121–130 of 884 posts
>According to Musk, he calculated the $420 price per share based on a 20% premium over that day’s closing share price because he thought 20% was a “standard premium” in going-private transactions. This calculation resulted in a price of $419, and Musk stated tha the rounded the price up to $420 because he had recently learned about the number’s significance in marijuana culture and thought his girlfriend “would find…
Earlier quoted context omitted.
> If Elon Musk is removed as CEO at Tesla, Tesla is over. What if Tesla's progress wasn't because of Musk, but in spite of Musk? He's chased away dozens of key people and his intolerance for criticism is well known. Apart from attracting cash, do you really think his contribution to the operation was that significant? > I find it curious that an innovative American company pushing to help our carbon problem by going…
> What if Tesla's progress want because of Musk, but in spite of Musk No way that's true. No way. If you believe that then you must also believe SpaceX and him leading the company to create re-usable rockets was also just a fluke. So Musk somehow just stumbled upon a highly successful, innovative, and cost-effective private rocket company, while also stumbling upon the first new American company to survive (for now,…
My opinion is that this success has clouded his judgment.
"Everybody told me SpaceX can't work, and I made it work. Everybody is telling me $THING at Tesla can't work, therefore I know I'll make it work, and everybody else must be wrong".
SpaceX was a novel endeavor. Building a car production plant is not.
A short while ago (per my comment history), I asked whether Elon Musk should remain as CEO of Tesla. I think, for my part, the answer is clearly no. He might be brilliant, he has undeniably had a hand in creating something awesome with Tesla and SpaceX's technology, but he's now a danger to the very thing he helped build. This is just one of the lawsuits filed against him or Tesla in recent weeks that have him as the…
A short while ago (per my comment history), I asked whether Elon Musk should remain as CEO of Tesla. I think, for my part, the answer is clearly no. He might be brilliant, he has undeniably had a hand in creating something awesome with Tesla and SpaceX's technology, but he's now a danger to the very thing he helped build. This is just one of the lawsuits filed against him or Tesla in recent weeks that have him as the…
If Elon Musk is removed as CEO at Tesla, Tesla is over. I find it curious that an innovative American company pushing to help our carbon problem by going electric is so lambasted, shorted, constantly under attack. It cannot be argued that Tesla pushed forward both electric cars and self-driving vehicles as a major force (original self-driving push was a DoD X-Prize) Personally I like when American companies succeed a…
As of now, it looks very likely that Tesla can produce the Model 3 at scale. The current drought in production appears to be due to a shortage:
https://moneymaven.io/mishtalk/economics/force-manure-tesla-...
That's bad news for Tesla's fiscal situation, but a shortage of semiconductor wafers isn't indicative of some major flaw in the actual manufacturing process. Also, Tesla currently dominates the market for these wafers:
https://www.reuters.com/article/us-infineon-technol-results-... https://semiengineering.com/sic-chip-demand-surges/
which suggests that any potential competitors will face the same limitations, because SiC inverters dramatically improve the performance of electric motors:
https://www.eetimes.com/document.asp?doc_id=1330491
The global supply chain has to adapt to high demand for high-powered electric motors.
Anyway, once Tesla has successfully produced and sold a mass-market car, the need for a mythical figure at the top fades away. Since it looks like they're close to doing that, they're also close to doing away with Elon.
What if it was true, what if he was working with a group to secure funding to take the company private? Would that make the claim that he was 'deceiving' the investors invalid? I don't really know anything about this kinda thing but I would think if he was just saying that he was working towards that goal but deiced not to do it wouldn't be 'deceiving.'
This comment I made a few weeks ago is coming alot closer to the truth than I would have expected. I hope for Space X and Tesla's sake that the reports of a directory and Executive ban don't come true. https://news.ycombinator.com/item?id=18016250#18016292 SpaceX is doing well, Tesla has pulled itself back from the brink and may actually become a profitable car company. All Elon had to do was keep his head down and n…
I'd hope the company itself would be fine. I really hate this idea of the grand visionary. A good friend of mine who is a mechanical engineer despises Musk. I listened to a bit of his Joe Regan interview and when Regan asked him how he has the time to do all of the things he does, there are smoke jokes about him being an alien, but not once did he say, "Well I have an amazing team of engineers" and credit all the tho…
Yes. Jobs as local despot acted as a curb to bad decisions. Jobs had a vision which acted as a countervailing force to keep Apple from being completely sucked into being a money grubbing luxury goods company.
the core people that make and design all their overpriced, planned obsolescence devices are still there, often uncredited, while everyone else likes to focus on the captain of a ship.
We know from the historical record that Jobs had quite good judgement, even in technical fields, and we know that he countermanded and convinced executives and managers to steer them in the right direction. I suspect that the Apple of today is descending into being just a money-grubbing luxury goods company.
A short while ago (per my comment history), I asked whether Elon Musk should remain as CEO of Tesla. I think, for my part, the answer is clearly no. He might be brilliant, he has undeniably had a hand in creating something awesome with Tesla and SpaceX's technology, but he's now a danger to the very thing he helped build. This is just one of the lawsuits filed against him or Tesla in recent weeks that have him as the…
If Elon Musk is removed as CEO at Tesla, Tesla is over. I find it curious that an innovative American company pushing to help our carbon problem by going electric is so lambasted, shorted, constantly under attack. It cannot be argued that Tesla pushed forward both electric cars and self-driving vehicles as a major force (original self-driving push was a DoD X-Prize) Personally I like when American companies succeed a…
Sure it can. Tesla has done basically nothing for self-driving cars, it's technology is glorified lane-keeping. As to electric cars, the Model S is the third best-selling electric car ever, after the Nissan Leaf and the Chevy Volt. Both of those cars were introduced before the Model S. Electric cars are not yet mainstream, but when the become mainstream, they're going to look a lot more like a Chevy Volt than a Model S or Model 3. (The sport-sedan market Tesla is targeting is a niche, even if a very lucrative one. What people really want is a $25,000-35,000 small cross-over SUV or pickup truck.)
This comment I made a few weeks ago is coming alot closer to the truth than I would have expected. I hope for Space X and Tesla's sake that the reports of a directory and Executive ban don't come true. https://news.ycombinator.com/item?id=18016250#18016292 SpaceX is doing well, Tesla has pulled itself back from the brink and may actually become a profitable car company. All Elon had to do was keep his head down and n…
I'd hope the company itself would be fine. I really hate this idea of the grand visionary. A good friend of mine who is a mechanical engineer despises Musk. I listened to a bit of his Joe Regan interview and when Regan asked him how he has the time to do all of the things he does, there are smoke jokes about him being an alien, but not once did he say, "Well I have an amazing team of engineers" and credit all the tho…
If you look at the recent BFR video on the SpaceX channel, early on he gives an update on the technology, and there's a part where he takes much longer than the audience cares for to praise the job SpaceX' propulsion engineering team did on the new engine. And you can very easily tell it's genuine respect and gratitude (probably because he had to be more hands-off due to time constraints), not marketing fluff. He's certainly not above crediting people at his company.
Earlier quoted context omitted.
He may deserve that, but I believe that public perception is that Elon Musk is Tesla. In the same way that Bill Gates was Microsoft and Steve Jobs was Apple, Musk commands a huge moral force (in a Clausewitz sense... https://en.wikipedia.org/wiki/Carl_von_Clausewitz ). Fire Musk and you need to hire a press team, rebrand, and basically become seen as a stuffy company instead of the hip trendy up-and-comer. How much p…
The difference with Gates and Jobs is Tesla has not delivered, i.e. it has not become profitable enough to guarantee success in the future. At this point he's indispensable. (There is also the thought that without him Tesla does not have an advantage vs cheaper competitors from all around the world)