211–220 of 225 posts
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Because he's an innovator in multiple industries and generally seems like the type of person that would be admired on a site like HN and yet he constantly gets shit on for the smallest things.
Committing securites fraud is not something I'd consider one of "the smallest things"
>Of more concern to Tesla investors: What if he knows something they don’t know about the company’s financial future — and is hoping to hang any failure on the nasty, overreaching regulators rather than his own dubious management skills? That seems very possible. I think the reality of scaling up Tesla to live up to its valuation might be too daunting for Elon to handle. It might even be impossible. EV sales as a % o…
Or Musk just doesn’t give a damn about the SEC considering they take his tweets more seriously than the deliberate market manipulation practised daily by various publications in concert with big investors.
Maybe Musk feels that spaceflight to Mars is so close that he can afford to thumb his nose at US regulators because he will just move to Mars where they have no reach.
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So, let me get this straight. You think short sellers are a massive cabal of evil geniuses and they just go around forging court documents and duping journalists? But just in the case of TSLA, not all the other companies it would be possible to short? And you think that's more likely than that the SEC asked the judge to hold Musk in contempt, which he obviously is by a plain reading of the settlement agreement ? This…
You're acting as if market manipulation is some far-out conspiracy theory rather than something relatively common. I don't think it takes a "kabal of evil geniuses" to dupe a few credulous journalists who are incentivized and looking for a scoop by forging some documents. There are far more complex market manipulation conspiracies that are well-documented (see: LIBOR scandal) Furthermore, why haven't we heard anythin…
Something of the scope you're suggesting has literally never happened, as far as I am aware. Certainly not recently (i.e. last forty years) in the US. Bet ya fifty dollars the SEC did in fact send this show-cause order.
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Committing securites fraud is not something I'd consider one of "the smallest things"
Your hyperbole is only proving my point
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> If EV's do take off, it's likely to be the established car manufacturers who are good at making cars at scale who eventually capitalize on the opportunity. This is what I used to think, but every year the "Tesla killers" fail to kill, or even wound. I never even hear about the other EV's by themselves, only as the competition to Tesla. Anybody who watches the news would have known that the Model 3 was a colossal fa…
Do you pay attention to other cars besides tesla? What Tesla killers have failed? > Last I heard they got the price down to $45K, so they are in striking distance of the $35K target and won't stop there Are they? That's a 20% price drop still to go.
Fisker, Aptera, Lucid, Faraday Future
Edit: Forgot supposed Apple car :)
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Tesla's growing 50% / year, and the valuation shows expected future earnings. Only some Chinese electric car companies grow faster than Tesla. So far it looks like in 10 years electric cars will get cheaper than gas cars, which makes the case for the future earnings potential.
Eh, I'm pretty sure a big factor of the valuation is full self driving, and that isn't happening anytime soon despite Musk's repeated insistence it is only a year or two away from when he last said so.
Elon Musk just redefined the expression full self driving to having all the features for self driving in the last conference call, like detecting signs and changing lanes automatically.
Of course we know that it's very far from it (even though I believe Tesla is doing the data gathering part extremely well)
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It tends to, yes, once you account for Musk Time (which is something around 1.8x normal time, AFAIR).
Yep. Look at his announcements from a few years ago. "How is he going to build that many charging stations?". I find it pretty impressive how much of that happened exactly the way it was announced. Besides: The Germans are struggling just as much delivering their highly announced flagship EVs.
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It's a shame there's no love for small cars in America. Renault-Nissan applied the lessons learned with the Leaf to a subcompact, the Renault Zoe, and it's a great car.
You mean those small Japanese Kei cars? They are really cute.
The Zoe is 4m long and about 1.70m wide. That's the same dimensions as the rest of the cars in its segment. This "Ford Fiesta" size is great for European cities, and the cars don't feel compromised on the higher speed roads, as their size and weight makes them more agile than bigger cars, whose only real advantage is space and stability at higher, illegal speeds.
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It's a shame there's no love for small cars in America. Renault-Nissan applied the lessons learned with the Leaf to a subcompact, the Renault Zoe, and it's a great car.
I love my Subaru BRZ! I want a Tesla Roadster for my next car, but that $200k price tag is hard to swallow. If they could produce a $120k model with a 300 mile range and 0-60 in around 3 seconds rather than a 620 mile range with 0-60 in 1.9 seconds, I'd buy it. But really if anybody else came up with a small, sporty, EV coupe, I'd consider it. The Model S P100D is a quick car, but way too big. Even the smaller Model…
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According to their SEC filings, Tesla spends between $60 and $100 million annually on marketing, and they've definitely placed billboards in major cities since I have seen several of them in the LA area.
Was true for a while. I guess that's no longer the case.