Elon Musk Tweets About the SEC (10.04.18)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 5 October 2018
⏱️ 4 minutes
🧾️ Download transcript
Summary
– After market close on Thursday, 10/4/18, Elon tweeted “Just want to that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!”
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The post Elon Musk Tweets About the SEC (10.04.18) appeared first on TechCast Daily.
Transcript
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| 0:00.0 | Hello and welcome to the Thursday October 4th |
| 0:09.8 | 2018 in 4.4% to $281.83. |
| 0:24.2 | The NASDAQ was a tough environment overall though, |
| 0:26.2 | so I don't think anyone should have been particularly looking for any reason for that |
| 0:30.3 | other than a tough macro environment. |
| 0:32.2 | Tesla's a high beta stock, |
| 0:33.5 | so the magnitude of its moves are going to be greater |
| 0:36.4 | than an index, certainly, and than most other stocks individually as well. |
| 0:40.7 | That being said, after hours were down another five dollars per share about 2% to |
| 0:45.0 | 276.50 the stock took a hit when shortly after market close Elon Musk |
| 0:50.1 | decided to tweet for some reason, |
| 0:52.6 | quote, just want to say that the Short Seller Enrichment |
| 0:55.3 | Commission is doing incredible work, |
| 0:57.5 | and the name change is so on point, end quote. |
| 1:00.3 | So Short Seller Enrichment Commission could obviously be abbreviated by SEC. |
| 1:06.0 | This is not an explicit podcast, but on days like today, I wish that it were, |
| 1:11.0 | because I have my own three letter abbreviation starts with WNs with |
| 1:15.2 | F there's a T in the middle because seriously what is there to gain by sending a |
| 1:20.5 | tweet like this out I have been a proponent of Elon Musk being able to |
| 1:24.8 | tweet, I think overall. In the past, it had been good for Tesla. But there's just no excuse for |
| 1:31.1 | sending a tweet like this out. It benefits nobody. It's harmful to the |
| 1:34.8 | people that are supporting you the most. You send out blog posts to employees |
... |
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