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canna change law physics
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SEC settlement with Tesla/Musk
https://apnews.com/128cc400e4244566a2f12971e257abb9/Tesla,-Musk-settle-gov't-suit-for-$40M;-Musk-to-stay-CEO
He steps down as Chairman of the Board and Tesla and Musk pay $20M each. He remains CEO. Not sure this is going to solve the issues with Tesla.
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James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 |
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09-29-2018, 03:57 PM
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Make Bruins Great Again
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Its a slap on the wrist but a step in the right direction.
The assumption is that he agreed to this because he saw the handwriting on the (stock market) wall.
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-------------------------------------- Joe See Porsche run. Run, Porsche, Run: `87 911 Carrera |
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09-29-2018, 04:22 PM
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Information Junky
Join Date: Mar 2001
Location: an island, upper left coast, USA
Posts: 73,189
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I thought that investors were supposed to be big boys and girls, able to assess market information.
Imagine if politicians got dinged each time they said something misleading.
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Everyone you meet knows something you don't. - - - and a whole bunch of crap that is wrong. Disclaimer: the above was 2¢ worth. More information is available as my professional opinion, which is provided for an exorbitant fee. 
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09-29-2018, 04:25 PM
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canna change law physics
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With his remaining as CEO, nothing in the operations will change. This is ultimately bad for Tesla.
If he had to drop being CEO, the board could have brought in someone from a real car company to get things fixed. In the long run, I think the Tesla car line is sold to regular car company. The only reason the stock is where it is, is that there are a limited number of shares being traded.
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James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 |
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09-29-2018, 04:26 PM
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1970/1982 Porsche 914-6/911SC 2.7 RS
Max
