IMO, they should fire musk, slow down their blue-sky research projects, rip autopilot out of the cars, and just build "boring" luxury electric cars with huge profit margins and rake in cash.
I don't think they should fire him, but he should most definately do the un-american thing: work a sane amount of hours and go on vacation every now and then.
Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
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Re: Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
#22IMO, they should fire musk, slow down their blue-sky research projects, rip autopilot out of the cars, and just build "boring" luxury electric cars with huge profit margins and rake in cash.
Re: Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
#23A while ago I considered reserving a model 3, but I eventually decided against it. Feel like I dodged a bullet, there. There was a time where Tesla had a genuine advantage over the incumbents, but it never was enough of an advantage to overcome their lack of experience. That's only obvious in retrospect, I suppose.
Re: Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
#24And their Chief People Officer, is not coming back from her leave. From the outside it looks like Telsa is about going to go into a tough winter like moment. They are almost losing by winning. They are at capacity in their Fremont factory but still not making a profit. They need to start designing and building out manufacturing facilities for their next car and the help bolster Model X manufacturing. Stop and think f…
They can't afford any capex on new factories though. They are extremely close to breaching covenants on their debt and personally can't understand why they are not raising equity money as their stock price, despite Musk's crazy antics, is holding up well.
Occam razor: they expect to be profitable this quarter and are more patient than short-term speculators.
Re: Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
#25So the headline is that the CFO is resigning, yet there's a huge picture of the photogenic HR chief(?), who, as a side-story, is 'not returning'. I feel manipulated. Also that this publication should be doing a bit more investigation and a bit less pontificating.
Re: Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
#26IMO, they should fire musk, slow down their blue-sky research projects, rip autopilot out of the cars, and just build "boring" luxury electric cars with huge profit margins and rake in cash.
Re: Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
#27And their Chief People Officer, is not coming back from her leave. From the outside it looks like Telsa is about going to go into a tough winter like moment. They are almost losing by winning. They are at capacity in their Fremont factory but still not making a profit. They need to start designing and building out manufacturing facilities for their next car and the help bolster Model X manufacturing. Stop and think f…
I have a friend who bought a Tesla and is now asking for a buy-back. His experience has convinced me the negative hype isn't all just shorts propagandizing and "Musk fatigue." This company has huge, huge problems. When he first got the Tesla it had huge body panel alignment problems. Eventually these were fixed, but it took too long and was difficult to get Tesla to fully acknowledge them. After that he had a range o…
This is a known issue. It isn't a software bug. It is autopilot learning that the overpass isn't a tractor trailer or other large object the camera can't discriminate crossing the path of the vehicle. [1] It was introduced after this fatality [2].
With that said, if that causes concern for the driver, the vehicle isn't for them.
[1] https://www.tesla.com/blog/upgrading-autopilot-seeing-world-...
[2] https://electrek.co/2016/07/01/understanding-fatal-tesla-acc...
Re: Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
#28I'm not losing optimism because of this. Musk fits right into the current political & cultural trajectory and the Tesla brand is sleek & timeless. The media is framing Musk's flaws (Twitter insults, weed & booze) as a bad thing, but outside of the media, people do not care about such things nearly as much. It just requires a few years of optimization and the cars are going to be en par with established brands.
Re: Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
#29And their Chief People Officer, is not coming back from her leave. From the outside it looks like Telsa is about going to go into a tough winter like moment. They are almost losing by winning. They are at capacity in their Fremont factory but still not making a profit. They need to start designing and building out manufacturing facilities for their next car and the help bolster Model X manufacturing. Stop and think f…
So is most of Silicon Valley, which is actually in an earthquake zone that some believe is overdue an earthquake.
Re: Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
#30Earlier quoted context omitted.
If they are at capacity, why don’t they charge more money?
>They are almost losing by winning. They are at capacity in their Fremont factory but still not making a profit. Source? They are now at capacity and they are expected (by Tesla top management) to announce profitablity for this quarter. In other words, they were not a capacity last quarter and not profitable. That's why with the record sales and production of this summer, Q3 earnings publication will be very interest…
Please stop with this thought process. TSLA is doing a fine job all on its own making themselves look bad. On the business side, Musk has missed how many production estimates? There are also concerns about quality. On the personal side, he's still harping on this pedophile thing /facepalm. Then what looks like a complete lie about being bought out.
The way you fix the shorts problem is to actually deliver on your promises and make some money. Deflecting that it's the shorts causing problems for TSLA is typical TSLA deflecting the horrible job they have done at running TSLA.