TSLA - Here we go again.....

Discussion in 'Stocks' started by syswizard, Nov 17, 2017.

  1. Turveyd

    Turveyd

    Don't know, he flew with rocket scientists to buy rocket engines, they turned him down, annoyed at this he'd sketched out accurate designs for a rocket, blew the rocket scientists minds.

    I like his sense of humour to, rocket explodes on the lauch pad, 100mil+ gone and he's like lol that was interesting. BFR big fucking rocket, everyone else plays it safe, he just thinks big and goes for it.
     
    #21     Nov 21, 2017
  2. Pekelo

    Pekelo

    Playing easy come easy go with other people's money is rather easy. If you think about it, he hasn't made the world a better place yet. The hyperloop and the Boring company are incredibly stupid ideas and the waste of money and energy. Tesla is so far only making expensive cars for the rich. (yes, even the M3 at 45K isn't a cheap car) His Solar company went bankrupt. On SpaceX the jury is still out if it can be profitable, but the whole Mars idea is again, just wasting resources on something not needed. The energy Wall was the only good idea so far that had practical uses, yet they can't make it profitably and nobody is buying it. Read their earnings report.

    Why not make our life better and easier and for god's sake, cheaper? I wouldn't even mind if he is wasting money if it is somehow good for the masses, but he hasn't done it yet, and with the new Roadster he is going in the opposite direction...

    He is the biggest business conman in the 21st century...
     
    #22     Nov 21, 2017
  3. Turveyd

    Turveyd

    I do agree sadly, but atleast he's trying.

    I agree mars is a waste of money to, not going to find anything ground breaking or what will improve the human race, even the tech made likely won't impact us, we have enough tech already, unlike the moon landings.
     
    #23     Nov 21, 2017
    Pekelo likes this.
  4. Cuddles

    Cuddles

    http://www.newsweek.com/tesla-fired-employees-criticize-elon-musk-722568

    Dozens of axed employees told the San Jose Mercury News that Tesla wants to coerce them into separation agreements that would prevent them from speaking critically about the company, its executives and its products. Dozens of axed employees told the San Jose Mercury News that Tesla wants to coerce them into separation agreements that would prevent them from speaking critically about the company, its executives and its products. The agreement specifically seeks to stop them from criticizing Musk, the workers said. In exchange, they will get two weeks severance.

    I'm noticing a pattern here.. First when he pushed the Tesla founders out he asked for the same terms, then when he sued top gear and predictably got laughed out of court.
     
    #24     Nov 27, 2017
  5. truetype

    truetype

    That's unremarkable. Lots of firms pay departing employees to refrain from conduct that damages the company.
     
    #25     Nov 27, 2017
  6. No surprise here....this is classic Elon....always trying to be in complete control.
    No wonder he can't keep a woman...LOL !!
    https://www.ranker.com/list/elon-musk-loves-and-hookups/celebrityhookups

    What happens when he can't meet the production deadlines for the model 3 ?
    https://www.wired.com/story/musk-model-3-tesla-production-delays/

    What happens when there are cost overruns ?
    http://autoweek.com/article/green-c...s-are-costing-company-8000-minute-report-says

    What happens when the quality does not meet expectations ?
    “After digging into the data reported by more than 1,500 Tesla Model S owners, we expect the Model 3 should have average reliability. However, since the Model 3 is a new model, we don't expect the above average reliability we are seeing on the Model S.”
    https://www.consumerreports.org/car...tisfaction/tesla-model-s-model-3-reliability/

    Lots of downside here IMHO. Elon's major achievements recently has been his ability to gun the shorts like Jim Chanos....LOL !
     
    #26     Nov 27, 2017
  7. newwurldmn

    newwurldmn

    I just bought a model S. it will change the world the way the iMac changed the world. The real innovation of the iMac was that it made a USB port (a technology intel developed like 8 years earlier) the standard and that fostered a lot of innovation with respect to consumer electronics.


    Tesla will do the same.
     
    #27     Nov 28, 2017
  8. Pekelo

    Pekelo

    In 1975 I bought a Kodak digital camera. (not really, but you can guess where this is going) It was going to change the world. Except Kodak wasn't there for the ride and entered bankruptcy, when everyone else was taking digital pictures. "September 3, 2013 Kodak announces that it has emerged from Chapter 11 Bankruptcy Protection as a company focused on serving commercial customers."

    So when Tesla goes bankrupt, Apple or Uber is going to buy them out for a 2 digit price.
     
    Last edited: Nov 28, 2017
    #28     Nov 28, 2017
  9. newwurldmn

    newwurldmn

    Perhaps tesla won't survive - apple only survived when they pivoted to consumer.

    But they will change the world.
     
    #29     Nov 28, 2017
  10. Pekelo

    Pekelo

    But this thread is about that, not changing the world. They could change the world if they bring out a cheap, mass market (45K isn't mass market) EV that they make in a profitable fashion. But that ain't happening. Even the other automakers have trouble making EVs profitable that are better than an electric golfcart, so this is an universal challenge. But other carmakers have profits from other lines to fall back on, Tesla has SCTY that brings it even more down.
     
    #30     Nov 28, 2017