Not interested in knowing about anything you do unless amount spent is at least $50k.
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Mueller will be investigating Musky next.
50k on his puts, that too on TSLA puts? OMG ! God Bless him !!
Could make good money with Tesla just buying and selling the trading range the last 2 years
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I had a person at work that retired after doing this 2 years ago. He had been buying and selling Tesla non-stop for 2 years before that. Seems to have a pretty predictable pattern.
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US produces more oil than anyone in the world now.
Itās not insider trading unless he bought/sold TSLA stock before the Twitter post. Also, announcing it on Twitter can be considered public disclosure. He didnāt disclose to anyone privately ahead of public announcement. Heās not breaking any securities laws.
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Trading is frozen. No wonder i couldnt buy that put.
I will immediately sell to any bidders for $400 once it resumes trading.
Itās been about 18 months since I had my training but I was told during my securities disclosure training that tweeting was not considered public disclosure by the SEC and the example they gave was the Netflix CEO tweeting subscriber counts and getting hit with a SEC lawsuit.
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Lol. Pump and dump.
It was pumped. But no one is dumping.
I was gonna!
hah. I am not the only one thinking the same thing. And they brought up the same example I was given in my training:
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TSLA pumping just got more realā¦ 
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Einhorn is crying like a baby nowā¦ 
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Elon is not an abbreviation of Einhorn?
Never. Go. Short.
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Apparently Elon had something else on his mind when he tweeted.
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I think Elon snapped when some guy tried to remove him from chairman with 12 shares.
Email he sent to Tesla employees after publishing his tweets:
Earlier today, I announced that Iām considering taking Tesla private at a price of $420/share. I wanted to let you know my rationale for this, and why I think this is the best path forward.
First, a final decision has not yet been made, but the reason for doing this is all about creating the environment for Tesla to operate best. As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders. Being public also subjects us to the quarterly earnings cycle that puts enormous pressure on Tesla to make decisions that may be right for a given quarter, but not necessarily right for the long-term. Finally, as the most shorted stock in the history of the stock market, being public means that there are large numbers of people who have the incentive to attack the company.
I fundamentally believe that we are at our best when everyone is focused on executing, when we can remain focused on our long-term mission, and when there are not perverse incentives for people to try to harm what weāre all trying to achieve.
This is especially true for a company like Tesla that has a long-term, forward-looking mission. SpaceX is a perfect example: it is far more operationally efficient, and that is largely due to the fact that it is privately held. This is not to say that it will make sense for Tesla to be private over the long-term. In the future, once Tesla enters a phase of slower, more predictable growth, it will likely make sense to return to the public markets.
Hereās what I envision being private would mean for all shareholders, including all of our employees.
First, I would like to structure this so that all shareholders have a choice. Either they can stay investors in a private Tesla or they can be bought out at $420 per share, which is a 20% premium over the stock price following our Q2 earnings call (which had already increased by 16%). My hope is for all shareholders to remain, but if they prefer to be bought out, then this would enable that to happen at a nice premium.
Second, my intention is for all Tesla employees to remain shareholders of the company, just as is the case at SpaceX. If we were to go private, employees would still be able to periodically sell their shares and exercise their options. This would enable you to still share in the growing value of the company that you have all worked so hard to build over time.
Third, the intention is not to merge SpaceX and Tesla. They would continue to have separate ownership and governance structures. However, the structure envisioned for Tesla is similar in many ways to the SpaceX structure: external shareholders and employee shareholders have an opportunity to sell or buy approximately every six months.
Finally, this has nothing to do with accumulating control for myself. I own about 20% of the company now, and I donāt envision that being substantially different after any deal is completed.
Basically, Iām trying to accomplish an outcome where Tesla can operate at its best, free from as much distraction and short-term thinking as possible, and where there is as little change for all of our investors, including all of our employees, as possible.
This proposal to go private would ultimately be finalized through a vote of our shareholders. If the process ends the way I expect it will, a private Tesla would ultimately be an enormous opportunity for all of us. Either way, the future is very bright and weāll keep fighting to achieve our mission.
Thanks,
Elon
Source:
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