4 ms·
I have invested (read: gambled!) on and off in Tesla. The Elon factor concerns me as a long term investment. Do people think the company will continue to grow a
by j2bax 6y ago
I have invested (read: gambled!) on and off in Tesla. The Elon factor concerns me as a long term investment. Do people think the company will continue to grow at the rate they are if something happens to him? Worries me to put so much faith in one guy, despite his insane accomplishments.
- mellow-lake-day 6y agoI don't think Elon will stick around long term at Tesla. The goal for Tesla is to accelerate transition to electric vehicles. Once that is completed Elon will move on to another project similarly to when he transitioned from X.com/Paypal to something else.
- pmulard 6y agoAll signs point to SpaceX and his mission to Mars.
- gxon 6y agoLuckily, it seems like he's mostly abandoned the spectacularly stupid hyperloop idea. More tunnels would be cool, but I find it hard to believe there's really that much room for improvement over established companies.
- aembleton 6y agoDon't you the boring company? I think the hyperloop is even more ludicrous given the technological problems involved in vacuum tubes. But I think Elon realises that which is why all he did is write a memo on it rather than create a company around it.
- gxon 6y agoYeah, I was referring to the hyperloop and the boring company as separate things. I feel like the Boring company is what he settled on once it was made clear to him how monumentally stupid hundreds or thousands of miles of near vacuum tube would be in practice. Even if you could actually build a working prototype, it's hyper fragile and will just never be economically viable compared to other solutions.
- clouddrover 6y ago> The goal for Tesla is to accelerate transition to electric vehicles. If that were true then Tesla would open its chargers for use by all brands of EV. Teslas can charge on all other charging networks. When will Tesla reciprocate?
- idrae 6y agoI know what you're saying, but the fact they don't do this doesn't make the statement untrue. Tesla's mission is (from their website): "Tesla’s mission is to accelerate the world’s transition to sustainable energy."
- syrgian 6y agoYou mean that's the mission the want to sell. I mean, can you tell me of even one company that states their mission is 'increase the share value'? Or even something close to that?
- rcxdude 6y agoI suspect a lot of Elon's companies would start to do better without him, TBH.