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Tesla Q1 2020 Update

ir.tesla.com

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Re: Tesla Q1 2020 Update

#42
post #27

Earlier quoted context omitted.

- Will Elon stop with tweets that hurt Tesla? Appoint a CEO, or COO to run things to take pressure of Elon? I have read this from so many people for the last 5 years all the time. Sure, the tweets show that Elon wants faster growth, and frustrated, and I didn't like that tweet either, but if you want a conservative CEO, buy IBM or Oracle stocks, please leave Tesla alone.

I just don't want a batshit crazy person running a company I invest in.

I invested in Tesla because Elon is obsessive and bat shit crazy. To each their own risk adjusted investment strategies.

BRK.B for some, 420 funding secured for others. I'm paying for the crazy. Sometimes the crazy bites back, but them the breaks.

Re: Tesla Q1 2020 Update

#43
post #18

Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…

>- Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy Musk is on the verge of a three quarter of billion dollar windfall if Tesla's six month average market cap exceeds $100b. I would guess that motivates his desire to open as soon as possible. https://www.reuters.com/article/us-tesla-stocks-musk/teslas-...

I doubt it. He's worth $38.5 billion; $26b of that is in Tesla. He can shave off hundreds of millions of dollars from that any day of the week - if he cared to do so.

The compensation package is relatively small compared to his existing wealth already contained in Tesla. Wanting the company to succeed is what most likely motivates him, not the compensation package (which is aligned with his existing interests, even if you think he's primarily in it for the $26b (little evidence to support that, he's personally loaded with debt because he refuses to sell, that's called being all in; any good financial advisor would call it dangerous concentration and a poor choice to take on debt instead of selling)).

Re: Tesla Q1 2020 Update

#44
post #27

Earlier quoted context omitted.

- Will Elon stop with tweets that hurt Tesla? Appoint a CEO, or COO to run things to take pressure of Elon? I have read this from so many people for the last 5 years all the time. Sure, the tweets show that Elon wants faster growth, and frustrated, and I didn't like that tweet either, but if you want a conservative CEO, buy IBM or Oracle stocks, please leave Tesla alone.

I just don't want a batshit crazy person running a company I invest in.

[deleted]

Re: Tesla Q1 2020 Update

#45
post #28

I dig Tesla, but I wonder if Elon's own goals would be better served if they only produced motors and batteries and novel tech for the other car makers.

The only reason anyone would buy them is because tesla forced them to take electric seriously. And now that's why they can't, they need in-house tech or they're just Teslas with different chassis shapes.

Its a sad paradox.

Re: Tesla Q1 2020 Update

#46

Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…

It has been said before and should be said again:

Elon needs an assistant who shuts his fucking phone off at midnight.

It's like the moon comes out and he turns into a werewolf. There was a theory that he's Ambien-tweeting, but I suspect he just never learned in college like many of us that any idea that sounds really good at 1 am is probably really stupid.

Re: Tesla Q1 2020 Update

#49

Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…

Someone _please_ hire someone to follow EM with a phone jammer on. I can't take his BS anymore. Why do smart people like to have strong opinions on subjects they are not expert in? (Disclosure: I own TSLA stocks.)

The first thing I do when Elon posts something stupid is look at the timestamp. The later, the crazier. One of the ones mentioned in this thread was posted around 12:15 am. Put the phone down and go to bed, dude.
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