April 12, 2018
This A-list CEO talks about sleeping on the factory floor. He believes it represents a form of boasting about his work ethic, and devotion to his company.
The reality is that a megalomaniac has built himself a massive empire, full of lies - and he can feel the foundation buckling underneath him now.
Dig beneath the financial people I referred to a couple weeks ago, you will see that almost every other key executive has fled his company in recent months. His head of sales. Many key leaders in technology and manufacturing.
The sleeping bag story is a desperate act, by a desperate man. The play is in its final stages.
Our CEO can feel the walls closing in on him. See that network interview he did very recently. He clearly appears very uncomfortable, and for very good reasons.
Elon Musk
This A-list CEO talks about sleeping on the factory floor. He believes it represents a form of boasting about his work ethic, and devotion to his company.
The reality is that a megalomaniac has built himself a massive empire, full of lies - and he can feel the foundation buckling underneath him now.
Dig beneath the financial people I referred to a couple weeks ago, you will see that almost every other key executive has fled his company in recent months. His head of sales. Many key leaders in technology and manufacturing.
The sleeping bag story is a desperate act, by a desperate man. The play is in its final stages.
Our CEO can feel the walls closing in on him. See that network interview he did very recently. He clearly appears very uncomfortable, and for very good reasons.
Elon Musk
TESLA CRASH
ReplyDeleteSPEEDS BY
GABRIEL THE HEDGEHOFF!
TOO QUICK
FOR THE NETFLIX BUY
GABRIEL THE HEDGEHOFF!
https://youtu.be/26aj5fGosAU
DeleteI'm absolutely shocked at this reveal Hedge absolutely mouth dropping stunned! (Tesla stock is up 1% today, so sad for you.😂)
ReplyDeleteThis all might be reverse psychology, that would explain how the market correlates with these blinds.
ReplyDelete@sandybrook that and the media is always a sign of a company's success :)
ReplyDelete@Brayson—
ReplyDeleteThe markets had been artificially inflated by QE for virtually the entire Obama administration; for years we had rising stock prices, especially among Silicon Valley "unicorn" companies, even though many of these firms had no earnings. American has been in an earnings recession, which doesn't benefit shareholders all that much.
But when the share prices go up due to intervention by the Fed or by the likes of Goldman Sachs, you can bet that Elon and his ilk have option plays at work.
Remember the pets.com ads with the sock puppet back in 1999? I loved those. The company started in 1998, was buying Super Bowl ads by 2000, and was gone by the end of that year. All the venture capitalists who pumped money into it sure thought it was the next big thing, even though no one had figured out yet how it would make money.
ReplyDeleteThat's happened now and then in the industry. Investors, whether stock buyers or venture capitalists, pump money into businesses on next-big-thing buzz, regardless of the profit ratio -- or if there is any sign of profits at all. As long as that keeps up, of course the stock price is good. Until it's not. The people who bought into the pets.com IPO at $11 got back 19 cents. The CEO got paid almost half a million to shut it down, though, so at least no one important got hurt.
Unknown there was a story on Yahoo! Finance the other day stating Tesla is the most shorted stock by hedge funds by far out there today. Someone's buying it, and I imagine it's mostly mutual fund managers doing it.
ReplyDeleteElon is the biggest, scamming welfare queen in the USA.
ReplyDeleteIsn't Tesla delaying the rollout of one of their models? Mr Amy was pretty excited about it and then was like "Whaaaaaaat is up?" And other things. Yet, who knows - I'm just glad he's sticking with what he's got because it's paid for and is perfectly fine.
ReplyDelete@sandybrook right. companies never control what's being said in the media about public companies ever. lots of people still believe in musk and tesla.
ReplyDeleteTesla's production has been shut down all week, nobody's saying when it will go back online. All employees are being forced to use vacation time.
ReplyDeletehttps://electrek.co/2018/04/19/tesla-model-3-configuration-batch-production-shutdown/
If Must really wanted to be a revolutionary, he would've made the equivalent of a Volkswagen, not a Mercedes, for his car. He's not out to help the masses, he's just another elitist.
That's really not fair, DDonna. All tech breakthroughs are expensive at first. Circa 1910 only the rich could afford automobiles. Circa 1950 only the rich could afford TVs. Circa 1970 only the rich could afford digital watches. The rich pay a premium to be first, and eventually the technology gets cheaper and the masses can afford it.
ReplyDeleteMusk has to sell his cars at the highest price possible, to keep his enterprise going, so of course they will be aimed at the rich. I'm not a fan of the government subsidies he gets, but he's doing a lot of good work.
Honestly Tesla could double their prices and still have demand, their cars have become somewhat of a status symbol. And I certainly don't see Apple lowering their prices for the masses anytime soon.
ReplyDeleteHonestly this is a privately held company and musk has so many ventures that he will and does have his hands in.
ReplyDeletejust bought 100k TSLA put options.
ReplyDeleteHedge is right about this one- gonna be ugly. When it finally breaks, who knows.
ReplyDeleteCan't be too far off though- this year for sure.
"The market can stay irrational longer than you can stay solvent." - Keynes (IIRC)
https://www.bloomberg.com/graphics/2018-tesla-burns-cash/?terminal=true
ReplyDelete