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> but have exceptional hyping skills seems quite useful when attracting investment. Elizabeth Holmes (Theranos) and a lot of ex-crypto-bros (fraudsters) would

by greggoB 9mo ago

> but have exceptional hyping skills seems quite useful when attracting investment. Elizabeth Holmes (Theranos) and a lot of ex-crypto-bros (fraudsters) would agree. "Exceptional hyping skills" is (today) possibly a more derogatory term than you're expecting. > And fact is Musk is building a lot of stuff of real substance. I think the point others are making is this is a more accurate description of Musk ~10 years ago. In the past 5 years its been what, the cybertruck?

dubeye 9mo ago
It's a derogatory comment among certain types of technical employee, I would agree. Not so much amongst those in leadership or softer roles. I wouldn't put cybertruck in the win column personally
- AlexandrB 9mo ago
  I think this is why he gets away with it. A "win" is a product delivered years late for 3x the promised MSRP with 1/10th the expected sales. With wins like these, what would count as a loss?
  - dubeye 9mo ago
    He gets away with it for one reason only, and because he consistently delivers good returns on capital. Most of Tesla's revenue derives from Model Y and FSD subs. I agree that Cybertruck was a marketing ploy. Don't think it was ever intended to be materially revenue generating.
    - greggoB 9mo ago
      > He gets away with it for one reason only, and because he consistently delivers good returns on capital. Didn't Tesla just have a terrible 2025, with European sales plunging due to the stigma of owning a swasticar?
      - dubeye 9mo ago
        Revenue has flatlined, but investors' confidence comes from Musk's track record for delivering good returns to investors. I think we can agree Musk succeeded in 2020 to 2025 in this regard. Whether you are confident he can do it again over next five years is the key question.
        greggoB 9mo ago
        I'm personally more persuaded by the argument that Tesla is a meme-stock at this point - like much of crypto, it runs on "vibes", not solid fundamentals. But even if share price is the metric for success, 33.6% over 5 years is like 6% compounded annually, which is okay I guess? [0] [0] https://www.investopedia.com/magnificent-seven-stocks-8402262 https://www.investopedia.com/magnificent-seven-stocks-840226...
- greggoB 9mo ago
  It's increasingly something the general populace is not a fan of, at least that's been my experience. so if the cybertruck is not a win, what in the last 5 years is?

by greggoB 9mo ago

dubeye 9mo ago

It's a derogatory comment among certain types of technical employee, I would agree. Not so much amongst those in leadership or softer roles. I wouldn't put cybertruck in the win column personally

AlexandrB 9mo ago
I think this is why he gets away with it. A "win" is a product delivered years late for 3x the promised MSRP with 1/10th the expected sales. With wins like these, what would count as a loss?
- dubeye 9mo ago
  He gets away with it for one reason only, and because he consistently delivers good returns on capital. Most of Tesla's revenue derives from Model Y and FSD subs. I agree that Cybertruck was a marketing ploy. Don't think it was ever intended to be materially revenue generating.
  - greggoB 9mo ago
    > He gets away with it for one reason only, and because he consistently delivers good returns on capital. Didn't Tesla just have a terrible 2025, with European sales plunging due to the stigma of owning a swasticar?
    - dubeye 9mo ago
      Revenue has flatlined, but investors' confidence comes from Musk's track record for delivering good returns to investors. I think we can agree Musk succeeded in 2020 to 2025 in this regard. Whether you are confident he can do it again over next five years is the key question.
      - greggoB 9mo ago
        I'm personally more persuaded by the argument that Tesla is a meme-stock at this point - like much of crypto, it runs on "vibes", not solid fundamentals. But even if share price is the metric for success, 33.6% over 5 years is like 6% compounded annually, which is okay I guess? [0] [0] https://www.investopedia.com/magnificent-seven-stocks-8402262 https://www.investopedia.com/magnificent-seven-stocks-840226...
greggoB 9mo ago
It's increasingly something the general populace is not a fan of, at least that's been my experience. so if the cybertruck is not a win, what in the last 5 years is?