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Tesla Q1 2020 Update

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Re: Tesla Q1 2020 Update

#301

Post by maxharris »

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.

As Peter Thiel famously said, "Never bet against Elon Musk."

I'm a shareholder. I expect that Elon's leadership will make my shares go up an incredible amount in the future.

I have over half of my life savings at stake on TSLA, so I have a lot of skin in the game. If you think he's so bad, why don't you short his stock?

It would be fun to check back in six months and compare how we did!

Re: Tesla Q1 2020 Update

#302

Post by ramblerman »

chollida1 wrote: post #2

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

Why. Personally I do think we should stay inside, but it's not an invalid argument to say that locking people in their homes on penalty of fine is a weird thing. Too much economic damage could cause deaths well beyond COVID-19 so there is a balance to be found.

But to go a step further and invalidate any criticism of locking people up inside their homes as 'crazy' is out of the playbook of 1984

Re: Tesla Q1 2020 Update

#303

Post by wesammikhail »

s9w wrote: post #298
getlawgdon wrote: post #290

Earlier quoted context omitted.

Har. You must be from Zerohedge.

I have literally never been on that site. Maybe I should though

Start here: https://www.zerohedge.com/markets/down-rabbit-hole-eurodolla...

One of the best articles written on the subject if you´re interested

Re: Tesla Q1 2020 Update

#304

Post by anoncareer0212 »

ramblerman wrote: post #302
chollida1 wrote: post #2

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 Why. Personally I do think we should stay inside, but it's not an invalid argument to say that locking people in their homes on penalty of fine is a weird thing. Too much economic damage could cause deaths well beyond COVID-19 so there is a balance to be found. But to go a step further and invalidate any criticism of locking people up inside the…

No, what's 'crazy' is having to read a mind-numbing comment claiming anyone is 'locking up people in their homes', in service of defending an out-of-touch billionaire who flies twice a day on his private jet, 200,000 miles in just the last 3 months. https://twitter.com/evdefender/status/1252352769605791744?s=...

Why out of touch? Because 74% of Americans support the quarantine https://thehill.com/changing-america/well-being/prevention-c...

Why is this all particularly insane? Musk went on to praise China's reaction, which _actually locked people into their homes_ and their "opening" is our "locking up people in their homes". https://www.cnn.com/2020/04/29/asia/wuhan-coronavirus-lockdo...

Re: Tesla Q1 2020 Update

#305

Post by dmix »

Consultant32452 wrote: post #258
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?

Is it so much to ask of the world to just get over the fact that sometimes highly intelligent and highly effective people are also sometimes highly disagreeable? I would argue this is often the case, but most of them are never allowed to flourish. Forcing everything to be cookie cutter agreeable niceness is how you achieve stagnation.

It's entirely normal and healthy to constantly question whether we've gone too far by locking everyone up inside for months on end. Even if that answer is mostly: no, it's not.

It seems people today are okay with trying to weed out anyone who they think is "wrong" from being able to communicate. That scares me more than Elon tweeting.

I strongly believe it's good having "crazy" or "wrong" people challenging the norms, especially when they have good intentions and contribute meaningfully to the conversation. Society has always had these sorts of people on the edges/fringes and the world didn't end. Frequently they helped move things along for the better.

That doesn't mean we should kill any conversation before it even starts - or, even crazier, calling to prevent them from running their own companies because they express unpopular opinions in their spare time.

Re: Tesla Q1 2020 Update

#306

Post by ramblerman »

anoncareer0212 wrote: post #304
ramblerman wrote: post #302

Earlier quoted context omitted.

> Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy Why. Personally I do think we should stay inside, but it's not an invalid argument to say that locking people in their homes on penalty of fine is a weird thing. Too much economic damage could cause deaths well beyond COVID-19 so there is a balance to be found. But to go a step further and invalidate any criticism of locking people up inside the…

No, what's 'crazy' is having to read a mind-numbing comment claiming anyone is 'locking up people in their homes', in service of defending an out-of-touch billionaire who flies twice a day on his private jet, 200,000 miles in just the last 3 months. https://twitter.com/evdefender/status/1252352769605791744?s=... Why out of touch? Because 74% of Americans support the quarantine https://thehill.com/changing-america/wel…

This isn't your typicial political argument where you pick a side and dig in your heels. It's more like a goldilocks situation where we need "just enough" measures.

In that vein I don't think we should just silence the opposite side and dismiss people wanting to open up as "crazy".

Re: Tesla Q1 2020 Update

#307

Post by ketamine__ »

threeseed wrote: post #148
liquidise wrote: post #66

Earlier quoted context omitted.

I love this comment so much, though i can't decide if it is sarcasm or not. Musk has made a career breaking norms, and at times, rules. If you are an investor in $MUSK_CORP, you are frankly buying into that eccentricity. Personally, i love it for all the productivity and discomfort it brings us. He makes us think, if nothing else. Musk is a maverick. Maybe 90% of the time that energy is channeled productively. As for…

There is nothing notable or good about his response to COVID-19. It's been a disgraceful example of how a public figure should not act if they care about people's lives.

The lives of young people and the unemployed must be considered in the equation as well because it is unlikely we will have a vaccine anytime soon.

Re: Tesla Q1 2020 Update

#308

Post by ashtonkem »

pcurve wrote: post #282
ashtonkem wrote: post #109

Earlier quoted context omitted.

I’ve personally gone from “should I upgrade from a Mazda 3 to a Tesla 3” to “Should I just not get a car at all once this lease is up?” In a shockingly short period of time.

I bought 2014 3 HB GT manual when it first came out. Even though I used to be a huge car guy, I just don't care to own nicer car. Maybe it's because I'm 40 and have owned nicer cars before. Cars are so expensive these days, but a $25k compact car is so nice, why pay another $20k for incrementally nicer car? Keep your Mazda 3 for 10 years. It's a good car.

I’d actually prefer to not own a car at all. Since I work from home now, and walked to work before, I’d rather just not have one.

But I agree, the marginal value of nicer cars is questionable at best. The benefit of a Model 3 was mostly going to be tax rebates and access to the car pool lane for my wife in crowded Los Angeles.

Re: Tesla Q1 2020 Update

#309

Post by nickik »

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 love Shotwell, but there are a number of people who could do a fair job to run rocket operations. Its not like other rocket companies have major issues with running operations. The part that no other company can do is the part that Elon does, and that is ultimately why the operation side is so successful.

Re: Tesla Q1 2020 Update

#310

Post by nickik »

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.

> as well as reaffirming the long held idea amongst shareholders that he is too unstable to be running the company.

I don't know a single person that believes this. This is what people who hate Elon and Tesla believe about Tesla stockholders.

Its honestly crazy if you look at what Tesla has done since Elon took over, to think that he is a problem. He is the opposite.

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