Is Musk really crazy or pretending to be crazy?
Musk claimed to be mentally unstable, on live smoking marijuana, is he really crazy or pretending to be crazy
Musk has been out of sorts since 2018, especially his Tesla, which has been the main target of U.S. short-shooters.Musk, the big dreamer, dares to think and do everything, but his many words and actions are being tested and questioned by more and more people.
In fact, since mid-2017, Musk’s Tesla has been experiencing frequent departures of senior management talentA company with frequent departures of his supervisors can never be a good thing, and what is exposed behind him is Tesla’s operational difficulties and financial crisis.
According to statistics
In 2017, the number of Tesla executives leaving the company was 29.
In 2018, as of June, 26 executives have left the company.
Among the departures that have hit Tesla the hardest areDirector of Field Performance, Head of Autopilot Business, Chief Financial Officer, Vice President of Finance, Vice President of Operations and others.And just last week, a new executive who joined Tesla just a month ago, also immediately left.The “chief accounting officer” Dave Morton, who joined Tesla on August 6, left in a hurry on September 6.
We need to know what this “chief accounting officer” does
The “chief accounting officer” in layman’s terms, is the management of the accounts, the results of this man a spread Tesla’s books, the heart of a cold, and then look at the colder, spent half a month to study Tesla there is no salvation, the remaining half months on the consideration of their own how to run.
This is very similar to a doctor, open the stomach of a patient, see for yourself the situation inside, the heart is cold and cold, finished, this person is hopeless, so stitches, go away.The “chief accounting officer” who manages the accounts, ran away after a month on the job, encountered this situation.
Musk tweeted, to “privatize” Tesla.Tesla’s business situation, under the sniping of the powerful air cast in the United States, is very bad. Musk as the big boss, he certainly knows that Tesla is in bad shape, just last month, Musk without warning suddenly tweeted a message, meaning.I am considering, with a price of $ 420 per share, Tesla privatization, money is not the problem.
The world was stunned when this statement was made.
When Musk said this, Tesla’s stock price was $48. After he said this, the stock price quickly jumped nearly 10%, hitting $53 at once.Musk’s meaning is that I want to use the price of $60 a share to buy back all the Tesla shares on the market now!
After the acquisition, Tesla will be delisted, not in the stock market and you play, I Tesla play themselves, but also save all day by your short sniper.If things are really as Musk says they are, and he wants to buy back all the stock out there for $60 a share, it would cost him about $72 billion.
A $72 billion buyout of his own company, if it comes true, would make it the largest leveraged buyout deal in history.So does Musk have the money? Where would he get the $72 billion to buy back all the shares out there?
Allegedly, only allegedly of course, the Saudi sovereign wealth fund, the Saudi tycoon, is interested in Musk’s Tesla, and the Saudi tycoon has previously built a $2 billion position in buying Tesla stock.
China may also be interested in helping Tesla a hand, after all, Tesla China factory just finalized.Musk himself said ah, spend $ 72 billion to buy Tesla back, let Tesla delisted, in order to let the company “with the best state of operation, without the distraction of those stupid short-term thinking”.
You know that after a company goes public, its shareholders can directly influence the company’s decisions, because the company is no longer yours alone, it belongs to all shareholders!Then your voice in the company will be diluted, and sometimes you will have to make compromises and change your original business and management philosophy.
Musk now wants to buy back “Tesla”, is to make the company exactly as he wants to do. After announcing the privatization fiasco, Musk is showing haggard day by day.
But Musk’s behavior of putting out the word before the word is out, in essence, may violate the relevant provisions of the U.S. Securities Act, and Musk is heavily suspected of manipulating the stock price.
Isn’t that obvious?
You are the chairman of the board, this kind of words is never just say, you just say, is to break the law, is to manipulate the stock price.Tesla is the same, Musk said to buy back all the shares outside Tesla, causing stockholders to buy Tesla shares like crazy, Tesla stock all the way up.The U.S. Securities and Exchange Commission, has launched an investigation into Musk.Then in the end, you Tesla if you really spent $ 72 billion to buy back all the shares and then delisted okay.
But if you do not have this plan, your acquisition is just a casual talk, then Tesla will be very trouble, Musk will be more trouble.
Musk’s absurd words and actions immediately attracted the high attention of the “U.S. Securities and Exchange Commission”, the SEC immediately set up an investigation team, Tesla may have malicious manipulation of the stock price, to launch an investigation.
The former chief prosecutor of the SEC, Peter Henning, said. Henning said
Tesla may indeed have a privatization plan, but the plan is still very immature, and Musk put the word out first when the plan was still immature, which would cause investors to be misled by Musk without getting complete information.
By August 24, things took a sharp turn for the worse when Musk suddenly announced to the public again on Tesla’s official website.The majority of Tesla’s existing shareholders believe that Tesla would be better off as a publicly traded company and that going private would harm investors’ interests.
At the same time, the privatization process was challenging and more time-consuming and distracting than expected.Therefore, the Board of Directors and I have unanimously decided to abandon privatization and that keeping Tesla public is the better path forward.
Tesla issues open letter to cancel privatization.
Tesla’s statement came out, the whole United States, a large number of investors criticized Musk nonsense, put false information to harm the shareholders, asking the “SEC” to investigate Tesla, investigate Musk, and compensate the losses of shareholders. Do you remember when Musk said Tesla was going to be delisted, his stock price was how much?
But after Musk fooled a circle of stockholders and said that Tesla was not ready to go private, Tesla’s stock price fell all the way down to a low of $36.
It fell 35% from its high point, just in 30 days.
I have to admire, Musk this wave of leeks cut good ah.But leeks are not cut for nothing, there are at least two investor class action lawsuits against Tesla for “stock price manipulation” and “securities fraud” have been filed.This manipulation of stock prices and securities fraud, that can be a felony, now no one knows whether Musk was really deliberately “put the news cut leeks”, or because he was originally a big mouth, a mouth, difficult to control their emotions.
In fact, friends who are concerned about Musk should know that Musk has never been a man of words, directly hard on Wall Street, so that many securities investment institutions bearish Musk, short Tesla, Musk and never a man who will put a soft body.
Wild, is his personality special
But today, as Musk faces possible charges of “stock price manipulation” and “securities fraud,” he has added another personality trait — madness!
On September 6, the trouble-plagued Musk finally appeared, which is his first public appearance after announcing “privatization to cut leeks”.
And Musk this “first public appearance” to do things, but also very strange.What did he go to do?He went to smoke marijuana.
Yes, you read that right, Musk went to smoke marijuana.
There is a web star anchor in the United States, called Joe Rogan, Musk was a guest of the web star anchor’s live room, the two chatted a lot, chatted to the excitement, but also exhaled marijuana.
And the United States because of the different state laws, the vast majority of states are still prohibited to engage in marijuana, only a very few states are “legalized marijuana”.
Musk’s show on this network anchor is a total “free-for-all”
Smoking pot, drinking whiskey, waving a samurai sword.Throughout the show, Musk gave people the impression of two words out of control.
Before that, no one had ever seen such a Musk, such an indulgent Musk, and the two talked about strange topics, mainly about why Musk always tweeted to dislike people, whether it was from Trump.
He also talked about his company’s flaming gun, the vacuum train, and the “Brain Man Project”, which is a fantasy in which the human brain is connected to a computer.
The entire live broadcast was conducted for more than two hours, or very interesting, but once the live broadcast ended, all the media in the United States are talking, that Musk has embarked on a “crazy road”.
Musk in the whole live process, although eloquent, but his mental state seems very unstable.
Musk himself also said, I am very painful, sleepless all night, physically and mentally exhausted, I think I can not hold on.
And before Musk participated in the “live marijuana smoking”, he tweeted a meaningful tweet.
Musk tweeted “Death in the Water,” a chapter
The tweet was a poem by the poet “Tor S. Eliot” called “The Waste Land,” and Musk specifically accompanied it with the fourth chapter of the poem, “Death in the Water”
A Phoenician who has been dead for two weeks:
In the great waves of the abyss
Forgetting profit and loss
In the currents that rise and fall
He experienced youth and old age
O those who turn the wheel and watch the wind
Think of them, too, who were once as tall and beautiful as you.
Basically, the song “Death in the Water” is about a former successful man who laments his years and youth, his gains and losses, and finally his burial in the sea
So many people speculated that Musk he was under great mental stress for a long time and he might be suffering from a serious mental illness.
In other words, Musk he is not pretending to be crazy, but really crazy.
Ten days after the release of this “Death in the Water”, Musk went on the air to smoke marijuana.
At the same time, Musk’s “madness” has also been accused of “getting away with it”
As I said before, Musk may face two felony charges of “stock price manipulation” and “securities fraud”, which is touching the bottom line of the U.S. Securities and Exchange Act.
The best way now is for Musk to convince investigators that he is an “incapacitated lunatic.
If Musk can prove that he is mentally ill, he may be able to avoid prosecution by the SEC.
That’s why some U.S. organizations that are down on Musk and Tesla think
Musk, smart enough to be faking insanity.
By pretending to be crazy to avoid charges
Musk will get crazier and crazier in the future, because that’s the only way he can avoid responsibility.
Musk’s SPACE-X brings us a lot of surprises, but Tesla’s future is very bleak, both in terms of production capacity and financial statements
What is worse than Tesla’s stock is Tesla’s bonds, which have collapsed and are basically “junk bonds”, and no one in the investment community believes that Tesla can still pay its debts.
Musk’s mental condition is a point to focus on in the future, and another point is whether there will be a tycoon in the future, a lot of funding Musk.
