Comments by "Terje Oseberg" (@terjeoseberg990) on "SEC probing if Elon Musk tweeted to hurt short sellers: Dow Jones" video.

  1. Well, Musk did say, "considering". I think that means that he's just thinking about it. So, whether funding was secured or not, it's just something he's, "considering". In other words, he wasn't serious about it, but might become serous about it. I believe the stock went up because of the news about the Saudis buying 5% of Tesla on the open market and has nothing to do with Musk's tweet. And now it's going down because of the SEC investigation. So, if anything, it's the SEC that has influenced the stock price, not Musk's tweet. Maybe the SEC should be investigated for stock manipulation. My theory could easily be proven by checking the time of Musk's tweet and the timing of the news about the Saudis and when the stock first started going up.
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  2. I heard that investors bet against the British economy, then started to heavily advertise BREXIT as a good idea. The ads convinced everyone that it was a good idea and this resulted in profits for the investors. These types of investors are evil and should be prosecuted. These are exactly the type of investors who are betting against and then attacking Tesla. And this is exactly why Musk is, "considering" taking Tesla private. He still hasn't said that he wants to follow through with it. Why should it be illegal for a CEO to let people know what they're, "considering"?
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  3. Alexander Hamilton, I think what's happening is that they're seeing these very wealthy "successful" people on the media talking about how shorting Tesla is a good idea. People like Jim Chanos, Mark Spiegel, and Steve Eisman. They believe the nonsense that these people are spewing without fully understanding any of it and they're jumping on the bandwagon and shorting the stock themselves. When enough of these people short the stock at once, it does cause a dip in the stock price. But what really makes it volatile is when the stock goes up, these people get scared and buy. The stock price then overshoots it's target, and then Jim Chanos, Mark Spiegel, and Steve Eisman short some more shares at the overinflated price caused by all the smaller shorts. Then, after the stock price normalizes, and the stock drops on some bad news, those three and a few more secretly buy back their positions and wait for some more good news. All the little guys are getting played and they don't even know it. So they blame their losses on Musk. Then they get all pissed off and hate Tesla and Musk. When really they should hate Jim Chanos, Mark Spiegel, and Steve Eisman for manipulating them into making a very risky investment.
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  4. I also keep seeing this bogus claim that it will cost $70 billion for "the buyout". When did Musk ever say anything about a buyout? He didn't. He said that all current shareholders will have the opportunity to maintain their investment in Tesla. So how many are actually going to sell? Well, we know for a fact that Musk isn't going to sell his 20% because he said so. Musk said that he estimates that 2/3rd of current shareholders will keep their shares. Well, there are about 170 million outstanding shares. And there are 35 million shares sold short. That means that there are 205 million shares owned by someone. (The short sellers sold their shorts to someone who believes that they own their shares, right?) So, 2/3 of 205 million is about 136.7 million shares that won't be sold and 68.3 million that have to be bought. Well, 35 million of those will have to be bought by the short sellers who will be forced to buy them back, right? That leaves only 33.3 million shares that need to be bought to complete the transaction. That amounts to $14 billion, not the $70 billion that people keep claiming. So, why do they keep claiming that this is a $70 billion deal when it's not? And that this will be the biggest deal in history and nobody has that kind of money. I did the same calculation for 25% selling instead of 1/3 and I come up with $6.825 billion required to complete the transaction. If 1/5 of the shareholders sell, it'll cost $2.52 billion. if 1/6 of the shareholders sell, then, well 1/6 is less than 35 million so there will still be $350 million of shorted stocks. I guess 833,000 shares won't be able to be converted to the fund. That means that it's actually possible that it's impossible for everyone who wants to will be able to keep their shares. If that happens, how will they pick who doesn't get to keep their shares? Will Tesla issue 833,000 new shares so that everyone can keep them? That would raise $350 million. To be fair, that's what I believe that Tesla should do in the event that not enough people want to sell. So, it's actually possible that Tesla need no funding to take Tesla private and it's even possible that the only way they can be fair is to issue more shares so everyone can keep their investment in Tesla.
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  5. Do you know that around 63.5% of the current shares would have to be sold for $420 in order for it to cost $40 billion? If that many shareholders want to sell, there's no way that Musk would try to take Tesla private. There's no way he wants someone else to own that much of the company. I believe that most of the current shareholders are members of the Tesla/Musk cult and there's no way that many would be willing to sell at $420. They all believe that Tesla is going to take over the entire US auto industry and the stock will eventually be worth $3,000/share. Most of them are going to keep as many shares as they can.
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  6. No, you're wrong. Not all shares would need to be purchased. A private company with fewer than 2,000 shareholders that is private is not regulated by the SEC. This is Musk's goal. So there would have to be fewer than 2,000 shareholders. The big institutional investors, Musk, and all the other large shareholders will be able to keep their shares as they are. The small investors would have to sell their shares and purchase shares of a fund. This fund will serve as a single large shareholder making the total number of shareholders less than 2,000. So, you're right that the small shareholders would have to sell their shares and pay capital gains tax, then repurchase shares of the fund. But that's all you're right about. Tesla won't go under because the Tesla cult is way too big. Many of them are on the waiting list for a Model 3, and many more are waiting until the there is no longer a waiting list. Tesla will be able to sell as many Model 3s as they can make for at least the next 3 years. By then they'll have the Model Y, the semi truck, and they'll be working on the Model 4 or something.
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  7. Justin's Mom, Not all the shares will have to be sold and then reinvested in a private fund. Musk's shares will NOT have to be sold. Neither will all the other large shareholder's shares. Only the small shareholders will have to sell their shares and then reinvest in a private fund. And the reason for this is NOT because it is required for Tesla to go private. The reason is that if there are over 2,000 shareholders of a private company, it is still regulated by the SEC and Musk stated that he would like to eliminate the operating costs due to compliance with the SEC. In fact, if all Elon wanted to do was to screw over the shorts, he would not need to reduce the number of shareholders to below 2,000 because the short sellers would still have to close out their positions since they are not allowed to hold short positions in a private company. Therefor, his statement about the fund is evidence that screwing over the short sellers was NOT his motivation.
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  8. Justin's Mom, So let me get this straight. You shorted Tesla stock because you believed that Musk would fail and Tesla would go bankrupt. Then Musk didn't fail and Tesla didn't go bankrupt and then the Saudis bought 5% and Tesla is now headed for success, so now you're pissed off at Musk because he didn't fail?
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  9. Alexander Hamilton, Sounds like you're talking about Bob Lutz. That fool probably doesn't even know how a carburetor works, and probably couldn't figure out how to fix is own car or replace a blown head gasket. He somehow thinks that just because he was the CEO of GM that he knows everything. Has he ever designed an engine? A part of an engine? Any part of a car whatsoever? I bet not. He probably doesn't even know how an internal combustion engine works. And then he's going to say that Tesla is a joke? The guy is completely ignorant. Check this out. Tesla's current debt: $10 billion. They've raised at total of $19 billion in capital. They borrowed $13.5 billion and raised $3.9 billion by issuing shares. Stock options and warrants come to $762 million and $562 million respectively.. 13,500+3,900+762+562 = 18,724 ($19 billion) So, they've raised $19 billion and currently owe $10 billion and they currently have $640 million in cash. Let's say that they borrowed $13.5 billion and then issued shares and sold them for $3.9 billion and then used all the money from selling the shares to pay off the money they borrowed. They would then owe $9.6 billion. Then let's say that they used the $600 million to pay down the $9.6 billion. That would leave them owing $8.8 billion. They would be left with no cash and owing $8.8 billion. Therefor, where did all that money go? Well, I just looked it up and they currently have total assets of $27.9 billion. 27.9-8.8 = 19.1 billion That means that somehow Tesla has accumulated $19.1 billion of value by borrowing money and doing something with it. What the hell kind of magic did Tesla perform in order to lose money on every car they've sold and still generate $19.1 billion? So now let's take that $19.1 billion and divide it by the number of cars they've sold. They just reached 200,000 cars right? $19.1 billion / 200,000 cars = $95,500/car Somehow through the magic of wheeling and dealing, Tesla has been able to generate $95,500/car while losing money on every car sold. Whatever they've done, it's absolutely pure magic. It's pretty much as if they have 100% gross margins. Whatever they're doing, they're doing it right, and they should keep it up because it's working.
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  10. Ian Harper, LMAO!!! It would be awesome if that were true.
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  11. Yeah, but without the shorts, who would create the short squeeze that everyone who's long is going to profit from? All that money has to come from somewhere, doesn't it?
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  12. LOL You're probably right.
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  13. Justin's Mom, Why would Musk lie? To screw over the shorts? Why then did he mention a fund so that all current shareholders could keep their investment in Tesla? That is completely unnecessary if all he wanted to do is screw over the shorts. Mentioning the fund was because he wants to reduce the number of shareholders to below 2,0000 so that Tesla would no longer be regulated by the SEC. He said that this would reduce operating costs by 10%. He also needed to mention this because he knows that most shareholders want to keep their investment in Tesla and would vote, "no" on going private if it meant they would have to sell their shares. Why would he care if the current shareholders would vote, "no" or not if he was not serious about, "considering" taking Tesla private? This is all obvious to someone who has a functioning brain. Therefor the SEC is wasting their time with their investigation.
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  14. SP3NT, You're right. My opinion doesn't matter. What matters is that what I'm saying is right. And because I'm right, the SEC will investigate and find that he's done nothing wrong. He didn't lie. And he was just "considering" taking Tesla private. And now, they're looking into it to see if it's a good idea or not.
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  15. Justin's Mom, Why do you care so much? You've posted a ton of comments on this video, and you keep coming back to post more. I'm confused about why you're wasting your time on Tesla and Musk when it's obvious that you want the company to fail. It seems like you're doing a lot of work with no benefit. Why would you waste your time like that?
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  16. Justin's Mom, Well, over the long run the stock has been going up. Sure, it's very volatile and goes up and down a lot every day. But, if you wait it out, it eventually goes up. The problem is, those who believe that Tesla is going to fail don't understand that there are so many members of the, "Tesla Cult" that it can't fail. They have a waiting list over 400,000 long when production is around 5,000/week. That's insane. No other company has experienced that in history. This gives them a HUGE advantage over any other car company startup. If this were a normal company with no cult following, they would have failed long ago.
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  17. Alexander Hamilton, I've been thinking about that. Most companies keep everything secret until it's finalized. They have trading blackouts for employees all the time because they might have insider information. Insider information leaks all the time and sometimes people get in trouble with the SEC for insider trading. Sometimes they get away with it. However with Tesla, have they ever had a trading blackout? I wonder. It seems that Tesla isn't keeping any secrets. Musk tweets everything he knows. And what does the media say about it? "OMG, he's tweeted again. He's out of control. Tesla needs a new CEO." It doesn't make sense. It seems to me that maybe Musk is doing what every CEO should be doing.
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  18. Justin's Mom, How much funding do you believe he needs to secure?
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  19. Justin's Mom, You can't show me where it says that everyone has to sell their shares because it doesn't. And you can't provide any prep that you're right because there is no proof because you're wrong. And you know you're wrong too. So you dropped the claim and are now making a claim that only time will prove. Well, guess what? You're still wrong. You'll find out in a few years when Tesla is still around selling cars.
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  20. Justin's Mom, You should look at the time when the stock started going up. You'll notice that it started going up before Musk's tweet. In fact, it started going up around the time it was announced that the Saudis had purchased 5% of Tesla on the open market. Then, it went down on the news of the SEC Subpoenaing information from Tesla regarding Musk's tweet. Why did you short Tesla anyway? Don't you realize that shorting a stock is a very dangerous move? Your risk is unlimited. If anything, Musk is saving the shorts from themselves by taking Tesla private. He's limiting their loss to $420 rather than letting it continue to be unlimited. What if something happens next week and the stock goes up to $500? You never know what might happen with this stock.
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