4 ms·

Tesla has been massively overvalued for a long time. Elon himself said it was too high. The exceptionalism of Tesla was the cult of personality around Musk hims

Tesla has been massively overvalued for a long time. Elon himself said it was too high. The exceptionalism of Tesla was the cult of personality around Musk himself. The stock is strongly tied to public perception of one person. This has been in Tesla's favour when they were tiny and struggling but may be to it's detriment now it's found its feet and is doing well. It's an interesting shift happening now where the perceived relative value of man vs his company is changing. Is Tesla now being dragged down?

gota 4y ago
Not to mention - and this has been true for a long, long time - every time Elon Musk makes a controversial statement he becomes, in the eyes of everyone paying attention, a little more stupid and a little less like Tony Stark (which seems to be what he wanted to convey) He has beem chasing controversy, up to and including naming a child with a publicity stunt name. This is not what people usually want to bet/invest on. Edit: and picking a fight with Bernie Sanders on twitter. Then fighting on twitter about twitter to buy twitter
- over_bridge 4y ago
  And making sweeping statements about Democrats. Regardless of any political takes, that's potentially tens of millions of people who could take offense, including those most active about electric vehicles and solar panels.
- mountainriver 4y ago
  I don’t think so, I think he is only gaining momentum. Elon is delivering on a lot of fronts the world simply wasn’t capable of doing before he came along. He deserves the credit
- mancerayder 4y ago
  To say these things and not mention his business acumen (he runs a few) makes it sound like sour grapes/ad hominem attacks on the guy. Yes, he's an oddball and he has some weird fetish around controversy, but he's a business leader studied by other business leaders. He delivers. He managed to put electric cars on the map, he made rockets that land, he's now boring tunnels and doing neuro network engineering. Not sure why baby names are mentioned over these.
  - gota 4y ago
    I guess that is my point - a more self-controlled businessman with that track record would inspire a tremendous amount of confidence I didn't mean to discredit Elon Musk as an entrepeneur; only to highlight that the chaos he raises is not good for his own "brand" in the long run The baby name is just an example to contrast his decisions to that of 'regular' people: most people are extremely averse about doing harm to their children for any reason But I get your point - many people will care most or only about results. But I do think many more care about the way things are done I'd say I'm abouy half and half, to be honest. I won't deny investing in Musk's enterprises but I for sure will make it a smaller part of my portfolio than it should - precisely because he may one day go on twitter and implode the stock

gota 4y ago

Not to mention - and this has been true for a long, long time - every time Elon Musk makes a controversial statement he becomes, in the eyes of everyone paying attention, a little more stupid and a little less like Tony Stark (which seems to be what he wanted to convey) He has beem chasing controversy, up to and including naming a child with a publicity stunt name. This is not what people usually want to bet/invest on. Edit: and picking a fight with Bernie Sanders on twitter. Then fighting on twitter about twitter to buy twitter

over_bridge 4y ago
And making sweeping statements about Democrats. Regardless of any political takes, that's potentially tens of millions of people who could take offense, including those most active about electric vehicles and solar panels.
mountainriver 4y ago
I don’t think so, I think he is only gaining momentum. Elon is delivering on a lot of fronts the world simply wasn’t capable of doing before he came along. He deserves the credit
mancerayder 4y ago
To say these things and not mention his business acumen (he runs a few) makes it sound like sour grapes/ad hominem attacks on the guy. Yes, he's an oddball and he has some weird fetish around controversy, but he's a business leader studied by other business leaders. He delivers. He managed to put electric cars on the map, he made rockets that land, he's now boring tunnels and doing neuro network engineering. Not sure why baby names are mentioned over these.
- gota 4y ago
  I guess that is my point - a more self-controlled businessman with that track record would inspire a tremendous amount of confidence I didn't mean to discredit Elon Musk as an entrepeneur; only to highlight that the chaos he raises is not good for his own "brand" in the long run The baby name is just an example to contrast his decisions to that of 'regular' people: most people are extremely averse about doing harm to their children for any reason But I get your point - many people will care most or only about results. But I do think many more care about the way things are done I'd say I'm abouy half and half, to be honest. I won't deny investing in Musk's enterprises but I for sure will make it a smaller part of my portfolio than it should - precisely because he may one day go on twitter and implode the stock