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Tesla Tanks After Goldman Downgrades to Sell

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Re: Tesla Tanks After Goldman Downgrades to Sell

#72

Earlier quoted context omitted.

you're avoiding the question. Name someone else that has done more impressive things than what Elon has already accomplished.

Ben Franklin Thomas Edison Ghandi

It's 'Gandhi'.

Re: Tesla Tanks After Goldman Downgrades to Sell

#73
post #62

Earlier quoted context omitted.

you're avoiding the question. Name someone else that has done more impressive things than what Elon has already accomplished.

Sure. Alistair Pilkington and Arthur Fowle, between the two of them invented the technologies used to create almost all glass. It might not seem like it's high impact, but from the glass in office buildings, to automotive glass, to smartphone/tablet/TV glass, two highly impactful people who touched more than Elon Musk has. Allan Alcorn invented Pong. It spawned and inspired an industry that grew to almost $100 billio…

sorry, but those people are just not on the same level.

Re: Tesla Tanks After Goldman Downgrades to Sell

#74
post #62

Earlier quoted context omitted.

Sure. Alistair Pilkington and Arthur Fowle, between the two of them invented the technologies used to create almost all glass. It might not seem like it's high impact, but from the glass in office buildings, to automotive glass, to smartphone/tablet/TV glass, two highly impactful people who touched more than Elon Musk has. Allan Alcorn invented Pong. It spawned and inspired an industry that grew to almost $100 billio…

sorry, but those people are just not on the same level.

I literally laughed out loud at this. Obviously greatness is subjective, but you are really reaching if you think someone saving a billion lives isn't 'on the same level' as Elon Musk who has yet to go to the moon (although I'm sure he will), who has yet to make a profitable car company (this one I'm not so sure about), who has yet to change the energy infrastructure of the world (he's chipping away at this one steadily).

The important thing about history is it's written after the fact. If Elon Musk died today he would be remembered for his work at PayPal and starting several ambitious companies before they achieved financial success. I'd wager that if he died today all of his companies would fail and he would be remembered for trying to do too much and working himself to death before he achieved his goals. He could very well end up as a Greek tragedy.

Re: Tesla Tanks After Goldman Downgrades to Sell

#75

It baffles me how all these smart people completely don't get Elon or Tesla. Maybe it's hard to understand for some that money is not the ultimate motivator? I'm pretty sure that Tesla could be a profitable company today if they stopped all investments and just focused on selling amazing Model S (who needs AP2?) (best car ever made in opinion of many reviewers!). But they're a tech company that happens to make cars (…

> Maybe it's hard to understand for some that money is not the ultimate motivator?

Except that's the whole point of the market. Companies have a fiduciary responsibility to their shareholders. The company has to be motivated by money and growth. Maybe they'll pump out dividends. Maybe they'll take over the world first like Amazon and then pump out tons of cash. Either way - it still always boils down to money.

If a company doesn't care about money, they can be taken over. Their stock price can suffer. Going public means you've decided to be scrutinized. For better or worse.

Re: Tesla Tanks After Goldman Downgrades to Sell

#76
post #50

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Steve Jobs personal computer modern smartphone Jeff Bezos Online commerce Cloud computing Wayne Huizenga Waste management Video rentals Auto sales

C'mon, Elon has surpassed all of these guys. Steve Jobs comes the closest, but he was a brilliant designer, not an engineer like Elon. Wayne Huizenga is an interesting character, obvious business genius, but nothing like Elon. Jeff Bezos is brilliant at executing, but he has only really built one company, and is dabbling/nowhere close to what Elon accomplished with space ventures.

Actually Elon isn't an engineer, he has Bachelor of Science degrees in Physics and Economics (Wharton) as well as 2 days worth of a PhD in Applied Physics and Materials Science (Stanford).

What I didn't know was that Jeff Bezos actually does have an engineering degree, a Bachelor of Science in Engineering (Princeton).

Re: Tesla Tanks After Goldman Downgrades to Sell

#78

It baffles me how all these smart people completely don't get Elon or Tesla. Maybe it's hard to understand for some that money is not the ultimate motivator? I'm pretty sure that Tesla could be a profitable company today if they stopped all investments and just focused on selling amazing Model S (who needs AP2?) (best car ever made in opinion of many reviewers!). But they're a tech company that happens to make cars (…

If you're planning on holding onto the stock long term, the best advice is to just ignore this and ride it out.

The issue is that mass market auto making is hard, it's intensely regulated, and it has a large potential to cost alot of money to build a factory, acquire the parts you need, and handle any liability issues. Their job is to be skeptical and that makes sense as they're lending out billions of dollars to a company that's going to need tens of billions to get everything working.

Re: Tesla Tanks After Goldman Downgrades to Sell

#79
post #76

Earlier quoted context omitted.

C'mon, Elon has surpassed all of these guys. Steve Jobs comes the closest, but he was a brilliant designer, not an engineer like Elon. Wayne Huizenga is an interesting character, obvious business genius, but nothing like Elon. Jeff Bezos is brilliant at executing, but he has only really built one company, and is dabbling/nowhere close to what Elon accomplished with space ventures.

Actually Elon isn't an engineer, he has Bachelor of Science degrees in Physics and Economics (Wharton) as well as 2 days worth of a PhD in Applied Physics and Materials Science (Stanford). What I didn't know was that Jeff Bezos actually does have an engineering degree, a Bachelor of Science in Engineering (Princeton).

You don't have to have a formal education to be considered an engineer. His bio says "engineer, inventor, explorer" http://www.biography.com/people/elon-musk-20837159

Re: Tesla Tanks After Goldman Downgrades to Sell

#80
post #76

Earlier quoted context omitted.

Actually Elon isn't an engineer, he has Bachelor of Science degrees in Physics and Economics (Wharton) as well as 2 days worth of a PhD in Applied Physics and Materials Science (Stanford). What I didn't know was that Jeff Bezos actually does have an engineering degree, a Bachelor of Science in Engineering (Princeton).

You don't have to have a formal education to be considered an engineer. His bio says "engineer, inventor, explorer" http://www.biography.com/people/elon-musk-20837159

I disagree, being an engineer is similar to being a doctor, meaning you go through training and take an oath before officially becoming one. I wouldn't consider a colleague an engineer if they didn't take the engineering oath.
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