Is The SEC Screwing You?
This article isn’t just about Tesla. In fact, it’s just approximately half about Tesla. It’s about several serious issues with the SEC.
This article isn’t just about Tesla. In fact, it’s just approximately half about Tesla. It’s about several serious issues with the SEC.
CNBC is reporting that Elon Musk and Tesla have settled the lawsuit brought last Thursday by the Securities & Exchange Commission (SEC) alleging fraud as a result of Musk’s biggest August tweet, a tweet saying he was considering taking the company private and had already lined up the investors he needed to make that happen (“funding secured”).
I wonder whether the SEC picked the wrong cherries from Elon Musk’s deposition.
I just watched numerous clips from and about today’s hearing for a US Supreme Court Justice. There was one specific thing I never saw specifically stated about Brett Kavanaugh.
The SEC has sued Elon Musk personally, alleging fraud. One result could be that Elon is banned from serving as an officer or director of any publicly traded company — including his own.
On September 17th, as a person living on Earth, I was so happy to see Yusaku Maezawa and Elon Musk announce they were sending artists to orbit the Moon via SpaceX’s BFR. It gave me hope that one day my family could go to space! A positive and uplifting message. Reality intruded and led me to anger and despair.
NIO is one of the electric vehicle (EV) startups we’ve been most eagerly watching over the past couple of years. It has the backing of some solid Chinese billionaires, has presented an attractive vehicle design in the car class humans now love most, and has ambitious autonomous and connected vehicle plans.
Baird & Co analyst Ben Kallo tells his clients to ignore all the smoke and noise surrounding Tesla and Elon Musk. After a recent tour of the Gigafactory, he is more certain than ever that the company will thrive.
When companies report earnings, the financial news mentions how the company’s revenue and earnings per Share (EPS) performed against professional estimates. If a company beats both, the stock price will usually go higher. And if they miss both, the stock price will go the opposite way, lower. If either misses, financial analysts will ask management questions on the conference call to get a better idea of how the underlying business is doing.
Despite intense media scrutiny around Tesla’s Model 3 “production hell” ramp, and Elon Musk’s take-Tesla-private drama, Tesla now has the #1 best selling car in the US. You may think that was a typo, but read on.