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Considering Tesla is depending on it's image to get more money to fill the gap of it's ever deepening losses, spending days preparing a presentation is the best
by _Codemonkeyism 9y ago
Considering Tesla is depending on it's image to get more money to fill the gap of it's ever deepening losses, spending days preparing a presentation is the best use of his time.
Tesla has a price-to-sale ration of nearly 6, while Nissan and GM are <0.5. So Tesla is mostly image and vision, not reality. Therefore it depends on Musks presentations with visions of a glorious future.
- Memebook 9y agoHave you forgotten Job's reality disortion field? Sometimes you gotta get people to believe in a better reality :P
- _Codemonkeyism 9y agoTesla obviously has to and always has. "[...] as long as 1) wealthy consumers in western nations but also China are eager to seek indulgence by way of green-washing and, 2) are in search of a Steve Jobs replacement persona onto which they can project their hopes for a gleaming future and, 3) are disillusioned with the establishment and its leaders, the company will likely succeed to raise cash again." https://seekingalpha.com/article/4122890-tesla-approaches-terminal-decline https://seekingalpha.com/article/4122890-tesla-approaches-te...
- njarboe 9y agoI don't think Elon Musk's plan is to build up Tesla as a huge pyramid scheme, cash out at the peak, and move to Mars before he gets arrested. He is running a couple of very technical companies and is down in the trenches working 80-100 hours weeks to keep them moving forward as fast as possible. Getting the Model 3 up to a production rate of 5,000 a week is what will start to prove out Tesla's current stock price, not a slick demo.
- _Codemonkeyism 9y agoI didn't want to imply that, it's more about staying afloat. "Getting the Model 3 up to a production rate of 5,000 a week is what will start to prove out Tesla's current stock price, not a slick demo." Yes, currently it looks like this is out of reach of Tesla.
- Dylan16807 9y ago> Tesla has a price-to-sale ration of nearly 6, while Nissan and GM are <0.5. So Tesla is mostly image and vision, not reality. The stock price is not the arbiter of whether a company is vision or reality. Nothing would change about those companies if public opinion suddenly shifted and made those ratios go the other way.
- JabavuAdams 9y agoCould it be that the stuttering is part of Musk's brand? Why try to be someone else? The Apple inspired pauses for applause at many tech reveals are cringe-worthy, e.g.
- emagdnim2100 9y agoOr maybe Tesla's "image and vision" stem from its founder's tendency to completely ignore sideline commentary on non-substantive issues and focus on product.