TSLA corporate outlook

My Nissan Leaf Forum

Help Support My Nissan Leaf Forum:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
There are definitely similarities between Trump and Musk. Both are on a mission and not terribly concerned about what their detractors think.

Meanwhile: https://www.tesla.com/blog/company-update
 
Joe Rogan interview backlash provided another nice buying opportunity. Picked up another 40 shares in the morning after the interview.

Crazy quarter with news for TSLA, but most is just distractions. The company is pumping out cars at an incredible rate finally and when it shows that its doing so at a profit, the stock price will take off.
 
LTLFTcomposite said:
There are definitely similarities between Trump and Musk. Both are on a mission and not terribly concerned about what their detractors think.

Meanwhile: https://www.tesla.com/blog/company-update
That Jerome Guillen promotion is a good one. It might not be much known here at MNL, but he earned a great deal of respect among the Tesla early adopter community, during the launch of the Model S, by constructively engaging with owners.
 
LTLFTcomposite said:
There are definitely similarities between Trump and Musk. Both are on a mission and not terribly concerned about what their detractors think.
Trump is a fascist psychopath, while Musk is a benevolent industrial genius.

But sure, Trump does not care who he harms while engaging in pedophilia or tearing babies away from their mothers and dumping them in detention camps; while Musk does not care if people see him taking a a draft of marijuana. And Musk wants to colonize Mars to ensure the survival of the species while Trump wants to be a dictator. I can see how someone like you would then try to equate these two people.
 
SageBrush said:
LTLFTcomposite said:
There are definitely similarities between Trump and Musk. Both are on a mission and not terribly concerned about what their detractors think.
Trump is a fascist psychopath, while Musk is a benevolent industrial genius.
I'd say he's more of a bombastic, posturing narcissist. OTOH, I'm obviously not the first to notice at least a physical resemblance to a certain earlier individual with most of the same character traits, so you may be right: https://www.google.com/search?q=tru...dAhVR1qwKHbrVDwQQsAR6BAgEEAE&biw=1366&bih=662

They're both big fans of the 'raised, jutting chin with a frown' look. As for Musk, I'd be more impressed with his benevolence if Tesla's work environment, especially in the factory, didn't violate pretty much every tenet of work/life balance there is. It's possible to be driven and not be an asshole. Especially recently, Elon seems to have gone over the edge more than a little - I mean, aside from the toke, what the hell is the whole vendetta (with absolutely no evidence presented, mind) about that British cave diver about, not to mention some of his comments about short sellers have me wondering just when he'll start rolling ball bearings in his hand and raving about strawberries:

https://www.youtube.com/watch?v=ZlV3oQ3pLA0

[Edited to clean up some typos]
 
LTLFTcomposite said:
There are definitely similarities between Trump and Musk. Both are on a mission and not terribly concerned about what their detractors think.

Meanwhile: https://www.tesla.com/blog/company-update


Apples to ORANGES- LOL!
 
Via IEVS:
Tesla’s Response To Hurricane Florence: Free Charging, More Battery
https://insideevs.com/tesla-hurricane-florence-free-supercharging-battery/

As for Hurricane Irma last year. Also IEVS:
Free Tesla Supercharging Through Referral Ends September 16
https://insideevs.com/free-tesla-supercharging-ends-september-16/

They're also reducing paint color options from 7 to 5:
Elon Musk announced that Tesla needs to drop two out of seven possible colors – Obsidian Black and Metallic Silver – from the base offer, to simplify manufacturing.

Both colors still will be available to order, but as a special request and will cost more. We believe that the time of delivery could be then increased a little bit (as in the case of most all special orders) if you choose either of these special colors.

Elon Musk encourages that there will be no problem with spare parts in all colors, even those which were removed from the base pool.
 
Tesla's Finance Team Is Losing Another Top Executive
https://www.bloomberg.com/news/articles/2018-09-12/tesla-s-finance-team-is-said-to-be-losing-another-top-executive

Justin McAnear, vice president of worldwide finance and operation, is parting ways with the electric-car maker, said the people, who requested anonymity because the information hadn’t been made public. McAnear confirmed his last day at Tesla will be Oct. 7 in a statement obtained by CNBC.
(same guy) Yet another finance executive is leaving Tesla
https://www.cnbc.com/2018/09/12/yet-another-finance-executive-is-leaving-tesla.html

Musk apologizes for snags in Model 3 delivery information
https://finance.yahoo.com/m/70735dd2-8017-3292-8267-5a578f4800cf/musk-apologizes-for-snags-in.html

McAnear was brought up in the above along with:
Last week David Morton, chief accounting officer, stepped down after only a month on the job at Tesla Inc. The company said in a regulatory filing that Morton was leaving due to the level of public scrutiny and the pace at the company but not over any disagreements with Tesla's leadership or its financial reporting.

That followed a report on Friday that Gabrielle Toledano, head of human resources, would not return to Tesla after a leave of absence. And communications chief Sarah O'Brien confirmed that her last day on the job was Wednesday. She wouldn't give a reason for her departure, which she said has been in the works for two months.
 
https://finance.yahoo.com/video/nio-raises-1-billion-ipo-210253350.html

This is an indication of how important others see this market going forward. With backing from the Chinese government they'll be able to dump cars at a loss and put Tesla out of business, then they'll own the market... unless somebody with a set fights back and imposes tariffs to stop the dumping.
 
Fire at Tesla's Gigafactory briefly disrupts production
https://www.engadget.com/2018/09/16/tesla-gigafactory-fire/

Musk says Tesla has gone from "production hell" to "delivery logistics hell"
https://www.cnbc.com/2018/09/16/reuters-america-musk-says-tesla-has-gone-from-production-hell-to-delivery-logistics-hell.html
https://www.cnbc.com/2018/09/17/reuters-america-update-1-musk-says-tesla-now-in-delivery-logistics-hell.html
 
LTLFTcomposite said:
https://finance.yahoo.com/video/nio-raises-1-billion-ipo-210253350.html

This is an indication of how important others see this market going forward. With backing from the Chinese government they'll be able to dump cars at a loss and put Tesla out of business, then they'll own the market... unless somebody with a set fights back and imposes tariffs to stop the dumping.

Yes someone can impose tariffs and then take them back and impose them again. All auto makers should be scared not just diversified ones like Tesla because everyone in the US wants a Chinese car. I expect this to crush Tesla by next year.
 
Via IEVS:
Tesla Ups Supercharger Idling Fee, Adds In-Car Payment Option
https://insideevs.com/tesla-ups-supercharger-idling-fee/

. . . The idling fee increased from $0.40/minute in the U.S. (since 2016) to $0.50/minute or $1.00/minute (if all of the stalls are occupied). . . .


Fees also for cars with Unlimited Free Supercharging

Cars with assigned Free Unlimited Supercharging for long-distance travel can use the stations free of charge, but to be fair to other customers, those cars are not allowed to park at Superchargers, so if they exceed the 5-minute period after the car is charged, an idle fee will be added.


$50 cap

The update envisions a $50.00 cap on Supercharging/Idle fees, which means that the feature of Supercharging will automatically be disabled if an outstanding balance exceeds $50.00.


In-car Payment

Another change is the addition of in-car payment in the Tesla Model S, Model X and Model 3 cars so the owner will be able to assign credit card information and pay the bill from the touchscreen.

Payments were previously available through the owner’s Tesla Account page (MyTesla page).
Good move. There's a list showing idle fees by country. Can't post it due to SQL errors (probably different currency signs).
 
Via GCR:
Tesla's head of global supply reportedly resigns in continuing exodus from automaker
https://www.greencarreports.com/new...y-resigns-in-continuing-exodus-from-automaker

. . . The departure of Liam O'Connor, Tesla's VP of global supply management, was first reported by Bloomberg, which cited anonymous sources who weren't authorized to speak publicly about the departure.

A representative from Tesla didn't immediately comment on the report.

O'Connor was hired away from Apple in 2015, where he was a senior manager for global supply management, according to his online work profile.

O'Connor's departure from Tesla would be the fifth high-ranking departure for the automaker this summer and would follow Chief Accounting Officer Dave Morton's departure this month less than a month after taking the job, chief human resources officer Gabrielle Toledano's exit, and communications VP Sarah O'Brien's withdrawal. John McAnear, Tesla's VP of worldwide finance, announced he would leave in early October. . . .
 
https://www.cnbc.com/2018/09/27/tesla-falls-4percent-on-report-elon-musk-sued-by-sec.html

Tesla CEO Elon Musk has been sued by the Securities and Exchange Commission for fraud, according to court documents filed Thursday. Sources close to the company told CNBC the company was also expecting to be sued, though Tesla was not named as a defendant in the complaint.

Shares of the automaker fell about 11 percent in extended trading Thursday. The stock is roughly 30 percent below its 52-week high of $387.46.

The SEC complaint alleges that Musk issued "false and misleading" statements and failed to properly notify regulators of material company events. The SEC held a press conference Thursday evening regarding the complaint.

Among other remedies, the SEC is seeking to bar Musk from serving as an officer or director of a publicly traded company if found guilty.
 
Steve Jobs was known for the same, by most accounts quite worse. But that doesn't disallow a person the status genius nor disallow for an ultimately very successful and profitable company.
 
iPlug said:
Steve Jobs was known for the same, by most accounts quite worse. But that doesn't disallow a person the status genius nor disallow for an ultimately very successful and profitable company.

At least Steve Jobs designed/invented the technology that made him rich and famous (even if he had some help). Elon Musk did not start Tesla, he did not invent any of their tech, he was not responsible for the company's vision (originally), and as far as I know, he didn't even design any of the vehicles (correct me if I'm wrong). He came into Tesla after the fact with his PayPal money that he scammed off of people (research it yourself). He dumped it into Tesla and eventually made sure the original founders got the boot. This is why I do not understand everyone's fascination with Musk. I'm willing to give him a bit more credit with what he has done with Space X, but not Tesla and I think that's the company most people associate him with. At the end of the day, Tesla is simply a car company folks, nothing more and nothing less, and Elon just happens to be the current guy running the company. Car company executives are replaced all the time, it's part of the job.
 
tattoogunman said:
I'm willing to give him a bit more credit with what he has done with Space X

Oh, not me. I know of him and his tactics personally in both arenas. All he did in founding SpaceX was poach extremely good talent from other small launch companies after failing to buy/push his way in to an existing one. His original goal, no doubt in my mind at all, was to mirror exactly what he did with Tesla. I'm glad my (now former) boss sent him packing, even though the smarter move in retrospect (and my opinion only) would have been to take the money and leave him to it.
 
Back
Top