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John Lounsbury
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John Lounsbury, Managing Editor and Co-founder of Global Economic Intersection, provides comprehensive financial planning and investment advisory services to a small number of families on a fee only basis. He has a background which includes 34 years with a major international corporation, 25... More
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  • Tesla's Elon Musk is Broke 6 comments
    May 30, 2010 12:01 AM
    If you want to read about how not to run a start up, Owen Thomas has this article at Business Insider SAI.

    Disclosure: No stocks mentioned.
    Themes: Tesla, Elon Musk
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  • Having worked as a consulting engineer across america and canada, I was amazed to discover there are actual bankruptcy experts, and the training ground is toronto ontario, the schemes are endless, some of the companies develop a high profile with increasing stock values through creative accounting and suddenly they go bankrupt, after a long history where expenses exceed incomes, Its always the same story, comparatively huge sums of money are dealt with, they larger portion of which dissappear into the bookeeping techniques of corrupt accountants, and into countries without extradition agreements or countries with different accounting liability laws. The last big one, sharper image went under, and since they were selling thousands of massage chairs a month I traced the company to toronto and under the guise of buying the remaining chairs, I was invited to visit their relocated endbusiness inventories. Never went, but after living in ottawa, toronto, and montreal, I am aware that elon came to america from south africa by way of toronto and comes from a jewish family, the key element in this environment
    6 Jun 2010, 09:43 PM Reply Like
  • time will expose this guy for the person he is, a world class mafia front, invests in existing companies, does the hostile takeover routine, expelling the founders, the designers, then claims the designs and company as his own, expenses are forever, greater than income, requiring investors, the newsmedia, puppets of the world class mafia are his front, that and his tremedous PR Stunts. The following will see failure. Tesla motors, google " electric cars " and make your own judgement. he will be unable to solicit billions required to startup, his extensive shoerooms the world over, and his continually flying around the world, combined with his time in toronto and montreal, create the probability of massive drug and or other illicit handling of illegality. All the companies he fronts have a past of hostile takeovers, there is a formula the montrealers, and torontonians use on the unsuspecting americans, who still believe in journalistic integrity, reading things published by wikipedia, who will print virtually anything as long as you pay them.

    the kerosene cyrogenic oxygen rockets, google the chronological timeline history. this guy designed nothing, he is a just another jewish fraud artist, using lawyers to cheat his way through the world, Plus there are a lot more people than published, his backers, and he is on something,

    what he did to his faithful spouse speaks for his lack of ethics and logic.

    My best guess is he can be traced to, hotel de la montagne in montreal, the hotel, or bordello of world class mafia.

    Invest or buy into his ploy and lose your money.

    Zip 2 preceeded paypay, he was fronted money for his bankruptcy game, from canada, the headquartersof criminality in north america. Obama funding him money, comes from the top 10 of the worlds most corrupt politicians.

    You can print anything on the internet. what you don't see are the statements of his ongoing losses
    20 Jun 2010, 06:22 AM Reply Like
  • Criticism is easy, art is difficult. And you, what have you done? What are you trying to do ? I really admire Elon Musk, he's a great inventor. Paypal was a true innovation in bringing security in transactions. I fell in love with his Tesla cars, coupĂ© and the new S. Why electric cars should be ugly like Toyota Prius ? Electricity is future ! Times are changing!
    The real mafia are the oil companies. Bravo British petroleum ! Look at Florida beachs now!
    Quality men like him should really be encouraged. If I could I would invest in Tesla motors. Dogs bark but caravan goes on, keep the good work Elon!
    1 Dec 2010, 03:07 AM Reply Like
  • Bark Bark Bark, there goes one.

    SUP are you involved in elons investment team, the never ending struggle to get more cash for DAVOS before the end, which will be when barry disappears. If you investigated tesla, you will find nothing to brag about, paypal, security in transactions, invented again by WHOM ?

    You are probably reading the paid for add in wikipedia about elon musk, philanthropist, who after He brought the new girlfriend home to his spouse and children, the spouse and children left home, seeing him in court, where it was discovered the philanthropist was broke, incidently, His promise to pay back all the deposits personally, from HIS vast fortune after he sold HIS paypal, which HE invented ? You've got a computer, google, the transaction history of Zip-2, and paypal. Now do the same thing about tesla motors, and while your at it spacex.

    Then put down the simple truth about bankruptcy experts, hostile takeovers, and the eventual disappearing acts, of elon and barrys methodology of stealing money.

    Barry tookover GMC, the pension funds of white collar employees and original shareholders money disappeared in the act, a few months later GMC paid back the loan. The same would have happened in bankruptcy court, only the shareholders, and pensioners would have been protected Where the money went ?
    1 Dec 2010, 08:54 AM Reply Like
  • Its interesting to note when I tried to reply to your comment, I was asked for personal data, yet you gave no personal data to seeking alpha.

    You have no history, no photo, no personal data, and in your liftime, on the internet as julian dichter, you have made one comment, the one on this post.

    seeking alpha ? ? ?. I will not fail to keep julian dichters i p address for future reference, post for tracing if required.
    1 Dec 2010, 09:14 AM Reply Like
  • SUP Julian, did you actually research elon, ? Is that whey you fail to respond ?

    You may be onto something about the caravan thing.

    I hope you watched the billion dollar obama cheesy launch by elon, the 60's revisited in a phony publication of privatizing NASA's efforts to explore space, orchestrated by bolden the new NASA czar instead of qualified scientific management teams---its on a parallel with appointing gates to oversee the US Military, a man without military experience, committing sodomy on the US Christian based military, while beginning START, or disarming our services in the face of a hostile world arming up against us.
    The Oct Elections are promising, to save us, from the negative change, of obanomics, but will it be too little, too late ?


    Bark Bark
    7 Feb 2011, 02:35 AM Reply Like
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