The Lemon Fool

Tesla's overwhelming concern, he said, is "How do we keep the factories operating so we can pay people and not go bankrupt?"

- https://www.reuters.com/business/autos- ... 022-06-22/

BobbyD wrote:

odysseus2000 wrote:

BobbyD wrote:

odysseus2000 wrote:Musk appealing to the Supreme Court over what the sec can do & whether he must abide by their rulings:

https://www.google.com/amp/s/www.nytime ... t.amp.html

Regards,

Musk has joined an amicus brief in a case involving an ex CFO who is appealing the SEC's policy of

requiring settling defendants to agree not to deny the SEC’s allegations publicly nor to assert that the government’s complaint was unfounded.

- https://www.reuters.com/legal/litigatio ... 022-04-26/

...which Musk has already done, and is not an appeal on his part.

It bypasses the appeals process by going straight to the Supreme Court.

Regards,

That would still be an appeal, this isn't.

An amicus brief is made by a party who is not a party to proceedings, eg. this isn't his case.

Companies
Tesla Inc

WASHINGTON, June 21 (Reuters) - The U.S. Supreme Court on Tuesday rejected a challenge brought by a former Xerox Corp executive and backed by Elon Musk to a Securities and Exchange Commission (SEC) rule requiring people who agree to settlements with the agency not to deny its allegations against them.

The justices declined to hear former Xerox chief financial officer Barry Romeril's appeal of a lower court's decision that the rule does not violate his free speech rights under the U.S. Constitution's First Amendment. Romeril agreed under the rule not to deny accounting fraud allegations he settled with the SEC in 2003.

- https://www.reuters.com/legal/governmen ... 022-06-21/

BobbyD wrote:

Companies
Tesla Inc

WASHINGTON, June 21 (Reuters) - The U.S. Supreme Court on Tuesday rejected a challenge brought by a former Xerox Corp executive and backed by Elon Musk to a Securities and Exchange Commission (SEC) rule requiring people who agree to settlements with the agency not to deny its allegations against them.

The justices declined to hear former Xerox chief financial officer Barry Romeril's appeal of a lower court's decision that the rule does not violate his free speech rights under the U.S. Constitution's First Amendment. Romeril agreed under the rule not to deny accounting fraud allegations he settled with the SEC in 2003.

- https://www.reuters.com/legal/governmen ... 022-06-21/

From earlier link:

"But the executives in the amicus brief argue that the choice isn’t actually a choice. They say most cases end up settling because fighting the S.E.C. is too costly. Mr. Musk has said he settled because litigation would have put Tesla under too much financial pressure and jeopardized its financing."

LOL. Richest man in the world says he can't afford to defend himself in court. [Shakes head.]


GS

From earlier link:

"But the executives in the amicus brief argue that the choice isn’t actually a choice. They say most cases end up settling because fighting the S.E.C. is too costly. Mr. Musk has said he settled because litigation would have put Tesla under too much financial pressure and jeopardized its financing."

LOL. Richest man in the world says he can't afford to defend himself in court. [Shakes head.]


GS

At the time to which this refers, Tesla were negotiating investments from various private sources. Musk concern was that court action against the SEC would jeopardise these negotiations and endanger Tesla due to potential funders walking away. To avoid this risk he settled with the SEC, a settlement that involved paying fines to the SEC which were collected and destined to be distributed to shareholders, but no distribution occurred.

Musk argued this case at a lower court, saying the SEC knew that his funding secure claim was correct but still wanted blood and to avoid risk to Tesla, Musk settled. He lost and is now appealing that decision.

Regards,

BobbyD wrote:

Elon Musk says Tesla's new factories in Germany and the US are "losing billions of dollars" due to battery shortages and supply disruptions in China.

The multi-billionaire also called the plants in Berlin and Austin, Texas "gigantic money furnaces".

- https://www.bbc.co.uk/news/business-61905276

Elon Musk says he's wading into politics to stop the 'woke mind virus' from destroying civilization

- https://www.businessinsider.com/elon-mu ... ?r=US&IR=T

Elon Musk: Billionaire's daughter cuts ties with her father

Elon Musk's transgender daughter has applied to legally change her name and gender, saying she no longer wants to "be related to my biological father in any way, shape or form".

- https://www.bbc.co.uk/news/technology-61880709

It is incumbent on any CEO to not mislead investors who, if they feel mislead, have recourse to litigation.

With the furnace quote he is being honest. Ramping a new factory is expensive, ask anyone who has started up a new manufacturing plant.

Carnegie had the same issues with his steel plants, but once the plant is up and running then the furnace operates in reverse and spew out far more cash that it consumed in the construction and start up phase.

This is the issue troubling legacy. They want to transition to BEV, but to do so means hurting their ICE business and at the same time consumes a lot of cash. Hence legacy are going slowly, creating small BEV production facilities and praying they can keep their legacy business running too.

The rest of the links are noise.

Regards,

The evolution of the skin of Star Ship:

https://youtu.be/CP8Hbr2jL_c

Regards,

Carl new battery, claimed to offer 13% better performance than 4680:

https://twitter.com/khernandez/status/1 ... 0UyLAfTrig

Regards,

Lifetime carbon emission for various technologies:

https://youtu.be/wNHe-lQrrOs

The one missing area is storage where Tesla are strong, but the video just discusses generation. Once storage is included the whole picture becomes entirely different & more useful than anything in the previous history of electrical generation.

Regards,

People keep telling me that hydrogen is the way forward for cars, but this does not look to be the case, although bulk energy storage may be convenient with hydride storage:

https://youtu.be/M0fnEsz4Ks0

As things are lithium ion batteries are currently the best option for light duty transport as Tesla have repeatedly noted.

Regards,

Tesla fans make a short Happy Birthday video for Elon:

https://youtu.be/zo9DTxM2vl4

Do fans of other car makers do similar things?

Regards,

odysseus2000 wrote:
Tesla fans make a short Happy Birthday video for Elon:

https://youtu.be/zo9DTxM2vl4

Do fans of other car makers do similar things?

The real worry is that you ask that as though it would be a bad thing if they didn't Ody...

Cheers,

Itsallaguess

Itsallaguess wrote:

odysseus2000 wrote:
Tesla fans make a short Happy Birthday video for Elon:

https://youtu.be/zo9DTxM2vl4

Do fans of other car makers do similar things?

The real worry is that you ask that as though it would be a bad thing if they didn't Ody...

Cheers,

Itsallaguess

I was using the question as a way of showing the fan base for Tesla is different than the fan base for any other car maker. Tesla have created a similar love for their products among consumers as have Apple.

Regards,

odysseus2000 wrote:Tesla fans make a short Happy Birthday video for Elon:

https://youtu.be/zo9DTxM2vl4

Do fans of other car makers do similar things?

Regards,

Here's another guy with fans singing Happy Birthday
https://www.youtube.com/watch?v=l6V3PPERe-E
doolally

doolally wrote:

odysseus2000 wrote:Tesla fans make a short Happy Birthday video for Elon:

https://youtu.be/zo9DTxM2vl4

Do fans of other car makers do similar things?

Regards,

Here's another guy with fans singing Happy Birthday
https://www.youtube.com/watch?v=l6V3PPERe-E
doolally

Ha Ha

Elon has more and better birthday wishes than ex-President Trump and it is the former, not the latter, who may get the ex-president back on Twitter.

Although as far as I know ex-president Trump doesn't make cars, or make renewable low carbon energy and in many ways one can argue that the car maker has done more things for humanity than the ex-president, although some unborn who will now get born might argue differently. The world is complicated.

Regards,

Tesla competitor Nio, comes under short attack from Citron for apparently over stating revenue:

https://cnevpost.com/2022/06/28/nio-fac ... ing-games/

Regards,

Elon Musk has suddenly stopped tweeting.

It is now more than a week since the Tesla and SpaceX boss posted on the platform that he is trying to buy.

Mr Musk’s last tweet came on 21 June. That was a reply to a post about the fight between SpaceX and FCC over the former’s space internet programme, Starlink.

A day later, on 22 June, Mr Musk liked a number of posts. Some of them were about his attempt to take over Twitter, and others were entirely unrelated.

But since that day, exactly one week ago, Mr Musk has not posted on the platform at all. He made no announcement about a possible departure, and has not explained the silence.

- https://www.independent.co.uk/tech/elon ... 12627.html

The mystery of no tweets from Elon still continues, almost as though he has been banned.

The ugly threats from Russia & the high availability of guns in the US do add a risk factor that no analyst that I have seen considers.

If Elon was to be taken out the floor for Tesla is highly probably well below the current price.

Regards,

If anyone's interested in what a Tesla 4680 cell looks like on the inside, here's a video of someone pulling one to pieces - although it's an hour long, you can skip through much of it :
https://www.youtube.com/watch?v=S7fzvO5Ngbo

Tesla q2 deliveries up by about 25% over q2 2021:

https://www.google.com/amp/s/www.cnbc.c ... mbers.html

On course for over 1 million car delivered this year.

Regards,

Tesla solar range extender:

https://www.teslarati.com/tesla-solar-p ... ype-photo/

Interesting comment that there were more VW employees than Tesla employees at the Tesla stand.

Regards,

4680 structural pack far from optimised:

https://www.teslarati.com/elon-musk-tes ... optimized/

Regards,