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mrgreenpants
Ohio State Fan
paisaland
Member since Mar 2018
355 posts

re: F tanks while Tesla soars
TSLA has nothing to do with spaceX
(and i'm an unabashed tesla AND spaceX fanboy)



imo, the only way right now to (indirectly) invest in spaceX is via $googl

(google owns 7-10% of the privately owned spaceX)



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Pendulum
New Orleans Pelicans Fan
Member since Jan 2009
4256 posts

re: F tanks while Tesla soars
quote:

Its well known that Musk funds one company with the other company. Hell the truck schematics are built with space x parts.

The same goes for starlink.

A majority of the software in a Tesla was programmed by SpaceX.

And yes there are several satellite providers but none will have the ability of space x from both a resource and technical standpoint.


Don't really understand how publicly traded companies work huh?


L S Usetheforce
LSU Fan
Youngsville
Member since Jun 2004
21518 posts

re: F tanks while Tesla soars
Yes I understand. You are devaluing the connection between the two.

My cousin works for spaceX.

Google spacex and Tesla merger and just look at all the speculative articles.

Then google Musk tsla spacex and solar city and see how he used each to feed off each other.

LINK

LINK

This post was edited on 2/7 at 8:02 am


TigerDeBaiter
LSU Fan
Member since Dec 2010
8089 posts

re: F tanks while Tesla soars
You say “feed off each other”, when in reality it was straight up fraud. He got away with it because he’s good at selling snake oil.


jmarto1
LSU Fan
Houma, LA/ Las Vegas, NV
Member since Mar 2008
24890 posts

re: F tanks while Tesla soars
Whst snake oil did he sell?


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10
shel311
Nicholls St. Fan
McKinney, Texas
Member since Aug 2004
75190 posts

re: F tanks while Tesla soars
quote:

Tesla looses money on every car
This is not correct, fwiw.


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41
Golgi Apparatus
Alabama Fan
Member since Sep 2009
2024 posts

re: F tanks while Tesla soars
quote:

You say “feed off each other”, when in reality it was straight up fraud. He got away with it because he’s good at selling snake oil.


Do people really still think this?? Wow


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buckeye_vol
Ohio State Fan
Member since Jul 2014
32453 posts
 Online 

re: F tanks while Tesla soars
quote:

when in reality it was straight up fraud.
Ok if you’re going to say it’s straight up fraud, can you please specify how and why that’s the case

The court just issued an opinion regarding the lawsuit over the SolarCity acquisition, rejecting some if the plaintiffs complaints and allowing other to move forward. While there are still some potential problems for Musk, if anything, I think the complaints that were rejected were evidence that it wasn’t “fraud.”

So here is a link to the summary of the opinion, as well as some the issues of the case, including the complaints that are as close to fraud that I found.

Tesla, SolarCity, and Inherent Coercion

From my non-legal perspective, it appears that much of the complaint relates to whether Musk’s unique position as a popular and active CEO can make him essentially a “controlling stakeholder,” (despite only owning about 20%) and if it does, whether he then used his unique influence “inherently coerce” shareholder by misrepresenting the deal. And since you’re alleging fraud, then the misrepresentation complaints potentially fall into this category.

And think two of the complaints that you could argue as something resembling “fraud,” were rejected:
quote:

Granting a minor victory to the defendants, Vice Chancellor Slights rejected two disclosure defects asserted by the plaintiffs.
quote:

First, he held that valuation disclosures must only explain general methodology – in this case pertaining to growth rate assumptions about SolarCity’s investment tax credits. Such financial disclosures are not required to be so granular to permit replication so long as they communicate the key underlying assumptions that provide the basis of an investment bank’s opinion.
quote:

Next, the court held that statements regarding expected financial impact of the merger on Tesla and projected SolarCity cashflows were adequately described and appropriately qualified in the proxy materials.
It seems to me that if acquisition has a justifiable estimate of the valuation of the acquisition and a justifiable estimate of the impact on the financial impact of the acquisition, it’s hard to call that “fraud.”

Of the the remaining issues to be resolved regarding the representation of the deal, only two pertained to anything about SolarCity’s financial (extent of debt problems) or its product/operations (viability and timeline of Roof project).
quote:

SolarCity’s financial situation, which the plaintiffs refer to as a “liquidity crisis” due no outside financing and dwindling cash in the face of mounting obligations;
quote:

Musk’s overly sanguine statements about SolarCity’s roof product viability and timelines.
The rest primarily pertain to the larger issue of Musk’s involvement (he argued recusal meant voting recusal; complaints argues recusal meant all aspects including negotiations).
This post was edited on 2/14 at 10:01 pm


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Bard
LSU Fan
Tigerdroppings Platinum Member
Member since Oct 2008
36246 posts

re: F tanks while Tesla soars
I've said for years now that if Tesla can ever produce a vehicle with at least 300hp, can go 300 miles on a charge and is under $30k then he'll change the whole fricking game. He's already changing it slowly but if that price on the 3 ever gets below $30k (and they can meet demand) you won't be able to shake a stick without hitting a Tesla.


Cold Drink
LSU Fan
Member since Mar 2016
2718 posts

re: F tanks while Tesla soars
Tesla makes pound for pound the best car on the market and it’s not even close. People who disagree with that statement have never sat behind the wheel of a Tesla.



oklahogjr
Arizona State Fan
Gold Membership
Member since Jan 2010
28826 posts

re: F tanks while Tesla soars
I just don't trust Musk for some reason.


I've missed on out on huge gains but I just don't trust him so it's hard to put much money with him.


i'll probably throw something at this satellite internet thing though that's more an area I'm interested in and know better than automotives.


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cajuncarguy
On the road...Again!
Member since Jun 2013
2513 posts

re: F tanks while Tesla soars
quote:

Tesla makes pound for pound the best car on the market and it’s not even close


Is that why only Tesla refuses to let JD Power get their customer lists in order to survey them for quality? Every other OEM that sells in the US does. Every one except Tesla. When you own your own service facilities (only Tesla does) and don't want anyone talking to your customers, you have a lot to hide.

If they have such high quality they should be eager to let the sunshine in.


bod312
LSU Fan
Member since Jul 2015
90 posts

re: F tanks while Tesla soars
quote:

Tesla makes pound for pound the best car on the market and it’s not even close. People who disagree with that statement have never sat behind the wheel of a Tesla.


Best how? What Tesla vehicles? All of them?

Pound for pound in literal weight or from a cost perspective?

What are you considering comps to the Tesla vehicles that are "best"?
This post was edited on 2/16 at 9:23 pm


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20
AMS
Member since Apr 2016
2065 posts
 Online 

re: F tanks while Tesla soars
quote:


Is that why only Tesla refuses to let JD Power get their customer lists in order to survey them for quality


Who cares about jd power? Lmao

This is the day of internet man. People can give bad reviews for Tesla cars with or without jd power. YouTube reddit etc the word would get out if they had a bad product. But I’ve only ever heard good things from Tesla owners.


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10
632627
Southern Cal Fan
LA
Member since Dec 2011
9410 posts

re: F tanks while Tesla soars
quote:

I've said for years now that if Tesla can ever produce a vehicle with at least 300hp, can go 300 miles on a charge and is under $30k then he'll change the whole fricking game. He's already changing it slowly but if that price on the 3 ever gets below $30k (and they can meet demand) you won't be able to shake a stick without hitting a Tesla.


Tesla is a luxury brand, albeit an electric one. the 3 was their answer to the mercedes c class, bmw 3 series, etc.

they aren't competing with a camry or accord.


jmarto1
LSU Fan
Houma, LA/ Las Vegas, NV
Member since Mar 2008
24890 posts

re: F tanks while Tesla soars
The cyber truck is their last car on the books for now, but they are making the transition to have an affordable line.


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