Live data from Hacker News

An Update from Elon Musk

teslamotors.com

71–80 of 119 posts

Re: An Update from Elon Musk

#71

I'm a huge Elon Musk/Tesla/SpaceX fan, and have often felt it would be the ultimate opportunity to work at either company (Tesla would be my first choice, as automotive interface tech is one of my passions). However, doing a quick bit of research earlier today, a search for "Tesla working environment" turned up more than a handful of reports by former and current employees that hint at an unpleasant company culture.…

Maybe they should unionize.

Re: An Update from Elon Musk

#72
post #68

Earlier quoted context omitted.

Agreed, with their disappointing stock performance from the beginning of the year on, stock options would definitely be one thing to really examine and determine if they would be worth anything at all.

Really? That's the direction you took? You realize what Tesla is doing is going to destroy the oil economy - dependency on oil for cars - and practically eliminate the need to pay for re-fueling your car once you own it? Or is it that you just don't believe it?

> Really? That's the direction you took? You realize what Tesla is doing is going to destroy the oil economy - dependency on oil for cars - and practically eliminate the need to pay for re-fueling your car once you own it? Or is it that you just don't believe it?

Calm down:)

All I was responding to was a couple of comments about working for below average wages, bad work environment and the performance of Tesla's stock, which has been a bit disappointing over the past year.

I do think that Tesla will become profitable, but I don't' think for a second that it will "destroy the oil economy".

And consider for a second this statement: > "practically eliminate the need to pay for re-fueling your car"

I don't' think Tesla has any such goal, as far as I know they still require you to refuel your car by plugging it into an electricity source. Electricity is literally the new fuel source.

How are you imagining that this is going away? Or are you using fuel in a narrow manner to refer to only oil based fuel?

Re: An Update from Elon Musk

#73
post #39

I'm a huge Elon Musk/Tesla/SpaceX fan, and have often felt it would be the ultimate opportunity to work at either company (Tesla would be my first choice, as automotive interface tech is one of my passions). However, doing a quick bit of research earlier today, a search for "Tesla working environment" turned up more than a handful of reports by former and current employees that hint at an unpleasant company culture.…

I have a bunch of friends who work at Tesla. They do work hard, one of whom works waaaaay too hard, but it's meaningful work. They're changing the world. It's a similar feeling I get from people I know who work at Apple.

I understand the geek/social effect of saying that you work for Apple or any other well perceived company, but get real: you're no changing the world. You would change the world if you were one of the first few employees at Apple, or nowadays if you are a high ranking executive/manager. Other than that, you're just a small piece in the engine. Maybe an independent developer is doing more to change the world than an employee at Apple.

Re: An Update from Elon Musk

#74

I'm a huge Elon Musk/Tesla/SpaceX fan, and have often felt it would be the ultimate opportunity to work at either company (Tesla would be my first choice, as automotive interface tech is one of my passions). However, doing a quick bit of research earlier today, a search for "Tesla working environment" turned up more than a handful of reports by former and current employees that hint at an unpleasant company culture.…

I'm guessing, but the culture clash might come from an intersection of "car factory" meets "startup mindset", with the latter introducing an against-all-odds urgency. If you want to put a rocket in space or create the first viable electric car company, you probably can't initially go home at 5pm. You're probably less forgiving of those that can't keep up with the insane pace. Here's hoping it calms down, and that the…

Hogwash. If you can't do something at a sustainable pace, you can't do it at all.

In startup environments crunch time has a nasty tendency of becoming normal time, and you get nosediving morale, massively increased attrition, and lower overall productivity. It's lose-lose all around.

So sure, in a startup you'd expect some late nights. When late nights become the norm though, you are now officially in dysfunctional company territory - don't let naive founders with rainbows and unicorns in their eyes convince you otherwise. Very sick of this Valley attitude that you must push yourself to the very edge of death-by-exhaustion to achieve anything worthwhile.

Re: An Update from Elon Musk

#75
Not sure if anyone else noticed, but Romney made a crack about Tesla (in the same sentence as Solyndra) as a useless pet project that Obama subsidizes.

I wonder how this will play out politically, especially if Tesla gets into trouble financially. That story is already being spun.

Re: An Update from Elon Musk

#76

Earlier quoted context omitted.

I wish we could buy stock in Elon directly which would translate into a spread between all his ventures.

It's always possible to create an index fund portfolio.

Quite difficult. For instance, you can't buy SpaceX. You'd have to find highly correlated stuff.

Re: An Update from Elon Musk

#77
post #68

Earlier quoted context omitted.

Really? That's the direction you took? You realize what Tesla is doing is going to destroy the oil economy - dependency on oil for cars - and practically eliminate the need to pay for re-fueling your car once you own it? Or is it that you just don't believe it?

> Really? That's the direction you took? You realize what Tesla is doing is going to destroy the oil economy - dependency on oil for cars - and practically eliminate the need to pay for re-fueling your car once you own it? Or is it that you just don't believe it? Calm down:) All I was responding to was a couple of comments about working for below average wages, bad work environment and the performance of Tesla's stoc…

Tesla are setting up Supercharger stations to refuel cars. From my understanding they are garage-port like things with solar panels on them, that recharge themselves. Solar cells can last a long time, and the technology will continue to improve. For climates with less sun there will likely need to be an alternate method of generating energy, though that will all be figured out. Read the following for details of I'm talking about, re: free to refuel your car - http://finance.yahoo.com/news/tesla-motors-launches-revoluti...

Re: An Update from Elon Musk

#78
post #48

Earlier quoted context omitted.

Stock options plan would be another thing to look at a bit more closely.

Agreed, with their disappointing stock performance from the beginning of the year on, stock options would definitely be one thing to really examine and determine if they would be worth anything at all.

Of course one should determining what one thinks the stock options will be worth in the future, but the current stock performance has little bearing on that.

Re: An Update from Elon Musk

#79
post #9

What a timing - "Romney Calls Tesla a ‘Loser’" in first debate: http://www.wired.com/threatlevel/2012/10/romney-tesla-loser/

That makes me think that the DOE wanting to accelerate the loan repayments was a purely political decision. Wasting money on Solyndra in this economy makes Obama vulnerable - using Telsa as a success story would go far to mitigate that, and news of accelerated loan payments is soundbite-y enough for that purpose.

I read it similarly, though I saw it more as the DOE having an "oh crap" moment and wanting to get itself out from under these loans that have been at the center of controversy and get back under the radar. I'm not sure how much micromanaging is going on when it comes to these loans from the White House, but I would bet that the heads at the DOE don't want any more heat.

Re: An Update from Elon Musk

#80

Earlier quoted context omitted.

I'm guessing, but the culture clash might come from an intersection of "car factory" meets "startup mindset", with the latter introducing an against-all-odds urgency. If you want to put a rocket in space or create the first viable electric car company, you probably can't initially go home at 5pm. You're probably less forgiving of those that can't keep up with the insane pace. Here's hoping it calms down, and that the…

Hogwash. If you can't do something at a sustainable pace, you can't do it at all. In startup environments crunch time has a nasty tendency of becoming normal time, and you get nosediving morale, massively increased attrition, and lower overall productivity. It's lose-lose all around. So sure, in a startup you'd expect some late nights. When late nights become the norm though, you are now officially in dysfunctional c…

Hogwash. You can’t even start a new bank on bankers hours much less spaceship company, or more prosaically a restaurant.

Companies are founded on the time and passion of their earliest members.

Obviously burnout is a problem from day one, and the trick to building a company for the long haul is to move from zero to a monetarily sustainable enterprise while at the same time moving from insane hours to viable ones, and to do it fast enough that you don’t burnout the whole company before you get there. It’s not an easy trick.

Post reply on HN