It takes decades to build a reputation but it can be destroyed overnight with a single tweet.
To be more accurate it was a series of Tweets, each expanding the narrative and doubling down on the original statement:
- "Shareholders could either to sell at 420 or hold shares & go private"
- "My hope is all current investors remain with Tesla even if we’re private. Would create special purpose fund enabling anyone to stay with Tesla. Already do this with Fidelity’s SpaceX investment."
- "Def no forced sales. Hope all shareholders remain. Will be way smoother & less disruptive as a private company. Ends negative propaganda from shorts."
- "Investor support is confirmed. Only reason why this is not certain is that it’s contingent on a shareholder vote."
Maybe that's part of the reason that Tesla is the company causing him all the issues.
https://www.reuters.com/article/us-tesla-spacex-shareholders...
Given that Musk has made his point with electric cars and major luxury brands are starting to push hard in that direction, it might not be terrible if Musk were to step down from Tesla, get some sleep, and focus on getting us to Mars.
(Incidentally, a Mars colony could also use NASA's new fission reactor designed for space missions. It's likely that NASA will be deeply involved in the effort anyway.)
What stops them from buying off-the-shelf commodities? Why the NIH? Didn't they, to much nerd fanfare, famously make all of TSLA's patents public two years ago? What stops them from sourcing these components from someone else?
https://twitter.com/qtrresearch/status/1024254098068176896
Allegedly, ex-Solar Cities are saying they were told to fake sales. Quoth the Raven podcast first brought it to attention but now that the SEC investigation is starting, it will be a matter of time before Musk is under the gun, this time with serious jail time, if the allegations hold true.