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Tesla's 2024 Free Cash Flow was roughly $3.5 billion. Other than BYD, they're still the only company I'm aware of that can profitably sell an EV. So, raising c
by vessenes 2y ago
Tesla's 2024 Free Cash Flow was roughly $3.5 billion. Other than BYD, they're still the only company I'm aware of that can profitably sell an EV. So, raising cash might not be a near-term pressure point.
The board's historically comped Elon on revenues, net income and stock price -- all those aren't that great compared with highs in the last five years. They are, however, astronomical compared to where Tesla was when they gave him his 'crazy' incentive stock plan. I imagine the board is probably repeatedly asking him to settle down, lower the drug intake and ... please don't make things worse bro. Maybe in stronger language than that. And, I'm sure if they think Tesla would be better off without Elon they'll work hard to make that happen. Right now, though is sort of peak anti-Elon sentiment in the public, making it harder to parse out what's helpful / where he's impacting his companies on the non-public side.
- YokoZar 2y agoWithout a strong theory for why anti-Elon sentiment can't get worse, it's quite plausible we haven't actually hit the "peak" of it. Personally I think it quite likely that Musk will catch significant blame for whatever bad things related to American government happen in the coming year, deserved or otherwise.
- miohtama 2y agoAlso a clash with Trump or other MAGA figureheads is likely and Musk will be kicked out from the MAGA team.