THE JERK - 'All I need is this chair.."
There was talk on business channels / press in the last couple days about Musk appearing erratic with his SEC risky comments about taking Tesla private, etc. I thought, they don’t factor the pressure he might be under. Reading this, after gagging from seeing Bill Kristol’s name for the second time this eve lol, maybe not pressure but PAIN.
bagster - OK, “Q” team - a ]HAMMER[ and PAIN. That’s all I need. Oh and a BOOM. a ]HAMMER[ and PAIN and a BOOM. That’s all I need. ... lol ;)
Musk totally screwed the pooch and it’s specifically because their stock is probably going to leave a large smoking hole in the ground unless he could swing a privatization with a big money source and get out from under it while it still held a decent percentage of its peak value.
He had to have had a few in him to tweet that because that kind of statement creates a self perpetuating feedback loop. The price will drop from holders bailing and the potential buyer will see that and hold out for a lower price. It’s bad enough if your just having some doldrums/crappy quarters, but it’s death if you firehose money consistently.
THE JERK - 'All I need is this chair.."