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A comment on Tesla sues its alleged saboteur for $167M.

Re:Tesla sues its alleged saboteur for $167M by Simulacra on Wednesday December 12, 2018 @12:39PM (#18665892)
I don't think it's an unrealistic number. The guy hacked the system and downloaded information, distributing that which caused the stock price to dip. Tesla has a definitive loss. What that exact number is could be up to debate, but just because the defendant is a person instead of a company does not diminish the level of damage done to Tesla.
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Re:Tesla sues its alleged saboteur for $167M by bildung on Wednesday December 12, 2018 @01:09PM (#18666188)
> distributing that which caused the stock price to dip. Tesla has a definitive loss.

How did a stock price dip cause a loss to Tesla?

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Re:Tesla sues its alleged saboteur for $167M by thebluehawk on Wednesday December 12, 2018 @01:23PM (#18666315)
For starters, it affects how easily they could raise cash by borrowing money, during a time when they desperately needed capitol.
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Re:Tesla sues its alleged saboteur for $167M by microtherion on Wednesday December 12, 2018 @02:09PM (#18666764)
The problem with that legal theory is that Musk insisted at that time that Tesla did NOT plan to raise capital: https://www.cnbc.com/2018/05/02/tesla-ceo-elon-musk-continue...
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Re:Tesla sues its alleged saboteur for $167M by DSingularity on Wednesday December 12, 2018 @02:22PM (#18666879)
Perhaps that was decided because it was costly?
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Re:Tesla sues its alleged saboteur for $167M by eduah on Wednesday December 12, 2018 @04:42PM (#18668007)
Saying you do not plan to do something, does not mean that you won't change your mind if circumstances change in the future
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Re:Tesla sues its alleged saboteur for $167M by blueboo on Wednesday December 12, 2018 @05:36PM (#18668339)
so for starters it's some unquantifiable handwavey opportunity cost
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Re:Tesla sues its alleged saboteur for $167M by cbanek on Wednesday December 12, 2018 @06:33PM (#18668647)
Tesla also have some convertible bonds out there that can be converted to stock if the stock price is above a certain number, but otherwise I think Tesla has to pay it back in cash.

https://www.cnbc.com/2018/08/08/elon-musks-tesla-stock-boost...

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Re:Tesla sues its alleged saboteur for $167M by onetimemanytime on Wednesday December 12, 2018 @01:23PM (#18666317)
Stock price caused Tesla be valued less. Bonds, stock options, add more collateral to cover loans, sold to cover loans....?

But apparently Tesla was valued less because of these actions at that time.

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Re:Tesla sues its alleged saboteur for $167M by blueboo on Wednesday December 12, 2018 @05:38PM (#18668352)
the loss of...being exposed for deceiving its shareholders

the level of damage done shall not be diminished, folks

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Re:Tesla sues its alleged saboteur for $167M by eduah on Thursday December 13, 2018 @03:16AM (#18670687)
FYI, his whistle blower case has fallen apart and he is now having to represent himself on that since his lawyers have abandoned him on that
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Re:Tesla sues its alleged saboteur for $167M by eduah on Thursday December 13, 2018 @05:36AM (#18671295)
> Tripp was represented by Meissner Associates in the whistleblower matter earlier, but is now representing himself, attorney Stuart Meissner told CNBC.

https://www.cnbc.com/2018/12/11/tesla-seeks-167-million-in-d...

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Re:Tesla sues its alleged saboteur for $167M by rtkwe on Wednesday December 12, 2018 @04:54PM (#18668081)
Is saboteur really the right word for that though? Maybe it's just the association I've made but that to me denotes something much more active and directly damaging than just leaking damaging information.
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Re:Tesla sues its alleged saboteur for $167M by eduah on Thursday December 13, 2018 @03:15AM (#18670679)
That's literally the accusation, that he doctored information he then gave to jurnalist to harm the company
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Re:Tesla sues its alleged saboteur for $167M by rtkwe on Thursday December 13, 2018 @09:27AM (#18672477)
Not what I meant, I mean actually damaging something not just reputation or stock price. Even just deleting some critical file that had to be restored from a backup but just releasing information about the company doesn't fit my mental model of sabotage.
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