SEC charges Elon Musk

    Posted by matt on 27th of Sep 2018 at 04:36 pm

    TSLA - Chart Link- news came out after the close, TSLA down close to $38 after hrs

     the SEC is also asking for Musk to be removed as Tesla’s CEO and banned from holding a corporate officer or director position at any public company.

    The SEC is very technical

    Posted by mla127 on 27th of Sep 2018 at 11:11 pm

    The SEC is very technical too .... they did wait at the 50/200MA to make the announcement ...     

    It could be a buying

    Posted by arun on 27th of Sep 2018 at 05:23 pm

    It could be a buying opp tomorrow depending on how low CCI goes. Market doesnt like Musk anyway. This will be a good excuse to find a new COO/CEO ....Apparently the $420 price for taking it private is to "amuse his girlfriend" WTF

    yeah maybe that would be

    Posted by matt on 27th of Sep 2018 at 05:44 pm

    yeah maybe that would be a positive but jeez.  I actually shorted some TSLA in after hrs right after I heard the news, that is something I NEVER EVER EVER DO, chase news, but I figured was significant enough would drop more and boy it did. I covered 70% of my position just now for a really nice trade just to be safe. But man.

    yeah impress his GF, good reason VIDEO of her , I can see why people say she looks like she could be his daughter LOL

    otherwise I love the cars, two of my neighbors has one, one has a Model S, and one has a new Model 3, both awesome to drive

    I am still Short TSLA

    Posted by FIGO on 27th of Sep 2018 at 06:55 pm

    I am still Short TSLA .If $250 breaks watch out ,his margin calll 850 Million by MS

    Nice short!

    Posted by morton7 on 27th of Sep 2018 at 07:05 pm

    Nice short!

    T Rowe, Fidelity and Baillie

    Posted by FIGO on 27th of Sep 2018 at 07:02 pm

    T Rowe, Fidelity and Baillie Gifford each owns $7 B. of TSLA shares ,if they try to exit it will be fun 

    I will be very surprised

    Posted by arun on 27th of Sep 2018 at 07:12 pm

    I will be very surprised ... The foundation for the company has already been laid and now its ready for the next leg up... Moreover the products are revolutionary. The recent Audi etron (full electric) comes no where close to model S or X. Even a lot of  motor magazine analysts agreed. Its not a bad idea for a new level headed CEO to take over. Tesla is one of the jewels of American engineering that we can be proud of.  I dont know about the stock price but company and product wise - its unimaginable. I owned quite a few luxury vehicles BMW,Range Rover Autoiography, Porsche Panamera Turbo (new edition) and now the model S P100....  Nothing wowed me more than the Tesla... But anyways enough of this.... As long as your short works out and you make money - who cares :-) - Maybe you can buy a model S with that lotto ..hehe

    Yes I've owned quite a

    Posted by matt on 27th of Sep 2018 at 10:10 pm

    Yes I've owned quite a few luxury, mostly sports vehicles myself, BMW's etc.  I  currently own a 2013 M3 hard top convertible.  Obviously the Tesla can't handle like the M3 but I loved how the Model 3 drove vs the Model S.  The Model 3 felt a lot more nimble, sporty, which it should.  I like the larger portrait screen more on the Model S but otherwise I've been leaning to trade my M3 in for a Tesla Model 3.  Only thing is, my daughter loves the convertible, she'd probably hate me at first if I did that.  LOL come on dude I can  afford a Model S, I just don't have the need for that car and for my needs it's not worth it for me to spend twice the money.  I don't drive enough as it is, sort of like Steve, I'm home all day, heck  my 2013 M3 has 13,000 miles on it, stupid for me to spend $140K for a Model S 100D!  So Model 3 would fit me better if I were to get one.  Here's a pic to took late today, I should have put the top down as well and taken some pics, just wasn't time.

    nice ride!  i would keep

    Posted by morton7 on 28th of Sep 2018 at 08:37 am

    nice ride!  i would keep the BMW convertible!

    Also I tend to be

    Posted by matt on 27th of Sep 2018 at 10:31 pm

    Also I tend to be fairly frugal with cars, can't stand buying new cars, only vehicle I ever bought brand new bought was a 2017 Chrysler Pacifica minivan for the wife, otherwise my style is to try and buy a used high end car with very low miles so that it's already taken maybe 50% depreciation.  Like my M3, I bought that in 2016 for $40,000 with only 4,600 miles on it.  Brand new it stickered for $78K, so I paid basically 1/2 price for essentially a brand new car (4,600 is basically new).  However for Telsa 3 I'd obviously have to buy new

    👠do you do any

    Posted by arun on 27th of Sep 2018 at 10:50 pm

    👠do you do any technical analysis while buying cars too 😂

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