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How are they not noticing cheaper, better cars, pending lawsuits, toyota's invention of aluminum batteries making lithium obsolete, end of early mover advantage

How are they not noticing cheaper, better cars, pending lawsuits, toyota's invention of aluminum batteries making lithium obsolete, end of early mover advantage, and history of underdelivering?

nomel 1y ago
I think you misunderstand. There's no reason to think they're not aware. It's more: "If you do this very difficult, nearly impossible thing (given the current situation), we'll give you a ridiculous amount of money for the miracle, because you'll make us rich in the process".
blargey 1y ago
Since it's apparently all denominated in stock, and vesting is conditional on multiplying the stock price 7.5x over the next decade*, every misgiving over the current valuation should make this package all the more worth it to shareholders (who the board is supposed to represent). *or at least the sort of operational milestones that make for the kind of pithy headlines that prop up the stock price
WaltPurvis 1y ago
I believe Tesla bulls are banking on robots, robo-taxis, and other products. Surely nobody believes Tesla's consumer car business is poised to grow. (Given the history of under-delivering, etc., I wouldn't bet on Tesla dominating robotics or any other field, but as I understand it, this incentive package has no particular downside for shareholders.)
- 0cf8612b2e1e 1y ago
  I have not kept up- what does their industrial battery segment look like? That seemed like a market with huge growth potential, but maybe batteries are too commoditized now. Plus, supporting the renewable woke agenda.
- chillingeffect 1y ago
  What kind of robots? Factory robots? Androids? China has abt 3 android companies for every american one. It's also an unproven market. Android forms are not great at asserting force in any direction yet. Complex vision remains a problem, but will hopefully advance. Im not pessimistic, but the risk is enormous.
  - nomel 1y ago
    Android forms are purposefully...human forms.

How are they not noticing cheaper, better cars, pending lawsuits, toyota's invention of aluminum batteries making lithium obsolete, end of early mover advantage, and history of underdelivering?

nomel 1y ago

I think you misunderstand. There's no reason to think they're not aware. It's more: "If you do this very difficult, nearly impossible thing (given the current situation), we'll give you a ridiculous amount of money for the miracle, because you'll make us rich in the process".

blargey 1y ago

Since it's apparently all denominated in stock, and vesting is conditional on multiplying the stock price 7.5x over the next decade*, every misgiving over the current valuation should make this package all the more worth it to shareholders (who the board is supposed to represent). *or at least the sort of operational milestones that make for the kind of pithy headlines that prop up the stock price

WaltPurvis 1y ago

I believe Tesla bulls are banking on robots, robo-taxis, and other products. Surely nobody believes Tesla's consumer car business is poised to grow. (Given the history of under-delivering, etc., I wouldn't bet on Tesla dominating robotics or any other field, but as I understand it, this incentive package has no particular downside for shareholders.)

0cf8612b2e1e 1y ago
I have not kept up- what does their industrial battery segment look like? That seemed like a market with huge growth potential, but maybe batteries are too commoditized now. Plus, supporting the renewable woke agenda.
chillingeffect 1y ago
What kind of robots? Factory robots? Androids? China has abt 3 android companies for every american one. It's also an unproven market. Android forms are not great at asserting force in any direction yet. Complex vision remains a problem, but will hopefully advance. Im not pessimistic, but the risk is enormous.
- nomel 1y ago
  Android forms are purposefully...human forms.