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Aug 22, 2018 22 tweets 4 min read Twitter logo Read on Twitter
1) The $TSLA saga is the most compelling drama in financial history. It’s the largest ever single equity speculation instrument of all time.
2) At this point it appears as though the celebrity CEO built the capital raises on fraud at every level.
3) They have built this cult of followers and supporters that really believe the CEO working for the betterment of humanity.
4) Their CEO has at every turn, shown that he thinks truth is second to results. He also has shown that he feels above everyone else.
5) He wants everyone to support his dreams of electric cars, while his carbon footprint and battery waste create one of the largest carbon footprints of anyone in history.
6) The entire narrative is more important than anything else. His #Solyndra quote basically describes the entire $TSLA story now.
7) He’s never going to admit defeat. Which has added to $TSLA stock being one of the most shorted of all time. He also sells the narrative of evil Wall St. and speculators, while having done nothing but promote the buy side speculation.
8) He has benefitted more from $TSLA being public than anyone. So far it’s been one big happy orgy of borrowed money and bullshit.
9) But here’s the deal, lies compound and grow. Since dude is this genius “engineer,” he thinks that no one else is as smart as him. That’s usually the beginning of the end.
10) This idea of a single kind of intelligence that so many engineers fall into, makes them believe their own bullshit. But there’s more to it. I’ve known some of the smartest people to ever walk the planet. None of them are engineers. None of them lie.
11) The first thing they learn is that the truth is easy. It sets you free. It allows you to focus on your goals. It sets up all of your interactions with other people to be on your terms.
12) He’s made the mistake of thinking he is actually smarter than the people hedging their risk on his company. That they don’t have real geniuses calculating the risk of him on their balance sheet.
13) Some of the smartest people on the planet are working to monetize the risk of Celebrity CEOs. Maybe he knows that and doesn’t care. Maybe he thinks that he can pull it off. Maybe he never considered the genius it takes to accumulate the kind of money that he’s lied to borrow.
14) This amazing speculative instrument has been shorted more than any other. Part of that to hedge FAANG risk, part to sell option premium, part to hedge converts, and part to speculate.
15) It’s been an easy story for him to demonize “shorts,” like they haven’t taken large amounts of risk. Who doesn’t hate the people that bet against the table in craps?
16) But here’s the deal, if he really lied... it’s all over. It’s over now. It may make the premium sellers more money for now, but it’s over. Lies to the world get aired.
17) Telling lies to raise capital will always be fraud. Fraud at this maganatude will always be a felony.
18) What really made me laugh today was that the SEC was trying to make this a soft landing because a deal might make this whole situation go away. Everyone would get their money and it’ll all be okay.
19) That appears to be where we’re at now. A fucking govt. agency is trying to not fuck up a “go private” deal and create a soft landing.
20) Let that sink in for a moment. A bunch of govt. employees are trying to make sure there’s a soft landing and it all goes away.
21) That’s where we’re at. A soft landing engineered by govt. employees, and a fucking liar engineer. So yeah, shit is about to blow the fuck up. 💥💥💥 With everyone hoping this will all go away. @CGrantWSJ @lopezlinette @QTRResearch
Disclaimer: I’m not an RIA. None of this shit was investment advice. I’m so short I could hang glide on a @Doritos

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