Random Thoughts Thread

[G. David Felt]

I agree with the institutional investors that Musk is full of BS and even if he steps back from DOGE, his focus will be on AI and Robots, not TESLA Autos.

Major Tesla Investor Rips 'Delusional' Elon Musk After Earnings Call

This story pretty much reenforces that the focus is on everything else but Tesla Auto's.

Elon Musk says China wants assurances that magnets for Tesla's humanoid robot won't be used for 'military purposes'

[trinacriabob]

My day through mid-afternoon:

monoliths

and macaques

The Barbary macaques are hilarious.

[A Horse With No Name]

 

[ccap41]

21 hours ago, G. David Felt said:

Eron started out as a Legit business, a merger between Houston Natural Gas and InterNorth but then changed under CEO Kenneth Lay into energy trading and utilities, and I agree with you that they did commit fraud on many levels, but the review by the SEC showed that the last few years just before the collapse was when this all happened. So, two companies wanting to become bigger, merge, continue to have success and then move into other areas of possible growth, but due to incompetence by the executives on risky trading and other areas started to inflate profits to hide the trading losses. 

The CEO was like a Gambling addict who wanted more and more and yet as he lost, he figured he could hide it till he struck it big and then right side out the company. Sadly, at the expense of so many people he destroyed the company and many employees and investors savings.

I have NOTHING against the Technology or the people at Tesla who created very solid Motors, Controller boards and battery packs. My issue is with the person who bought himself a CEO position and the constant lies even now at the quarterly report on what Tesla will deliver. He now hides things, and I suspect the use of AI, Robots, FSD, Robotaxi, etc. are all used to conceal the shaky nature of Tesla.

I do suspect Tesla is playing a house of cards and is not as secure as they tend to present.

IMHO

So you're predicting they will attempt to commit fraud..? What an asinine prediction for a company, just because you don't like the CEO. If you honestly believe this, why aren't you shorting the stock? Or, you don't actually believe what you're saying. 

I'm sure there are dozens and dozens of crappy, trashy, classless, and idiotic CEOs out there. You just don't know about them because you're not looking for them.