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Comment Mostly hot air at this point (Score 4, Informative) 155

by fozzy1015 (#58407372) Attached to: Fiat Chrysler Will Pay Tesla To Dodge Billions In Emissions Fines
The pool was setup over a month ago. The timing of the announcement now amounts to a stock pump given the incredibly weak Q1 delivery numbers. It's all speculation at this point how much money these credits will net them, and it's not like they're going to be the only player. Many Chinese companies are going to be selling BEVs starting next year. $1 - $500M, over the course of 3 years, with very little credits needed to be bought this year. At most, FCA may have given Tesla some money immediately as a call, in the tens of millions, but if something like this has happened, where is the 8K that should be filed to show this? At most it may have helped payroll for a week, but does nothing to alleviate Tesla's immediate, existential threats.
Education

Kenya Will Start Teaching Chinese To Elementary School Students From 2020 (qz.com) 161

Posted by msmash from the up-next dept.
Kenya will teach Mandarin in classrooms in a bid to improve job competitiveness and facilitate better trade and connection with China. From a report: The country's curriculum development institute (KICD) has said the design and scope of the mandarin syllabus have been completed and will be rolled out in 2020. Primary school pupils from grade four (aged 10) and onwards will be able to take the course, the head of the agency Julius Jwan told Xinhua news agency. Jwan said the language is being introduced given Mandarin's growing global rise, and the deepening political and economic connections between Kenya and China.

"The place of China in the world economy has also grown to be so strong that Kenya stands to benefit if its citizens can understand Mandarin," Jwan noted. Kenya follows in the footsteps of South Africa which began teaching the language in schools in 2014 and Uganda which is planning mandatory Mandarin lessons for high school students.

Comment It's odd (Score 2, Insightful) 55

by fozzy1015 (#57623724) Attached to: Tesla Worker Charged With Embezzling More Than $9 Million
So far, no indication of how he benefitted from the embezzling. He didn't steal money from accounts and run. His behavior has been as if he didn't think he was hurting Tesla. His accounts were removed today but his social media posts showed he was a big drinker of the Tesla kool aid. There's a good chance this scheme went higher than him.

Comment Re:blind item at CDAN (Score 0) 101

Yes, I always get my news from "CrazyDaysAndNights.net". It's almost as good as "www.geocities.comm.cz:8081/~globalpatriot/TeslaTruthNews"

Funny thing is, this person was the first to call out that Weinstein was finally going to get busted for being a serial rapist and that Solena Gomez has a substance abuse issue. The guy has true cred. Especially compared to you. The cock gobbling you did to cover for Elon's 420 tweets and the Saudis coming to his rescue are still worth reading over for a chuckle. Have you ever been right about anything?

Comment Just another fraud (Score 0) 101

The feds finally told Musk to stop selling snake oil. Let's see how well the people who got scammed by FSD will do getting their refunds as unsecured creditors during bankruptcy. They'll have to get in line with the others who never will have gotten their Model 3 refunds. And even those poor sods who paid for their car in full and have yet to receive it.

So many different interests will feel screwed when Tesla implodes. I fear the biggest fallout will be the damage done to the true environmentally sustainable movements in this country. Solyndra was a drop in the bucket compared what's coming.

Comment There's another outstanding SEC investigation (Score 3, Insightful) 147

What people forget is that before the '420 tweet' investigation was announced, there was already an open investigation into Musk's Model 3 production promises. And don't forget the DoJ has an open investigation. If the issues with the feds were settled then why the rant and why now hire a law firm that specializes in defending its clients from fraud? https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.bloomberg.com%2Fnews...
Science

Plan To Build a Genetic Noah's Ark Includes a Staggering 66,000 Species (gizmodo.com) 78

Posted by BeauHD from the that's-a-lot-of-animals dept.
An anonymous reader quotes a report from Gizmodo: An international consortium involving over 50 institutions has announced an ambitious project to assemble high-quality genome sequences of all 66,000 vertebrate species on Earth, including all mammals, birds, reptiles, amphibians, and fish. With an estimated total cost of $600 million dollars, it's a project of biblical proportions. It's called the Vertebrate Genomes Project (VGP), and it's being organized by a consortium called Genome 10K, or G10K. As its name implies, this group had initially planned to sequence the genomes of at least 10,000 vertebrate species, but now, owing to tremendous advances and cost reductions in gene sequencing technologies, G10K has decided to up the ante, aiming to sequence both a male and female individual from each of the approximately 66,000 vertebrate species on Earth. Cofounders of the project announced the new goal yesterday at a press briefing held during the opening session of the 2018 Genome 10K conference, currently being held at Rockefeller University in New York City. The project will involve over 150 experts from 50 institutions in 12 countries.

Comment Musk or board members will resign from Tesla (Score 1) 215

by fozzy1015 (#57192776) Attached to: Elon Musk Says Investors Convinced Him Tesla Should Stay Public
One or the other is going to happen and I believe it's going to be the former. Securities fraud charges are coming to Musk and he's going to "take a leave of absence" even though the press release makes it seem like the board is behind him. Musk wanted to keep this "going private" charade alive but the board finally grew a pair and made him it shut it down.

Comment Saudis decided to go with rival Lucid (Score 1) 329

https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.reuters.com%2Farticl...

The smart ones who owned TSLA got out at $380. Musk pulled the entire "go private" thing out of his ass and opened the company to potentially billions in liability. All for a short uptick in share price. This will go down in history as the most self-destructive tweet ever. Tesla was already a ticking time bomb but Musk's obsession with short sellers, his narcissism, and a healthy mix of drugs, resulted in the equivalent of him pulling the wrong wire, causing the clock to reset downward to 10 seconds.

Musk's disciples should have seen the event as a sacrifice by their Jesus so they could have gotten out at a price close to an all time high, yet I bet some are going to ride it all the way down to zero.

Comment If was a shareholder (Score 1) 216

by fozzy1015 (#57113494) Attached to: Saudi Fund in Talks to Invest in Tesla Buyout Deal, Report Says
Obviously negotiations are starting, no deal is finalized. $420 a share is the opening offer by the seller. It's capped. And Musk hurt his offer by potentially adding billions in liability costs to it. If you think shares are worth more than $420 you're saying PT Barnum doesn't value his own company enough. That's crazy. If I was a stock holder I'd dump it given how limited the upside is and how terrible the company's finances are.

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