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> Mr. Musk, who had previously said the company did not need more capital, indicated that he had changed his mind because Tesla was now in a position to use cap
by hashberry 7y ago
> Mr. Musk, who had previously said the company did not need more capital, indicated that he had changed his mind because Tesla was now in a position to use capital more efficiently.
This concluding paragraph contradicts a quote in the middle of the article that explained the loss is due to inefficiency ("spiking costs for obvious strategy missteps really drew blood at the bottom line"). NYTimes journalists enjoy making Elon Musk look dumb, like when he smoked weed with Joe Rogan.
- haxton 7y agoI'm no fan of Musk's, but it's so disingenuous and discrediting to say things like that. Musk very clearly did _not_ get stoned with Joe. Taking a puff off of a joint is akin to taking a drink or two of beer. You're going to have much more of a placebo than anything. There's no reason to lie to make Musk look stupid. He's doing that plenty well himself.
- danharaj 7y agoThe hell kind of weak weed are you smoking? :^)
- hashberry 7y agoYeah, bad wording, changed it to "smoked weed" to match the NYTimes narrative: "Elon Musk Smoked Weed On Air" [0] [0] https://www.nytimes.com/2018/09/07/business/dealbook/elon-musk-marijuana.html https://www.nytimes.com/2018/09/07/business/dealbook/elon-mu...
- itslennysfault 7y agoMore importantly, who cares if he did get stoned?
- freewilly1040 7y agoIt’s news. Smoking weed as a guest on a talk show / podcast is something no CEO of a noteworthy company has done before. I don’t care per se but come on, it’s obviously an attention grabbing thing to do.
- xvector 7y agoIt’s attention grabbing because people are prudes. One of the many things wrong with this country
- Barrin92 7y agoNo it's people who are invested in Tesla being concerned about Musk's mental health and his ability to run his business. In particular because that wasn't his only scandal. And it's got nothing to do with the US either. Do you see many German, Swiss or Japanese Ceos smoking pot and getting drunk on podcasts?
- aaomidi 7y agoNo we don't and that's what people don't really like about them. Heck I don't even know who the CEO of these companies are. The issue is Tesla feels personal. Other cars really don't have that feeling.
- selectodude 7y agoNonsense. Plenty of CEOs drink excessively, pay for sex and do cocaine. They don't do it on video with Joe Rogan, though. That shows such a complete lack of discretion.
- rland 7y agoI cannot tell if this is a satirical comment or not.
- stonogo 7y agoThe people who issued him a United States Department of Defense security clearance, to start with. At least they should. I guess Musk plays by different rules than us plebians.
- Reedx 7y agoWhy should they? It's much less problematic than alcohol.
- kosievdmerwe 7y agoBecause a clearance requires you to have discretion and control of yourself to maintain the secrets you learn due to it. If you lack the self-control to not use a federally illegal drug on camera, then do you have the self-control to not leak secrets to score points in an argument or if you're drinking with a friend and they apply some social pressure, for instance? Maybe, maybe not, but it raises red flags about how trust worthy you are.
- rifung 7y agoThe reason I was told by someone who applied for security clearance is because it's a crime (federally) and they are afraid that someone could use that to blackmail you into giving state secrets. I think it's a similar thing for illegally downloading music or whatever..
- yreg 7y agoSo people with security clearance can't do legal drugs? Can they drink alcohol?
- mikeyouse 7y agoSecurity clearances are granted at the Federal level -- and weed is most definitely not legal Federally.
- rossenberg79 7y agoFirst people ignored Elon Musk. Currently they are laughing at him, but eventually they will start fighting him.
- ACow_Adonis 7y agoTo be fair, with the boring company, smoking a joint live, calling a rescuer a paedophile, getting slapped by the SEC for his tweets, and messages about turning teslas into self-driving cars incredulously soon, all an NYTimes journalist needs to do to make Elon Musk look dumb is report what he actually does... Even the recently announced closing of retail sales centers (that's a bold strategy cotton, lets see if that pays off for him) and then "woops, can't shut them all after all", if this was anyone else but someone with an internet cult of personality, an objective analyst would be telling you to stay the hell away from this company, because from outside it looks like a mismanaged train-wreck being run by an out of control nutter...