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Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman - Car Talk (2) - Nairaland

Nairaland ForumNairaland GeneralCar TalkElon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman (13366 Views)

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Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by CoolAmbience(m): 8:13am On Sep 30, 2018
franchasng:
When you hear Americans saying their last presidential election was rigged, don't confuse it with your own type of brazen rigging as seen in Ekiti and Osun elections.

What they meant is some social media promotion firms from Russia created image lifting videos and campaigns to favor Donald Trump and to tarnish Hillary Clinton by exposing Hillary's past dark political secrets to make Americans dislike Hillary and prefer Trump. So they used Facebook more to push these messages to more American voters which made them to vote more for Trump, not as if it was rigged by changing figures like APC did in Ekiti and Osun.

Now back to Dangote, Dangote is the luckiest Nigerian alive and that's why he stay off contesting any political posts cos he knows past heads of states and presidents will expose him and kill his empire.

Dangote is not a self made billionaire. Dangote got his first business startup money from his billionaire uncle Alhj. Dantata + business connections and political connections from his father, uncles, etc. How many Nigerians had such opportunityhuh If many Nigerians here have someone to give them just 5million to startup a business or fund their ideas, many will become richer in few years to come.

Dangote is the looting pipe and front for majority of past Nigerian heads of state excluding:

1. Abacha
2. Yaradua
3. Goodluck

Dangote gets a lot of tax and FOREX waivers running into billions while other competitors don't get! The FOREX waivers Dangote gets alone can make any mad man a very rich person angry

Let me explain the FOREX waiver Dangote gets to you.

If dollar is 365 naira in black market, and CBN is selling dollar at 310 naira. Federal Government will issue Dangote a FOREX waiver to obtain dollar from CBN at official rate of 310 naira to encourage him so he can employ more. Dangote will buy this dollar and move it outside Nigeria and round trip to make billions.

That alone is a multi billion dollar business that made Aisha Buhari and many top APC chieftains billionaires in 2015/2016 when dollar shot up to 500naira = $1.

They will get waiver from CBN to buy $ at official rate of say 310nairs = $1 and they go to black marker to sell it for 480naira = $1, now check how much they will make selling like $50millionhuh

Dangote gets monopoly while his competitors gets shutdown. Obasanjo did it for him as against IBETO!

Dangote and Otedola used to be sworn secret enemies due to his cousin Rahamania Oil issue with Otedola, what rescued Otedola is Goodluck that brought him back from Ghana as soon as he became president because Otedola used to respect him even while he was VP.

They wanted to kill Otedola, they slapped him with several fines and charges running into billions, Goodluck waived all that but still mumu Yorubas hate Goodluck even after all the favor he also gave to their god Tinubu's OANDO oil but just because Tinubu wanted him to give his relative minister of petroleum job which he didn't, he turned against him. Nature will humble Tinubu sha, soon!

So stop over hyping Dangote cos he did nothing special to become the political business billionaire he is today. When u talk about self made billionaires, u talk about the man in topic of discussion that brought us here in the first place
Lengthy but makes no sense to me.

Slander isn't the same as rigging. Are you saying that Americans do not know the difference between the two words?

Dangote isn't the only person benefiting from the Nigerian system, how much have the others given back? Besides, most of the stuff you wrote here are nothing but tittle tattle.

Tell me the country where there aren't a few persons who are enjoying some kind of business privileges in compensation for their contributions to the economy...??
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by uwajeh(m): 8:16am On Sep 30, 2018
It's 20 million dollars not 40 million dollars.
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by bigmo1(m): 8:17am On Sep 30, 2018
franchasng:
When you hear Americans saying their last presidential election was rigged, don't confuse it with your own type of brazen rigging as seen in Ekiti and Osun elections.

What they meant is some social media promotion firms from Russia created image lifting videos and campaigns to favor Donald Trump and to tarnish Hillary Clinton by exposing Hillary's past dark political secrets to make Americans dislike Hillary and prefer Trump. So they used Facebook more to push these messages to more American voters which made them to vote more for Trump, not as if it was rigged by changing figures like APC did in Ekiti and Osun.

Now back to Dangote, Dangote is the luckiest Nigerian alive and that's why he stay off contesting any political posts cos he knows past heads of states and presidents will expose him and kill his empire.

Dangote is not a self made billionaire. Dangote got his first business startup money from his billionaire uncle Alhj. Dantata + business connections and political connections from his father, uncles, etc. How many Nigerians had such opportunityhuh If many Nigerians here have someone to give them just 5million to startup a business or fund their ideas, many will become richer in few years to come.

Dangote is the looting pipe and front for majority of past Nigerian heads of state excluding:

1. Abacha
2. Yaradua
3. Goodluck

Dangote gets a lot of tax and FOREX waivers running into billions while other competitors don't get! The FOREX waivers Dangote gets alone can make any mad man a very rich person angry

Let me explain the FOREX waiver Dangote gets to you.

If dollar is 365 naira in black market, and CBN is selling dollar at 310 naira. Federal Government will issue Dangote a FOREX waiver to obtain dollar from CBN at official rate of 310 naira to encourage him so he can employ more. Dangote will buy this dollar and move it outside Nigeria and round trip to make billions.

That alone is a multi billion dollar business that made Aisha Buhari and many top APC chieftains billionaires in 2015/2016 when dollar shot up to 500naira = $1.

They will get waiver from CBN to buy $ at official rate of say 310nairs = $1 and they go to black marker to sell it for 480naira = $1, now check how much they will make selling like $50millionhuh

Dangote gets monopoly while his competitors gets shutdown. Obasanjo did it for him as against IBETO!

Dangote and Otedola used to be sworn secret enemies due to his cousin Rahamania Oil issue with Otedola, what rescued Otedola is Goodluck that brought him back from Ghana as soon as he became president because Otedola used to respect him even while he was VP.

They wanted to kill Otedola, they slapped him with several fines and charges running into billions, Goodluck waived all that but still mumu Yorubas hate Goodluck even after all the favor he also gave to their god Tinubu's OANDO oil but just because Tinubu wanted him to give his relative minister of petroleum job which he didn't, he turned against him. Nature will humble Tinubu sha, soon!

So stop over hyping Dangote cos he did nothing special to become the political business billionaire he is today. When u talk about self made billionaires, u talk about the man in topic of discussion that brought us here in the first place
Russian hacks goes way beyond facebook. Election systems in over 20 states were hacked. The DNC and it's top members were also hacked.
You claim Dangote did nothing special to become who he is. Ain't that funny. If it is that easy, go and be a billionaire too. Every successful person has to play dirty one way or the other. Go and read the stories of Bill Gates, Steve job, Jeff bezos and even Zuckerberg. They all played dirty to get to the top and are still playing dirty to remain there.
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by franchasng: 8:17am On Sep 30, 2018
lloyds:
Several things you said are right, but there were figure manipulation in the American process also, and a lot of people esp. Russians created fake profiles on social media platforms to involve and twist the process.

Yes, there is high level thoroughness and tact in the process unlike what we have here in Nigeria.
Yes some Russians created profiles they used in promoting Trump and tarnishing Hillary, but everything they said about Hillary was true.

They didn't manipulate election votes, its not possible. They only manipulated Americans' emotion to vote otherwise through highly targeted social media campaigns and information hacking on Facebook to push personalised extreme political campaign messages to American voters
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by ehissi(m): 8:18am On Sep 30, 2018
GavelSlam:
Slap on the wrist.
Trust me, tesla is now as good as dead......... undecided

Tesla without Musk is like Apple without Jobs (that while he was still alive).

Its not a slap on the wrist, it more like chopping off the hand........

















































From the wrist................. angry
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by franchasng: 8:21am On Sep 30, 2018
bigmo1:
Russian hacks goes way beyond facebook. Election systems in over 20 states were hacked. The DNC and it's top members were also hacked.
You claim Dangote did nothing special to become who he is. Ain't that funny. If it is that easy, go and be a billionaire too. Every successful person has to play dirty one way or the other. Go and read the stories of Bill Gates, Steve job, Jeff bezos and even Zuckerberg. They all played dirty to get to the top and are still playing dirty to remain there.
tell me the special thing Dangote did to raise his first business startup capitalhuh

Now compare it to how Elon Musk, Bill Gates, Larry Page, Sagel Brim, Jeff Bezos, Mark Zuckerberg, etc raised their business startup capital.

Dangote did nothing special. He only managed what his family handed over to him well, that's all
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by bigmo1(m): 8:21am On Sep 30, 2018
CoolAmbience:
Lengthy but makes no sense to me.

Slander isn't the same as rigging. Are you saying that Americans do not know the difference between the two words?

Dangote isn't the only person benefiting from the Nigerian system, how much have the others given back? Besides, most of the stuff you wrote here are nothing but tittle tattle.

Tell me the country where there aren't a few persons who are enjoying some kind of business privileges in compensation for their contributions to the economy...??
Even musk was trying to play dirty by lying in his tweet about fake investors and that clown thinks Dangote has done nothing special to become a billionaire.
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by deleo16(m): 8:24am On Sep 30, 2018
franchasng:
When you hear Americans saying their last presidential election was rigged, don't confuse it with your own type of brazen rigging as seen in Ekiti and Osun elections.

What they meant is some social media promotion firms from Russia created image lifting videos and campaigns to favor Donald Trump and to tarnish Hillary Clinton by exposing Hillary's past dark political secrets to make Americans dislike Hillary and prefer Trump. So they used Facebook more to push these messages to more American voters which made them to vote more for Trump, not as if it was rigged by changing figures like APC did in Ekiti and Osun.

Now back to Dangote, Dangote is the luckiest Nigerian alive and that's why he stay off contesting any political posts cos he knows past heads of states and presidents will expose him and kill his empire.

Dangote is not a self made billionaire. Dangote got his first business startup money from his billionaire uncle Alhj. Dantata + business connections and political connections from his father, uncles, etc. How many Nigerians had such opportunityhuh If many Nigerians here have someone to give them just 5million to startup a business or fund their ideas, many will become richer in few years to come.

Dangote is the looting pipe and front for majority of past Nigerian heads of state excluding:

1. Abacha
2. Yaradua
3. Goodluck

Dangote gets a lot of tax and FOREX waivers running into billions while other competitors don't get! The FOREX waivers Dangote gets alone can make any mad man a very rich person angry

Let me explain the FOREX waiver Dangote gets to you.

If dollar is 365 naira in black market, and CBN is selling dollar at 310 naira. Federal Government will issue Dangote a FOREX waiver to obtain dollar from CBN at official rate of 310 naira to encourage him so he can employ more. Dangote will buy this dollar and move it outside Nigeria and round trip to make billions.

That alone is a multi billion dollar business that made Aisha Buhari and many top APC chieftains billionaires in 2015/2016 when dollar shot up to 500naira = $1.

They will get waiver from CBN to buy $ at official rate of say 310nairs = $1 and they go to black marker to sell it for 480naira = $1, now check how much they will make selling like $50millionhuh

Dangote gets monopoly while his competitors gets shutdown. Obasanjo did it for him as against IBETO!

Dangote and Otedola used to be sworn secret enemies due to his cousin Rahamania Oil issue with Otedola, what rescued Otedola is Goodluck that brought him back from Ghana as soon as he became president because Otedola used to respect him even while he was VP.

They wanted to kill Otedola, they slapped him with several fines and charges running into billions, Goodluck waived all that but still mumu Yorubas hate Goodluck even after all the favor he also gave to their god Tinubu's OANDO oil but just because Tinubu wanted him to give his relative minister of petroleum job which he didn't, he turned against him. Nature will humble Tinubu sha, soon!

So stop over hyping Dangote cos he did nothing special to become the political business billionaire he is today. When u talk about self made billionaires, u talk about the man in topic of discussion that brought us here in the first place
bros u have said it all it reminds me of political elites in why nation fail book

Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by franchasng: 8:25am On Sep 30, 2018
CoolAmbience:
Lengthy but makes no sense to me.

Slander isn't the same as rigging. Are you saying that Americans do not know the difference between the two words?

Dangote isn't the only person benefiting from the Nigerian system, how much have the others given back? Besides, most of the stuff you wrote here are nothing but tittle tattle.

Tell me the country where there aren't a few persons who are enjoying some kind of business privileges in compensation for their contributions to the economy...??
Let's leave American election for Americans to sort out.

As for Dangote and his political business wealth, it doesn't move people in the know of his shenanigans like me.

I know more about Dangote's shenanigans than u.

When I see Dangote and Otedola now forming best friends, I smile lol

If you know, you know, let's leave matter bra cool
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by Igboeze90: 8:26am On Sep 30, 2018
franchasng:
When you hear Americans saying their last presidential election was rigged, don't confuse it with your own type of brazen rigging as seen in Ekiti and Osun elections.

What they meant is some social media promotion firms from Russia created image lifting videos and campaigns to favor Donald Trump and to tarnish Hillary Clinton by exposing Hillary's past dark political secrets to make Americans dislike Hillary and prefer Trump. So they used Facebook more to push these messages to more American voters which made them to vote more for Trump, not as if it was rigged by changing figures like APC did in Ekiti and Osun.

Now back to Dangote, Dangote is the luckiest Nigerian alive and that's why he stay off contesting any political posts cos he knows past heads of states and presidents will expose him and kill his empire.

Dangote is not a self made billionaire. Dangote got his first business startup money from his billionaire uncle Alhj. Dantata + business connections and political connections from his father, uncles, etc. How many Nigerians had such opportunityhuh If many Nigerians here have someone to give them just 5million to startup a business or fund their ideas, many will become richer in few years to come.

Dangote is the looting pipe and front for majority of past Nigerian heads of state excluding:

1. Abacha
2. Yaradua
3. Goodluck

Dangote gets a lot of tax and FOREX waivers running into billions while other competitors don't get! The FOREX waivers Dangote gets alone can make any mad man a very rich person angry

Let me explain the FOREX waiver Dangote gets to you.

If dollar is 365 naira in black market, and CBN is selling dollar at 310 naira. Federal Government will issue Dangote a FOREX waiver to obtain dollar from CBN at official rate of 310 naira to encourage him so he can employ more. Dangote will buy this dollar and move it outside Nigeria and round trip to make billions.

That alone is a multi billion dollar business that made Aisha Buhari and many top APC chieftains billionaires in 2015/2016 when dollar shot up to 500naira = $1.

They will get waiver from CBN to buy $ at official rate of say 310nairs = $1 and they go to black marker to sell it for 480naira = $1, now check how much they will make selling like $50millionhuh

Dangote gets monopoly while his competitors gets shutdown. Obasanjo did it for him as against IBETO!

Dangote and Otedola used to be sworn secret enemies due to his cousin Rahamania Oil issue with Otedola, what rescued Otedola is Goodluck that brought him back from Ghana as soon as he became president because Otedola used to respect him even while he was VP.

They wanted to kill Otedola, they slapped him with several fines and charges running into billions, Goodluck waived all that but still mumu Yorubas hate Goodluck even after all the favor he also gave to their god Tinubu's OANDO oil but just because Tinubu wanted him to give his relative minister of petroleum job which he didn't, he turned against him. Nature will humble Tinubu sha, soon!

So stop over hyping Dangote cos he did nothing special to become the political business billionaire he is today. When u talk about self made billionaires, u talk about the man in topic of discussion that brought us here in the first place
I shudder at the illogic of your ramblings.

First off, no billionaire is self-made! Musk? OK, why didn't he become a billionaire in South Africa? Bill Gates? Ever heard of the IBM coup? I could go on and on, but no. You only need one book. Outliers by Malcolm Gladwell. Comment again after you've read it...


On a second thought, your propensity to dish out useless propaganda can only be matched with your rank jealousy.

You must be leading a bitter life. Learn to pray for opportunities to become half as great as Dangote.

Shalom.
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by bigmo1(m): 8:26am On Sep 30, 2018
franchasng:
tell me the special thing Dangote did to raise his first business startup capitalhuh

Now compare it to how Elon Musk, Bill Gates, Larry Page, Sagel Brim, Jeff Bezos, Mark Zuckerberg, etc raised their business startup capital.

Dangote did nothing special. He only managed what his family handed over to him well, that's all
Bill Gates and Allen lied to IBM to get a head start. It was after the IBM deal was sealed that they bought off the software they claimed to initially have. Even the original software that gave birth to Microsoft wasnt originally theirs. You see, you must do something crazy to break out successfully. Same thing Dangote and every other successful person does. Same thing, different ways. There is no time to tell u about Larry page. Google is your friend
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by franchasng: 8:31am On Sep 30, 2018
Igboeze90:
I shudder at the illogic of your ramblings.

First off, no billionaire is self-made! Musk? OK, why didn't he become a billionaire in South Africa? Bill Gates? Ever heard of the IBM coup? I could go on and on, but no. You only need one book. Outliers by Malcolm Gladwell. Comment again after you've read it...


On a second thought, your propensity to dish out useless propaganda can only be matched with your rank jealousy.

You must be leading a bitter life
. Learn to pray for opportunities to become half as great as Dangote.

Shalom.
cheesy cheesy
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by Igboeze90:
franchasng:
yes Dangote is doing the same to kill Lafarge cement Wapco.

You can imagine French Investors in collabo with other foreign investors can't compete with Dangote in cement business in Nigeria due to Dangote using Nigerians Commonwealth to favor his personal business.

Dangote kills off competitors using government indirect funding via waivers and I'll policies.

Dangote is going into everything; from FMCGs (Dangote Sugar, Flour, Pasta, etc) to transport to cement to rice production to oil/gas to construction to anything human, whyhuh

Dangote just ventured into vehicle assembling just because he doesn't want to patronize Nigerians already into truck vehicle assembling, is that healthy for a nationhuh

Nigerian government is dull! I don't blame them sha, its cos its been in the hands of cows and Malus and their slave angry
He is going into everything. And he's dominating every sector he ventures into right?

Why did he sell Dangote Noodles late last year? Any ideas since, according to you, the Nigerian government could help him become an industry leader in every sector?

Bro, don't let tribalism eat you up. There are many children of billionaires who are crack addicts abroad...

The universe presented opportunities to Dangote, he seized it and made the most of it...

Little wonder on his office table stands a plaque, "nothing is impossible." He earned his place skillfully.

I will end by suggesting you add another book to your reading list, "Moonwalking with Einstein by Foer." Try to keenly read the pages on the world's smartest man with an IQ of over 200. When you are done (I could send it to you if you don't want to buy it), quote me and tell me what became of him...

As an aside, I know you are Igbo. Let me throw a poser to you.

Do you presume our own Chimamanda Adichie would have been half as successful as she is if she hadn't been blessed with the following:

√ An eminent professor of statistics (her dad).
√ A civil servant, who patiently read stories she wrote from age six (her mom).
√ A guardian in the US (her aunt).
√ Connection to Chinua Achebe (she once lived in Achebe's house).
√ in all, a family with money, willing to spend liberally on her education.

PS: Try to read Achebe's Education of a British Protected Child.

God bless you.
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by revolt(m): 9:01am On Sep 30, 2018
Berankis:
Electric car manufacturing may be the future of automobiles but as at today, it is not! Tesla over its15years in business has never made a profit. So claiming via Twitter to taking the company private and securing funds for it was considered fraud and misleading investors. Let's just try to emulate, learn from this people from their acts of lawfulness and discipline, so we can be a better nation.
you ppl don't get it. The oil giants are fighting this guy tooth and nail. They'll kill him if they can. It's a gangup. Though he shot himself via twitter but ...
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by franchasng: 9:03am On Sep 30, 2018
Igboeze90:
He is going into everything. And he's dominating all sectors he ventures into right?

Why did he sell Dangote Noodles late last year? Any ideas since, according to you, the Nigerian government could help him become an industry leader in every sector?

Bro, don't let tribalism eat you up. There are many children of billionaires who are crack addicts abroad...

The universe presented opportunities to Dangote, he seized it and made the most of it...

Little wonder on his office table stands a plaque, "nothing is impossible." He earned his place skillfully.

I will end by suggesting you add another book to your reading list, "Moonwalking with Einstein by Foer." Try to keenly read the pages on the world's smartest man with an IQ of over 200. When you are done (I could send it to you if you don't want to buy it), quote me and tell me what became of him...

As an aside, I know you are Igbo. Let me throw a poser to you.

Do you presume our own Chimamanda Adichie would have been half as successful as she is if she hadn't been blessed with the following:

√ An eminent professor of statistics (her dad).
√ A civil servant, who patiently read stories she wrote from age six (her mom).
√ A guardian in the US (her aunty).
√ Connection to Chinua Achebe (she once lived in Achebe's house).
√ in all, a family with money, willing to spend liberally on her education.

PS: Try to read Achebe's Education of a British Protected Child.

God bless you.
lolz, I love your comment. Anyway, u are right most popular Nigerians got popular through family push, and reason I don't fancy people using them as role models for youths.

Yes they are successful but they are not worthy role models to encourage majority of Nigerian youths who come from very poor family background.

Maybe Dangote and his likes can be used as role models to rich Nigerian kids like Otedola's daughter DJ Cuppy, Abiola's kids and their likes but not a good role model for majority of Nigerians who were born without a shoe nor roof.

Same goes with Chimamanda and many others like them.

We need to celebrate more of people who made fortune from scratch!

People who built their wealth from poverty!

Tomorrow now, Adenuga's son Paddy Adenuga will come out to brag how they made it on their own, how plshuh These people are totally wrong role models for our yourhsy, my take and thanks for your subtle comment cool
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by CoolAmbience(m): 9:23am On Sep 30, 2018
franchasng:
Let's leave American election for Americans to sort out.

As for Dangote and his political business wealth, it doesn't move people in the know of his shenanigans like me.

I know more about Dangote's shenanigans than u.

When I see Dangote and Otedola now forming best friends, I smile lol

If you know, you know, let's leave matter bra cool
Large minds never think enmity should linger forever.

I won't blame you because the consensus thinking of the average Nigerian is that every well-to-do businessman 'shortchanged' the system.

As an entrepreneur, I have met Alhaji Aliko Dangote at different fora where he shared his story with us, young entrepreneurs. It will be unwise to ignore what I heard from the man himself, in the presence of stakeholders of the same system whom we accuse of enriching him, detailing how much he and other businessmen of his era struggled and toiled amidst 'killing' bank interest rates of over 40%, to successfully build and expand their businesses; and believe mere hearsay from just anyone.

How do you mean you know Alhaji Dangote than I do? When we hardly know each other?

Anyways, people are at liberty to think whatever they want to think.
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by feldido(m): 9:28am On Sep 30, 2018
rozayx5:
Charlie sold all his coins


Litecoin is not a listed company
Yes I know its not listed, but I wish he faces the same punishment meted on Elon Musk
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by Elxandre(m): 10:13am On Sep 30, 2018
feldido:
Have you forgotten how Charlie Lee's Twitts pumped Litecoin and how he finally dumped it on Holder's?

I hate Manipulators with passion.
But when he dumped, why didn't others dump?
If I had litecoin then, and wasn't a novice, woulda dumped!
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by mctfopt: 10:19am On Sep 30, 2018
feldido:
I am sure it was a deliberate act by Elon Musk and a well deserved penalty.

As a Chairman of a Multi billion dollar company, u don't tweet anyhow.

Next should be Charlie Lee of Litecoin
THERE'S nothing they can do to Lee; decentralised situation. That he sold his holding is no crime smiley
He's entitled to his tweets cheesy
Shilling is a culture of the business, only the end user is advised to make use of information that best benefit him. It's a volatile industry, FOMO is real. Rekt is something that happens everyday. That being said, I find his tweets funny grin
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by ablemachine(m): 10:20am On Sep 30, 2018
franchasng:
When you hear Americans saying their last presidential election was rigged, don't confuse it with your own type of brazen rigging as seen in Ekiti and Osun elections.

What they meant is some social media promotion firms from Russia created image lifting videos and campaigns to favor Donald Trump and to tarnish Hillary Clinton by exposing Hillary's past dark political secrets to make Americans dislike Hillary and prefer Trump. So they used Facebook more to push these messages to more American voters which made them to vote more for Trump, not as if it was rigged by changing figures like APC did in Ekiti and Osun.

Now back to Dangote, Dangote is the luckiest Nigerian alive and that's why he stay off contesting any political posts cos he knows past heads of states and presidents will expose him and kill his empire.

Dangote is not a self made billionaire. Dangote got his first business startup money from his billionaire uncle Alhj. Dantata + business connections and political connections from his father, uncles, etc. How many Nigerians had such opportunityhuh If many Nigerians here have someone to give them just 5million to startup a business or fund their ideas, many will become richer in few years to come.

Dangote is the looting pipe and front for majority of past Nigerian heads of state excluding:

1. Abacha
2. Yaradua
3. Goodluck

Dangote gets a lot of tax and FOREX waivers running into billions while other competitors don't get! The FOREX waivers Dangote gets alone can make any mad man a very rich person angry

Let me explain the FOREX waiver Dangote gets to you.

If dollar is 365 naira in black market, and CBN is selling dollar at 310 naira. Federal Government will issue Dangote a FOREX waiver to obtain dollar from CBN at official rate of 310 naira to encourage him so he can employ more. Dangote will buy this dollar and move it outside Nigeria and round trip to make billions.

That alone is a multi billion dollar business that made Aisha Buhari and many top APC chieftains billionaires in 2015/2016 when dollar shot up to 500naira = $1.

They will get waiver from CBN to buy $ at official rate of say 310nairs = $1 and they go to black marker to sell it for 480naira = $1, now check how much they will make selling like $50millionhuh

Dangote gets monopoly while his competitors gets shutdown. Obasanjo did it for him as against IBETO!

Dangote and Otedola used to be sworn secret enemies due to his cousin Rahamania Oil issue with Otedola, what rescued Otedola is Goodluck that brought him back from Ghana as soon as he became president because Otedola used to respect him even while he was VP.

They wanted to kill Otedola, they slapped him with several fines and charges running into billions, Goodluck waived all that but still mumu Yorubas hate Goodluck even after all the favor he also gave to their god Tinubu's OANDO oil but just because Tinubu wanted him to give his relative minister of petroleum job which he didn't, he turned against him. Nature will humble Tinubu sha, soon!

So stop over hyping Dangote cos he did nothing special to become the political business billionaire he is today. When u talk about self made billionaires, u talk about the man in topic of discussion that brought us here in the first place
Your ideas are beaming.

Look I dont share my food with people... but heres a spoon for you brother... Lets eat. smiley
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by writeprof(m): 10:21am On Sep 30, 2018
anibirelawal:
See wetin twitter don cause dis man now.... by just posting unguided word, the ground is shaking on him already.
that's where things work. See the price of not coming out straight with the people- investors.
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by franchasng: 10:25am On Sep 30, 2018
ablemachine:
Your ideas are beaming.

Look I dont share my food with people... but heres a spoon for you brother... Lets eat. smiley
shocked

tnx bra cool
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by Cocao(f): 10:26am On Sep 30, 2018
Hay God!

It is not fraud case. He made a careless tweet (probably got carried away) that affected the stock price of Tesla and had to be punished for it.
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by Xisnin(m): 10:30am On Sep 30, 2018
franchasng:
Better nation where things work.

Do you know why America is a great country todayhuh Simply because the country is built on honesty, fairness and equality.

American law respects no class; be it poor or rich the law must take its course.

Dangote ought to have been jailed or paying off huge fines running into billions if Nigeria were to be a normal nation, but down here, they buy their way even when they break the law, what a failed nation called Nigeria cry
Don't be fooled, billionaires never go to jail anywhere in the world for business-related cases.
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by dwas: 10:36am On Sep 30, 2018
This is very good. As much as I respect the person of Elon Musk, always support his visionary invention, I detest it when innocent people are being trick to part with their hard earn money.

Hope Nigerian Sec will learn and do the right thing rather than allowing banks and other listed companies on the market floor from improverishing their shareholder.

Still yet to recover from 2008 stock market collapse
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by franchasng: 10:36am On Sep 30, 2018
Xisnin:
Don't be fooled, billionaires never go to jail anywhere in the world for business-related cases.
sorry they do in China. Russia and US and most western nations.

The founder and owner of Yukos Oil, a Russian oil firm, a billionaire Yukos went to jail because of tax offenses.


Many that I can't begin to mention here.

It is only in Africa and mostly Nigeria that they don't
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by dwas: 10:39am On Sep 30, 2018
Xisnin:
Don't be fooled, billionaires never go to jail anywhere in the world for business-related cases.
That's not true my friend. They get penalized and if it warrant jail, trust me, they go to jail. Well except africa
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by Xisnin(m): 10:40am On Sep 30, 2018
dwas:
That's not true my friend. They get penalized and if it warrant jail, trust me, they go to jail. Well except africa
I repeat they never ever go to jail for business reasons. Elon Musk was just foolish to have tweeted that post if he did it offline, nothing would have happened.
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by Newboss(m): 10:40am On Sep 30, 2018
franchasng:
yes Dangote is doing the same to kill Lafarge cement Wapco.

You can imagine French Investors in collabo with other foreign investors can't compete with Dangote in cement business in Nigeria due to Dangote using Nigerians Commonwealth to favor his personal business.

Dangote kills off competitors using government indirect funding via waivers and ill policies.

Dangote is going into everything; from FMCGs (Dangote Sugar, Flour, Pasta, etc) to transport to cement to rice production to oil/gas to construction to anything human, whyhuh

Dangote just ventured into vehicle assembling just because he doesn't want to patronize Nigerians already into truck vehicle assembling, is that healthy for a nationhuh

Nigerian government is dull! I don't blame them sha, its cos its been in the hands of cows and Maluus and their slave angry
Yes, it's healthy. angry

He should please go into electricity generation too so that we can have light for 24/7 angry He should also complete that refinery fast soo that we can stop importing refined petrol angry

Don't let envy and jealousy destroy you. angry
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by SoNature(m): 10:42am On Sep 30, 2018
yeyerolling:
poorly paid
I know a guy who just got employed by the new Dangote refinery

He told me that they would train them in India.

And while the training is on, they'd be paid 150k per month

Come on, that man deserves some credit
Re: Elon Musk And Tesla Settle SEC Fraud Case For $40m,Will Resign As Tesla Chairman by Newboss(m): 10:43am On Sep 30, 2018
Cocao:
Hay God!

It is not fraud case. He made a careless tweet (probably got carried away) that affected the stock price of Tesla and had to be punished for it.
He's still the CEO, and $20m is just like 1m Naira to Musk. angry
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