher price and/or profit, they'll continue to never make money. The bonds they have issued are a real albatross around their necks and principal will be due soon enough.

Buy or hold on to the stock, then. I am quite impressed with what Musk has done with Tesla but there's no way in hell an investor is going to make money in the long term at current stock prices. If you bought when the stock was $20 or so, you can thank the Federal Reserve's extraordinary loose monetary policies to make the Tesla run-up even possible as capital has never been cheaper in recorded history.

I'm old enough to have seen this kind of bubble mania before and it will end. When it does, people who are not taking profits, who are not skilled speculators, will be crying in their beers when it all ends.

>I could have a long waiting list of people wanting to $100 bills from me for $70. That is not indicative that such a business will succeed.
That is not what is happening.

Musk could charge $150,000 for a Tesla and would still sell them.

>tesla a space force contractor

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Well to be fair you cannot say the Tesla is a shitty car or that people don't want them

He is making $100,000 and their is a waiting list, his only issue is making them fast enough to keep up with rampant demand. As far as problems to have with your business, it's not the worst one

can someone tell me why you don't just raise the price then?, isnt that the econ 101 supply and demand thing?

Then Musk is a shitty businessman. If he can sell for more, he should.

The reality is, you're wrong. Musk could sell Teslas for $150,000 but he'd sell so few the company would still lose money but it'd also lose the confidence of investors and cause him to effectively lose access to the capital markets, which the company needs since it is not profitable.

>concerned about loss of investor confidence
>gets hopped up on goofballs and posts gibberish on twatter
Uhhh

>can someone tell me why you don't just raise the price then?,
he does not have to

the people saying he is losing money on every tesla he makes are doing what is known as "lying"

he didn't get to be a billionaire, found and sell PayPal and build rockets to space by not understanding how to sell a fucking car he produces for more than it costs to make

Oh, I get it. I've been wasting my time replying to a bot. The fervor of Musk fanboys never ceases to astonish me.

How could you not trust a face like this?

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he never sold any stock. All his money is from pledged share loans just like a Chinese ceo. Morgan Stanley lent him 1 billion against 8% of the total Tesla float and 40% of his holdings. He lives in cali and you do not pay taxes on pledged share loans. His margin call is 225 and he is not allowed to post any more stock per the board but they could change their mind in a crisis. If Tesla rolls private he will trigger huge capital gains taxes which is how I know he is terribly desperate. He would owe billions in tax

Then you're saying Tesla's own balance sheet, the one that is published by Tesla every quarter, is full of lies? Because the balance sheet shows that the company does not make a profit.

kek

Surely not but that doesn’t mean it should be ignored or that values shouldn’t change to reflect that. It’s like any kickstarter that promises to deliver a product and fails to even produce it. Tesla is in a rock & hard place situation with one end being unprofitable production that meets demands, the other end being profitable, exceeding demands but is not yet achievable. That was the big upset with the model 3: it is their lowest priced car, to produce them profitably they need a volume that they can’t get. To fill existing orders they need to lose on each vehicle produced. Total quagmire
Raising the price on a product that was $35,000 doesn’t sit well with future buyers who won’t see the added value, and obviously you can’t do anything about orders that remain unfilled
They’re not, but if they shipped in a timely manner, they would. Pic related.

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>Then you're saying Tesla's own balance sheet, the one that is published by Tesla every quarter, is full of lies? Because the balance sheet shows that the company does not make a profit.
You can not make a profit yet still still not be selling a car at a loss.

For instance if you have a young car company and you just spent a billion dollars on a factory, then you use $60,000 in materials to make a car you sell for $120,000 you would not be profitable after selling that first car.

Tell me more about where you are confused about this and i will try to help clear it up further or use smaller words

>what is overall profit per vehicle

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>profit
Get a load of this guy.

So you're saying no company should ever invest at a short-term loss even if they would make overall profitable returns in the long-term?

would you like to know how i know you have never been to business school?

He's so lucky to have Grimes. She was my music crush years ago. She has an adorable personality and voice.

youtube.com/watch?v=bTZvZ4DThoc

Yes, corporations lie all the time about losses to cull their tax responsibilities.

Hes admitted ambien usage.

when

Her life makes me see that i still have a lot to live.

>Her life makes me see that i still have a lot to live.
wat

beta bux itt

fundus are secured. shorts eternally btfo

That's for 30 year old boomers who never accomplished anything.

Lol so even the "wealthy" are absolutely fucked huh?

according to azelia banks (who claims to have been with him and grimes during), he was high on acid

stay tuned as elon musks life falls apart and he eventually flees to mars to avoid prosecution on a number of federal charges

Why is it illegal? I don't think people ask these questions enough.
>b-b-b-because people make money from that information!
So? No one asks these questions. You're all peasants as far as I'm concerned.

>according to azelia banks (who claims to have been with him and grimes during), he was high on acid
she is an insane person, she has never met musk

Why is it illegal for you to tell me you will cure my cancer with magic rocks then take $100,000 in payment?

>he never sold any stock. All his money is from pledged share loans just like a Chinese ceo. Morgan Stanley lent him 1 billion against 8% of the total Tesla float and 40% of his holdings. He lives in cali and you do not pay taxes on pledged share loans. His margin call is 225 and he is not allowed to post any more stock per the board but they could change their mind in a crisis. If Tesla rolls private he will trigger huge capital gains taxes which is how I know he is terribly desperate. He would owe billions in tax

Yeah making $30 billion and having to pay $8 billion in taxes would be awful

Because you're stupid and actually believe in magic rocks lmao

elon browse /b/ and Jow Forums

>Because you're stupid and actually believe in magic rocks lmao
Is English your first language?

>wahhhh protect me from my own stupidity
that's you lol

He's on drugs

wut

Yeah each of his ex wife's will indoctrinate his kids that he is a scumbag. I'm already sick of the hassle of one ex wife let alone 4.

Im his supplier

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He is a South African that means he only understands testosterone and not giving a fuck. South Africans are either idiotic or geniuses but Musk is a rare South African the idiotic genius.

Is that his GF? He likes em young, huh?

she's 30 and blown the fuck out

He probably just didn't know it was illegal. He's also been a bit off his rocker since that close-call with getting booted as CEO, and that Thai 'pedo' thing which he probably just thought was playful banter.

>He probably just didn't know it was illegal.
yeah oopise

it's not like he has any experience owning companies or anything, he's just some kid who didn't know better

You’re a retard. Only 15% of car sales in the US every year are over 50k

He’s uniquely fucked. Most billionaires pick a better state for residency and just take stock options. He levered up and as a consequence has risked every business he runs through pledged share loans. He also invests the proceeds from the loans into bond offerings from his various companies. SpaceX is one of the largest owners of SolarCity bonds. He’s doing Chinese stock market tricks in the US and it will blow up on him You outed yourself as a poorfag. Anything over 100k to the govt is pain bc it literally goes to jews and niggers exclusively

I think Musk is about to have financial issues but I have no malice toward him. He can just tell his kids he launches rockets while their mom’s do jack shit

>You’re a retard. Only 15% of car sales in the US every year are over 50k
You think Musk was trying to capture the honda civic demographic with his $120,000 cars?

loL!

>IoL
What coin is this?