05/23/19

Tesla Dips

I am a huge fan of the Tesla story — brash entrepreneur starts electric car company.

The story is four fold:

 1. Car — great car

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 2. Elon Musk — irrepressible entrepreneur

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 3. Disruption of, perhaps, the most well-organized and entrenched industry

 4. The stock, TSLA

Today, we talk about the stock. You will recall some time ago Elon Musk got in trouble for whispering he had backing to take the company private at $420/share. Several million dollars later, a few US Securities and Exchange Commission scoldings, a bit of public humiliation, the story came to be — well maybe Elon Musk didn’t have the requisite backing.

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11/15/18

Corporate Welfare – Incentives

Corporate welfare, Big Red Car? Huh?

Big Red Car here on a sunny, cold Texas day. Ahhh, winter is here at 41F at dawn, but 65F now. Winter is hard in the ATX, y’all.

So, the Interwebs are all aghast at the gargantuan incentives provided to Amazon (richest guy in the world, Jeff Bezos, at your service) by New York and Virginia to get half of the new HQ2.

The gainsayers and the naysayers are in full throated-uproar, but nobody is really keeping score on these things, are they?

Let’s go back and explore a recent deal — the Tesla SolarCity Buffalo, New York incentivized transaction.

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Oh, my, what have I done now? Solar City? Rooftop solar panels? Was that me?

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10/5/18

Elon Musk and the US SEC – Shortsellers Enrichment Commission

Big Red Car here, following the unending saga of Elon Musk of Tesla fame and his continuing dialog with the United States Securities and Exchange Commission.

“Just want to [say] that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!” Tweeted by Elon Musk.

Is this the smart play?

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Elon Musk taking a toke to release his inhibitions?

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