I have recently listened to the interview Musk gave about 3 weeks ago on podcast Moonshots. A horrible experience! I do not recommend it to anyone. 3 hours of bragging about AGI, which will emerge in a year (as everything that Musk promises is 1 to 3 years away), and solve all problems of humankind! Literally everything: health, education, energy, space travels and anything you can imagine will be handled by AGI, which will bring us prosperous, happy and amazing future.
The amount of bullshit was enormous, but it led me to an interesting question. What if AGI, smarter than all people combined, really appeared, manifested itself to Musk and told him: "Dear Elon, I thoroughly analysed your situation, your behaviour, and here is my advice: Drop all your moronic ideas and start using your wealth for doing something useful for the people." Would he obey?
Tesla is a public company. At some point it has to start reporting losses. But I don't know when that will be or whether it will be enough to disillusion the faithful.
SpaceX will probably launch an IPO this year. I wonder how that will affect Tesla? Some possibilities?:
1) The Musk fans will shift their interest (and their stock investments?) to the much more inviting SpaceX ?
2) Musk will spend less time than ever on Tesla. That could be good, except it needs a "Hail Mary" to give it any chance of flourishing, and what talent would want to join Tesla now?
I own low $five-digits of Tesla myself. I'm considering issuing a Stop Order to sell if it falls to around $401.
Tesla has been a meme stock for several years. The board clearly understood this and that is why they approved the pay package because they knew the stock would drop by a factor of 10 if evaluated on fundamentals. I'm still trying to understand why all these institutional investors are loaded up. Are they playing a game of chicken or do they actually buy the hype?
Tesla energy was in part because they were recycling bad batteries from the car line. They used anything that was damaged or failing QA into the power walls. But now better products are out there and as sales of ev slow they have less scrap to feed energy services. Tesla missed the opportunity to get into drones and they screwed up Hyperloop and the boring company.
What is also a concern is that Tesla has liability on leases as the value of used teslas fall they have liability for leases
There is also liability in tesla insurance. As FSD kills people they have risk on the damage
I have recently listened to the interview Musk gave about 3 weeks ago on podcast Moonshots. A horrible experience! I do not recommend it to anyone. 3 hours of bragging about AGI, which will emerge in a year (as everything that Musk promises is 1 to 3 years away), and solve all problems of humankind! Literally everything: health, education, energy, space travels and anything you can imagine will be handled by AGI, which will bring us prosperous, happy and amazing future.
The amount of bullshit was enormous, but it led me to an interesting question. What if AGI, smarter than all people combined, really appeared, manifested itself to Musk and told him: "Dear Elon, I thoroughly analysed your situation, your behaviour, and here is my advice: Drop all your moronic ideas and start using your wealth for doing something useful for the people." Would he obey?
Tesla is a public company. At some point it has to start reporting losses. But I don't know when that will be or whether it will be enough to disillusion the faithful.
SpaceX will probably launch an IPO this year. I wonder how that will affect Tesla? Some possibilities?:
1) The Musk fans will shift their interest (and their stock investments?) to the much more inviting SpaceX ?
2) Musk will spend less time than ever on Tesla. That could be good, except it needs a "Hail Mary" to give it any chance of flourishing, and what talent would want to join Tesla now?
I own low $five-digits of Tesla myself. I'm considering issuing a Stop Order to sell if it falls to around $401.
I hear Canada has just cut a deal to import Chinese EVs. Another Tesla (and US auto) market undercut.
Tesla has been a meme stock for several years. The board clearly understood this and that is why they approved the pay package because they knew the stock would drop by a factor of 10 if evaluated on fundamentals. I'm still trying to understand why all these institutional investors are loaded up. Are they playing a game of chicken or do they actually buy the hype?
Heres a song that sort of sums up Elon Musk
https://www.facebook.com/share/r/18B9Fjt4Fw/
Tesla energy was in part because they were recycling bad batteries from the car line. They used anything that was damaged or failing QA into the power walls. But now better products are out there and as sales of ev slow they have less scrap to feed energy services. Tesla missed the opportunity to get into drones and they screwed up Hyperloop and the boring company.
What is also a concern is that Tesla has liability on leases as the value of used teslas fall they have liability for leases
There is also liability in tesla insurance. As FSD kills people they have risk on the damage
I was looking at some videos of the Chinese EV car factories. Huge, not one person in sight, and dark, because robots don't need light. Creepy.
Puts American manufacturing plants to shame, really.