GRA
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Re: TSLA corporate outlook

Sat Aug 25, 2018 2:05 pm

palmermd wrote:https://www.tesla.com/blog/staying-public

After considering all of these factors, I met with Tesla’s Board of Directors yesterday and let them know that I believe the better path is for Tesla to remain public. The Board indicated that they agree.

One can't help but suspect there were corporate lawyers vetting every word of that statement ;) Still waiting on the SEC.
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The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

GRA
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Re: TSLA corporate outlook

Tue Aug 28, 2018 5:45 pm

Via IEVS:
Tesla Model 3 Production Shortage Lawsuit Dismissed
https://insideevs.com/tesla-wins-model-3-production-lawsuit/

It turns out, federal securities laws don’t punish companies for failing to meet production targets. . . .

Breyer made it evident that the shareholders didn’t provide a clear case that Musk should have been more forthcoming with the fact that Model 3 production would likely be a struggle. He stated:

    Plaintiffs are correct that defendants’ qualifications would not have been meaningful if defendants had known that it was impossible for Tesla to meet its stated production goals, not merely highly unlikely. The facts plaintiffs have put forth do not tend to establish that this was the case. . . .

More good legal news for Tesla, also IEVS:
Tesla Wins In Ontario: Judge Rules Law Discriminatory Against Automaker
https://insideevs.com/tesla-wins-ontario-judge-aw-discriminatory/

Earlier this summer, the Ontario government decided to exclude Tesla from the phase-out period of the removal of the province’s EV incentives. The exclusion was done by a few carefully chosen words within the document that effectively ended the cap-and-trade program.

Naturally, the California-based carmaker responded with every legal weapon at their disposal. And finally, it’s paying off! An Ontario judge has decided that excluding Tesla from the incentives phase-out was outright discriminatory. And it’s now up to Ontario’s ministry of transportation to fix the issue.

The cap-and-trade program – which was worth up to $14,000 – allowed customers to trade-in their current gas guzzlers, in favor of a tax exemption on the value of the trade in.

In turn, Tesla (or any other car manufacturer ) can only watch away as their sales of EVs there go down the drain. However, being singled out of the phase-out of the program by carefully chosen legal lingo is simply discriminatory against Tesla.

Back in July, the end of the cap-and-trade program in favor of lesser fuel taxes was announced by the Conservative party leader, Doug Ford. This, in turn, pretty much ended purchasing of EVs on a grander scale in the province, all in favor of cutting ten-cents on every liter of fuel sold in the province. A small positive change for the average Joe, but a huge impact on the environment. . . .
Guy [I have lots of experience designing/selling off-grid AE systems, some using EVs but don't own one. Local trips are by foot, bike and/or rapid transit].

The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

GRA
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Re: TSLA corporate outlook

Thu Aug 30, 2018 4:24 pm

Via IEVS:
Tesla HR Chief On Leave Of Absence, Reason Unknown
https://insideevs.com/tesla-hr-chief-absence/

Gabrielle Toledano, who was Chief People Officer at Tesla since May 2017, is on a leave of absence, according to the latest news and her duties are now being handled by other members of the HR team.

Bloomberg notes that Toledano is the highest-ranking woman at Tesla. The absence, in a demanding period for Tesla, suggests that it maybe is not an ordinary leave of absence. . . .
Guy [I have lots of experience designing/selling off-grid AE systems, some using EVs but don't own one. Local trips are by foot, bike and/or rapid transit].

The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

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LTLFTcomposite
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Re: TSLA corporate outlook

Fri Sep 07, 2018 6:17 am

Looks like rough sledding today. Musk antics and chief accounting officer quitting after only a month on the job.
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cwerdna
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Re: TSLA corporate outlook

Fri Sep 07, 2018 9:54 am

LTLFTcomposite wrote:Looks like rough sledding today. Musk antics and chief accounting officer quitting after only a month on the job.

Yep,.

https://www.reuters.com/article/us-tesl ... SKCN1LN1MH
Chief Executive Elon Musk’s behavior after he smoked marijuana on a live webcast. Investors in the electric carmaker are on edge after a tumultuous August, during which Musk proposed and then abruptly pulled the plug on a go-private deal. Tesla said Chief Accounting Officer Dave Morton resigned because of discomfort with the public attention and pace of work.
...
Bloomberg also reported on Friday that Chief People Officer Gaby Toledano would not return from a leave of absence just over a year after joining.
...
Morton, who joined Tesla on Aug. 6,

https://www.reuters.com/article/us-tesl ... SKCN1LN1UO has a list of executive departures but I noticed it's missing Doug Field.

And, for some reason, Musk did this: https://www.cnbc.com/2018/09/05/tesla-c ... apist.html.

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EVDRIVER
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Re: TSLA corporate outlook

Fri Sep 07, 2018 11:02 am

You are a few days behind in the news. Musk does need to keep his trap shut for may reasons however.

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Re: TSLA corporate outlook

Fri Sep 07, 2018 12:13 pm

The BoD has gotta be freaking out.
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dgpcolorado
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Re: TSLA corporate outlook

Fri Sep 07, 2018 12:15 pm

A few more details about the accounting officer:
Regarding Tesla's chief accounting officer's departure, the executive released a statement in a filing with the Securities and Exchange Commission on Friday. "Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations," Dave Morton said. He continued, "As a result, this caused me to reconsider my future. I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla's leadership or its financial reporting."


Musk does what he wants and really doesn't care what anyone thinks. It is fascinating.
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EVDRIVER
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Re: TSLA corporate outlook

Fri Sep 07, 2018 12:35 pm

dgpcolorado wrote:A few more details about the accounting officer:
Regarding Tesla's chief accounting officer's departure, the executive released a statement in a filing with the Securities and Exchange Commission on Friday. "Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations," Dave Morton said. He continued, "As a result, this caused me to reconsider my future. I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla's leadership or its financial reporting."


Musk does what he wants and really doesn't care what anyone thinks. It is fascinating.



Until it does too much damage and people reach their limit. I think there is an orange man that does this as well.

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Re: TSLA corporate outlook

Fri Sep 07, 2018 1:35 pm

EVDRIVER wrote: I think there is an orange man that does this as well.


true 'dat !

I trust Elon Musk's mental capacity quite a bit more however, even if he is running a bit ragged and frayed at the moment.

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