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re: Tesla is just months from a total collapse, says hedge-fund manager

Posted on 5/3/18 at 8:08 am to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 5/3/18 at 8:08 am to
TSLA is down almost 8% (-$23/share) in pre-market trading this morning.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 5/3/18 at 8:46 am to
I hope this arrogant prick gets brought up on securities fraud charges.
Posted by lynxcat
Member since Jan 2008
24155 posts
Posted on 5/3/18 at 8:48 am to
Yeah, I always want our most brilliant entrepreneurs to end up in the big house.
This post was edited on 5/3/18 at 8:49 am
Posted by castorinho
13623 posts
Member since Nov 2010
82032 posts
Posted on 5/3/18 at 8:51 am to
quote:

hope this arrogant prick gets brought up on securities fraud charges.
wtf
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 5/3/18 at 8:52 am to
quote:

wtf


It's what I want.
Posted by lsu xman
Member since Oct 2006
15560 posts
Posted on 5/3/18 at 9:31 am to
There's a couple of fund mgrs or analyst pumping TSLA with $400+ price target. Not sure if these guys are serious or not.

Bob Lutz(former head GM guy) saying TSLA chapter 11 is a certainty.
This post was edited on 5/3/18 at 9:38 am
Posted by Triple Bogey
19th Green
Member since May 2017
5985 posts
Posted on 5/3/18 at 9:38 am to
This stock doesn't and has never traded on fundamentals. It's always been nothing but speculative and hype and anybody that shorts it is in for trouble. It doesn't make sense, but it doesn't really matter.
Posted by lynxcat
Member since Jan 2008
24155 posts
Posted on 5/3/18 at 9:54 am to
quote:

Bob Lutz(former head GM guy) saying TSLA chapter 11 is a certainty.



Listened to Lutz this morning as well. He's chilling on a beach (called from the Caribbean) dogging Tesla in his spare time.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 5/3/18 at 9:58 am to
Doesn't mean he is wrong.
Posted by lynxcat
Member since Jan 2008
24155 posts
Posted on 5/3/18 at 10:29 am to
quote:

Doesn't mean he is wrong.



Tesla is at this strange junction where it either goes down one road to financial ruin or Musk pulls a Steve Jobs and builds a company that becomes a centerpiece of the global economy.

Musk is one of the few CEOs that is comparable to Jobs right now. There is always a bit of crazy, misunderstanding with these types. They make the majority of people uncomfortable which is part of what makes them special.

As Cramer said yesterday, Musk needs to stop with the calls. They don't help anything and he clearly hates them.
Posted by barry
Location, Location, Location
Member since Aug 2006
50346 posts
Posted on 5/3/18 at 10:42 am to
quote:

Musk is one of the few CEOs that is comparable to Jobs right now. There is always a bit of crazy, misunderstanding with these types. They make the majority of people uncomfortable which is part of what makes them special.


Woah lets pump the brakes a bit there. Jobs was more detailed oriented than Musk IMO. I think Musk is fine for a CEO but now the company is getting to the point where they need a hands on manufacturing guy. Like a VERY strong COO who can go toe to toe on Elon when he gets a little to pie in the sky.
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 5/3/18 at 10:46 am to
There’s a difference in being an eccentric dreamer and an arrogant a-hole, and Musk is walking a fine line there.
Posted by lynxcat
Member since Jan 2008
24155 posts
Posted on 5/3/18 at 10:48 am to
quote:

Woah lets pump the brakes a bit there. Jobs was more detailed oriented than Musk IMO. I think Musk is fine for a CEO but now the company is getting to the point where they need a hands on manufacturing guy. Like a VERY strong COO who can go toe to toe on Elon when he gets a little to pie in the sky.


Yeah, he needs a Tim Cook. Why it has taken this long for him to recognize that is a head scratcher.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 5/3/18 at 11:00 am to
quote:

Why it has taken this long for him to recognize that is a head scratcher.
E-G-O.
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