Elon Musk

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Postby grace cathedral park » Sat May 05, 2018 8:54 pm

Never knowingly eaten an ass.
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Postby joe » Sat May 05, 2018 8:57 pm

Two guys named Elon and Kiel are arguing on the internet
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Postby The Priest » Sat May 05, 2018 10:05 pm

joe wrote:Two guys named Elon and Kiel are arguing on the internet


in theesa economy??
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Postby The Dirty Turtle » Sat May 05, 2018 10:47 pm

its funny how many myth of the ceo posts there are in the thread abt the guy most responsible for making humans multi planet and thus possibly immortal
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Postby The Dirty Turtle » Sat May 05, 2018 10:49 pm

:twisted:
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Postby grace cathedral park » Sat May 05, 2018 10:54 pm

The Dirty Turtle wrote:its funny how many myth of the ceo posts there are in the thread abt the guy most responsible for making humans multi planet and thus possibly immortal


um, come again?
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Postby The Dirty Turtle » Sat May 05, 2018 10:57 pm

exactly
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Postby freezinseason » Sat May 05, 2018 11:42 pm

grace cathedral park wrote:


a few days late with the bullshit PR there
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Postby Feech La Manna » Sun May 06, 2018 12:36 am

The Dirty Turtle wrote:its funny how many myth of the ceo posts there are in the thread abt the guy most responsible for making humans multi planet and thus possibly immortal


Image
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Postby Feech La Manna » Sun May 06, 2018 12:39 am

you, a stupid person: Elon Musk treats the people who work for him like actual garbage
me: MUAD'DIB! MUAD'DIB! MUAD'DIB!
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Postby Beautiful Jugdish » Thu May 10, 2018 3:04 pm

https://ftalphaville.ft.com/2018/05/09/ ... -the-next/

this company won't see 2020

CreditSights analysts called attention to the addition of the Fremont factory -- a 5.3m-square-foot facility that was previously home to a famous joint venture between GM and Toyota -- in a Tuesday note. The electric carmaker also said vehicles in or on their way to Belgium could be included in the base of collateral for its Dutch borrowings.

...

This might not improve the company's ability to borrow, either. The analysts wrote they “suspect that the Fremont collateral addition was demanded by the banks to enhance the borrowing base though not necessarily to expand the facility size”.

Tesla has $543m of available credit left under its $1.8bn agreement maturing in 2020, they said.

Investors and traders have been discussing which assets Tesla might pledge as collateral to bolster its liquidity position. This talk has taken on more significance in recent weeks, as the company is burning through cash, approaching the maturity date of $230m of convertible debt in November, and continuing to insist it will not need to raise capital this year. Covenants on its $1.8bn of high-yield bonds left a loophole that allows the company to pledge its Gigafactory (which is still under construction) to secure future debt.


this one week after musk blew off his own board when they started asking about specifics about the company's financial situation:

Chief executives of publicly traded companies typically grit their teeth and coolly dance around pointed questions during these calls. Mr. Musk chose instead to dismiss analysts over their “boring, bonehead” questions, cutting off two of them when they asked about Tesla’s capital requirements and customer reservations for the Model 3 sedan.

“This is a financial analyst call—this is not a TED talk,” Toni Sacconaghi, an analyst with Sanford C. Bernstein & Co., said on CNBC Thursday after he was cut off by Mr. Musk on the call. “So when financial questions are asked, they should be addressed.”


https://www.wsj.com/articles/teslas-elo ... 1525339803

alternatively they could just boot him from tesla after 2018 closes below expectations & with the company drowning in debt.

but hey at least he's tweeting about epic bacon dragons!!!
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Postby speakers » Thu May 10, 2018 3:19 pm

elon currently re-reading highlighted sections of

Image
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Postby Beautiful Jugdish » Sun May 13, 2018 1:38 pm

https://www.wsj.com/articles/teslas-fun ... 1526216400

tesla is running out of money and options for raising money

No fundraising option is without drawbacks. Issuing new shares would dilute shareholders and likely drive down the share price, potentially rattling creditors and pushing up borrowing costs—a chain that could result in further share declines. And the falling price of Tesla’s unsecured bond means new debt could lead to significant added interest expense.

Tesla could also sell convertible bonds, a hybrid of debt and equity that has been the company’s favored means of raising cash in recent years. But that could prove more challenging due to the unique dynamics of the market. Many investors, such as hedge funds, will buy convertible bonds only if they can also bet against, or short, the issuer’s shares—a strategy known as convertible bond arbitrage.

Normally, that isn’t a problem, as investors can easily short shares in many large firms by borrowing in the stock-loan market and then selling, with the expectation of repurchasing at lower prices later. But Tesla is now the most shorted stock in the U.S. by dollar volume, making it increasingly costly and difficult to borrow its shares.


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lol
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Postby DasLofGang » Sun May 13, 2018 1:46 pm

Beautiful Jugdish wrote:Tesla could also sell convertible bonds

they'd do better with 2-door wagons imho
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Postby The Dirty Turtle » Sun May 13, 2018 1:46 pm

beautiful elon will prove all the haters wrong once again
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Postby husbands » Sun May 13, 2018 2:45 pm

when I was 14 and playing command and conquer red alert every day I would have thought it would be a good idea to name a car company tesla
ROLL COAL
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Postby joe » Sun May 13, 2018 5:36 pm

I dated a woman named Tesla for most of my senior year in high school, and I never considered naming a car company after her.
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Postby Beautiful Jugdish » Sun May 13, 2018 9:25 pm

Man I’m very happy you made that post because I had completely forgotten about Tesla coils which were literally the coolest part of command and conquer
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Postby Feech La Manna » Sun May 20, 2018 7:16 pm



lol, fuck you
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Postby fresco painter » Sun May 20, 2018 7:41 pm

They just don't want to
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Postby speakers » Sun May 20, 2018 7:55 pm

it was a collective decision
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Postby Durham » Mon May 21, 2018 5:26 pm

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Postby Feech La Manna » Mon May 21, 2018 5:42 pm

In a review, the magazine said the Model 3’s 60 miles per hour stopping distance of 152 feet was “far worse than any contemporary car we’ve tested.” It took 7 feet more that Ford Motor Co.’s F-150 full-size pickup. The company told Consumer Reports that its own tests averaged a stopping distance of 133 feet and that results vary based on weather, tire temperature and other conditions.


Sick
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Postby Beautiful Jugdish » Mon May 21, 2018 5:50 pm

truly this is the work of an iconoclastic genius
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Postby delgriffith » Mon May 21, 2018 5:52 pm

The thing about the stereo just randomly playing super loud is so rad.
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Postby light rail coyote » Mon May 21, 2018 6:20 pm

there was an Oregon State senator that I used to work with who was completely obsessed with musk and would brag about how all of the rich donors that gave to his campaign all owned teslas. always seemed weird to brag about cars that other people own

he finally got to drive one and kept texting my boss pictures of the inside of the car.
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Postby fakename » Mon May 21, 2018 7:11 pm

delgriffith wrote:The thing about the stereo just randomly playing super loud is so rad.

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Postby saranclaps ultra mode 9000 » Mon May 21, 2018 8:04 pm

Maybe his cars would be better if he spent less time being a walking Reddit.
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Postby john plainman » Mon May 21, 2018 8:06 pm

fakename wrote:
delgriffith wrote:The thing about the stereo just randomly playing super loud is so rad.



:D :D :D :D
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Postby sleigh » Mon May 21, 2018 8:34 pm

LA Times is pushing human interest stories about Musk’s mom rn

Timing is probably a coincidence
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