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Tesla Q1 2020 Update

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Re: Tesla Q1 2020 Update

#261

Post by Melting_Harps »

gustavo-fring wrote: post #235
Melting_Harps wrote: post #217

Earlier quoted context omitted.

> Is it so much to ask for him to tweet responsibly so we can enjoy the fun future stuff without all the bullshit? I don't know, that rave cave in Berlin sounds pretty awesome, and that was from a tweet. The Pedo thing was in poor taste, sure, but they got Tesla guys working on a sub to get some kids out of the cave, so you have to see the positive outweighing the negative. Besides, he won that case and no one here c…

To be clear, he tried to destroy an innocent man/hero's life because said guy dared criticize his attempt to take the glory for himself. He then doubled and tripled down on it and hired a fraudulent private investigator to prove it (he did not). There are those of us that care very much and find actions like that horrific, but we're in the silent minority apparently. It struck me as the actions of a sociopath. Why do…

> Why do you feel like that is appropriate behavior?

Honestly, its a means to an end. He has beceome the defacto person for the EV movement, Mars colonization, and to a degree AI (for good or for bad).

many have tried before him, but none had the savvyness or presence that he has.

I worked for Kimabl and approached him several times while at work and I can tell you right now, I would never try that with Elon. My friend asked if I saw Elon at either Tesla or SpaceX when I went to my interviews, I told him if he was I'd walk other way. Definitely say thank you in passing, but that's about it.

He's not someone I'd bother, I like what he does and how it effects all the movements I care about, that's how I justify it. The polemics from his twitter antics can be entertaining at times, and that's engaging a broader audience so I encourage it as well.

His stance on COVID was misinformed to say the least, but he isn't an epidemiologist so I'm not going to listen to him on that. When i want to hear about Starship SN4 I'm all ears.

Re: Tesla Q1 2020 Update

#262

Post by irjustin »

rtsil wrote: post #211
Reedx wrote: post #136

Earlier quoted context omitted.

> Will Elon stop with tweets that hurt Tesla? Appoint a CEO, or COO to run things People have been saying that for years and years. It's beyond stale. Meanwhile Tesla and SpaceX have continued to succeed beyond expectations for over a decade now. If there's occasional twitter volatility in-between simultaneously landing two rockets returning from space... so be it. Besides, if it bothers you that much, you don't have…

> Meanwhile Tesla and SpaceX have continued to succeed beyond expectations for over a decade now. I think people underestimate how essential Gwynne Shotwell is to SpaceX.

I don't feel like she's underestimated. I do feel she's under-spoken.

Anyone who scratches the surface of SpaceX knows she's an absolute force.

Elon says things during press conferences ranging from semi-ridiculous to full on crazy and Shotwell rarely comments, but when she does, it's taken rather seriously.

Re: Tesla Q1 2020 Update

#263

Post by tbrock »

threeseed wrote: post #143
Reedx wrote: post #136

Earlier quoted context omitted.

> Will Elon stop with tweets that hurt Tesla? Appoint a CEO, or COO to run things People have been saying that for years and years. It's beyond stale. Meanwhile Tesla and SpaceX have continued to succeed beyond expectations for over a decade now. If there's occasional twitter volatility in-between simultaneously landing two rockets returning from space... so be it. Besides, if it bothers you that much, you don't have…

Of course what Musk does matters. He's the CEO. And his erratic and reprehensible behaviour is degrading the Tesla brand as well as reaffirming the long held idea amongst shareholders that he is too unstable to be running the company.

There would be no Tesla brand without him. The brand is quite literally "We are building electric cars, get the fuck out of our way!" so I think it's pretty on brand for him to be saying what he's saying.

The man demands action, if he didn't he wouldn't be running the most ambitious companies on the planet.

Re: Tesla Q1 2020 Update

#264

Post by cl42 »

vgchh wrote: post #236
GhostVII wrote: post #225

Earlier quoted context omitted.

I think that it is a valid opinion to think that we should lift the lockdown - there is a huge cost to the shutdown, and flattening the curve was originally just to keep the hospitals below capacity, which they seem to be. However in the context of his other tweets, it seems irresponsible. He is retweeting conspiracy theories that hospitals are reporting cases of COVID for profit, and even made predictions they by th…

I would love to know why you think it's a conspiracy theory that hospitals are reporting cases of COVID for profit. It's not like healthcare has never gamed the system. Not saying you are wrong, but it's a possibility that they indeed gamed the system. If he has made predictions that we will have 0 cases by end of April, that's just clearly brain-dead of him and it's fine if we are lamenting him for those stupid pred…

Hospitals are actually suffering economically as a result of this entire crisis, too. They are postponing and cancelling more profitable elective procedures[1]. If anything, they're incentivized to underreport the # of cases.

[1] See the FT: "Counter-intuitively, healthcare was one of the sectors that provided the biggest drag on the economy, as hospitals stopped performing lucrative elective procedures in order to focus on dealing with coronavirus patients." https://www.ft.com/content/06493320-083a-4a7d-94cc-8db581f9e...

Re: Tesla Q1 2020 Update

#265

Post by wesammikhail »

wilg wrote: post #213
Reedx wrote: post #136

Earlier quoted context omitted.

> Will Elon stop with tweets that hurt Tesla? Appoint a CEO, or COO to run things People have been saying that for years and years. It's beyond stale. Meanwhile Tesla and SpaceX have continued to succeed beyond expectations for over a decade now. If there's occasional twitter volatility in-between simultaneously landing two rockets returning from space... so be it. Besides, if it bothers you that much, you don't have…

Is it so much to ask for him to tweet responsibly so we can enjoy the fun future stuff without all the bullshit?

Yes! it´s too much to ask someone who is trying to do non-conformist things to conform. You can´t have your cake and eat it too.

Also what you call bullshit is not bullshit to everyone. You don´t like it? dont invest. Leave the rest of us be.

Re: Tesla Q1 2020 Update

#266

Post by tachyonbeam »

bigyikes wrote: post #37
Touche wrote: post #27

Earlier quoted context omitted.

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

Seems like that would be a good personal indicator to not invest in Tesla then? A lot of people invest in Tesla in part because it is run by a “batshit crazy” person, though I’m sure those investors might phrase it differently.

You say "batshit crazy", I say bold, forward thinking and disruptive... (:

Re: Tesla Q1 2020 Update

#267

Post by sjwright »

trianglem wrote: post #230
rtsil wrote: post #211

Earlier quoted context omitted.

> Meanwhile Tesla and SpaceX have continued to succeed beyond expectations for over a decade now. I think people underestimate how essential Gwynne Shotwell is to SpaceX.

Yeah for process but there’s no spacex without Elon.

I personally feel there's a big overlap between Jobs and Musk—but none more so than the fact that they had the key combination of sufficient intelligence, clear vision, high self-confidence and (most importantly) strong influence over corporate direction.

One of my favourite Steve Jobs quotes is just after he returned to Apple and began dismantling the massive pile of legacy cruft. When asked about a particular (terrible) technology that Apple scrapped, Steve went on a particularly insightful rant that holds numerous insights into what he believes to be key to a successful company. And history proved those insights to be exactly right.

The quote— "Some mistakes will be made along the way. That's good. Because at least some DECISIONS are being made along the way, and we'll find the mistakes and we'll fix them." https://youtu.be/yQ16_YxLbB8?t=3286

In other words, as long as you're right often enough, being decisive is more important than being right every single time. Musk strikes me as sharing that mentality. He's right often enough that it's more efficient to "fix" the mistakes than to suffocate big decisions with big committees. And it's not like any big committee is sure to be right more often than Jobs/Elon anyway.

(That YouTube video is fantastic IMHO. Watched with the benefit of hindsight it shows that Apple's success wasn't an accident. Steve really did understand the formula that ultimately led to it.)

Re: Tesla Q1 2020 Update

#268

Post by new_realist »

adventured wrote: post #43
slg wrote: post #18

Earlier quoted context omitted.

>- 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 i…

No. Elon can’t won’t sell his existing shares because he doesn’t want to dilute his voting power. Therefore, to spend money without borrowing, and to repay the debt he has already borrowed against his existing shares, he needs new shares. This makes them very valuable to him.

Re: Tesla Q1 2020 Update

#269

Post by stronglikedan »

wilg wrote: post #213
Reedx wrote: post #136

Earlier quoted context omitted.

> Will Elon stop with tweets that hurt Tesla? Appoint a CEO, or COO to run things People have been saying that for years and years. It's beyond stale. Meanwhile Tesla and SpaceX have continued to succeed beyond expectations for over a decade now. If there's occasional twitter volatility in-between simultaneously landing two rockets returning from space... so be it. Besides, if it bothers you that much, you don't have…

Is it so much to ask for him to tweet responsibly so we can enjoy the fun future stuff without all the bullshit?

Ideally, yes, it's too much to ask - ever - since people should just brush off the bullshit and get on with their lives. However, society in general has developed a really thin skin over the past couple of decades, so realistically, no, it's not too much to ask - right now.

Re: Tesla Q1 2020 Update

#270

Post by cma »

wesammikhail wrote: post #265
wilg wrote: post #213

Earlier quoted context omitted.

Is it so much to ask for him to tweet responsibly so we can enjoy the fun future stuff without all the bullshit?

Yes! it´s too much to ask someone who is trying to do non-conformist things to conform. You can´t have your cake and eat it too. Also what you call bullshit is not bullshit to everyone. You don´t like it? dont invest. Leave the rest of us be.

Investor fraud isn't just whimsy nonconformism.
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