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Tesla, Inc. 8-k filing – CFO leaves Tesla

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Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#61

Post by wonderwonder »

lyapunova wrote: post #38

Whether the CFO leaving is a "canary" or not, I think there is ample evidence that Tesla's overall value proposition is grossly misaligned with its current valuation (futures priced-in). I would not blame people for using this as an excuse to weaken their positions on Tesla. I am invested and have been for almost a decade, for the record.

How much of Tesla do you think is Musk? For example, if Zuck choked Musk to death in a cage fight, what do you think would happen to the stock?

Obviously the odds of this happening are close to 0 but after investing heavily in Tesla I came to the conclusion (perhaps wrongly) that a good deal of the value in tesla stock is tied to Musk. He could get hit by a bus tomorrow.

So I sold and put it all in an index fund that still holds tesla but on a more diluted basis.

Just curious about your outlook on it.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#62

Post by wonderwonder »

nness wrote: post #39
andreygrehov wrote: post #7

People come, people leave. Why is that a big news?

For context, C-Suite roles rarely change without an announcement far in advance or a complete change of leadership. (I know nothing about Telsa's current affairs, but a CFO change this sudden without any other announcement is sure to cause investor concern and likely foreshadows some bigger press.)

Dude is sticking around for another 6 months, so is 6 months far enough in advance?

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#63

Post by alliao »

frankreyes wrote: post #36
dvt wrote: post #24

Earlier quoted context omitted.

> Yes, Kirkhorn "will continue to serve Tesla through the end of the year to support a seamless transition", but this reads as a rush notice. I don't own any $TSLA (or one of their cars), but this is like the opposite of a rush notice. Heck, he will continue working for Tesla for almost half the year. Seems like typical HN "everything Elon does is bad" bandwagoning. I mean, just earlier today the HP CFO resigned[1] a…

Yeah but nobody cares about HP and their silly printers. Also, Elon doesn't have anything to do with HP

Just thought this was funny, as Tesla's engineering HQ is now located in the Stanford Research Park, 3000 Hanover St, where HP was

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#64

Post by fbdab103 »

wonderwonder wrote: post #61
lyapunova wrote: post #38

Whether the CFO leaving is a "canary" or not, I think there is ample evidence that Tesla's overall value proposition is grossly misaligned with its current valuation (futures priced-in). I would not blame people for using this as an excuse to weaken their positions on Tesla. I am invested and have been for almost a decade, for the record.

How much of Tesla do you think is Musk? For example, if Zuck choked Musk to death in a cage fight, what do you think would happen to the stock? Obviously the odds of this happening are close to 0 but after investing heavily in Tesla I came to the conclusion (perhaps wrongly) that a good deal of the value in tesla stock is tied to Musk. He could get hit by a bus tomorrow. So I sold and put it all in an index fund that…

I could see it cutting both ways. Some people love Musk and assume Tesla is only supported by the sweat of his brow. Others view him as an impediment to making good business decisions. Hard to judge which camp is bigger.

On the gripping hand, I personally believe Tesla is over-valued and it only takes a watershed moment for investors to determine the emperor is wearing no clothes which could cause the stock to plummet.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#65

Post by ChuckMcM »

wonderwonder wrote: post #61
lyapunova wrote: post #38

Whether the CFO leaving is a "canary" or not, I think there is ample evidence that Tesla's overall value proposition is grossly misaligned with its current valuation (futures priced-in). I would not blame people for using this as an excuse to weaken their positions on Tesla. I am invested and have been for almost a decade, for the record.

How much of Tesla do you think is Musk? For example, if Zuck choked Musk to death in a cage fight, what do you think would happen to the stock? Obviously the odds of this happening are close to 0 but after investing heavily in Tesla I came to the conclusion (perhaps wrongly) that a good deal of the value in tesla stock is tied to Musk. He could get hit by a bus tomorrow. So I sold and put it all in an index fund that…

The more I see of Musk on Twitter the lower I judge his future impact at Tesla. Tesla going forward is going to have to grow its customer facing side and Musk seems unsuited to solving problems that involve humans and emotions. Could be completely wrong of course, often am. That said, I too divested myself 100%.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#66

Post by jcampbell1 »

uberdru wrote: post #12

Revenue recognition around FSD has been incredibly dodgy. Just sayin'.

Dodgy in what way? This kind of thing is where none would do creative accounting. Accountants just propose a plan and get the auditor to sign off on it, or suggest modifications. In the auto business, if the CFO wants to hit a number for the CEO, warranty accounting is the place to play games.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#67

Post by _ea1k »

hypeit wrote: post #45
toolz wrote: post #13

Earlier quoted context omitted.

Maybe more charitably stated, it's a fun title to break the monotony of common titles. Surely just because we disagree with musk on other decisions we don't have to denigrate some harmless fun. I welcome the day where we treat business less seriously.

> I welcome the day where we treat business less seriously. Teslas can and do kill people. Taking business "less seriously" is how you do things like remove lidar and label the hobbled driver assist as "full self-driving". I doubt people who have had family members killed by a Tesla think these titles are cute and "fun".

I bet the people who've had family members saved by them appreciate the fun. I bet the people who's family members have died in accidents, that wouldn't have happened if the other driver were in a Tesla, also appreciate the work that Tesla is doing.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#68

Post by _ea1k »

TylerE wrote: post #19
toolz wrote: post #13

Earlier quoted context omitted.

Maybe more charitably stated, it's a fun title to break the monotony of common titles. Surely just because we disagree with musk on other decisions we don't have to denigrate some harmless fun. I welcome the day where we treat business less seriously.

I'm sure the reams of people Musk pushed out at his various companies are just rollin' in the aisles over that one.

That likely generalizes to all the ones that are overworked and underpaid too. Fair point.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#69

Post by mulmen »

hypeit wrote: post #45
toolz wrote: post #13

Earlier quoted context omitted.

Maybe more charitably stated, it's a fun title to break the monotony of common titles. Surely just because we disagree with musk on other decisions we don't have to denigrate some harmless fun. I welcome the day where we treat business less seriously.

> I welcome the day where we treat business less seriously. Teslas can and do kill people. Taking business "less seriously" is how you do things like remove lidar and label the hobbled driver assist as "full self-driving". I doubt people who have had family members killed by a Tesla think these titles are cute and "fun".

Uptight corporate environments are demoralizing and dehumanizing. It may be possible that by having some fun at work Tesla is able to make their cars safer.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#70

Post by unusualmonkey »

hypeit wrote: post #45
toolz wrote: post #13

Earlier quoted context omitted.

Maybe more charitably stated, it's a fun title to break the monotony of common titles. Surely just because we disagree with musk on other decisions we don't have to denigrate some harmless fun. I welcome the day where we treat business less seriously.

> I welcome the day where we treat business less seriously. Teslas can and do kill people. Taking business "less seriously" is how you do things like remove lidar and label the hobbled driver assist as "full self-driving". I doubt people who have had family members killed by a Tesla think these titles are cute and "fun".

Can you prove any connection between the two?
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