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For a while there it seemed like Musk would die from stress. He just looked like he's hanging on by a thread, which he probably was. He seems far more relaxed n
by m0zg 7y ago
For a while there it seemed like Musk would die from stress. He just looked like he's hanging on by a thread, which he probably was. He seems far more relaxed now - if I were an investor (I'm not - the company metrics are completely detached from its valuation), I'd consider that to be a good sign.
- agumonkey 7y agoYeah it's easy to forget how early Model 3 production days were still "Tesla won't survive" for most people. What a change.
- new_realist 7y agoHis pedophilia trial went full OJ Simpson; that must have been a relief.
- xkjkls 7y agoI don't think investment thesis based on the body language of the CEO are great ways to place your money.
- m0zg 7y agoGiven that if this particular CEO were to, like, physically die (or even just throw in the towel) _Tesla_ would immediately die, I challenge this view of the situation. Even in its current, more stable state, this is a good signal that things are going well - this is not something most people can fake, certainly not people "on the spectrum" like Elon.
- xkjkls 7y agoI would never invest in any company which the bus factor is 1.
- brianwawok 7y agoHow many billions were made off of Amazon with a bus factor of 1?
- xkjkls 7y agoI don’t think anyone who really understands Amazon would have ever claimed that they have a bus factor of 1. In fact, I don’t think much would have changed if Bezos retired a decade ago. There’s a reason there are two other Amazon CEOs.
- m0zg 7y agoNot really, no. I hope you don't have a large position in AMZN. It can only have a PE ratio of 82 because investors believe in the myth of Jeff Bezos.
- xkjkls 7y agoJeff Bezos could retire tomorrow and it would barely change the stock. Is it expensive? Sure, but it’s expensive because it has a wide variety of charismatic businesses, not Jeff Bezos.
- simonebrunozzi 7y agoEx Amazon here (AWS). Pretty much agree with your statement. Bezos "replicated" his management style extensively, the executive team in charge of that is called the "S team" (S = Senior), and I agree that Bezos retiring would not affect the company too much.