Love Him Or Loathe Him, Elon Musk Is No Fool

Discussion in 'General Trading Discussion' started by gowiththeflow, Jul 14, 2018.

  1. gowiththeflow

    gowiththeflow Senior Investor

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    It looks to me as thought Elon Musk has gone all in on this one. He is in for an additional $500 million worth of stock in addition to his current multibillion dollar holding. Personally, I cannot see how this company can remain public in the longer term. Is this a short-term solution so they can achieve their long-term goals off market?
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    I see he is in court soon facing a defamation suit for $75k from a British diver. He seems to be spending more and more time in court just lately - hope its not impacting his loyalty to the Tesla cause :)
     
  3. gowiththeflow

    gowiththeflow Senior Investor

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    At a time when Tesla desperately needs the innovation of Elon Musk here spending far too much time in court fighting his own personal battles. Nero is fiddling while Rome burns around him!
     
  4. Chartman

    Chartman Senior Investor

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    I am afraid the Elon Musk is going to need to pull a massive rabbit out of the hat to save Tesla. It is all good and well saying that shares move up and down but the ongoing collapse does nothing for the company's reputation. Also, it would appear that at least one prominent long term shareholder has sold circa 80% of his holding from year end 2018 - millions of shares.
     
  5. gowiththeflow

    gowiththeflow Senior Investor

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    Is the shine finally coming off the teflon kid Elon Musk? He has been dragged to the courts by the SEC - twice - and a British diver looking for compensation. It would appear that nobody is untouchable!
     
  6. longtermbull

    longtermbull Administrator Staff Member

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    Elon Musk must have taken a massive paper hit to his wealth! Tesla is heading sub $200!
     
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