Elon Musk

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Reilly

Mountain climber
The Other Monrovia- CA
Mar 11, 2019 - 02:43pm PT
Banksy, closing stores doesn’t cancel the lease agreements, does it? 😉
And I believe it was Reuters that said the 1.1 billion is due this year. I could have misread it.
moosedrool

climber
Andrzej Citkowicz far away from Poland
Topic Author's Reply - Mar 11, 2019 - 03:14pm PT
Reilly, so far you owe me $20 for losing your own bet on my vaccination.

Care to double down on Tesla bankruptcy? Ain't going to happen in the next 10 years.

What you say?

Moose
Reilly

Mountain climber
The Other Monrovia- CA
Mar 11, 2019 - 04:14pm PT
I say it will but my caveat is that Elon can’t use his personal stash to bail out the company.
And the money has to go to a charity of yer choice, or mine if I win. You know, like the NRA.
Banks

Trad climber
Santa Monica, CA
Mar 11, 2019 - 04:20pm PT
Cragar- The simple answer is that Tesla is in financial straits and they have limited ways of raising capital.
Banks

Trad climber
Santa Monica, CA
Mar 11, 2019 - 04:53pm PT
And right on cue....

Tim Newell, Director of Financial Products

and

Adam Laponis, VP of Global Finance

Are out. But everything is fine at Tesla.
Reilly

Mountain climber
The Other Monrovia- CA
Mar 11, 2019 - 05:03pm PT
Credit: Reilly
August West

Trad climber
Where the wind blows strange
Mar 13, 2019 - 09:47pm PT
If the following story is basically true, and Bloomberg is a pretty mainstream outlet that I think would be pretty careful with their fact checking, Musk is a horrible human being. There should be criminal laws against trying to maliciously destroy someone's reputation with lies like this.

From the guy who baselessly accusing a British cave diver on Twitter of pedophilia, he now tries to destroy a former worker for whistle blowing.

People, this is one reason, among many, that CEO celebratory cult worship is bad...



https://www.bloomberg.com/news/features/2019-03-13/when-elon-musk-tried-to-destroy-tesla-whistleblower-martin-tripp?srnd=premium

When Elon Musk Tried to Destroy a Tesla Whistleblower


It started with a Twitter meltdown and ended with a fake mass shooter. A former security manager says the company also spied and spread misinformation.

By the larger-than-life standards of Elon Musk, the story was far from a blockbuster. On June 4, 2018, Business Insider reported that Tesla Inc. was scrapping or reworking 40 percent of the raw materials at the Gigafactory, its huge battery plant in the Nevada desert. The article cited a source who figured the inefficiency had cost Musk’s electric car company $150 million, describing giant piles of scrap materials in the factory. Tesla denied the report, and a few hours later, the world moved on.

The world, that is, except Elon Musk. Although he wasn’t asked about the Business Insider story the following day at the company’s annual meeting, he stewed for weeks, dispatching a team of investigators to try to figure out who’d shared the information with the press.

The leaker, they determined, was one Martin Tripp, a slight man of 40 who’d spent his career in a series of low-level manufacturing jobs before finding his way to the assembly line at the Gigafactory. Tripp later claimed to be an idealist trying to get Tesla to tighten its operations; Musk saw him as a dangerous foe who engaged in “extensive and damaging sabotage,” as he wrote in a staff memo. He implied that Tripp had shared the data not only with the press but also with “unknown third parties.”

Could larger forces be at work? Musk wondered out loud. Could Tripp be coordinating with one of Tesla’s many enemies—oil companies, rival automakers, or Wall Street short sellers? “There are a long list of organizations that want Tesla to die,” he warned.


On June 4, 2018, Business Insider reported that Tesla Inc. was scrapping or reworking 40 percent of the raw materials at the Gigafactory, its huge battery plant in the Nevada desert. The article cited a source who figured the inefficiency had cost Musk’s electric car company $150 million, describing giant piles of scrap materials in the factory. Tesla denied the report, and a few hours later, the world moved on.

The world, that is, except Elon Musk. Although he wasn’t asked about the Business Insider story the following day at the company’s annual meeting, he stewed for weeks, dispatching a team of investigators to try to figure out who’d shared the information with the press.

...
Tripp later claimed to be an idealist trying to get Tesla to tighten its operations; Musk saw him as a dangerous foe who engaged in “extensive and damaging sabotage,” as he wrote in a staff memo. He implied that Tripp had shared the data not only with the press but also with “unknown third parties.”

Could larger forces be at work? Musk wondered out loud. Could Tripp be coordinating with one of Tesla’s many enemies—oil companies, rival automakers, or Wall Street short sellers? “There are a long list of organizations that want Tesla to die,” he warned.

On June 20, the company sued Tripp for $167 million. Later that day, Tripp heard from the sheriff’s department in Storey County, Nev. Tesla’s security department had passed a tip to police. An anonymous caller had contacted the company to say Tripp was planning a mass shooting at the Gigafactory.

When the police confronted Tripp that evening, he was unarmed and in tears. He said he was terrified of Musk and suggested the billionaire might have called in the tip himself. A sheriff’s deputy attempted to cheer up Tripp and then called Tesla to tell the company that the threat, whoever had made it, was bogus. Tripp wasn’t dangerous.

Many chief executive officers would try to ignore somebody like Tripp. Instead, as accounts from police, former employees, and documents produced by Tesla’s own internal investigation reveal, Musk set out to destroy him.

Tesla’s PR department spread rumors that Tripp was possibly homicidal and had been part of a grand conspiracy. On Twitter, Musk suggested the Business Insider reporter, Linette Lopez, was on the payroll of short sellers and claimed Tripp had admitted to taking bribes from her in exchange for “v0aluable Tesla IP.” Lopez denied the allegation.

The security manager at the Gigafactory, an ex-military guy with a high-and-tight haircut named Sean Gouthro, has filed a whistleblower report with the SEC. Gouthro says Tesla’s security operation behaved unethically in its zeal to nail the leaker. Investigators, he claims, hacked into Tripp’s phone, had him followed, and misled police about the surveillance. Gouthro says that Tripp didn’t sabotage Tesla or hack anything and that Musk knew this and sought to damage his reputation by spreading misinformation.


The following day, news of the lawsuit hit the internet. Tripp Googled himself and saw a story titled, “Martin Tripp: 5 Fast Facts You Need to Know,” which said he lived in a rental apartment in nearby Sparks, Nev. Panicked about who might come find him, he sent an email to Musk. “You have what’s coming to you for the lies you have told to the public and investors,” he wrote.

His former boss, of course, engaged him with gusto. “Threatening me only makes it worse for you,” Musk replied. Later, he wrote: “You should be ashamed of yourself for framing other people. You’re a horrible human being.”


So Musk says he has been framed and calls him a horrible human being.

And some people want this guy for president? Trump II.
formerclimber

Boulder climber
CA
Mar 14, 2019 - 08:19am PT
I wonder what evidence Martin Tripp got on Tesla issues.
If he was able to get hard evidence, wouldn't a pack of lawyers jump on Musk by now?
Tripp is running gofundme for legal coverage, but is far from target.
10b4me

Social climber
Lida Junction
Mar 14, 2019 - 08:48am PT
And some people want this guy for president? Trump II.

I hadn't heard that.
tooth

Trad climber
B.C.
Mar 14, 2019 - 12:17pm PT
A day earlier than scheduled from the tweet last year, tonight is the Y unveiling.
Credit: tooth
monolith

climber
state of being
Mar 14, 2019 - 08:24pm PT
Live model Y unveil.


Jim Brennan

Trad climber
Mar 14, 2019 - 08:52pm PT
After watching a bit of the above livecast I can't help thinking that one day, Elon will pull that pumpkin off of his head and scare everyone.
moosedrool

climber
Andrzej Citkowicz far away from Poland
Topic Author's Reply - Mar 15, 2019 - 06:42am PT
August, thanks for the Blumberg article.

I compared Musk to Steve Jobs before. That article confirms I was right. Both, geniuses and horrible persons.

Moose
Dingus Milktoast

Trad climber
Minister of Moderation, Fatcrackistan
Mar 15, 2019 - 06:46am PT
Meanwhile, in other news

SEC sues Volkswagen, alleging it misled investors in emissions scandal

https://www.washingtonpost.com/business/2019/03/15/sec-sues-volkswagen-alleging-it-misled-investors-emissions-scandal/?noredirect=on&utm_term=.ca77b758c3ce



DMT
Reilly

Mountain climber
The Other Monrovia- CA
Mar 15, 2019 - 08:26am PT
The market is non-plussed by the Model Why? - TSLA down 3.7%
formerclimber

Boulder climber
CA
Mar 15, 2019 - 08:37am PT
Apparently, Twitter suspended Martin Tripp's account back in 2018...interesting.
https://www.engadget.com/2018/08/15/martin-tripp-tesla-tweets/

Does he have any social media now?
FRUMY

Trad climber
Bishop,CA
Mar 15, 2019 - 08:53am PT
MotoE fire in Jerez destroyed all MotoE motorcycles.

"The Batteries don't warn you when they explode, so you have no time to react."

"I think that electric motorcycles are much more dangerous than those we are used to seeing on the track"

"I dare not imagine what would have happened if that fire had started during a traditional race weekend with workers and many fans present in the paddock."
fear

Ice climber
hartford, ct
Mar 15, 2019 - 09:15am PT
A gallon of gasoline vapor in the right ratio of oxygen has the explosive power of around 6 sticks of dynamite...

Anything that stores enough energy to move something heavy for great distances is going to be potentially very dangerous.

I know I've seen a lot of people burned to death in various gasoline inspired auto fires. It just doesnt make the news as much....
formerclimber

Boulder climber
CA
Mar 15, 2019 - 09:17am PT
Seems like Twitter issued a temporary suspension first, for sharing internal Tesla emails, and then Tripp took down his account upon his attorney's advice.

He did file counter-suit here's the filing text, with details of what he observed at the factory:
https://www.theverge.com/2018/7/31/17636928/tesla-whistleblower-martin-tripp-countersuit-elon-musk-twitter

The former Tesla employee is seeking $1 million plus punitive damages.
Frankly, if he got stuff on them, small amount sought is surprising.

Trip doesn't sound like the kind of person who'd have the skills to hack into Tesla systems and have software run on coworkers' computers to keep sabotaging it even after he's gone (what they allege)...unless he's working for someone who provided instructions and software. If he had those skills: he wouldn't work in the capacity in which he did at Tesla.
Banks

Trad climber
Santa Monica, CA
Mar 15, 2019 - 02:49pm PT
Model Y or Model Yawn?
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