The fraud on the market means that agents in the marketplace are not any more trustworthy than the instruments they invest or trade in. How that might make sense and is important is that to understand Tesla, it helps to know the history of its investor behavior. Jeffrey Vinik is a name most people have probably … Continue reading Who really owns Tesla anyway?
Elon Musk and Tesla exceeded their 2016 sales goal by 1230 units when they reported that they had delivered 76,230 Jan 3rd, 2016. The Wall Street Journal and Investors Business Daily headline reported this number as a slight miss. The reporters don’t know the expected metrics, though the insiders do. Why is that … Continue reading Tesla Exceeded Its 75,000 Unit Sales Goals in 2016 by 1.64%
Does the general public understand that Tesla’s Model 3 pre-order event might have been a big miss? Nearly everything about Tesla comes from the frame of reference that is presented by Elon Musk. There is little basis to challenge it if they follow most people in the media.The Model 3 event, was Tesla’s most significant company … Continue reading The Model 3 March 31st Kickstarter
When the company in June of 2010 went Ipo. Elon Musk saw to it to sell 909,000 shares and collected 15million dollars. His share sale represented 6.8% of the total 13.3 million shares that were on offer in the Ipo. Off All the shares that were sold by selling stockholders, Elon Musk represented 2/3 of … Continue reading Elon Musk Sold 3x As Many Shares as the Next Holder in the Co’s June 2010 IPO
The issue with Tesla is not that they have problematic financials today… they even forecasted some of them. Selling, general and administrative expenses consist primarily of personnel and facilities costs related to our Tesla stores, marketing, sales, executive, finance, human resources, information technology and legal organizations, as well as litigation settlements and fees … Continue reading Tesla’s SG&A +886% from 2010 to 2015