Exactly!

- Mark

Sent from my Fuel Cell powered iPhone

> On Aug 19, 2019, at 4:17 PM, Michael Ross via EV <[email protected]> wrote:
> 
> Musk simply broke the rules when he falsely claimed to have a buyer.  The
> SEC doesn't have to be in some conspiracy to react very strongly to that
> kind of public commentary. When he said that the stock price went haywire
> and some people lost money reacting to it. The SEC exists at least in part
> to keep companies from blabbing in this way. It was a bad move on Musk's
> part and the Tesla BOD needed emit some sort of corporate governance to
> stop it.
> 
> That doesn't mean there aren't more closely kept shenanigans going on.
> 
> The shorting could be what is proposed, or it could simply be people who
> like shorting as a way to make money using the controversy and volatility
> of Telsa to try and make money.
> 
> I also get it that Musk must wish he could raise money without having to
> submit quarterly guidance about Tesla financial activities. For projects
> that are very experimental, and where profitability is counter to fully
> committing to research and development, quarterly guidance ends up being an
> impediment. It supports ownership by people who are not really committed to
> the long game. That is what give Musk a rash. Add in sleep deprivation and
> you get loose lips.
> 
> SpaceX is in far better situation because it is privately held. SpaceX
> ownership has a better understanding, and gets  their updates up close and
> personal. SpaceX can say, "leave us alone right now we are busy," whereas
> Tesla has to follow the rules for publicly traded companies. With the SEC
> as the watchdog.
> 
> -Mike
> 
> On Mon, Aug 19, 2019 at 1:37 PM Mark Abramowitz via EV <[email protected]>
> wrote:
> 
>> What evidence of this is there?
>> 
>> - Mark
>> 
> 
> -- 
> Michael E. Ross
> (919) 585-6737 Land
> (919) 901-2805 Cell and Text
> (919) 576-0824 <https://www.google.com/voice/b/0?pli=1#phones> Tablet,
> Google Phone and Text
> -------------- next part --------------
> An HTML attachment was scrubbed...
> URL: 
> <http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20190819/07d184e0/attachment.html>
> _______________________________________________
> UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub
> http://lists.evdl.org/listinfo.cgi/ev-evdl.org
> Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
> 

_______________________________________________
UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub
http://lists.evdl.org/listinfo.cgi/ev-evdl.org
Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)

Reply via email to