Name:   MartiniMan - Subject:   Elon Musk may be in deep doo doo Date:   8/9/2018 2:52:30 PM

Not sure how many of you follow that nutjob but he has been at war with firms and individuals shorting their stock.  For some strange reason he thought it was a good idea to tweet out that he is considering taking the company private and more importantly, that the funding has been secured.  He is in trouble on two fronts.  First, if he is really considering going private, as a publicly held company he has to make all sorts of filings with the SEC.  This has obviously not been done and it has opened him up to all sorts of scrutiny.  SEC lawyers are already on the case.  Second and even worse is that he has opened himself and Tesla up to all sorts of lawsuits, especially from the short sellers. If he doesn't have funding secured and said he did he has just made the plaintiff's attorney's drool.  If I were a short seller and had the resources I would be interviewing firms as we speak.  However, based on the SEC scrutiny and the wishy washy follow up communication from the Board the shorts may not have damages, they might get rich.  In which case he opens himself up to lawsuits from current sharholders and those who have taken a long position.  Either way he may be in deep doo doo.

Disclaimer:  I do not directly own Tesla shares other than what may be held by funds in my 401k and IRA's and I am not a short seller of their stock either.  I am more an interested bystander.