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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

#121
post #9

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

The CFO leaving is always a big deal. It can mean nothing but it can also mean a really spectacular blowup is about to take place.

That is just flat out factually wrong. CFO just like ever other position sometimes switch jobs.

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

#122

Earlier quoted context omitted.

He's courting a new customer base for the Cybertruck.

Not to go too far into the weeds of second guessing him, but I don't think that's courting a new market -- it seems to be the mask coming off.

I agree in that this is who he always was, but he's also deliberately going out his way to publicly appeal to certain types of people.

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

#123

This reminds me of some years ago when the General Counsel left after only two months on the job. Then his replacement left several months later. Nice. I enjoy reading the responses when news comes out of Telsa, no matter how troubling, it's usually something like "Everything is fine". No doubt, but quite a few folks really do not want to work there, no matter how much money is on the table. What is the company cultu…

Per Musk admission, Tesla was indeed at the brink of bankruptcy at the time - so that many key people leaving was most probably not 'nothing'. Tesla was 'saved' in part thanks to Covid and the ensuing chips shortage, massively inflating car prices. Things are coming back to earth now - and so do car prices, especially EVs as the competitions is catching up. Those absurd projections that Musk keep making, are quite ha…

> especially EVs as the competitions is catching up.

I want to ask "are they though?".

A while ago Tesla slashed prices by close to 10% for some models, which caused quite a stir and weird statements from their competitors, like "we won't be doing the same because we care about resale value".

As it stands their offerings are roughly on par in pricing to non-premium brands offering the same(or less) features.

Their only real competition in terms of pricing are Chinese brands, who have ample capital to play the race-to-the-bottom game.

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

#124
post #91

Earlier quoted context omitted.

Serious question - not trying to be cute or funny - is Xitter pronounced like "sitter", "ksitter", or "shitter"?

Since you say it's a serious question, even though it's pretty unrelated to this thread, I'll give a serious answer. First, 'xitter' isn't an official term related to x/twitter, so there's no official pronunciation. 'Xi' also doesn't occur in english much at all, so there's not much to draw on. My dictionary just has "Xiphoid", where the 'X' is pronounced as a 'Z'. To my american-english mind, the obvious sound is "Z…

> In words like "Xian", for example, the "X" is pronounced close to the english soft "J" sound (like in Jacques)

The sound you're describing is represented as "j" I think.

The closest equivalent I can think of that we have in Indo-European languages is ɕ, or ś.

Source:

https://resources.allsetlearning.com/chinese/pronunciation/T...

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

#125

Earlier quoted context omitted.

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…

Quick - name the CEO of Toyota. Can't do it? How about Volkswagen? Still no? These are the two largest car companies in the world. Honestly, I think Tesla would be better off if Musk were to go away - at this point. Musk really is the perennial entrepreneur. He's a great idea man, and he can get a company built and make that idea come to life. But he can't run a business. I think Musk has overstayed his welcome at Te…

Tesla's market cap is much larger than those two companies combined.

Tesla the company would probably be better off with a serious, responsible CEO. But it will be an ugly ripping the band-aid off moment for the stock, which is valued based on Elon's rosy promises (50% annual growth, real FSD, Optimus, etc) that no one believes his successor would achieve

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

#126
post #90

Earlier quoted context omitted.

What confuses me is that Musk's behavior is abhorrent to the "typical" Tesla buyer.

He's courting a new customer base for the Cybertruck.

If the cyber truck burned tetraethtyl lead enriched diesel in a big barrel in the back it would bring in customers that musk has a personal fondness for. Damn I should work in marketing

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

#128
post #18
post #9

Earlier quoted context omitted.

The CFO leaving is always a big deal. It can mean nothing but it can also mean a really spectacular blowup is about to take place.

That seems like a contradiction. How can something always be a big deal if it can mean nothing?

E.g. The fire alarm going off is always a big deal even if there is not always a fire.

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

#129

Earlier quoted context omitted.

> You think it's all games? Yes, because I'm talking about the valuation which is completely divorced from fundamentals and entirely based on Musk's hype of non-existent products like robotaxis and the cyber truck. They're a small, boutique car manufacturer with a $769B market cap. To put things into perspective, GM has a market cap of $51.5B.

Cybertruck is literally in production. The idea that its 'not real' is some conspiracy theory nonsense. Yes it was late, but claiming it doesn't exist is just stupid. They are not actually 'small' anymore, they are at a 2 million a year run rate and growing. > GM has a market cap of $51.5B Yes and have you considered why that is? Look at how many vehicles GM sold in 2008 and then now, it continues to go down. They ar…

> Cybertruck is literally in production. The idea that its 'not real' is some conspiracy theory nonsense.

It's not real. You can't buy it, it has no credible deadline for shipping.

> GM has a market cap of $51.5B

> Yes and have you considered why that is?

Yes, the fundamentals of their business dictate this market valuation. Unlike Tesla where the price is dictated by Elon's pumping (and occasional dumping).

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

#130
post #13
post #3

Earlier quoted context omitted.

For anyone else wondering, the master of the coin title is just musk being trying to be cute https://winteriscoming.net/2021/03/16/tesla-executive-offici... . For a moment i was wondering if that was an actual common corporate title.

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.

nah. publicly traded company. i dgaf about cute, i want to know what my money is doing and who is running it in a way that permits apples to apples.

cute is for side projects and FOSS memes

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