Monday, July 16, 2018

Musk Tesla: website no longer taking orders, Musk melts down again and pouts, and more Tesla cars combusting at will...not good.

After a dramatic Sunday, in which Elon Musk unleashed a bitter tirade at the Thai rescue chief Vern Unsworth, calling him a pedophile more than once in now deleted tweets...

... after his rescue effort was criticized, Tesla stock is down 3% in early trading as investors show growing concerns at Musk's increasingly erratic public behavior.
planned tanking of stock.
Musk's latest outburst followed a warning last week from one of Tesla's top investors who urged the company to keep its head down and focus on performance: "We are very supportive, but we would like peace and execution at this stage," said James Anderson, partner and portfolio manager at Baillie Gifford & Co., Tesla’s fourth-largest shareholder, said on July 11 in a Bloomberg Television interview.
Adding to investor worries are confirmed reports that the Tesla's Model 3 configuration page is down. No surprise of course, considering the Fremont TENT plant isn't making anything as has been proven in recent weeks.
Musk also sparked outrage on Saturday after it was revealed that he was a prominent donor to a GOP PAC whose purpose is to keep the Republicans in power and which resulted in a furious backlash from liberals, many vowing to cancel their car orders or even return cars they currently have, even though the reports turned out to be false. Amazing that Telsa owners buy into all the NWO memes being shoved and programmed into the public consciousness by the satanic left.
Another final concern is a weekend report that T Rowe Price, currently the second largest holder of TSLA, has significantly trimmed its holdings of the stock.
 Let's face it. this stock price down trend is about stealing the long investor position's profits. Once it cycles below 280 a share, it will fly back up and tear up the shorts, once the short ratio position exceeds 6 to 1 long on the daily.
some source material Zerohedge