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I think we have quite a ways to go before that. The price is still pumped pretty high compared to what it would be without the Musk hype that got it to where it
by SonOfKyuss 2y ago
I think we have quite a ways to go before that. The price is still pumped pretty high compared to what it would be without the Musk hype that got it to where it is. I bet we’d see a 30-40% drop in share price if they fired him now. They’re in a no-win situation
- yoelhacks 2y agoMaybe. Current prices certainly include probability that Tesla is able to pull off major transformation into more than just a car manufacturer (batteries, supercharge network, self-driving software, etc). The implicit assumption is that Musk is helpful for that - which would certainly have been true some years ago. Getting rid of him would be an admission that the loftiest dreams won't happen as fast as some would like, but doesn't necessarily mean they're out of the picture.
- _DeadFred_ 2y agoPanasonic makes the actual batteries at Gigafactory on Panasonic owned/operated lines that happen to lease space inside a Tesla building. https://en.wikipedia.org/wiki/Gigafactory_Nevada#Operations https://en.wikipedia.org/wiki/Gigafactory_Nevada#Operations