Quote from: freeyourmind on March 28, 2015, 03:14:33 PM

Quote from: twiifm on March 27, 2015, 04:44:00 AM

I trade TSLA regularly and I know their financials well. Elon Musk is not someone I want anywhere near our financial system.

First if all the guy is a stock manipulator. He might be a brilliant engineer and maybe even a great showman/ marketing hype man. But all he does is pump his stock before a debt raise and dump it when it gets too frothy. You know he did a $3B convertible w Morgan Stanley for his so called "gigafactory". They timed a pump where MS did an upgrade w a $300 price target. And like a few days later they announced the raise and dumped the stock from $265. If I was an investor, I'd be pissed.

I'm not sure what the relevance of your response is. The thread is criticizing the financial system itself, and I brought up Tesla as an example of great technological innovation.

Quote from: twiifm on March 27, 2015, 04:44:00 AM

LOL if you believe Tesla has 25% margin w NON-GAAP

Please share your source and non-GAAP margin numbers for Tesla with us instead of using analogy. For the past 6 quarters, Tesla has had >25% margin reported. You do understand that non-GAAP allows more flexibility in reporting than GAAP does right?

I misread your post. I thought you were saying tech guys should make economic policy or that they will somehow more important than finance.

I hope you realize Tesla only exist because of the finance industry. They sure arent selling any cars to that that valuation.

They don't calculate their margins like other car companies so their numbers are misleading.

BTW TSLA closed $185 on Fri. Hope your not long