4 ms·

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 cyb

by dubeye 8mo 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 8mo 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 8mo 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 8mo 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 8mo 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 8mo 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 8mo 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 dubeye 8mo 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 8mo 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 8mo 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 8mo 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 8mo 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 8mo 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 8mo 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?