Unprompted, some of my techier/geekier-than-me friends brought up Elon/Tesla yesterday over drinks. For background, they were the ones that first brought him/the company to my attention but unlike me never invested because the stock market isn't really their thing. Being techie geeks they still follow him on Twitter and watch most SpaceX launches live etc... They understand far better than me what a neural net is, know all about the Tesla Network, one actively works on solar energy in emerging markets. These are people from the other side of the world to the Silicon Valley bubble, that had their babies sat in front of the TV to cheer on the Starman launch.
I was surprised to hear how the years (and recent months) had changed their views. Elon has gone from: "this guy I saw at SXSW is a visionary genius, teach me how to invest in the US stock market" to [polite summary]: "he's a much more complicated character than I realised".
Elon's Twitter and media storms calling people bone headed, ignorant, sanctimonious and most recently riffing on mental illness, are anecdotally having a tangible impact on Elon's personal brand and by extension Tesla's. It was always the case that Elon was an imperfect vessel for the unrealistic aspirations of his followers. But it seems that the myth of Elon Infallibility is being busted quicker than I had hoped. Far more than gross margin and operating leverage trends, it's hard not to feel that Elon's reputation itself is actually the key indicator to follow for long term investors. This drives to varying degrees, media sentiment, investor appetite, consumer demand and availability of talent. And lest we forget, its these inputs that will lead to the success or failure of Tesla's mission.
No idea who Phil Schiller is and what value he might add, but I'd like to think those independent board members from media circles are paying attention and will give the right advice.
I expect I'll get some down-votes for this, so be it. I'm just sat here wondering what happened to the Elon of only 2017 that said "The thing that drives me is that I want to be able to think about the future and feel good about that" to the one of 2018, who on the supposed brink of his greatest triumph, seems bitter, aggressive and unfocused.