Elon Musk and Tesla Might Not Have to Worry About the SEC https://www.bloomberg.com/news/arti...-about-the-sec?cmpid=BBD082418_MKT&utm_medium
So what is it like working for Elon? "Staff meetings with Musk, according to another source, aren’t that far afield from the infamous Trump cabinet meeting in which members went around the table praising the president and thanking him for the privilege. And when Musk makes promises about a car’s capabilities that aren’t realistic, he’ll double down. “He is very difficult to move off his stance,” says the source. “He’ll say, ‘The car can do X, Y or Z,’ and yes, that is possible — two decades from now,” the source said. “He bases his argument on the physically possible rather than the practical reality.” https://nypost.com/2018/08/23/tesla-insiders-say-its-a-s-tshow-under-beleaguered-elon-musk/
But Steve never had 11 consecutive quarters with a loss. He knew his Job(s). Steve was playing in a completely different (professional) league.
Don’t sweat the losses. That’s the cost of substantial growth in a new technology. The bet is that he will earn 100x what his losses are. If he succeeds he will. Though I think he is likely to fail.
Kind of funny how his fans reacted to the going private news: 2 weeks ago: going private makes sense now: staying public is much better
Well guys, guess which unhinged billionaire doubled down on his unsubstantiated pedo claim with irrefutable logic? (he hasn't sued me, thus he must be guilty, and by the way, have you investigated him?) His fans literally begged him to log off Tweeter... Are you not entertained?? The Elon show would be the highest rated TV reality show...