Just a reminder

[SethInMI 145]

1 hour ago, turtlespeed said:

Sounds like Enron.

Not really. IIRC, the "Mom and Pops" Enron screwed were the employees who had all of their 401k money in the company stock.

Any "Mom and Pop" shareholders who are putting their life savings in Tesla stock are idiots. But I haven't heard of any of these "parents willing to give up their children" for Tesla, whatever that means. 

[turtlespeed 212]

2 hours ago, SkyDekker said:

So not willing to put your money where your mouth is. Got it.

 

What are the terms exactly?

If he receives a bailout - does that count as going under or "Not filing Bankruptcy?

Closer to one year from five years - that seems that it is less than 2.5 years.

These things need to be specified.

[turtlespeed 212]

2 hours ago, SethInMI said:

Not really. IIRC, the "Mom and Pops" Enron screwed were the employees who had all of their 401k money in the company stock.

Any "Mom and Pop" shareholders who are putting their life savings in Tesla stock are idiots. But I haven't heard of any of these "parents willing to give up their children" for Tesla, whatever that means. 

Its kind of like those with blind faith in Trump.

They will defend him to the bitter end no matter what - they have him as their guy!

They will ride the ship down with him if it does sink, and they will look surprised when they drown.

 

[SkyDekker 1,121]

22 minutes ago, turtlespeed said:

What are the terms exactly?

If he receives a bailout - does that count as going under or "Not filing Bankruptcy?

Closer to one year from five years - that seems that it is less than 2.5 years.

These things need to be specified.

Completes a bankruptcy prior to December 31, 2019. If you don't understand what a bankruptcy is, there are resources available if you google.

May 18 to December 31, 2019 is 18 months. 18 Months is closer to 12 months than 60 months.

But you have already indicated you are unwilling to bet, so really not interested discussing terms with a partner unable to complete a transaction.

[turtlespeed 212]

2 minutes ago, SkyDekker said:

Completes a bankruptcy prior to December 31, 2019. If you don't understand what a bankruptcy is, there are resources available if you google.

May 18 to December 31, 2019 is 18 months. 18 Months is closer to 12 months than 60 months.

But you have already indicated you are unwilling to bet, so really not interested discussing terms with a partner unable to complete a transaction.

Not unable - unwilling - 

I tend not to do things that are illegal.

[SkyDekker 1,121]

7 minutes ago, turtlespeed said:

Not unable - unwilling - 

I tend not to do things that are illegal.

Not illegal in Canada for two acquaintances to make a bet. Guess you don't have that freedom in the US. 

[turtlespeed 212]

8 minutes ago, SkyDekker said:

Not illegal in Canada for two acquaintances to make a bet. Guess you don't have that freedom in the US. 

I guess not.

But we can have all the guns we want.

We win.

[SkyDekker 1,121]

15 minutes ago, turtlespeed said:

I guess not.

But we can have all the guns we want.

We win.

Meh, we can own pretty much all the guns we want too.

We are just confident enough in our penis size that we don't feel the need to carry them around all the time.

[turtlespeed 212]

7 minutes ago, SkyDekker said:

Meh, we can own pretty much all the guns we want too.

We are just confident enough in our penis size that we don't feel the need to carry them around all the time.

That's funny.

 

[brenthutch 383]

On 5/24/2019 at 3:25 PM, SkyDekker said:

Completes a bankruptcy prior to December 31, 2019. If you don't understand what a bankruptcy is, there are resources available if you google.

May 18 to December 31, 2019 is 18 months. 18 Months is closer to 12 months than 60 months.

But you have already indicated you are unwilling to bet, so really not interested discussing terms with a partner unable to complete a transaction.

My original point was that Tesla was a flash in the pan, that would likely not be around in five years.  

Apparently, you would argue, if Tesla is sold off or is reorganized into a company that makes soap or tampons, it is still Tesla and you would claim victory.  Now THAT is pedantic 

[jakee 1,254]

1 hour ago, brenthutch said:

My original point was that Tesla was a flash in the pan, that would likely not be around in five years.  

Apparently, you would argue, if Tesla is sold off or is reorganized into a company that makes soap or tampons, it is still Tesla and you would claim victory.  Now THAT is pedantic 

Eh? If Tesla is sold off but keep making Teslas as a division of another company then in what way would you not be wrong?

[SkyDekker 1,121]

4 hours ago, brenthutch said:

My original point was that Tesla was a flash in the pan, that would likely not be around in five years.  

Apparently, you would argue, if Tesla is sold off or is reorganized into a company that makes soap or tampons, it is still Tesla and you would claim victory.  Now THAT is pedantic 

And if Tesla went bankrupt due to taking on other lines of business you would argue electric cars are not viable.

[gowlerk 1,910]

5 hours ago, brenthutch said:

My original point was that Tesla was a flash in the pan, that would likely not be around in five years.  

Tesla Motors was founded in 2003. Elon Musk purchased a major stake in 2008 and it has been producing cars since then. So, five years from when?

Edited May 27, 2019 by gowlerk

[turtlespeed 212]

8 hours ago, gowlerk said:

Tesla Motors was founded in 2003. Elon Musk purchased a major stake in 2008 and it has been producing cars since then. So, five years from when?

He gave a date earlier.

[brenthutch 383]

18 hours ago, SkyDekker said:

And if Tesla went bankrupt due to taking on other lines of business you would argue electric cars are not viable.

No, I would argue Tesla is not viable...which was my original point.

[gowlerk 1,910]

56 minutes ago, brenthutch said:

No, I would argue Tesla is not viable...which was my original point.

Tesla may or may not make it in it's current form. Investors may take a bath. However their technology will live on. A merger with an established car maker picking up the pieces could be in the future. But the gigafactory will continue churning out product. You may live to gloat some more, but the world will keep on changing as you age.

[brenthutch 383]

The world will keep changing as we all age.

[billvon 2,396]

4 hours ago, brenthutch said:

No, I would argue Tesla is not viable...which was my original point.

The company is now 15 years old and has produced over 600,000 cars so far.  It has a market cap of $33 billion, higher than the market cap of Chrysler.  They employ 45,000 people.  They almost singlehandedly launched a whole new industry.

Not bad for a company that is "not viable."

[normiss 622]

3 hours ago, gowlerk said:

Tesla may or may not make it in it's current form. Investors may take a bath. However their technology will live on. A merger with an established car maker picking up the pieces could be in the future. But the gigafactory will continue churning out product. You may live to gloat some more, but the world will keep on changing as you age.

Their current level of technology share around the world is rather impressive.

Mercedes Benz is starting commercial electric semi-truck services in Germany.

Self driving will be the next change to it - we're in for major changes to transportation, trucking, and logistics.

The tertiary businesses that currently depend on fossil fuels, and those that depend on human customers, are likely to feel it first.

[turtlespeed 212]

3 hours ago, billvon said:

The company is now 15 years old and has produced over 600,000 cars so far.  It has a market cap of $33 billion, higher than the market cap of Chrysler.  They employ 45,000 people.  They almost singlehandedly launched a whole new industry.

Not bad for a company that is "not viable."

So - It's about time for them to need a Bail Out.

Would the bet include the bail out?  Even if the without the bail out there would be no chance?

[Coreece 190]

53 minutes ago, turtlespeed said:

Would the bet include the bail out? 

Wouldn't matter if the bail out included a bankruptcy like the last one.

Edited May 28, 2019 by Coreece

[turtlespeed 212]

25 minutes ago, Coreece said:

Wouldn't matter if the bail out included a bankruptcy like the last one.

Wait - Like the last one?  This has happened before?

[brenthutch 383]

https://jalopnik.com/elon-musk-says-hyperloop-tunnel-is-now-just-a-normal-1835024474

[turtlespeed 212]

1 hour ago, brenthutch said:

https://jalopnik.com/elon-musk-says-hyperloop-tunnel-is-now-just-a-normal-1835024474

I wonder if everything you ever do turns out exactly as you say it will.

If so, I will worship you as a god.

Be honest though - 

Where should I send my tithing?

[brenthutch 383]

I’m just pointing out that Musk is not the infallible visionary that many folks thought him to be.  No dis on him, just his lemmings.