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Terje Oseberg
CNBC Television
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Comments by "Terje Oseberg" (@terjeoseberg990) on "Tesla short sellers are shorting the game of being public: Former TrueCar CEO" video.
I don't believe they will because it's not worth it. If Apple wanted to make an electric car of their own, they have plenty of money to do it all on their own and it would be a lot cheaper than buying Tesla. Without borrowing any money Apple could build several gigafactories. Google could do the same thing.
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Stan G, That's cool. I'm glad to hear that Apple is doing the right thing too.
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Did Elon Musk Violate Securities Laws With Tweet About Taking Tesla Private https://www.nytimes.com/2018/08/08/business/elon-musk-tesla-sec.html "Professor Coffee agreed. Short sellers, he noted, lost over a billion dollars on Tuesday and may be eager to sue, especially given Mr. Musk’s frequently hostile comments about them." I'm confused. What rights do short sellers have? It's my understanding that since they don't own any of the company, they have absolutely no rights. So what could they possibly sue for? Can you sue someone for breaking the law? Maybe they can lobby the government to prosecute him. But they I don't believe they have a valid reason to sue.
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Daus DK, That's true, but the more profit Tesla is able to make on each car sold, the more money they will have to invest in increased production and in research and development. More profit == faster growth And the faster they grow, the faster they can change the world for the better. Apple is the same except the, "change the world for the better" part. They could care less about making the world better. It's too bad that Google and Facebook are just like Apple. Maybe Google isn't quite as bad as Apple, but they're up there.
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