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Tesla Q1 2020 Update

ir.tesla.com

281–290 of 391 posts

Re: Tesla Q1 2020 Update

#281

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To be clear, he tried to destroy an innocent man/hero's life because said guy dared criticize his attempt to take the glory for himself. He then doubled and tripled down on it and hired a fraudulent private investigator to prove it (he did not). There are those of us that care very much and find actions like that horrific, but we're in the silent minority apparently. It struck me as the actions of a sociopath. Why do…

> Why do you feel like that is appropriate behavior? Honestly, its a means to an end. He has beceome the defacto person for the EV movement, Mars colonization, and to a degree AI (for good or for bad). many have tried before him, but none had the savvyness or presence that he has. I worked for Kimabl and approached him several times while at work and I can tell you right now, I would never try that with Elon. My frie…

He’s not an epidemiologist. He’s not an engineer. He’s a businessman. And by pissing so many people off, he’s definitely not being a good businessman.

Re: Tesla Q1 2020 Update

#282
post #101

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I think Tesla falls firmly in “luxury good” and with mass unemployment, Tesla might see much less demand for much longer than just the lockdown.

I’ve personally gone from “should I upgrade from a Mazda 3 to a Tesla 3” to “Should I just not get a car at all once this lease is up?” In a shockingly short period of time.

I bought 2014 3 HB GT manual when it first came out. Even though I used to be a huge car guy, I just don't care to own nicer car. Maybe it's because I'm 40 and have owned nicer cars before.

Cars are so expensive these days, but a $25k compact car is so nice, why pay another $20k for incrementally nicer car?

Keep your Mazda 3 for 10 years. It's a good car.

Re: Tesla Q1 2020 Update

#283
post #275
post #271

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"There would be no Tesla brand without him." > Founded as Tesla Motors, Tesla was incorporated on July 1, 2003 by Martin Eberhard and Marc Tarpenning.

Yeah and who knew about it? Nobody.

Sure but being a good publicist doesn’t mean you’re a good CEO.

Re: Tesla Q1 2020 Update

#284

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You're forgetting about Battery Day next month! You will find out that Tesla hits $100/kWh, which means they'll be able to sell an electric car for the price of a gas one, without giving up range. You're also forgetting that what they're selling has no real competition, just like the iPhone didn't skip a beat through the 2008-2009 crisis. Also their full self-driving tech is ahead of everyone, including Alphabet. I t…

Ark's 24k/share translates to 4.4 Trillion. Would be worth more than most of the currently most valuable companies on earth now combined.

And how much of what the Fed is putting into the economy will end up in stocks? ;)

Of course, the Fed should just let bad companies fail! What they're doing will hurt the long-term prospects of the country as money is misallocated in zombie businesses, instead of in promising new companies with better technology.

This makes it even more important to invest in the few companies that are genuinely growing. It keeps you above inflation!

Re: Tesla Q1 2020 Update

#285

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I personally feel there's a big overlap between Jobs and Musk—but none more so than the fact that they had the key combination of sufficient intelligence, clear vision, high self-confidence and (most importantly) strong influence over corporate direction. One of my favourite Steve Jobs quotes is just after he returned to Apple and began dismantling the massive pile of legacy cruft. When asked about a particular (terr…

I don’t think Jobs was ever as irresponsible as Elon is. At least not publically.

Far more in many respects. Treatment of Wozniak, the Apple II project, refusing to correct his vision on the Macintosh, etc. Treatment of key employees. It became public enough.

Re: Tesla Q1 2020 Update

#286
post #54

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Plus, the price of gas has gone down significantly, hurting one of the benefits of electric cars.

Couple with this the massive glut of used cars thats about to get worse, the fact that many cities are seriously considering long term conversion of roadways to be pedestrian only and all the oil field pickups that are about to get repo'd (pertaining to the cyber truck). What I'd really like to know is what will happen to Tesla's vehicles if the company goes under? Like will they get bricked essentially? I sincerely…

Gov should require source-code escrow for certain technology and products...

Re: Tesla Q1 2020 Update

#287
post #136

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> Will Elon stop with tweets that hurt Tesla? Appoint a CEO, or COO to run things People have been saying that for years and years. It's beyond stale. Meanwhile Tesla and SpaceX have continued to succeed beyond expectations for over a decade now. If there's occasional twitter volatility in-between simultaneously landing two rockets returning from space... so be it. Besides, if it bothers you that much, you don't have…

Of course what Musk does matters. He's the CEO. And his erratic and reprehensible behaviour is degrading the Tesla brand as well as reaffirming the long held idea amongst shareholders that he is too unstable to be running the company.

>> And his erratic and reprehensible behaviour is degrading the Tesla brand as well as reaffirming the long held idea amongst shareholders that he is too unstable to be running the company.

Good point. Stock is collapsing relative to SPY and the Q1 report was just brutal, wasn't it?

Re: Tesla Q1 2020 Update

#288
post #3

Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…

He's probably tweeting MAGA adjacent memes to market the Cybertruck

Or perhaps he’s sincere, not sure why that is so unbelievable and everyone is imagining ulterior motives.

Re: Tesla Q1 2020 Update

#289

Earlier quoted context omitted.

I personally feel there's a big overlap between Jobs and Musk—but none more so than the fact that they had the key combination of sufficient intelligence, clear vision, high self-confidence and (most importantly) strong influence over corporate direction. One of my favourite Steve Jobs quotes is just after he returned to Apple and began dismantling the massive pile of legacy cruft. When asked about a particular (terr…

I don’t think Jobs was ever as irresponsible as Elon is. At least not publically.

Steve had personality flaws at least as severe as Elon. The difference was Steve was a much better showman and had a laser focus on the nuances of messaging. Whereas Elon embodies the age of Twitter.

Yes, there are plenty of specific events where any sensible person would have slapped Elon on the back of the head and told him to stop being an idiot. Ultimately though, Elon's "irresponsibility" is largely a problem within the press, the short-sellers and with regulators who are lobbied by aforementioned short-sellers. Whatever. Let them sook. It's not like any of Elon's failings have affected Tesla sales or SpaceX successes.

Re: Tesla Q1 2020 Update

#290
post #273
post #186

Serious question: I am confused as to why do we see so many comments lamenting, what is essentially freedom of speech of EM? I mean, it's not like he is conclusively wrong about "Free America Now" comment. He may be proven wrong over time or even right.

HN is the most "doomer" place on the net, vehemently anti free-speech and insanely jealous of Elon musk. This is the perfect storm.

Har. You must be from Zerohedge.
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