Dr. Dwayne
Self proclaimed tagline king.
I don't know about the rest of you but I'm loving being witness to people melting down because they can't go frolicking about as they please for a few weeks.
Tesla have just posted an unexpected profit resulting in the shares having gone up & Space X have just signed a deal with Nasa as one of three contenders for a supposed moon landing in 2024.His businesses aren't gonna make it through a proper recession?
This was my first reaction as well.Is shorting your own company not considered insider trading? I feel like there might be some federal time on the way for this clown...
Hasn't he actually been reprimanded by the board in the past for his Twitter shenanigans?So transparent, needs to push the share price down for another capital raise because Tesla burn through money at an insane rate. That 2 billion raise from a few months back has already been thrown in the Tesla incinerator.
Utterly illegal but Musk gives zero fecks and he’s great for Wall Street so he always gets away with it.
“reprimanded”... ooooh. It’s nothing more than lip service.Hasn't he actually been reprimanded by the board in the past for his Twitter shenanigans?
The Department of Justice actually launched a criminal probe. But that could be for show as well. I don't really trust the US judicial system to get anything right involving the rich.“reprimanded”... ooooh. It’s nothing more than lip service.
It’s completely illegal what he does to manipulate the share price.
Why would he want to lower the share price for a capital raise?So transparent, needs to push the share price down for another capital raise because Tesla burn through money at an insane rate. That 2 billion raise from a few months back has already been thrown in the Tesla incinerator.
Utterly illegal but Musk gives zero fecks and he’s great for Wall Street so he always gets away with it.
Eat the rich.In fairness, the simple fact that his twitter profile picture is of the original Deus Ex game makes me forgive all the rest of his idiocy.
Im being silly, but how does a meltdown on Twitter affect the price of the shares or have i missed something?“reprimanded”... ooooh. It’s nothing more than lip service.
It’s completely illegal what he does to manipulate the share price.
I think there are pretty strict rules about people who have information not generally available to the market such as a CEO... Saying things like the stock is over valuedIm being silly, but how does a meltdown on Twitter affect the price of the shares or have i missed something?
Isn’t that self explanatory? You won’t get a capital raise on overpriced shares when you’re diluting the company again.Why would he want to lower the share price for a capital raise?
The market is extremely volatile right now, if a CEO says his own company shares are overpriced and claims he’s selling up everything he owns including his own house because of the situation, what do you expect to happen in the market?Im being silly, but how does a meltdown on Twitter affect the price of the shares or have i missed something?
and you think they have a better chance of raising capital after the founder tanked his own stock?Isn’t that self explanatory? You won’t get a capital raise on overpriced shares when you’re diluting the company again.
absolutely, he has previous.and you think they have a better chance of raising capital after the founder tanked his own stock?
interesting take
I don't see the logicabsolutely, he has previous.
you are right. Raising capital is cheaper/easier, when the value of the company is higher.I don't see the logic
the stock was booming after announcing great results, the perfect time to raise cash if needed
i think he's just off his rocker, personally
Can someone explain like I'm 5 please?
What did that tweet mean?
He claims the share price of his company is overvalued. Its like telling people your asset isn't worth the money.
Why did share prices fall/people sell?
How has he lost 3 billion? (The share price I guess?)
When the owner of an asset essentially tells people the asset is a con, the value drops. People sell and those buying aren't willing to pay as much.
Why is he selling everything he owns?
He isn't selling everything he owns. He's an attention seeking twat.
I thought this lockdown would be ace for him, with all his self driving stuff, would be ideal for selling his stuff to companies incase lockdowns keep happening.
Lockdown is not good for anyone. He makes cars, people are losing their jobs and not going anywhere.
the technology isn't good enough yet and won't be for a long time, the coronavirus pandemic will be a memory before a mass roll out of self driving carsThanks.
In regards to your last point I meant his self driving trucks, and self driving cars? Wouldn't those be the ideal things to use now so humans didn't have to interact in taxis or with delivery drivers. As in, this virus is pushing us to a self driving future in a way?
Food deliveries still need to be made.
"He smokes weed and likes memes though. He's just like us!"Eat the rich.
I saw this in a meme and thought it was a joke because of the two parents involved.Feel for that kid.
Tweet
— Twitter API (@user) date