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  #51  
Old 04-01-2018, 07:26 PM
jas66Kent jas66Kent is offline
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Tesla is on the brink of bankruptcy without a significant capital injection.

Once their debt gets downgraded from B- to CCC, their suppliers are going to demand cash on delivery. And then its all over for them.
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  #52  
Old 04-02-2018, 12:43 AM
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Tesla is on the brink of bankruptcy without a significant capital injection.

Once their debt gets downgraded from B- to CCC, their suppliers are going to demand cash on delivery. And then its all over for them.
I saw an article last week about some hedge or mutual fund guy who has been shorting them for years and apparently the s the subject of passive-aggressive tweets from Musk. Looks like heíll end up getting the last laugh...
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  #53  
Old 04-02-2018, 05:53 AM
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I saw an article last week about some hedge or mutual fund guy who has been shorting them for years and apparently the s the subject of passive-aggressive tweets from Musk. Looks like heíll end up getting the last laugh...
Isn't there an old saying about how the market can stay irrational for longer than anyone can short? Yeah, there is a zero hedge article. We'll see if they're right.
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  #54  
Old 04-02-2018, 09:10 AM
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Originally Posted by jas66Kent View Post
Tesla is on the brink of bankruptcy without a significant capital injection.

Once their debt gets downgraded from B- to CCC, their suppliers are going to demand cash on delivery. And then its all over for them.
I assume Tesla has a few more dilutive stock offering to go. But so far their spin on the new Roadster and Semi's doesn't seem to be enough for the market to forgive their Model 3 failings (where as promise of Model 3 made the Model X delays and cash burn mute points).

I'm interested in what happens with the Solar City buyout lawsuit. That seemed like a complete bailout of Musk and his relatives that founded Solar City.
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  #55  
Old 04-02-2018, 09:20 AM
jas66Kent jas66Kent is offline
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I assume Tesla has a few more dilutive stock offering to go. But so far their spin on the new Roadster and Semi's doesn't seem to be enough for the market to forgive their Model 3 failings (where as promise of Model 3 made the Model X delays and cash burn mute points).

I'm interested in what happens with the Solar City buyout lawsuit. That seemed like a complete bailout of Musk and his relatives that founded Solar City.
Problem with the stock offerings is that they have to disclose the SEC investigation into them, which will scare away a lot of potential investors.

I would not be remotely surprised if Tesla goes into bankruptcy protection.
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  #56  
Old 04-02-2018, 09:25 AM
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Tesla short interest on 3/15 was lower than it was in December:
https://www.nasdaq.com/symbol/tsla/short-interest

That's interesting. It's still one of the most shorted stocks ever in terms of total $.
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  #57  
Old 04-02-2018, 11:19 AM
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"...we are sad to report that Tesla has gone completely and totally bankrupt..." -Elon Musk on Twitter


https://twitter.com/elonmusk/status/980566101124722688
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  #58  
Old 04-02-2018, 12:59 PM
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"...we are sad to report that Tesla has gone completely and totally bankrupt..." -Elon Musk on Twitter


https://twitter.com/elonmusk/status/980566101124722688
Solid April Fools joke.
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  #59  
Old 05-10-2018, 12:20 AM
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The recent earnings call didnít seem to go well...
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  #60  
Old 06-12-2018, 05:59 PM
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Tesla cutting 9% of it's workforce...
https://www.cnbc.com/2018/06/12/tesl...ny-report.html
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