He's allowed to take a crap in his bathtub as well, but it wouldn't be particularly encouraging if he did.
This comment is troubling to me, as I've been known to tell people that I would drink Elon Musk's bath water.
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He's allowed to take a crap in his bathtub as well, but it wouldn't be particularly encouraging if he did.
in the coronavirus thread we have long been discussing the need to discuss how to reopen. It is not just a binary on/off.
I totally get that. The problem (for me) is the remote possibility that his behavior and stress is a signal of deeper issues at the company, ...
Elon never said open a factory like binary:
Elon Musk on Twitter
They also have submitted the safety plan to Alameda but being denied by the county:
Tesla Giga Nevada set to reopen on May 4 with new safety measures
he’s been leaning way more in to the government racism/death count is fake argument then stressing a common sense safe plan to reopen. I’ve repeatedly said his time would be better spent avoiding conspiracy theories and stressing the infrastructure needed to safely re-open on the private and public level.
You should give her a shovel and have her dig in the dirt. It works wonders for most women, even the ones that didn't know they loved to dig in the dirt. If yours is different, no harm, no foul.
There is no denied of Elon's childish behavior. I just want to point out the fact that Elon want to open factory like binary switch is simply false. That's FUD in my book.
If you are sick of people spreading conspiracy theories, then you also need to be held to the same standard to be credible.
Elon has repeatedly commented on Tesla share price being too high over the years.
A few examples:
And like today, he has repeatedly said he thinks the long-term for Tesla is bright.
- Oct. 2013: "The stock price that we have is more than we have any right to deserve"
- Sept. 2014: "I think our stock price is kind of high right now to be totally honest"
- July 2017: "I’ve gone on the record several times that the stock price is higher than we have the right to deserve and that’s for sure true based on where we are today"
- May 2020: "Tesla stock price is too high imo"
More examples here: All the times Elon Musk has trash-talked Tesla’s stock price as overvalued
It's all part of the simulation.
“An empty vessel makes the loudest sound”he’s been leaning way more in to the government racism/death count is fake argument then stressing a common sense safe plan to reopen. I’ve repeatedly said his time would be better spent avoiding conspiracy theories and stressing the infrastructure needed to safely re-open on the private and public level.
Will you still be around in this thread? I value your posts, Curt.
Likely he is still being honest. Hence, the stock at 800 was overpriced. Can we all agree he probably has more insight into that than anyone on this board? This includes battery day by the way. He knows what’s coming, likely in three weeks, and there is no way he tweets stock is overpriced not taking whatever announcements coming up very short term into consideration (IMO).
Yet people here blast others for selling. yet all they did was listen to the CEO.
I don't think anyone, Elon included can decide what the correct price is, everybody has to do that for themselves. Because to me, one share of Tesla is likely worth a completely different amount than it is to the next guy. Nobody forces you to buy at 800, and nobody is forcing you to sell if you think it's worth less. This is why we have a market and it's only worth what people are willing to pay for it. This changes with every ounce of new information that comes out.The first time Elon announced he felt the stock price was too high...I liked it. He was being honest. This led me to invest more.
Likely he is still being honest. Hence, the stock at 800 was overpriced. Can we all agree he probably has more insight into that than anyone on this board? This includes battery day by the way. He knows what’s coming, likely in three weeks, and there is no way he tweets stock is overpriced not taking whatever announcements coming up very short term into consideration (IMO).
Yet people here blast others for selling. yet all they did was listen to the CEO.
Is that not better than taking some random posters “take on the situation” which usually involves how he is actively manipulating the stock with his underlying emotional genius?
As for the other raging debate. It’s easy to say open the economy up while on your couch, reading Twitter all day. To open up the economy, you need well thought out plans with two main foundations to start with. rapid reliable testing, and a team to contact trace positives. You need pillars of workplace plans not only for the space, but labour relations planning including how to manage employee and family illness. You need pillars of healthcare, pillars of PPE availability and on and on.
So far most of the plans I see for reopening things, just address temporal aspects. Kinda, cross your fingers, see how it goes, and if it goes ok, we will again cross our fingers, roll the dice and expand the social circle.
I am not sure people understand fully the PPE shortage still. A few months ago, you would literally throw out your mask, every time you left that patients room. If you went in three times that day, you used three masks.Now you use one per shift, and often have to re use that one. Point being, there is no wiggle room in the system.
I think this is worth a read, wether you agree or not, it shows you what is happening, and just how quick things can get worse.
Running out of Outlets
Yeah, that's the problem. If he is road mapping this company to 1 terawatt hrs of production and utilization while releasing robotaxi next year, then we does he mean the stock price is too high? Those type of bullish outlook makes the stock price not high enough. Hundreds of billions of dollars in revenue coming in the next 5 years according to his 40-50% growth rate per year and he's calling the stock high when the market is suppose to be forward looking?
That's why so many people lost confidence. We KNOW he has way more insight than any of us when it comes to valuing his company. And if we were to take what he said today seriously, then that's a big ass problem because then it just means he has been BSing about battery day, robotaxi, and the growth rate. That growth rate is what determines the multiple given to a company. The stock price is no where near 50% growth rate multiple since no one on wallstreet believes him. So the stock price is already "conservative" since no one believes his robotaxi in a year, 50% growth rate, and however many terawatt hrs he wants to produce in a few years.
That's why he needed plenty of context besides a few line of tweets today. I agree if Fremont is closed then Tesla stock is too high. He needs to be more clear vs just write a thing and leave the rest of the internet to figure it out.See my post below, I think he is only talking about Q2 results with Fremont closed.