Lol! We’re at THAT stage of the $TSLAQ saga.— Mark B. Spiegel (@markbspiegel) August 22, 2019
VOLKSWAGEN DENIES REPORT SAYING CEO DIESS IS INTERESTED IN TESLA STAKE – SPOKESMAN— First Squawk (@FirstSquawk) August 22, 2019
Umm, no. VW is quite normal for an auto OEM. It has almost 20% gross margins in its vehicle operations (excluding finance), and 6% operating margins. pic.twitter.com/mYgo6CP4cd— Diogenes (@WallStCynic) August 23, 2019
The reason you shouldn’t buy $TSLA on M&A rumors is easy. The shareholder base is so moronic that it’d probably vote down a deal, even if VW were to pay a 20% premium ($264).— Sheep of Wall Street (@Biohazard3737) August 22, 2019
$TSLA These articles make me very secure about continuing to sell puts as the fan base and manipulators keep the stock elevated on hopes and misinformation. I am fairly certain there will be heavy demand for the stock even in bankruptcy. https://t.co/R5sb39TpLb— EnerTuition (@EnerTuition) August 22, 2019
This is the entire part of the article in Manager Magazin that is being twisted by the rest of the financial media such as Automotive News Europe & @Reuters to claim that VW is considering buying Tesla. A quote from “one of his top people”. (Note: translated) $TSLAQ pic.twitter.com/zUqJfAVleO— Paul Huettner, CFA (@Paul_M_Huettner) August 22, 2019
Only need to watch VW stock for your rumor credibility. pic.twitter.com/uJMYI3v358— Keubiko (@Keubiko) August 22, 2019
Lol. This German Manager article gunning $tsla pre-mkt on “takeover” 1)talks about German interest only after $tsla has failed, 2) has no sources, and 3) falsely says Germans were competing for Maxwell, which is wholly absent from background to the merger & wrong.— luis carruthers (@orthereaboot) August 22, 2019
Par for pump.
Hey guys,— Mark B. Spiegel (@markbspiegel) August 22, 2019
VW Group owns Porsche, and has access to all its engineering. The new Taycan has been universally praised as blowing away #Tesla on every single metric.
VW has ZERO need or desire to shell out $50B for the leapfrogged engineering of $TSLA and its massive liabilities.
“A banker close to VW said that while it is true Diess would love to have Tesla’s software developers, he believed it is almost impossible to justify paying $30B to buy the whole company.”— Mark B. Spiegel (@markbspiegel) August 22, 2019
NOTE: WITH $11B OF DEBT, $30B TOTAL FOR $TSLA WOULD BE $105/SHARE.
One thing that puzzles me about this VW-Tesla rumor:— Mark B. Spiegel (@markbspiegel) August 22, 2019
Why would VW need to hire $TSLA software developers who managed to fake the EPA range test by 90 miles when it has so much IN-HOUSE expertise in getting fraudulent results from government auto tests? It just doesn’t make sense!
VW might well be a buyer of assets, post-failure, and it’s not impossible that some discussions are happening behind the scenes. No way they’re a buyer at anything close to current prices, much less a premium.— John Rosevear (@john__rosevear) August 22, 2019
Given the turnover rate, Volkswagen won’t have to wait a long time to hire Tesla’s software developers.— Based Trader (@TraderBased) August 22, 2019
VW has $10s of billions in commitments and plant buildout for prismatic cells. Tesla’s battery management system designed for cylindrical is of little value IMO. What they’d get is a high cost plant, questionable (IMO) build quality, massive liability and an Elon-less brand. https://t.co/RxTgRL7pIi— Keubiko (@Keubiko) August 22, 2019
My take as of right now:— $TSLAQPodcast (@tslaqpodcast) August 22, 2019
This is a sad, sad attempt to drown out the news about the Walmart suit.
The Walmart suit is highly material. Tesla wants to distract from just how devastating the ramifications of the Walmart lawsuit will be.
How to trade this?
No clue whatsoever!!