After the Moody's downgrade, from SA, (but I wrote the title and refrain): American EV "A long, long time ago I can still remember how Musk used to make them smile And I knew if he had the chance That he could make those liberals dance And maybe they'd be happy for a while But November earnings made me shiver With every Wall Street Journal they delivered Bad news on the doorstep I couldn't take one more step I can't remember if they cried When they read about how Musk had lied But something touched me deep inside The day Tesla died. Bye, bye oh Tesla stock bull, Drove to the charging station, but it was completely full. And them good old shorters were drinking whiskey and rum This will be the stock that I cull, This will be the day leaving the cult. And I met a liberal who sang the blues And I asked her for some happy news But she just lied and turned away I went down to the sacred Tesla store Where I'd heard the wild stories years before But the man there said the touchscreen wouldn't play And in the streets, the investors screamed The liberals cried and the slackers dreamed But not a bad word about Elon was spoken The Tesla warranties all were broken And the three things I admire most Valuation, profits, and the Fox News women hosts. They caught the last train for the coast The day Tesla died" ----------------- The song was posted by Negosav Stosic on SA, but was missing a title and refrain, I added those.
Hitler finds out he is invested in Tesla bonds: https://www.captiongenerator.com/96...-invested-in-Tesla-bonds#.WrvrWTJkwY4.twitter
“Why would anyone keep cash in a savings account at 1 per cent...” Gigafactory on the block if Tesla gets into trouble Bondholders may find the company mortgaging its battery factory to raise debt ROBERT SMITH When Tesla issued $1.8bn of junk bonds last August, many readers of Electrek, an electric car news site, were as enthusiastic about the debt as they were about Elon Musk’s vision for a fossil-fuel free future. One commenter called an investment in the debt a “no brainer”. “Why would anyone keep cash in a savings account at 1 per cent when they could put it in a Tesla bond and get five times the money?” another asked. (.. ) The bonds fell to less than 88 cents on the dollar on the news, meaning those who invested initially are now sitting on a 12 percentage point paper loss. (.. )
Tesla says cause of deadly US crash not yet known Tesla said it doesn't yet know what caused the crash involving its Model X car in California, an accident that killed the driver and added to the pressures mounting on Elon Musk's company. The company hasn't been able to retrieve the vehicle's logs and is working with authorities to do so, it said in a blog post. Tesla didn't disclose whether the driver had engaged Tesla's partially autonomous driving system, known as Autopilot, when the crash occurred. (Automotive News)
Tesla Recalls 123,000 Model S Cars Over Bolt Issue https://www.cnet.com/roadshow/news/tesla-recalls-123000-model-s-cars-over-faulty-steering-bolt/
Reading SA fanboi comments is the same as reading Reddit crypto fanboys. It is hard to argue reality against a stockholder who bought Tesla at $30, and kept buying all the way up. Reality eventually will catch up with them, but it might take a decade. The biggest danger is for shorters, that at a low enough price a HF or Chinese company (Tencent, I am looking at you) comes in and buys out Tesla, restructuring the debt and putting real management in charge. It still wouldn't make Tesla profitable, but would hurt anybody betting on Tesla dying...