Sunday, September 30, 2018

A Follow-up to Marquette AIM's FINA 4310 Class Discussion of Elon Musk’s Twitter Problem

Elon Musk - Giving Up the Tesla Driver’s Seat  (September 2018)

This article was published as part of Finimize's daily email. You can sign up for free to receive it in your inbox every day:

Image result for elon musk tweet tesla private

Follow-up to AIM FINA 4310 Class Discussion of Elon Musk’s Twitter Problem

Image result for FinimizeWhat's going on here?
What an expensive tweet! On Saturday, 9/29/18, Tesla’s CEO Elon Musk agreed to pay $20 million to US regulators and step down as chairman of the company after being sued for fraud.

What does this mean?
In August, Musk tweeted that he’d secured funding to take Tesla private at $420 a share – cueing regulators to begin looking into the company and its CEO, as they thought investors may have been manipulated and misled. 

Since Musk hadn’t discussed (let alone confirmed) a deal with potential buyers, his tweet was more fiction than fact (as chairman and CEO, he has to ensure his public statements are indeed factual). On Friday, Musk was hit with a lawsuit – and Tesla’s stock fell by 14%. A day later, he agreed to a settlement. In addition to Musk’s personal fine, Tesla will have to pay a $20 million fine, too.

Image result for tesla logoWhy should an undergraduate finance student care?
The bigger picture: Many more hands on the wheel.   Some investors wanted to split the roles of chairman and CEO into two jobs – sometimes-irreverent Musk held both at Tesla – hoping to improve transparency and governance at the company. But in a June vote, most shareholders backed Grimes’ boyfriend continuing in his dual role. 

Now, as part of the agreement with regulators, Musk will be relinquishing his chairman duties post haste (he’ll still be CEO) and Tesla will add two new independent directors to its board. Regulators likely hope that the fresh faces will help the company make better decisions for its shareholders.

For markets: Why are investors putting the brakes on?
Image result for tesla 
It’s been a tough ride for investors buckled into Tesla’s stock – it’s fallen 17% this year, while US tech stocks have risen overall. 

Earlier in the year, Tesla’s car production was slower than expected (machine automation problems were to blame), and some investors worried the carmaker might go bankrupt altogether – it was reportedly asking its suppliers for partial refunds to help it achieve its profit goals.

We are studying legal and regulatory issues this semester - and attempting to make the curriculum as realistic as possible. Elon Musk's 'going private' tweets gave us an opportunity to study various SEC disclosure issues. 



    Our loans are well insured for maximum security is our priority, Our leading goal is to help you get the service you deserve, Our Loan program is the quickest. We give out loan in any currency of your choice {Us Dollar, pounds, Euro, Dinar, etc} and duration of 1 to 30 years to pay back the loan (secure and unsecured).

    Do you need any kind of loan and have low credit score, Have you find it difficult to get loans
    from local banks and other financial institutions? solution to your financial problem is STEPHEN WILLIAMS LOAN FIRM. The terms and conditions are very reasonable and considerate.

    We offer a wide range of financial services which includes: Xmas Loans, Business Loans, Debt Consolidation Loans, Personal Loans, Car loans, Hotel loans, Student loans, Home Refinancing Loans with low interest rate @2% per annul for individuals, companies and corporate bodies.

    Interested applicants should Contact us via email: Apply and be free from financial bondage.

  2. We are direct mandate to Certified Financial Instrument providers in United Kingdom. Our providers engage in Lease and Purchase of Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN}, Loans and financial instruments issued from AAA Rated banks mainly HSBC London, Deutsche Bank AG Frankfurt and Barclays Bank. Our providers are very reliable, Ready, Willing and able to complete BG/SBLC between 10M-5B EURO/USD

    We will be glad to share our working procedures with you upon request to proceed towards establishing a successful business relationship. Feel free to contact below

    Skype: heywoodfinanceltd

    Leasing Price: 4%+1%
    Buying Price: 32%+2%
    Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.

    Henry Neville Moser

  3. Looking for a debt consolidation loan, unsecured loans, business loans, mortgage loans, car loans, student loans, personal loans, venture capital, etc! I am a private lender, I provide loans to companies and individuals with a low and reasonable interest rates of 2%. Email to:

  4. I have been casting spells for many years and I have helped many people, I might be able to help you too. I am honest, and I genuinely care for all the clients who choose me to cast a spell for them.

    If you have any questions about Love, Money, curse, protection, bad luck, divorce, court cases, or about me please call or email me. I really want you to feel comfortable before moving forward with any spells, or other services. I will take the time to explain things to you and provide you with honest advice, to what is best for your situation. I will not pressure you into having a spell cast, I will leave that decision up to you, and when or if you decide to move forward, I might be able to help you.
    I will respect your Privacy. I will not seek to obtain any of your personal information beyond what you might voluntarily offer and all information you might give me including emails, phone numbers and photos will remain private and confidential.
    I perform my Rituals only at night between the hours of 0.00 - 0.59 (South African time) lasting 1 hour but of course, this depends on the nature of the ritual, some rituals might take hours and can also become necessary to be performed at specials places like; flowing streams, cemeteries and other places dictated by the gods.
    I do not want anyone to be under any illusions about my spells and its numerous rituals. Real and effective Voodoo is no child's play, it is expensive because, after the rituals, I will have to destroy all the materials involved by fire and the ashes scattered over a flowing stream or river.
    You will get what you seek.But please understand this might take a lot of time and that individual results may vary. contact +27663492930,

    Herbal cure for Following DISEASES,this is not scam is 100% Real.

    -DIARRHEA and so on...