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/biz/ - Business & Finance


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11248810 No.11248810 [Reply] [Original]

AHAHAHAHAHA
/sci on suicide watch
Turns out your darling is a fraudster
https://www.cnbc.com/2018/09/27/tesla-falls-4percent-on-report-elon-musk-sued-by-sec.html

>> No.11248811

>>11248810
ELON MUSK IS A SAINT DO YOU UNDERSTAND ME ELON MUSK IS A SAINT

>> No.11248812

BFR officially cancelled. RIP

The Mars dream is over boys, pack it up.

>> No.11248813

Bankruptcy secured.

>> No.11248814

>>11248810
Meh, this is because of the funding secured.
He'll be fine.

>> No.11248815

>>11248810
See, bad goys? Us good [math] \mathbb{S O Y} [/math]-drinking goys knew all along about this and called him out. So please, drink more [math] \mathbb{S O Y} [/math] so that you can be smart like me.

>> No.11248816

I unironically don't understand why so many people to see him fail. It's it jealousy? Tall poppy syndrome?

Anyone who does is objectively a beta male

>> No.11248817

>>11248816
Because everything despite SpaceX this guy does is fraudulent as fuck and it needs to go down and he needs to focus on rockets.

>> No.11248818

>>11248816
No one wants to. He went against the 『The Nosed One』so he has all of the mainstream media, and infinitely many bots, against him. Even the guy who made this thread, a bot.

>> No.11248819

Kek holy shit capitalism is for niggera.

they're suing him because he's not making his shareholders rich.

they're trying to say stocks aren't gambling lmfao. They're trying to say they are literally ENTITLED to constant growing value. He's being sued not for any material reason of wrongdoing or fault, but instead because his shareholds FEEL they should have more money.

United States is doomed to hell if this retarded case holds in any court.

>> No.11248820

Capitalists: I hate those damn communists, they just FEEL they should have more money
Capitalists, too: >>11248819

Kek, remind me that these guys are the first into the gulags, boys.

>> No.11248821

>>11248810
>Turns out your darling is a fraudster
He is not my darlinhg, but that's not what the article says.

>> No.11248822

>/sci
>not /sci/
fuck off redditor

>> No.11248823

The next financial crash will finish & bankrupt Tesla and SpaceX anyway. And this will be pretty soon.

>> No.11248824
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11248824

Would now be a good time to file a hiring discrimination lawsuit against one of his companies? Yay or nay? Neuralink broke the law back in February.

>> No.11248825
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11248825

>> No.11248826

>>11248824
what did they do

>> No.11248827

>>11248825
Lmao grimes is such a pothead

>> No.11248828
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11248828

>>11248825
>he rounded the price up to $420 because he had recently learned about the number's significance in marijuana culture-
Mind posting a link? I am finding this hard to believe

>> No.11248829

Since no one is saying it. I'll say it...

I bet some big oil companies are involved.

>> No.11248830

>Elon gets sued for this
>Tesla goes under
>no longer a chance of fully transitioning to electric cars before pollution reaches its problematic threshold
Even if he is somehow “frauding” because of this, they’re basically ensuring humans and the rest of earth die

>> No.11248831

>>11248827
>420
nice

>> No.11248832

>>11248826
I'm partially sighted. Their COO asked a bunch of health questions during the interview, followed by "There was nothing wrong with your presentation or interviews, but you're not the type of candidate that we're looking for right now."

>> No.11248833

>>11248810
he's still done more with his life than you ever will

>> No.11248834

>>11248832
Like 90% of code monkeys have shitty vision. I doubt that was the reason. Or was your position an ocular-brain interface tester?

>> No.11248835

>>11248834
It was a mechanical engineering role and my health condition is pretty unusual.

>> No.11248836

SEC does this practically daily.
https://www.sec.gov/news/pressreleases

>> No.11248837

>>11248810
Fair enough.

>> No.11248838

>>11248832
>they didn't hire me so it must be discrimination against my condition

>> No.11248839
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11248839

>>11248816
That's what shills do, please ignore, we know (((WHO))) owns the press.

>> No.11248840

>>11248810
> sued by the Securities and Exchange Commission for fraud

They just had their piece of the pie taken away and are pissed. That is all.

>> No.11248841

>>11248822
It was a typo ass clown you just ousted yourself

>> No.11248842

>>11248838
Like it or not, it's a crime to ask health questions during a job interview. Especially in (((California)))

>> No.11248843
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11248843

>>11248842
Kill yourself. You're not entitled to a job just cause you're handicapped and they're not obligated to create a position only the mentally challenged like yourself can fill.
If you want free hand outs just admit total retardation and absorb government relief while discarsing most of your rights which you technically don't even have anyway considering you live in cuckifornia.

>> No.11248844

>>11248810
WHAT?
A car salesman is a fraud?
brb, going to make a small incision on my belly and have a nice little swim in space.

>> No.11248845

>>11248842
>>11248843
>this triggers the /pol/tard
such touchy faggots lmao

>> No.11248846

>>11248810
Let me tell you stupid people why he is in trouble now.
He defied the Jews, and said some anti-semitic shit, in interviews.
The SEC is now punishing him for that, as they are fully run by Jews.
They do this to everyone who defies the Jews. Seems like if you were all so smart you would realize that by now.

>> No.11248847

>>11248846
And this all happened in only the last few months.

>> No.11248848

>>11248843
They clearly broke the law and I don't even live in california. Go be asshurt on >>>/pol/

>> No.11248849

>>11248812
It was/is never going to happen you big dumb.

>> No.11248850

>>11248810
He's an overgrown little boy. Whether or not his ideas are viable or correct, he's bound to goof repeatedly and finally collapse in on himself.

>> No.11248851

>>11248829
Yeah, they hacked into his phone and made him tweet stupid sheet.

>> No.11248852

>>11248816
People just want (You)'s, 90% of people against his SpaceX goals are just shitposters.

>> No.11248853

>>11248810
Good Tesla is a stupid company anyway hopefully all he needs to do is just step down and cop a fine and then focus his time on SpaceX.

>> No.11248854

>>11248848
It's not illegal to only hire people that are capable of doing a job.
Shouldn't be able to deny any job to any one if you just completely disregard requirements. All jobs should have no prerequisits!!!

>> No.11248855

>>11248850
But why only now, he went on for years.
His recent blunders are more than a misstep, it seems even suicidal.
Maybe the usage of marijuana has something to do with it.

>> No.11248856

>>11248843
Why are you being so cruel to him?

>> No.11248857

>>11248816
Nice digits.
Elon is up against the oil, auto, and aerospace industries. There's no shortage of paid shills against him.

>> No.11248858
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11248858

>>11248816
Because it's 2018.

>> No.11248859

Anti-Musk bots out in full force.

>> No.11248860
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11248860

>>11248810

Sounds like (((you))) are shilling hard against him recently in here, where did he hurt you again ?

>> No.11248861

>>11248846

This, exactly this, its simple as that and you can clearly spot the difference in the media attitude during the timeline.

>> No.11248862

>>11248810
If you read the SEC report, he's not being sued for fraud, they have no case for fraud. He's instead being sued for recklessness over his tweet.

The tweet was "Am considering taking Tesla private at $420. Funding secured."

>consideration of making Tesla private
>funding being secured

People ignore the first part, but the first sentences sets up the second sentence. He is thinking about it, has not made up the mind yet.

The second statement is "Funding secured." Given that he was with the talks of Saudi and had verbal agreements to go private, given that he'd even hired person who specializes in taking a company private, given that funding hasn't been an issue for Tesla or Elon Musk for that matter, it would be hard sell to say Elon is being reckless when the statement "Funding secured" reflects the high confidence level of Elon for his funding.

I don't think SEC thought this through with their lawsuit. Their case depends on a weak interpretation of word choice. This certainly does not have any power of making Elon resign from the company or forcing the board members to add in two independent board members.

This seems like an emotional response from SEC rather than a logical one but one that would be enough to fuck Musk and his company for few months.

>> No.11248863

>>11248810
OMG FOUR ENTIRE ONES? HOLY FUCK, I BETTER LISTEN TO CNN AND JUMP ON THE ROCKEFELLER TRAIN.

>> No.11248864

>>11248816
He made enemies with the consevatives when he was starting up. Conservatives hate disruption of status quo, that's the definition of what conservative stands for, to maintain status quo.

He made enemies with the liberals when he said unions are shit, when they found out he donates to Republicans and shat on the liberal media.

He's got lots of enemies.

>> No.11248865

>>11248810
wtf is this nu/sci/ shit ITT
/sci/ hates musk

>> No.11248866

>>11248865
/sci/ always liked musk
it was /pol/ that hates musk

>> No.11248867

>>11248865
>>11248866
You're both idiots. /sci/ is not one person. Some people like musk and some people don't. /sci/ is one of the least monolithic boards on 4chan IMO.

>> No.11248868

>>11248854
No, but like it's actually illegal.

>> No.11248869

>>11248862
You have no fucking clue what the hell you are talking about. If Elon had proof the funding was secured, he would have handed it over to the SEC and they wouldn't charge. He does not have that proof, so what happened here is Elon was just angry about the shortsellers and had a moment of "Im going to show those guys" and went on to manipulate his stock, because thats exactly what that is. And stock manipulation is not a joke. SEC is said to have offered him to pay a fine of 30 million, step down as chairman, and a timed suspension as CEO. His lawyers agreed, Elon didnt. Now he might not only end up with a much harder punishment, but also will most likel face persecution by the DoJ afterwards. If things go really bad, he might join Martin Shkreli in jail.

>> No.11248870

>>11248866
Nazi here, the shills larp as us and use words like goyim and soiboi but in reality most of us love him as a breath of fresh air from the pathetic oldspace industries and that he might give us a chance to seize the stars. You will struggle to find a /pol/lack who will unironically spend hours raging about how he receives government subsidies while at the same time ignoring the NASA, ULA, Boeing, LM, etc... fuckfest of taxpayer grabbing bullshit.

>> No.11248871

>>11248816
Kikes.

>> No.11248872

>>11248870
This.

>> No.11248873

>>11248869
Again he's not being charged with stock manipulation. He's being charged with being reckless knowingly or unknowingly. SEC's case is weak as fuck. DOJ won't even touch it with a pole due to how weak the case is.

>> No.11248891

>>11248810
SEC only goes after white people. Time to sue the SEC for racism.

>> No.11248943

Fuck him. This guy lives off of subsidies.

>> No.11249354

>>11248943
You realise oil comp... you know what fuck you

>> No.11250487

>>11248810
Nothing has changed about their product. Perfect time to invest and BTFD

>> No.11250698

The media started to fud his company after he said something about who *owns* the media.

Nobody wants, nobody likes, kikes, kikes, kikes.

>> No.11250748

>>112488910
Niggers don't know how to fraud. They only know pickpocketing

>> No.11251703

>>11248816
because hes the son of a diamond mine owner with no actual good ideas but enough money to pay PR companies to advertise vapor and people are buying it which is fraud

>> No.11251979 [DELETED] 

>>11248816
>>11248816
because he hasn't done anything worthwhile after getting his billions from Paypal. and he keeps on promising and not delivering.

>started spacex
>literally just a reusable rocket maker
>earns all of its money from government grants
>NASA could be doing the same shit
>musk fanboys think resusable rockets, and publicly stating he wants to put people on Mars (without a plan of course), are amazing and think musk is a god

>joined tesla
>can't meet production targets
>spends a lot of his time trolling on twitter
>bailed out solarcity, ran by his cousin, when it was failing
>funding secured
>musk and his fanboys keep claiming that Tesla does not pay for marketing. their financial statements say they spend $50M per year on marketing

>creates useless products which people worship him for, but really have no purpose
>flamethrowers
>boring co hats
>worthless roof tiles
>bricks made of reused dirt
>boring company has done nothing since it started

people hate on him because he hasn't accomplished much, is a shitty troll, and because the cult-like worship of him is off putting

>> No.11252029
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11252029

>> No.11252043

He's still the CEO. How does this harm him? Please explain.
t. total brainlet

>> No.11252070

>>11248816
The moment he said something bad about the jews all media did a 180 on him.
What a coincidence.

>> No.11252075

>>11252043
makes him look bad

>> No.11252078

>>11252070
The way your minds work is incredible. He said something about "the jews" (allegedely, he actually didnt) because the media already dared to report how bad Tesla is doing, not the other way around.

>> No.11252114

>>11252043
>Promises to burn the short sellers
>Does this
Can somebody please explain?

>> No.11252139

Lmfao

Inb4 he starts dropping red pills and shitposting really hard on twitter

>> No.11252171

>>11252070
That's because the media = the Jews

>> No.11252267
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11252267

>>11252029
the heck?

>> No.11252275

>>11252267
musk pays 20m

tesla pays 20m

2 fines

>> No.11252284

>>11252275
kek i get it now i actually read the article
so long tesla is what you're telling me?

>> No.11252309

>>11252284
This is much better news than uncertainty.

THe major complain people had with tesla is the board was elon's bitch.

With Elon as CEO only, and a more independent board, it's probably a very good thing.

>> No.11252357 [DELETED] 

>>11252078
yeah, he only said something bad about the media (jews)

>> No.11252620

>>11252284
nah, way too much momentum behind tesla. If we were going to see it crash HARD it would have hit 100s~

>> No.11252654

>getting taken to the cleaners by SEC
>4% drop
meanwhile any news involving sec, rumor or fact, results in >10% crypto drop

>> No.11252792

>>11248856
If he didn't want to be disabled he shouldn't have been a criminal in a past life.

>> No.11252924

BIG OIL!!! ITS ALL BIG OILS FAULT!!!!! BIG OIL!!! I LOVE YOU ELON CANT WAIT TO GO TO MARS IN 5 YEARS!!! ELON IS A HEBREW NAME BUT HES BASED AND THE JEWS ARE OUT TO GET HIM!!!! BUY XRP ASAP!!!!

>> No.11252937
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11252937

>>11248816
He’s an arse who represents everything wrong with corporate greed. An imbecile who keeps Tesla’s stock afloat on dreams. SpaceX is nice, real nice, but it got where it is now with almost no input from him. Remember kids, you don’t have to work hard or be smart to be rich, you just have to be lucky.
>inb4 it’s his incredible talent for management and leadership that means he should own billions in stock
He hung out with smarter people and had the balls to write checks in Paypal’s early days. His greatest accomplishment has been fooling retards into thinking he’s an engineer who dictates the inventions his companies create. In reality he spends more time fostering a cult of personality thats sprung up around him than managing his company. Any retard who bought Tesla @ 300+ should consider their next financial choices more critically.
T. I shorted Tesla consecutive times after each retard tweet he made

>> No.11253007

>>11248816

He called out the (((media))). This is their revenge. (((they))) instincively do this. It requires no planning on their part... what you are seeing is hivemind acting against an individual, to replace him with someone that serves (((their))) agenda. Can't have too much influential white guys running around that still have some independant thought left in them eh.

>> No.11253025
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11253025

>>11253007
>>11252078

>> No.11253053
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11253053

>>11253025

>> No.11253301
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11253301

Bad traders (shorters) are just furious that price keeps going up and they losing money thys they hate Elon. Tsla will be $1000 in few years

>> No.11253308

It's always the same song, bad trader loses money either a stock or commodity = MANIPULATION

>> No.11253354
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11253354

>>11248810
Looks like someone is short and fucked... Monday gonna rocket the stock to the moon

>> No.11253392

>>11248810
Musk learned like Shkrelli that if you go against the lugen presse and the (((establisment))) you go down in flames

>> No.11253393
File: 4 KB, 321x87, September 7th 2018.png [View same] [iqdb] [saucenao] [google]
11253393

>>/biz/thread/S10990550#p10995219

>> No.11253405

>>11253392
Not worth fighting for, he was ready to step down as a chairman anyways

>> No.11253409
File: 972 KB, 1440x2960, Screenshot_20180929-201922_Chrome.jpg [View same] [iqdb] [saucenao] [google]
11253409

Niggers gonna nig

>> No.11253421

>>11248873
Did you read the article? The charges are related directly to the tweet regarding taking tesla private.

If the 'funding secured' was not true it is blatant manipulation to pump the stock price up since all share holders would get $420 per share.

If he cannot provide proof that he had funding, or even interest from someone, he is in deep shit.

>> No.11253424
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11253424

>>11248865
>>11248866
/o/ hates Musk the most

>> No.11253441

>>11252043
CEO reports to the board. Chairman is in charge of the board. He is a figurehead now. Also DOJ is coming with charges next week so this is the appetizer and mostly pointless. His reported model 3 reservations of 420k is fabricated.

>t.live in D.C

>> No.11253660

>>11248828
https://www.scribd.com/document/389617954/Elon-Musk-SEC-Complaint

>> No.11253692

anybody got the pic where musk tweets about who controls the news and the responses

>> No.11253716

>>11248816
Because people like you love to prop companies with zero productivity and abhorrent management just because muh jewllywood-like CEO or DUDE WEED LMAO

>> No.11253728
File: 336 KB, 1242x1690, elonjew.jpg [View same] [iqdb] [saucenao] [google]
11253728

>>11253692
Not quite what you're looking for, but you'll still find this funny probably.

>> No.11253777

>>11248819
Beat the grass to startle the snakes.
Him fudding his stock in all those ridiculous ways is the same as his tweet about media.

>> No.11253788
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11253788

>>11253728
i like it, i was thinking of this normie friendly one so i could show it to a friend but this will do

>> No.11254232
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11254232