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MarketFoolery

Coffee Drones & Stock Splits

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 27 August 2018

⏱️ 24 minutes

🧾️ Download transcript

Summary

Tesla decides to remain public. What fallout, if any, awaits Elon Musk? Motley Fool Asset Management’s Bill Barker analyzes the potential for shareholder lawsuits. We dip into the Fool Mailbag to discuss stock splits and investing in children’s entertainment. Plus, IBM now holds the patent on coffee drones!

Transcript

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0:00.0

It's Monday, August 27th.

0:03.5

Welcome to Market Foolry.

0:04.6

I'm Chris Hill joining me in studio for Motley Full Asset Management, Bill Barker.

0:08.6

Happy Monday.

0:09.9

Thank you.

0:11.0

Thanks for being here. This could be back.

0:14.0

We're going to dip into the full mail bag.

0:17.0

We're going to talk about the story that we need to talk about, which is of course coffee

0:22.3

drones and IBM's attempt to, well, we'll get to that

0:26.8

in a second.

0:27.8

We got to start with Tesla, though.

0:28.8

We got to start with the story that broke late on Friday night when Elon Musk in a blog post on Tesla's website

0:38.0

explained yeah we're gonna stay private there I mean we're gonna stay public we're gonna to stay public.

0:43.0

We're going to stay public because even though we've got the money, we could go private,

0:49.0

but investors want us to stay public.

0:55.0

Yes.

0:56.0

Let me just as charitably as I can say that the timing of this make it it doesn't help it doesn't help the

1:06.6

optics the optics were which already weren't all that great to begin with for

1:11.8

Tesla and it's specifically for Elon Musk

1:14.8

starting on August 7th with the funding secured tweet from then until close

1:20.0

to midnight on Friday sneaking this out.

1:26.0

The timing being after the close on Friday.

...

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