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What value does he bring now? His attention seems to be mostly focused elsewhere anyway.
by The_Colonel 3y ago
What value does he bring now? His attention seems to be mostly focused elsewhere anyway.
- sidibe 3y agoThe main fear with letting him go has to be that it might start being valued like a car company, which would be very bad for shareholders even if it was good for the company to have a CEO that works at Tesla full-time
- fragmede 3y agoWhy would you value it as a car company when it does other things, even without him?
- sidibe 3y agoI think for whatever reason he is the main reason people expect Teslas most ambitious things to succeed. Also the first thing new CEO would do would be to reset expectations so they aren't blamed for not meeting the wildly optimistic timelines
- Analemma_ 3y agoThe problem is that most of Tesla's market cap is hype, and the hype is tied specifically to Elon. Get rid of him and it becomes just another car company with a P/E to match.
- JumpCrisscross 3y ago> most of Tesla's market cap is hype, and the hype is tied specifically to Elon What is the evidence for this? On one hand, he drives retail interest in the stock. But that doesn't alone a $700bn company make. Tesla also has a $100bn revenue book that it turns as a profit thanks to its expertise and operational experience making batteries. To the extent batteries are to EVs what engines were to ICE vehicles, that puts it in a unique position in America and small company globally. Between the cybertruck and Musk's fring politics, we may be approaching the point where his affiliation flips to liability. (A nested counterpoint being this resilience returning as evidence for his contributions.)
- dr-detroit 3y ago[dead]
- iknowstuff 3y agothe cybertruck with all positive reviews and >million reservations? Im sure that will flip it yeah