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Disagree about it being embarrassing and cringey. I appreciate his no-bs and no-fluff candor. Elon called out the press for writing misleading articles to gen

Disagree about it being embarrassing and cringey. I appreciate his no-bs and no-fluff candor. Elon called out the press for writing misleading articles to generate clicks. He went as far as calling it irresponsible and dangerous. He also called out day-traders, saying of you can't handle volatility then sell your stock. "I am not here to convince you to buy Tesla stock." You can listen to the call at https://edge.media-server.com/m6/p/nwvzygvo https://edge.media-server.com/m6/p/nwvzygvo

3pt14159 8y ago
Yeah I agree with you nodesocket. Musk comes off as focusing on the right things, not getting bogged down by a x% difference on capital outlay here or there.
- matwood 8y ago
  > not getting bogged down by a x% difference on capital outlay here or there. People would not be after him so much if he hadn't missed almost every prediction he's made. The company is quickly approaching a cliff that the Musk cheerleaders cannot simply cheer him across. Timelines really start to matter when your runway is running out.
  - erikpukinskis 8y ago
    Why do they keep asking him? It seems stupid. He can tell you very clearly what will do (and he does it). He obviously can’t predict the timeline. Either it’s impossible to predict, or Elon can’t do it. Either way continuing to expect accurate predictions from him is the definition of insanity.
  - 3pt14159 8y ago
    There is no fast approaching cliff or any such nonsense. Tesla's market cap is $50B. They can release stock and dilute current shareholders if they need to. Talking about whether it is a $4.4B capital outlay or $4.0B capital outlay doesn't matter. What matters for Tesla is making sure that their core offering doesn't get overshadowed by an established automotive manufacturer before they can scale. What matters for Tesla is that petrol prices don't plummet due to some new unforeseen technology of economic downturn. What matters for Tesla is that their cars wear reliably so they don't tarnish their reputation.
- wpietri 8y ago
  That's not "bogged down" to a professional investor. Which is who these conference calls are for.
- JustSomeNobody 8y ago
  No, he comes off as someone who has to be the smartest person in the room and when he gets asked questions he doesn't know the answer to, he deflects. This is immature.
- xkjkls 8y ago
  Then let his CFO answer the questions. These are important things to shareholders.
- jnwatson 8y ago
  That x% is the length of their runway. It is fundamental to the future of the company.
danso 8y ago
Jeffrey Skilling had the same approach too. In fact, he was even bolder than Musk because he not only evaded an obviously mean-spirited question, but he called out the investor as an "asshole". You can listen to the excerpt at: https://www.youtube.com/watch?v=FSK0v0vTgXA https://www.youtube.com/watch?v=FSK0v0vTgXA
- jaggederest 8y ago
  Maybe the CEO of Enron currently serving a prison sentence is not an ideal role model.
  - wwalser 8y ago
    That's the joke…
- rudedogg 8y ago
  Pretty funny comment on that video (posted 6 months ago): > Elon Musk in a couple of years I'm calling it now
Silhouette 8y ago
Elon called out the press for writing misleading articles to generate clicks. He went as far as calling it irresponsible and dangerous. Elon Musk criticising others for making misleading statements to generate hype seems more than a little hypocritical, no?
tptacek 8y ago
Neat! Glad to hear it. Do you have a couple billion dollars Tesla can borrow?
vkou 8y ago
When my landlord next asks me about when my rent cheque's coming, I'll let him know that I find his line of questioning to be boring fluff. He's just not ready for me as a tenant.

3pt14159 8y ago

Yeah I agree with you nodesocket. Musk comes off as focusing on the right things, not getting bogged down by a x% difference on capital outlay here or there.

matwood 8y ago
> not getting bogged down by a x% difference on capital outlay here or there. People would not be after him so much if he hadn't missed almost every prediction he's made. The company is quickly approaching a cliff that the Musk cheerleaders cannot simply cheer him across. Timelines really start to matter when your runway is running out.
- erikpukinskis 8y ago
  Why do they keep asking him? It seems stupid. He can tell you very clearly what will do (and he does it). He obviously can’t predict the timeline. Either it’s impossible to predict, or Elon can’t do it. Either way continuing to expect accurate predictions from him is the definition of insanity.
- 3pt14159 8y ago
  There is no fast approaching cliff or any such nonsense. Tesla's market cap is $50B. They can release stock and dilute current shareholders if they need to. Talking about whether it is a $4.4B capital outlay or $4.0B capital outlay doesn't matter. What matters for Tesla is making sure that their core offering doesn't get overshadowed by an established automotive manufacturer before they can scale. What matters for Tesla is that petrol prices don't plummet due to some new unforeseen technology of economic downturn. What matters for Tesla is that their cars wear reliably so they don't tarnish their reputation.
wpietri 8y ago
That's not "bogged down" to a professional investor. Which is who these conference calls are for.
JustSomeNobody 8y ago
No, he comes off as someone who has to be the smartest person in the room and when he gets asked questions he doesn't know the answer to, he deflects. This is immature.
xkjkls 8y ago
Then let his CFO answer the questions. These are important things to shareholders.
jnwatson 8y ago
That x% is the length of their runway. It is fundamental to the future of the company.

danso 8y ago

Jeffrey Skilling had the same approach too. In fact, he was even bolder than Musk because he not only evaded an obviously mean-spirited question, but he called out the investor as an "asshole". You can listen to the excerpt at: https://www.youtube.com/watch?v=FSK0v0vTgXA https://www.youtube.com/watch?v=FSK0v0vTgXA

jaggederest 8y ago
Maybe the CEO of Enron currently serving a prison sentence is not an ideal role model.
- wwalser 8y ago
  That's the joke…
rudedogg 8y ago
Pretty funny comment on that video (posted 6 months ago): > Elon Musk in a couple of years I'm calling it now

Silhouette 8y ago

Elon called out the press for writing misleading articles to generate clicks. He went as far as calling it irresponsible and dangerous. Elon Musk criticising others for making misleading statements to generate hype seems more than a little hypocritical, no?

tptacek 8y ago

Neat! Glad to hear it. Do you have a couple billion dollars Tesla can borrow?

vkou 8y ago

When my landlord next asks me about when my rent cheque's coming, I'll let him know that I find his line of questioning to be boring fluff. He's just not ready for me as a tenant.