While the news of the strange tweetstorm of Elon Musk over the weekend was hitting the wires, Tesla's stock fell on Monday, but it's impossible to know if these two things are related.But coincidentally, I'm in Thailand now, and it's hard to conceive that anyone can remove the halo from the successful rescue of the Wild Boars and their coach from the Chiang Rai's cave, but Musk made it with his offensive tweets.
It's the existential problem with Tesla The fanboys who boast the title invariably invoke Musk as the reason for having it face at a huge cash loss – $ 9 billion since Tesla went public and $ 4.5 billion in a year and a half If you stick to a company that's not profitable, you'd better believe in its direction: that's what do Tesla investors do [19659002] CHICAGO, IL – JUNE 14: Elon Musk, Chicago engineer and technician The Boring Company talks about building a high-speed transit tunnel at block 37 at a press conference on June 14, 2018 in Chicago, Illinois . Musk said that he could create a 16-passenger vehicle to operate on a high-speed train system that could bring travelers to downtown Chicago and to the international airport Oahre. less than twenty minutes, more than 100 miles to the hour. (Photo by Joshua Lott / Getty Images)
How much of this Musk love is hype against reality is hard to guess. I've never attended a Tesla management meeting, so I have no way of knowing who actually runs the bus in terms of big decisions, but from the outside, it would seem that this would be Musk. Tesla's most recent 10-Q included the following language:
We are very dependent on the services of Elon Musk, our CEO, chairman of our board of directors and principal shareholder. Although Mr. Musk spends a lot of time with Tesla and is very active in our management, he does not devote all his time and attention to Tesla.
So, to use an expression of assurance, Musk is the "key man" at Tesla, but, again, it's hard to say how that translates into operations daily. Former Tesla employees have said that Doug Field, the recently deceased chief engineer, was the head of Tesla's day-to-day operations de facto . The circumstances of Field's departure are troublesome, to be sure. Tesla's financial information shows that the company's major patents are not owned by the company itself, nor by Musk, but rather by Tesla's Chief Technology Officer JB Straubel. Again, it is difficult, from the outside, to determine the exact role of Straubel in Tesla's daily operations.
From a governance perspective, Tesla's lack of COO is a blatant weakness, especially since Musk is very involved with other companies, including SpaceX and The Boring Company. When Musk embarks on e-mail wars, like with former employee / current whistleblower Martin Tripp, or with his horrendous and unsubstantiated accusations against Vernon Unsworth, an impartial observer may be concerned about his condition mental. I certainly do it
Blind faith is not a profitable investment strategy. While Netflix's shares plummet after trading hours on the company's reports of weak subscriber growth, this is yet another reminder that numbers are important. The cash flow never lies. Tesla, as a practice, has not yet released a date for its second quarter results. After the disaster of the last teleconference, investors will be incredibly focused on the management performance of this call. He does not ask me my opinion, but if he did, I would advise Musk to fully pass the call and leave these duties to Chief Financial Officer Deepak Ahuja
No reasonable analyst would attribute a $ 60 billion business value to Tesla. perilous financial, but this is the current valuation, and this figure clearly includes a "premium Musk". If Musk continues to post a behavior that could be described as unbalanced, however, this premium could quickly become a discount, and Tesla's shares would undoubtedly suffer.
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While the news of the strange tweetstorm of Elon Musk over the weekend hit the wires, Tesla's shares fell on Monday, of course, it is impossible to know if these two things are related.It is hard to conceive that anyone can remove the halo from the successful rescue of the Wild Boars and their trainer from Chiang Rai Cave, but Musk l & rsquo; did it with his offensive tweets.
This is the existential problem with Tesla, who boast the title, invariably invoke Musk as the reason for having a huge cash loss – $ 9 trillion since Tesla went public and $ 4.5 billion in a year and a half CHICAGO, IL – JUNE 14: Elon Musk, a Chicago engineer and technology entrepreneur from The Boring Company, talks about building a new one high-speed machine transit tunnel at block 37 at a press conference on 14 j May 2018 in Chicago, Illinois. Musk said that he could create a 16-passenger vehicle to operate on a high-speed train system that could bring travelers to downtown Chicago and to the international airport Oahre. less than twenty minutes, more than 100 miles to the hour. (Photo by Joshua Lott / Getty Images)
How much of this Musk love is hype against reality is hard to guess. I've never attended a Tesla management meeting, so I have no way of knowing who actually runs the bus in terms of big decisions, but from the outside, it would seem that this would be Musk. Tesla's most recent 10-Q included the following language:
We greatly depend on the services of Elon Musk, our CEO, Chairman of our Board of Directors and principal shareholder. Although Mr. Musk spends a lot of time with Tesla and is very active in our management, he does not devote all his time and attention to Tesla.
So, to use an expression of assurance, Musk is the "key man" at Tesla, but, again, it's hard to say how that translates into operations daily. Former Tesla employees have said that Doug Field, the recently deceased chief engineer, was the head of Tesla's day-to-day operations de facto . The circumstances of Field's departure are troublesome, to be sure. Tesla's financial information shows that the company's major patents are not owned by the company itself, nor by Musk, but rather by Tesla's Chief Technology Officer JB Straubel. Again, it is difficult, from the outside, to determine the exact role of Straubel in Tesla's daily operations.
From a governance perspective, Tesla's lack of COO is a blatant weakness, especially since Musk is very involved with other companies, including SpaceX and The Boring Company. When Musk embarks on e-mail wars, like with former employee / current whistleblower Martin Tripp, or with his horrendous and unsubstantiated accusations against Vernon Unsworth, an impartial observer may be concerned about his condition mental. I certainly do it
Blind faith is not a profitable investment strategy. While Netflix's shares plummet after trading hours on the company's reports of weak subscriber growth, this is yet another reminder that numbers are important. The cash flow never lies. Tesla, as a practice, has not yet released a date for its second quarter results. After the disaster of the last teleconference, investors will be incredibly focused on the management performance of this call. He does not ask me my opinion, but if he did, I would advise Musk to fully pass the call and leave these duties to Chief Financial Officer Deepak Ahuja
No reasonable analyst would attribute a $ 60 billion business value to Tesla. perilous financial, but this is the current valuation, and this figure clearly includes a "premium Musk". If Musk continues to post a behavior that could be described as unbalanced, however, this premium could quickly become a discount, and Tesla's shares would undoubtedly suffer.
