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While there's some good reasons here, I can't help but think this is more an emotional reaction on Elon's part, to the shorting and general negativity around th

• tntn 8y ago
  I think that would fall under "major distraction for everyone working at Tesla."
• dunpeal 8y ago
  I seriously doubt $70bn are changing hands because someone got "emotional". In my understanding, this is a great deal for Tesla, the key question is how Musk got the enormous amount of money to pull this through...
  • floatingatoll 8y ago
    Emotions are a perfectly acceptable reason to initiate a $70 billion deal. It's important that the emotions line up with the logic and reason, but in this case, they do seem to align.
• THE_PUN_STOPS 8y ago
  I think it's uncharitable to call it purely an emotional reaction. While that is certainly a component, I think this is actually one of the best mission-oriented strategic decisions Elon has made in a while. The shorting and general negativity around the company are a morale drain on a scale that few companies have ever experienced before, let alone any companies that push their employees as hard as Tesla. I have friends who work very, VERY VERY hard at Tesla to help achieve their overall goal, and all of the hate really drags them down and makes them question why they work so hard, let alone the anxiety over the value of their shares. The cloud of negativity is a huge productivity sap and I suspect it is a contributor to the legendary rates of turnover at Tesla as well.
  • danpalmer 8y ago
    > I think it's uncharitable to call it purely an emotional reaction. I agree. I didn't call it one.