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Elon Musk

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SirRumpole said:
Musk sued by Tesla shareholders over tweet that drove down TSLA share price.

www.abc.net.au

Fraud trial begins over Elon Musk's 2018 Tesla tweet

The selection of jurors starts in a San Francisco federal courtroom, where Tesla chief Elon Musk is expected to be among those called to testify.
www.abc.net.au www.abc.net.au

Interesting how this will resolve. Musk could be up for billions if he loses.
Click to expand...
If it isn't this, it will be something else, he should never have allowed Trump back on the mailing list.

The high table has made him excommunicado. I wonder if they will search his garage for confidential state secrets.?
He is a bit of an endangered species ATM.


www.theguardian.com

Investigation of Musk’s Neuralink targets federal oversight of animal testing

Sources tell Reuters law enforcement authorities are concerned about USDA’s record on animal welfare violations
www.theguardian.com www.theguardian.com

www.theguardian.com

Elon Musk under federal investigation over $44bn Twitter deal – filing

Court filing made public by social media company does not state what is being investigated, nor which federal authorities are involved
www.theguardian.com www.theguardian.com

edition.cnn.com

Federal regulators investigating Musk Tesla 'Full Self Driving' tweet | CNN Business

Federal regulators want to know what Elon Musk meant in a Tweet about disabling driver alerts on Tesla's "Full Self Driving" driver assist system.
edition.cnn.com edition.cnn.com

futurism.com

A Tesla Executive Under Investigation Is Now Working at SpaceX for Some Reason

A ranking Tesla employee is taking a role as vice president of SpaceX's Starship production — even though he's under internal investigation.
futurism.com futurism.com

www.reuters.com

Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme

Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency.
www.reuters.com www.reuters.com
 
Last edited:
SirRumpole said:
Musk sued by Tesla shareholders over tweet that drove down TSLA share price.

www.abc.net.au

Fraud trial begins over Elon Musk's 2018 Tesla tweet

The selection of jurors starts in a San Francisco federal courtroom, where Tesla chief Elon Musk is expected to be among those called to testify.
www.abc.net.au www.abc.net.au

Interesting how this will resolve. Musk could be up for billions if he loses.
Click to expand...
It's in San Francisco so he's stuffed. He tried to move it to Texas but they refused.
 
SirRumpole said:
Musk sued by Tesla shareholders over tweet that drove down TSLA share price.

www.abc.net.au

Fraud trial begins over Elon Musk's 2018 Tesla tweet

The selection of jurors starts in a San Francisco federal courtroom, where Tesla chief Elon Musk is expected to be among those called to testify.
www.abc.net.au www.abc.net.au

Interesting how this will resolve. Musk could be up for billions if he loses.
Click to expand...
Where were they when 90% of Wall St and Gates were shorting the **** out of TSLA?

They're aiming to bring Musk down because he's too far ahead of the planned narrative.
 
Had an investor day

. ....If there’s one big takeaway for Tesla investors .... it’s to understand how the sweep of Musk’s global energy vision translates to the company’s manufacturing effort. This is an extraordinarily vertically integrated business, which wants to control every aspect of its supply chain, so it can innovate costs out and stay ahead of what will be growing competition.

That comes with a huge investment requirement, but it could also come with a huge payoff...
 
S
Dona Ferentes said:
Had an investor day

. ....If there’s one big takeaway for Tesla investors .... it’s to understand how the sweep of Musk’s global energy vision translates to the company’s manufacturing effort. This is an extraordinarily vertically integrated business, which wants to control every aspect of its supply chain, so it can innovate costs out and stay ahead of what will be growing competition.

That comes with a huge investment requirement, but it could also come with a huge payoff...
Click to expand...
Smart cookie Every corner of the business is another dollar of profit.
Got a similar scenario here in Perth with a giant group, BGC. Controls everything if the owner wants it that house building. Hard rock quaries brickworks, plaster works and the list goes on and on.
Len the now deceased owner how is now residing in the quarry in the sky, could see long ago the value in control.
 
cointelegraph.com

Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report

According to an April 1 Reuters report, Elon Musk’s lawyers called the lawsuit taken against him by Dogecoin investors a “fanciful work of fiction” over his “often silly tweets.”
cointelegraph.com cointelegraph.com
Elon Musk and his lawyers reportedly requested a United States judge dismiss a $258 billion lawsuit filed by investors who alleged he operated a pyramid scheme to promote the cryptocurrency Dogecoin
https://cointelegraph.com/doge-price-index
 
Good morning
Elon Musk yesterday dismissed speculation that he might step down as Tesla’s CEO and told the company’s annual shareholders meeting that the electric car and solar panel company would start doing some advertising.
“Say it ain’t so,” one shareholder asked Musk about stepping down as Tesla’s leader. “It ain’t so,” he replied without further discussion.
ha ha ha ha ha
and there you have it

Have a great day, today.

Kind regards
rcw1
 
mullokintyre said:
Not sure I would be basing my life choices on Cathie Woods opinions.
Her ARKK ETF hit an all time high of $157 on Feb 8 2021.
Today it sits at $37.

Mick
View attachment 157021
Click to expand...

Not sure how many listed investment and research companies have maintained their Covid prices during these tough economic times, but I'd think that it is always a good idea to listen before bagging.
 
JohnDe said:
Not sure how many listed investment and research companies have maintained their Covid prices during these tough economic times, but I'd think that it is always a good idea to listen before bagging.
Click to expand...
I did listen, my opinions of here did not improve.
Mick
 
JohnDe said:
Not sure how many listed investment and research companies have maintained their Covid prices during these tough economic times, but I'd think that it is always a good idea to listen before bagging.
Click to expand...
Its off topic, but gunna do it anyway.
Some companies and ETF's certainly did maintain or exceed pre covid prices.
Just for fun, here is a list of the top 100 ETF's in the USA by 5 year return.
And here is the list over the past 3 years.
ARKK does not appear in either list.
Mick
 
mullokintyre said:
Its off topic, but gunna do it anyway.
Some companies and ETF's certainly did maintain or exceed pre covid prices.
Just for fun, here is a list of the top 100 ETF's in the USA by 5 year return.
And here is the list over the past 3 years.
ARKK does not appear in either list.
Mick
Click to expand...

Just had a look on Commsec International, the first two companies did not show up, the next two showed that they peaked during Covid and then headed back down. Yes, their pricing is not bad but still lower than when Covid caused everyone to buy shares and hike prices. those companies also only specialise in proven technology firms, whereas ARK are looking for disruptive innovation. the idea is that if one or more of those disruptive innovation investments take off the payback will be huge. ARK Invest was one of the only investment firms that bought up big chunks of Tesla when prices were under $20 and sold a huge chunk at the peak of about $400US, recently buying back in at the lows.
 
Good morning
This was published today (31/05/23) via New Corp Media:

China’s foreign ministry says Tesla chief executive Elon Musk has told officials in Beijing that he opposes decoupling the world’s two biggest economies, in a meeting held shortly after he landed in the country at a time of heightened geopolitical tensions with the US.

In a statement released overnight, Musk was quoted by Chinese officials as having told Foreign Minister Qin Gang that the interests of the two countries were intertwined and inseparable, like “conjoined twins.” The ministry published a photo of Qin and Musk shaking hands.

Musk’s trip to China – one of Tesla’s most important retail markets and home to its biggest manufacturing plant – is his first in more than three years after China largely closed itself off during the pandemic.

Tesla didn’t respond to a request for comment. Grace Tao, a Tesla executive who heads up external affairs for its China operations, reposted the foreign ministry’s statement on her social-media account on China’s Weibo platform. Shares in Tesla closed 4 per cent higher at $US201.16.
– The Wall Street Journal

Kind regards
rcw1
 
rcw1 said:
Good morning
This was published today (31/05/23) via New Corp Media:

China’s foreign ministry says Tesla chief executive Elon Musk has told officials in Beijing that he opposes decoupling the world’s two biggest economies, in a meeting held shortly after he landed in the country at a time of heightened geopolitical tensions with the US.

In a statement released overnight, Musk was quoted by Chinese officials as having told Foreign Minister Qin Gang that the interests of the two countries were intertwined and inseparable, like “conjoined twins.” The ministry published a photo of Qin and Musk shaking hands.

Musk’s trip to China – one of Tesla’s most important retail markets and home to its biggest manufacturing plant – is his first in more than three years after China largely closed itself off during the pandemic.

Tesla didn’t respond to a request for comment. Grace Tao, a Tesla executive who heads up external affairs for its China operations, reposted the foreign ministry’s statement on her social-media account on China’s Weibo platform. Shares in Tesla closed 4 per cent higher at $US201.16.
– The Wall Street Journal

Kind regards
rcw1
Click to expand...
The guy has a fair bit pf clout so guessing he will be taken notice of
 

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