Trump ask SEC to consider ending quarterly reports

[LordSquidworth]

Originally Posted by vision33r

Tesla wanted to go private because of the annoyance of quarterly reporting and making sure wall street is happy. I don't think it should be ended but there are reasons why ending it make sense.

No. There are none.

The issue is guidance and having to meet/beat it. Not financial reporting. As a shareholder, I want more information, not less.

Musk is just a terrible leader anyhow. Even going private he'd like still have more than 1,500-2,000 shareholders which would mean Tesla would still have to put out quarterly financials.

[Lowexpectations]

Originally Posted by vision33r

Tesla wanted to go private because of the annoyance of quarterly reporting and making sure wall street is happy. I don't think it should be ended but there are reasons why ending it make sense.

Tesla didn’t want to go private because of annoying quarterly report. Musk didn’t and doesn’t like to have to answer questions and some strange obsession with short sellers.

[charlygal]

Originally Posted by vision33r

Tesla wanted to go private because of the annoyance of quarterly reporting and making sure wall street is happy. I don't think it should be ended but there are reasons why ending it make sense.

HA HA HA. Tesla?? A fine example as to why more reporting is better than less. At the end of the day, these big corporations want to hide and conceal things from investors.

[Pyewackette]

Impeach the moron and let us never never ever elect an orange American again.

[nybbler]

Originally Posted by LordSquidworth

The issue is guidance and having to meet/beat it.

There is no requirement to give guidance. Alphabet does not, for instance.