Would you buy a car from a man named Elon?
Admittedly, not even Henry Ford could have envisioned Elon Musk’s latest PR stunt. With the current stock price of Musk’s Tesla company in the midst of yet another embarrassing nosedive, Elon Musk – the 21st century P.T. Barnum – apparently decided the only way he could bolster the plummeting confidence of investors rather than going back to the unforgiving bond market was to pull a stunt of cosmic proportions. With the help of Chroma Key and CGI, Musk and Space X have made it appear as if the Tesla car has been literally launched into outer space.
Not surprisingly, America and the world believes it!
Well, everyone except the discerning and loyal readers of Newsspellcom.org, that is.
Although one has published a series of installments on America’s hallowed space agency, NASA, one has left well enough alone when it comes to its so-called competition: private ‘space exploration’ company Space X and its heralded cult leader Elon Musk. However, with the latest ‘space adventure’ marketed by Musk and Space X, one felt compelled to finally attempt a probing examination.
Whether or not there exist those invariably worshiping at the altar of America’s latest heralded entrepreneur who shall no doubt dismiss the following findings out of hand, one’s preliminary probe into the dubious business model of Elon Musk’s electric powered Tesla automobile enterprise proved to be quite revealing.
Not only does there exist evidence of stock price fixing and market rigging, but also circumstantial and perhaps empirical evidence there may be significant collusion between Musk’s Tesla Motors, and the US government.
After observing the supporting evidence, loyal readers will no doubt wonder why the SEC has turned a blind eye to what appears to be deliberate and felonious criminality. Could it be, the Security and Exchange Commission is in on the game being played with Tesla, and could be colluding with the alleged criminal parties?
The following expose shall attempt to probe what appears to be a criminal syndicate operating in plain public sight, and with the implicit blessing of the US government in speculative collusion with an alleged private company and its heralded guru, Elon Musk.
Space X arrived into the public consciousness and soon began marketing itself as a space exploration alternative to NASA. But a glimpse beneath the sparkling surface of the marketing glitz and one discovers – by way of comparison and contrast – virtually no difference between the business models of both Space X and NASA. In truth, comparing Space X and NASA appears to be no different than those inane comparisons between Coke and Pepsi – that is to say, contrary to superficial appearances there exist no discernable distinguishing features, save one: Space X is marketed as a private company.
In fact folks, though Space X may have been seeded by private funds, its continued financial maintenance turns out to be a steady influx of siphoned US tax dollars. In truth, like NASA, Space X and it’s continued growth are funded with public tax payer money. Elon Musk’s Tesla Motors, on the other hand, does produce a quarterly stock report, one that can be regularly accessed and analyzed.
And folks, from merely cursory examination of such reports, one doesn’t need to possess an MBA from Harvard’s School of Business Administration to conclude something may indeed be amiss. Preliminary research has determined the NASDAC listed stock price of Tesla motors, a publicly traded company which manufactures and markets Elon Musk’s electric powered automobiles has been artificially manipulated. There are strong indications Tesla Motors may be just another brass plated pyramid scheme similar to the financial boondoggle involving Solyndra, a solar panel manufacturing company seeded by a substantial grant from the US Department of Energy prior to 2012. While the mainstream media may have continually trumpeted the company was turning a profit, alas, it turned out Solyndra was good at manufacturing losses for its considerable number of investors, especially those not on the inside of the deal. In truth, like Tesla, Solyndra failed to consistently deliver a product producing any significant market demand.
In other words folks, like Solyndra, Tesla Motors may be all sizzle without the steak.
The deal turned out to be that Solyndra was merely a pump and dump pyramid scheme of massive proportions. Although the stock was rated as AAA because seed money was provided by a US government source, investors were bilked to the tune of millions, and yet the company failed to produce significant earnings in each quarter, nor did it meet its touted target production figures.
The identical trend seems to be the case when it comes to Musk’s Tesla Motors. But beyond that, one harbors a significant number of questions about the cult of personality surrounding Elon ‘the lemon salesman’ Musk. However, one shall get to that later in the next installment. And believe this folks, Elon Musk is not who he claims to be. For now, one shall center on the dubious business practices and overall business model of Tesla Motors, which by the way, has failed to produce a discernable profit in any quarter for as long as the company has been in operation. And yet, Tesla’s guru cult leader Musk continues to be heralded by the media sorcerers as a “next level genius.”
Tesla selling lemons?
What does one mean exactly when it is stated Tesla’s business model may be dubious?
Well, allow one to produce a singularly demonstrative statistic: Tesla is currently trading at 6.8 times what has been reported in comparison to overall revenues, while on average, car manufacturers such as Mitsubishi or General Motors trade at 0.9 times overall revenues. How can this be considering Tesla’s revenues have not once been reported in the black, and has in fact, for its entire duration been operating at a loss?
Perhaps more dubiously, Tesla has seen fit not to enforce any of its own intellectual property and patents. One may ask why this would be so, considering other legitimately operated automobile manufacturers take great pains to protect the patents developed by their teams of engineers. A plausible answer may be that the volume of patents issued under Tesla’s intellectual property are far less in number than those competing in the same product market such as Toyota, Mitsubishi, and Hundai. These companies, while producing electric based automotive products similar to Tesla, have generated greater demand and dominated far greater market share over a longer span of time.
Worse yet, the electric automobile product lines produced by Tesla, unlike those of its major competitors, have proved to possess no resale value. Additionally, Tesla’s high trading multiple places it, according to a report issued by Devonshire Research Group, LLC (See: http://m.marketwired.com/press-release/devonshire-research-group-announces-issu…), “among industries relying on speculative future windfalls.” Perhaps even more curious, there is empirical evidence Tesla is using funds derived from preorders to fund the manufacturing costs of its production lines.
In other words, folks, Tesla and its cult leader Elon Musk make grandiose promises but never really deliver real world results. In essence, a constant influx of government subsidies and mainstream media hype have created an enormous artificial stock bubble that at some point going forward must inevitably burst. One supposes when a company such as Tesla can go to the government money trough whenever it needs subsidizing operating capital, Musk will continue to feel confident in wowing prospective investors with his three ringed circus of smoke and mirrors. Is this yet another nefarious example of Enron all over again?
The implications are clear; stock prices related to Tesla Motors may be manipulated and perhaps even manufactured to attract prospective investors to drive stock numbers to even greater heights. But with significant government subsidies propping up Musk and his company, this is also a strong indication felonious collusion may exist between the SEC, Tesla Motors, and perhaps even the US government. Regarding Tesla’s rather small group of major investors – of which Musk himself appears to be the largest shareholder – most have begun to back out due to Tesla’s lack of market demand and for its failure to meet targeted production schedules. And yet, one detects the chirping of crickets from the mainstream media sorcerers. More telling still, there have been reports Musk recently sold significant Tesla stock holdings and gave the proceeds to charity. Only then did the mainstream media sorcerers decide to chime in, accentuating the fact Musk cares more for helping his fellow man than for making profits. And while one is certain his remaining stock holders will become overjoyed to have heard such news, one also wonders the negative public perceptions resulting if the CEO of Apple decided to dump his controlling measures of stock?
In light of these documented facts, a question looms: Why does Elon Musk seem so bulletproof from mainstream media scrutiny? Who truly lurks behind the mask of this cult of personality?
Thinning of the American middle-class
Upon examining the nature of Tesla’s rather dubious and possibly felonious business model, one harks back to the dot/com bubbles of the 1990’s, the aforementioned Solyndra scandal, and more recently the housing market scam that sprang up in late 2008. There is no question the ruling elite Jesuit families are bleeding America dry and transporting their business interests overseas to markets in Asia where the plethora of cheap human resources facilitate the building of greater economies of scale at a much brisker pace. Considering Tesla and all other Ponzi schemes proliferated in the past seemed to target the middle-class investor demographic, could it be these financial schemes were deliberately engineered as part of the ruling elite’s overall agenda in eliminating the American middle-class – to bring America down to third world status before finally unveiling the reality of their New World Order from behind the curtain of national security?
Is Elon Musk merely another puppet playing a role in the ruling elite’s global Punch and Judy theater?
Could it be Musk’s Space X has been deliberately set up for a fall to bolster flagging public perceptions concerning NASA?
Stay tuned for part II folks, this promises to be most revealing!