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Tesla - where do we go from here?


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#1 George Rowell

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Posted 01 June 2019 - 04:37 AM

Tesla has had an awful ride in the last quarter. Some call Elon Musk a con man and others a visionary. I am inclined to the latter. It seems that millennials could get bled badly for their support in the coming months.

https://markets.busi...19-5-1028163296
A doctor knows a little about a lot. A specialist knows a lot about a little. In time the doctor knows less and less about more and more and the specialist knows more and more about less and less until ultimately the doctor knows nothing about everything and the specialist knows everything about nothing.

#2 J-CA

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Posted 02 June 2019 - 09:53 PM

Down another 60 bucks since that article was published, I think I mentioned this is another thread about Telsa but I sold my stocks the instant I read that they were blaming their customers for autopilot crashes. It was bad PR but also just inexcusably immoral behaviour.
Ever since everything Musk has touched has been dying, he seems like a bad person so that's alright with me.

https://www.cnbc.com...e-watching.html
This article seems about right, the debt pile is just too high, might not end up bankrupt but seem likely to be scooped up by someone on the cheap. I thought they would turn it around after all the super-fast robots injuring employees foolishness was sorted out, but apparently not.
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#3 George Rowell

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Posted 02 June 2019 - 10:40 PM

I have been looking at Tesla shares the last year and concluded that the share price has been manipulated regularly. I do confess that on the latest down, at $192, I decided to get in and buy. Fortunately I had not filled in my W8 form and was delayed. Meanwhile the share price leveled out and everybody started waiting to see which way it would go - so I did too. Now it has eased another $6 down to $185.8.

The debt pile is enormous but there is a lot of sentiment moderating the share price. I am still dithering on this one.
A doctor knows a little about a lot. A specialist knows a lot about a little. In time the doctor knows less and less about more and more and the specialist knows more and more about less and less until ultimately the doctor knows nothing about everything and the specialist knows everything about nothing.

#4 J-CA

    Probably in one of my drunken stupors..

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Posted 02 June 2019 - 10:52 PM

View PostGeorge Rowell, on 02 June 2019 - 10:40 PM, said:

I have been looking at Tesla shares the last year and concluded that the share price has been manipulated regularly...
LOL, this is too much, everything is a conspiracy!
I am the burrito until someone hands me to a philosopher.

#5 George Rowell

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Posted 02 June 2019 - 11:16 PM

No conspiracy. Musk leaks rah rah rah letters, others shout doom and gloom and the smart investors can rely on regular seesaw price fluctuations. It is all just business and I think about that way. I don't really care why.
A doctor knows a little about a lot. A specialist knows a lot about a little. In time the doctor knows less and less about more and more and the specialist knows more and more about less and less until ultimately the doctor knows nothing about everything and the specialist knows everything about nothing.

#6 George Rowell

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Posted 02 June 2019 - 11:22 PM

Conspiracy laws should be abolished!
A doctor knows a little about a lot. A specialist knows a lot about a little. In time the doctor knows less and less about more and more and the specialist knows more and more about less and less until ultimately the doctor knows nothing about everything and the specialist knows everything about nothing.

#7 J-CA

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Posted 03 June 2019 - 08:22 AM

View PostGeorge Rowell, on 02 June 2019 - 11:22 PM, said:

Conspiracy laws should be abolished!
Haha, you've already stepped in on this topic on these forums before..
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#8 Practical Girl

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Posted 04 June 2019 - 07:33 PM

Tesla...Has a decent car model. A really stink-y sales model. Even worse- delivery. I love so much that Musk thinks he can revolutionize the car business- electric- but can't seem to manufacture it. Least of all at an affordable price. This is car fashion. They don't suck, any more than a super-cool designer suit doesn't suck. Anybody remember the DeLorean? Tesla might not die. But their creator will have to get his head out of clouds. That's not conspiracy. It's business.
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#9 LFC

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Posted 05 June 2019 - 10:07 AM

View PostPractical Girl, on 04 June 2019 - 07:33 PM, said:

Tesla...Has a decent car model. A really stink-y sales model. Even worse- delivery. I love so much that Musk thinks he can revolutionize the car business- electric- but can't seem to manufacture it. Least of all at an affordable price. This is car fashion. They don't suck, any more than a super-cool designer suit doesn't suck. Anybody remember the DeLorean? Tesla might not die. But their creator will have to get his head out of clouds. That's not conspiracy. It's business.

I get the impression that Musk is a big ideas guy whose strength is looking for and inventing products for new markets. What they need right now to balance him out is a nuts and bolts style CEO who knows how to make an organization run. For Tesla that means NO MORE NEW MODELS until they can efficiently manufacture, sell, and deliver the existing lineup.
" 'Individual conscience' means that women only get contraceptives if their employers, their physicians, their pharmacists, their husbands and/or fathers, pastors, and possibly their mayors, Governors, State Secretaries of Health, Congressmen, Senators, and President all agree that in that particular case they're justifiable." --D.C. Sessions

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#10 George Rowell

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Posted 08 June 2019 - 11:55 PM

View PostLFC, on 05 June 2019 - 10:07 AM, said:

I get the impression that Musk is a big ideas guy whose strength is looking for and inventing products for new markets. What they need right now to balance him out is a nuts and bolts style CEO who knows how to make an organization run. For Tesla that means NO MORE NEW MODELS until they can efficiently manufacture, sell, and deliver the existing lineup.
I support the balance him out philosophy. In a large established corporation there is no incentive for top people to either go for long term projects that leave share prices idling and shareholders fretting OR get involved in ventures with risk that can backfire on them - remember the 5 stages of a project. Musk + a Nuts and Bolts guy (I equate these accountants because unless they are watched they can make a profit until the company finally implodes through insuffienct R&D and cost cutting).

I personally think that to get where he is today Musk is truly amazing but he needs a moderator.
A doctor knows a little about a lot. A specialist knows a lot about a little. In time the doctor knows less and less about more and more and the specialist knows more and more about less and less until ultimately the doctor knows nothing about everything and the specialist knows everything about nothing.

#11 baw1064

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Posted 09 June 2019 - 12:05 AM

Jobs had Wozniak, Gates had Allen, etc. So yes, you need both a visionary and someone capable of executing. A technology company is pretty much doomed unless it has both.
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#12 George Rowell

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Posted 13 June 2019 - 03:46 AM

I thought a look at the share prediction gurus would be in order;

https://www.cxoadvisory.com/gurus/
A doctor knows a little about a lot. A specialist knows a lot about a little. In time the doctor knows less and less about more and more and the specialist knows more and more about less and less until ultimately the doctor knows nothing about everything and the specialist knows everything about nothing.

#13 LFC

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Posted 13 June 2019 - 08:05 AM

View PostGeorge Rowell, on 13 June 2019 - 03:46 AM, said:

I thought a look at the share prediction gurus would be in order;

https://www.cxoadvisory.com/gurus/

Less than 50/50. Aaaawwwweeeeesome.
" 'Individual conscience' means that women only get contraceptives if their employers, their physicians, their pharmacists, their husbands and/or fathers, pastors, and possibly their mayors, Governors, State Secretaries of Health, Congressmen, Senators, and President all agree that in that particular case they're justifiable." --D.C. Sessions

"That's the problem with being implacable foes - no one has any incentive to treat you as anything more than an obstacle to be overcome."

"The 'Road to Serfdom' is really all right turns." --Progressive Whisperer

""The GOP ... where every accusation is also a confession." --Progressive Whisperer





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