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An Update from Elon Musk

teslamotors.com

11–20 of 119 posts

Re: An Update from Elon Musk

#11
post #7

Earlier quoted context omitted.

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

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

Re: An Update from Elon Musk

#12
post #8
post #6

Earlier quoted context omitted.

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 go…

The government is a horrible VC or lender ...

What is the proof for this statement? I'm not asking what are the theoretical underpinnings of this worldview; what is the evidence which compels this conclusion?

Re: An Update from Elon Musk

#13
post #8
post #6

Earlier quoted context omitted.

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 go…

> The government is a horrible VC or lender, and the MuskCo's could do a lot better.

96% success rate is 'horrible'? http://www.greentechmedia.com/articles/read/what-abound-sola...

Re: An Update from Elon Musk

#14

Musk's public statements are the nicest and most logical ones I've seen made by a modern CEO. No sense of spin. Always a pleasure to read.

He's grounded, confident. Great role model. I hope he continues to be relatively transparent and lets us get to know him more.

Re: An Update from Elon Musk

#15
post #8
post #6

Earlier quoted context omitted.

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 go…

If I recall correctly, the DOE loan is very low interest rate, repayment is based on metric milestones, and at the time financing via traditional capital markets was fairly difficult for almost anyone.

Seems like Tesla got a great deal.

Re: An Update from Elon Musk

#16
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.

In the next month I'll be dumping money into getting a patent. Time will tell if that ends up being a better investment than into Tesla. Maybe I should try to get Elon as an advisor / investor. I'll have to hope to not get giddy when speaking to him if there's ever the possibility ...

Re: An Update from Elon Musk

#17
post #7

Earlier quoted context omitted.

I truly believe TSLA stock is a good investment. TSLA is on its way to be the Apple of car manufactures. $ whoami > nobody

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

An Elon Musk ETF? YES.

Re: An Update from Elon Musk

#18
post #7

Earlier quoted context omitted.

I truly believe TSLA stock is a good investment. TSLA is on its way to be the Apple of car manufactures. $ whoami > nobody

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.

Re: An Update from Elon Musk

#19
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.

Re: An Update from Elon Musk

#20
post #6
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.

Gimme a break. Every government with an auto industry to speak of has supported their auto indusstry at one time or another. And almost every government would love to have a company like tesla in exchange for a few loans that are about to be repaid.
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