Elon Musk is getting younger and hipper by the second. I guess because he is having trouble with Tesla, he's going on the Joe Rogan show and playing with flame-throwers and pretending to smoke weed.
Jimmy Dore video https://www.youtube.com/watch?v=_tVhOnNfbXE
Twin resignations at Tesla https://economictimes.indiatimes.com/news/international/business/tesla-hit-by-twin-resign-blow-as-hr-head-exits-after-accounting-chief/videoshow/65723033.cms
why CAO Dave Morton really resigned https://www.cnbc.com/2018/09/07/tesla-cao-dave-morton-quit-after-concluding-musk-wasnt-listening.html
CNN article https://money.cnn.com/2018/09/07/technology/elon-musk-joe-rogan/index.html
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looks like he had hair implants seeded in front and sides...... and face lifts... He is very wealthy.. it is a shame some people can't be comfortable with who they are and what they look like and their age.....
ReplyDeleteI wouldn't want an electric car......
Wolf Richter (WolfStreet) has great coverage of Tesla.
ReplyDeleteCompanies must ultimately make a profit from selling their product, which Tesla is not doing (see bar graph in linked article, below). And the trend is not good: greater losses with greater production.
Thus, Tesla relies totally on an inflated share price. Richter has pointed out that if Musk got fired, it would be the end of Tesla because it's a cult-of-personality thing with investors. He's a religous leader for them. There's no other way to explain it given the inability of the company to turn a profit. So once investors lose the faith, then bankruptcy will ensue.
Doesn't help that German luxury brands (Porsche, Audi, BMW, etc.) have electric vehicles (EVs) comi ng online over the next few years. Competition will be fierce.
https://wolfstreet.com/2018/08/01/tesla-discloses-worst-quarterly-loss-ever-but-where-are-the-17000-model-3-cars-it-produced-but-didnt-deliver/
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