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An Update from Elon Musk

teslamotors.com

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Re: An Update from Elon Musk

#3

Post by loceng »

I think people underestimate what an agile and lean startup like Elon seems to be running can accomplish. He's a super intelligent guy with a growing positive trackrecord. The vehicle industry has been waiting for disruption for 20+ years, and the giants finally have lost control and whatever unnatural advantages they tried to maintain. Technology for electric vehicles will only continue to improve, and costs will go down. Luckily for economies very attached to oil they can shift to systems like free re-fueling once a vehicle is purchased; That's pretty incredible and something I never even thought about or imagined possible, though it makes sense and works once the puzzle pieces are all in front of you. P.S. Elon's my new Man Crush.

Re: An Update from Elon Musk

#4

Post by toomuchtodo »

loceng wrote: post #3

I think people underestimate what an agile and lean startup like Elon seems to be running can accomplish. He's a super intelligent guy with a growing positive trackrecord. The vehicle industry has been waiting for disruption for 20+ years, and the giants finally have lost control and whatever unnatural advantages they tried to maintain. Technology for electric vehicles will only continue to improve, and costs will go…

So I'm not the only dude with an Elon Man Crush.

I'm off to go buy a ton more TSLA stock. And apply at an Elon company. Doesn't even matter which one.

Re: An Update from Elon Musk

#5

Post by codex »

JGM564 wrote: post #2

Exciting quote emphasized in post: "we expect Tesla to become cash flow positive at the end of next month."

Well, cash flow positive until they decide to develop, test, and manufacture another model, which will again put them in the red. Building cars is a very expensive proposition.

Re: An Update from Elon Musk

#6

Post by witoldc »

codex wrote: post #5
JGM564 wrote: post #2

Exciting quote emphasized in post: "we expect Tesla to become cash flow positive at the end of next month."

Well, cash flow positive until they decide to develop, test, and manufacture another model, which will again put them in the red. Building cars is a very expensive proposition.

That's why Obama win is so important to Tesla Government Motors.

Re: An Update from Elon Musk

#7

Post by knodi »

toomuchtodo wrote: post #4
loceng wrote: post #3

I think people underestimate what an agile and lean startup like Elon seems to be running can accomplish. He's a super intelligent guy with a growing positive trackrecord. The vehicle industry has been waiting for disruption for 20+ years, and the giants finally have lost control and whatever unnatural advantages they tried to maintain. Technology for electric vehicles will only continue to improve, and costs will go…

So I'm not the only dude with an Elon Man Crush. I'm off to go buy a ton more TSLA stock. And apply at an Elon company. Doesn't even matter which one.

I truly believe TSLA stock is a good investment. TSLA is on its way to be the Apple of car manufactures.

$ whoami > nobody

Re: An Update from Elon Musk

#8

Post by rdl »

witoldc wrote: post #6
codex wrote: post #5

Earlier quoted context omitted.

Well, cash flow positive until they decide to develop, test, and manufacture another model, which will again put them in the red. Building cars is a very expensive proposition.

That's why Obama win is so important to Tesla Government Motors.

I think the DOE loan has probably hurt Tesla's stock price more than it's helped -- the rumors about late repayment, etc. have probably depressed it from 33-35 down to 29. If Tesla hadn't taken $1 from DOE, it would be able to attack Fisker and Chevrolet and others for being Government Motors, and wouldn't have gotten name-checked in Romney's debate answer tonight.

The only money MuskCo's should be taking from the government is payment for services (like flying cargo to the ISS, Moon, Mars, selling cars or solar power to them, etc.), not using the government as VC. The government is a horrible VC or lender, and the MuskCo's could do a lot better.

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