Musk Claims Errant Tweet Was Not Reviewed - Will Leverage Space X To Take Tesla Private

Break his fingers or take his phone away, but for gods sake, stop the crying... No one and I mean no one other than his mother feels sorry for the disappointed overworked billionaire. Try on the life of the other 99% of the world's popiulation that work just as hard, have just as much stress and don't have billions in net worth, that is something to cry about... after the NYT interview, Tesla is unimpressive and so is the Musk.

Is he on drugs?

Ok, from your funny use of words like socialist and communist I understand that you are a (proto?) fascist and proud of it.

So Musk's stupid Tweet prompted the investing public to tell Tesla management privately, that Tesla's only really only worth about $10 - $20 billion as a private company based on its non-existent cash flow.

Musk's actions have basically forced many uncomfortable conversations at Mutual Funds and Banks and Asset Managers that were perhaps privately considered but left 'unsaid' 10 days ago. These talks are now out in the open because the thought of "going private at $420/share" basically focused investors on how that is NEVER going to happen at a Tesla that does not generate any free cash flow.

By the way, do you think Tesla was smoking a doobie in his Model S while it was "Autopiloting" to his private (huge polluting) jet to take him to Nevada?

Maybe he had 420 on the mind when he cited $420/share?

#Enron2.0

He's a fraud.. Space-X takes government money,what he wants to dotrying to get even more subsidies from the government , in essence the tax payers...

And you, sir, write like an idiot who has never been touched by facts.

Market manipulation by him.. an isn't he under investigation..
Anyone can build a EV and charge high prices.. get government subsidies and still not make a profit.. an endless pit sucking even morr suckers money.. his tweet was to attack the short sellers and he knows he manipulated the market in his favour.. he knows Tesla is toast soon and he;s trying every trick in the book to save it..

Stock closed down almost 9% at $305. That puts the $420 buyout of those who don't want to go private at a 30% premium. Going the wrong way for him. The NY Times interview didn't help; probably hurt.

Fake-X. I can't believe that people believe that there's a tesla floating around in outer space. What ever happened to that? The feed went dead after about a day. You'd figure that the batteries in a telsa should be able to keep a camera going for months but apparently not.

If you had 5 grams of brain and minimal interest you would know that the tesla battery has NOTHING to do with data transmission.
That is the job of the second stage that is still attached to the roadster today.
And the battery of that stage is only good for a few hours, because that is exactly what ist was designed for.

People with your mode of operation are exactly the stuff the orange one needs to ruin the USA.
Congrat yourself.

It is too late - he is subject to investigation - and civil lawsuits as well. There is a real possibility that the cost of this statement may go to the billions in fines and compensation.

Sadly in this new age world we live in the SEC is to a degree damned if it does and damned if it doesn't. On good authority the SEC is concerned that if it takes what should be appropriate action (big fine and major restrictions put on Musk)the stock will tank and they will take a lot of heat from big institutional investors. Its an off shoot of the "too big to fail" mentality that's been applied to GM and banks in the past. To do nothing or too little paints the SEC as weak and ineffective. This going to get interesting for sure! If I had to wager I would put some money on the SEC currently leaning very hard on the Tesla board to announce changes in Musk's responsibilities, restricting his authority and responsibilities to operational matters only. This would allow the SEC to fine the company while publicly finding a soft landing spot for itself.

Problem is that he is the visionary and outside person, not the operations type. Before this the board was encouraging a COO be hired and apparently looking. Difficult position to fill as indicated by the high turnover of those under him. Elon is very hard on his reports. For sure anyone who took that job would have to have one hell of a parachute contract. The institutional investors had been reducing their holdings even before all this happened.

I hear ya Vette71 on both counts. Maybe Chief Innovation Officer. Musk will not be willing to take a reduced role with less authority. The board or SEC would have to exert great pressure on him to do so. As you point out aptly, anyone who replaces him in any capacity while Musk is still at the company will have their hands full containing him. The high stakes and high risk make it fascinating for us all to follow, even more so if you have skin in the game. Will Tesla overcome and thrive for its shareholders or is it the train wreck many predict? Great drama for sure!