Farewell for Now
seekingalpha.com
seekingalpha.com
Admittedly I know nothing about the conduct or credibility of the blogger, but to me, “a guy on the Internet” is more credible than EM at the moment.
What's next? Suing shareholders who sell stocks instead of buying them?
Perhaps! Stats? Asking price?
I read this as hearsay by a bitter rival who can get in one last parting shot to help his short position.
* Author wrote a number of articles analyzing Tesla from a financial perspective. Some of them critical of Tesla.
* Elon Musk contacted author's employer, threatening to sue if author continued to write.
* Author announces in response to this threat he will no longer write. Not just "no longer write about Tesla", no longer write, period.
* Author indicates this is in some ways a relief, as he has had poor experiences fielding "responses" and "critiques" from Musk and Musk's online supporters.
* Author is director at company heavily invested in oil industry
* Author has published false stories regarding Tesla.
* Author has incited social media attacks on Tesla advocates, bulls, and fans.
Basically, the author was using pseudonymity and relative anonymity to manipulate the market in which he and his employer are heavily invested.
I am not a lawyer. Given his company's position and his own personal position, what he was doing is at least unethical and may even be illegal, exposing him and possibly his employer to liability once his employer became aware of his editorial moonlighting.
[0] https://electrek.co/2018/07/24/tesla-troll-short-doxxed-oil-...
EDIT: formatting
Montana skeptic wasn’t a troll, he wrote extremely insightful articles. I’m actually shocked how many people are trashing the dude
I think the standard response here is "the cure for bad speech is more speech", yes?
Sure. But the Musk fanboys seem to be under the impression that if you're shorting Tesla it should be illegal to say why, or even to write about Tesla. Or if for some reason the SEC won't go after people for that, they think it's OK for Musk to use the threat of well-funded litigation to shut up the critics, and will endlessly spin justifications for that based on what they perceive the critics' sins to be.
AFAICT the author discloses his short position and the short position of whomever he represents. Which is... what responsible people do when writing about companies. Bullying him into silence because Musk and his sycophants don't like his writing is a horrible thing (especially given how much overlap there is between Musk fans and people who think of/describe themselves as free-speech advocates).
- Why are all these Tesla cars baking in the sun?
- I believe Musk is bluffing about Q3 profits
- Munro's teardown spells big trouble
- 'Hey, maybe the government will bail out Tesla'
- I don't believe tesla's delivery report
A lot of drivel (and maybe libel?), multiple days a week. It's so vitriolic I avoid reading SA just because of it. And there are others.I’m just glad to have less noise regardless, don’t have enough invested in TSLA to really care.
Sure there is, it’s in TFA and it was doxxed elsewhere. You’re welcome to believe otherwise of course, especially if that makes you feel better, but understand the difference between “no evidence of,” and “choosing not to believe.”
What if EM threatened to ruin you for reading them?