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> These articles about Elon are interesting to me because Tesla could not have become such a valuable car company in such a short time if it wasn't for Elon, an
by ckastner 8y ago
> These articles about Elon are interesting to me because Tesla could not have become such a valuable car company in such a short time if it wasn't for Elon, and that includes his personality.
> Yet, many couch investors would prefer to have a CEO who is stable, boring and predictable. People want to put their money in for steady long-term returns, and not worry
A much simpler explanation, lacking the conflict, would be that early, start-up hungry investors prefer the rockstar CEO, and long-term investors would prefer a business-seasoned CEO.
To which I would say: Tesla has been around for 15 years (longer than Facebook!), and as the fans frequently profess, its market capitalization has (in the recent past) already surpassed that of other established car manufacturers. Perhaps it's time to leave the startup image behind.