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Oh no, a CEO yelled at employees, investors, and cut corners. Steve Jobs must be rolling in his grave. I think the record shows that Tesla, and Musk, have under
by underseacables 5y ago
Oh no, a CEO yelled at employees, investors, and cut corners. Steve Jobs must be rolling in his grave. I think the record shows that Tesla, and Musk, have undergone a lot of growing pains and mistakes, but the results speak for themselves.
- ajsnigrutin 5y agoYep... but the book will sell :)
- wly_cdgr 5y agoI mean, if he actually really behaved like that, that's deeply shameful and he should resign
- wly_cdgr 5y agoLook, I have a great deal of respect and affection for Elon. But if you absolutely must behave like a Boer, you do it towards your peers and your superiors. Not towards your subordinates - never towards your subordinates Raging at subordinates is not "passion", it's immaturity and abuse That said, who knows if he ever did/said any of that
- exogeny 5y agoYes, the results do speak for themselves: an unprofitable company with a petulant, childish troll as a CEO. Just because you act like Steve Jobs doesn't mean that you are Steve Jobs. You can ask Adam Neumann about that.
- nemothekid 5y agoFWIW, Tesla isn't unprofitable anymore (even if you remove the EV credits)
- mdoms 5y agoHow about if you remove their bitcoin and doge earnings.
- babesh 5y agoYou are spreading misinformation. Their Q2 earnings were out recently. They made over 1b in GAAP profits in Q2 while recording a book loss of about 32m on their Bitcoin holdings. They don’t record any Dogecoin on their books. At least report facts. https://ir.tesla.com/_flysystem/s3/sec/000095017021000524/tsla-20210630-gen.pdf https://ir.tesla.com/_flysystem/s3/sec/000095017021000524/ts... Their Q1 earnings recorded only about 100m in profits from Bitcoin. Do some math. Hate on him all you like but at least report on facts.
- new_realist 5y agoIf you look at earnings since inception, they're still down roughly -$5 billion.
- babesh 5y agoThe same argument applies to every single company. The question is when and if they turn profitable. That is a legitimate question to ask. However, answering the question at a single non terminal point in time doesn’t make much sense. You can look at that, look at their prospects, and then make your own valuation. Take the 5B in losses historically, take their growth rate, take their expected margins, take their competition, and make your decision. - 5B loss over company history - 1B profit the last quarter - 50% growth historically - increasing margins - sold out car and energy products - potential increased competition
- new_realist 5y agoIf you look at earnings since inception, they're still down roughly -$5 billion.
- happytoexplain 5y agoOutside of politics and sports, the binary side-taking problem seems most constant in the views on public personalities. You're writing in a tone that suggests one can not both be applauded for succeeding in business and criticized for behaving in a way that normalizes pettiness and disrespect.
- jjulius 5y agoYou're a parent; would you be fine with saying, "I mean, I berated my kids and had them work in a way where one of them could've really easily lost an arm, but the quality of their completed chores really speaks for itself"? Would you be fine with them becoming adults and being treated like shit by their boss despite producing results you find enviable? And as another user put it, it can be both - they achieved great results, and they're assholes. Edit: Hell, would you be OK with being berated and asked to work in an unsafe environment? Edit 2: Just four days ago you posted about how much you dislike the way that Bezos and Amazon treat(ed) Amazon employees. I am having trouble squaring away that sentiment with the sentiment in your post today.
- deleted 5y ago[deleted]