The pool was setup over a month ago. The timing of the announcement now amounts to a stock pump given the incredibly weak Q1 delivery numbers. It's all speculation at this point how much money these credits will net them, and it's not like they're going to be the only player. Many Chinese companies are going to be selling BEVs starting next year. $1 - $500M, over the course of 3 years, with very little credits needed to be bought this year. At most, FCA may have given Tesla some money immediately as a call, in the tens of millions, but if something like this has happened, where is the 8K that should be filed to show this? At most it may have helped payroll for a week, but does nothing to alleviate Tesla's immediate, existential threats.

Now Chinese cars can drive you into barriers and the back of fire trucks. At least this one found the hole: https://www.zerohedge.com/news...

So far, no indication of how he benefitted from the embezzling. He didn't steal money from accounts and run. His behavior has been as if he didn't think he was hurting Tesla. His accounts were removed today but his social media posts showed he was a big drinker of the Tesla kool aid. There's a good chance this scheme went higher than him.

Funny thing is, this person was the first to call out that Weinstein was finally going to get busted for being a serial rapist and that Solena Gomez has a substance abuse issue. The guy has true cred. Especially compared to you. The cock gobbling you did to cover for Elon's 420 tweets and the Saudis coming to his rescue are still worth reading over for a chuckle. Have you ever been right about anything?

The feds finally told Musk to stop selling snake oil. Let's see how well the people who got scammed by FSD will do getting their refunds as unsecured creditors during bankruptcy. They'll have to get in line with the others who never will have gotten their Model 3 refunds. And even those poor sods who paid for their car in full and have yet to receive it.

So many different interests will feel screwed when Tesla implodes. I fear the biggest fallout will be the damage done to the true environmentally sustainable movements in this country. Solyndra was a drop in the bucket compared what's coming.

And they're already discounting cars.

What people forget is that before the '420 tweet' investigation was announced, there was already an open investigation into Musk's Model 3 production promises. And don't forget the DoJ has an open investigation. If the issues with the feds were settled then why the rant and why now hire a law firm that specializes in defending its clients from fraud? https://www.bloomberg.com/news...

Apparently his August 7th tweet needed rework - just like his cars! Like a Starbucks bathroom, it's just better that Tesla stays public.

One or the other is going to happen and I believe it's going to be the former. Securities fraud charges are coming to Musk and he's going to "take a leave of absence" even though the press release makes it seem like the board is behind him. Musk wanted to keep this "going private" charade alive but the board finally grew a pair and made him it shut it down.

I'm sure the persuasiveness of Cathy Wood of ARK on CNBC today convinced Musk and the board that Tesla is worth $4K a share and should stay public. Even to a six year old it's plain Musk is a conman and fraud.

https://www.reuters.com/articl...

The smart ones who owned TSLA got out at $380. Musk pulled the entire "go private" thing out of his ass and opened the company to potentially billions in liability. All for a short uptick in share price. This will go down in history as the most self-destructive tweet ever. Tesla was already a ticking time bomb but Musk's obsession with short sellers, his narcissism, and a healthy mix of drugs, resulted in the equivalent of him pulling the wrong wire, causing the clock to reset downward to 10 seconds.

Musk's disciples should have seen the event as a sacrifice by their Jesus so they could have gotten out at a price close to an all time high, yet I bet some are going to ride it all the way down to zero.

"Lol I waited around all weekend while grimes coddled her boyfriend for being too stupid to know not to go on twitter while on acid" https://www.rhymeswithsnitch.c...

Obviously negotiations are starting, no deal is finalized. $420 a share is the opening offer by the seller. It's capped. And Musk hurt his offer by potentially adding billions in liability costs to it. If you think shares are worth more than $420 you're saying PT Barnum doesn't value his own company enough. That's crazy. If I was a stock holder I'd dump it given how limited the upside is and how terrible the company's finances are.

If you think this is the beginning of negotiations then Elon lied as well as put his offer on the table. 420 a share. You had 380 when you knew he was bluffing. Why are you holding with such limited upside? You really think there is more upside than Musk himself thinks?

What's ironic about Musk's reckless tweet is that any buyout will now have to also include money to pay for potential lawsuit damages. Longs bought shares on Tuesday's announcement to see their gains disappear as doubts of Musk's truthfulness surfaced. Longs who were holding OTM calls at 420+ saw the value of their contracts drop as Musk effectively capped upside. Tesla is now liable for damages to both shorts and longs! Amazing, but as both sides can agree on, Tesla is a special case!