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Elon Musk Discussion - Tesla Brand Damage
- Thread starter Chucko
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Nvidia is a number one company for reputation ......I bet most people can’t even pronounce Nvidia
Not likely any time soon. They said on last investor call that they plan to make “lower cost” models using the existing manufacturing lines. Who knows what that means or how they’re even going to come up with new vehicles after laying off the new vehicle division. Maybe there will be some clarity on the next call, but I doubt we’ll get much info until 8/8. And even then that event seems to be about Cybercab more than anything else.
I like your post, although a bit against my thoughts and beliefs. And that’s OK, I think we can all benefit from stepping outside of ours comfort zones boundaries. And get another point of view. Otherwise everything becomes an echo chamber.
My thoughts: if I needed a car today, it would be a Tesla. Hands down for me. Fortunately, I don’t need to make that decision for the next 2-5 years. I just own the Model X for two months or so. Before that the Model Y. I will decide what car to get when that time comes. That’s a long time in my terms. Things shift quickly
Here are some categories of factors that negatively affect Tesla's reputation:
- General concern about support for customers. The mass layoff of the entire Supercharger group was not a good look to potential customers who see the Superchargers as a Tesla advantage that is important to them (because they want to road trip and not deal with the mess that the CCS charging networks in the US offer). Cutbacks at the service centers (layoffs reducing availability and speed of service, loaner cars -> Uber credits -> nothing while your car is in service) are also a concern for potential customers.
- Products. Some people may be waiting for the future less expensive model, but it seems to be getting delayed more and more, and may not arrive that soon. Meanwhile, there is increasing competition from other companies. Also, the S3XY vehicles are getting old in design. While Tesla does incremental upgrades like VW did with the old Beetle, and software upgrades bring some improvements to older cars, Tesla needs to avoid letting the lineup get old enough to be stale if it wants to attract more buyers. Some of the incremental changes may not be considered upgrades by some potential customers (e.g. removal of turn signal stalk).
- Left leaning politics. Some left leaning people do not like some of the political things that Musk has been saying (and doing at Twitter).
- Right leaning politics. Some right leaning people seem to be taking anti-EV as a culture war front (also anti-solar-energy, another of Tesla's businesses).
- Business practices. Some people who may otherwise want to consider working at Tesla may not want to work there now, given the way layoffs were decided and implemented. Some people may believe that loss of access to some talent for this reason is not a good indicator for the future.
Elon Musk's requested pay raise of $56 Billion is enough to buy 925,000 Teslas.
All available for immediate delivery.
All available for immediate delivery.
Or 100,000.00 salary per year for 10,000 employees = 1,000,000,000.00 that is enough to keep 10,000 employees working for 56 years. I would rather have those employees working and not stressing on job security more than having Elon as the CEO
voyager
Active Member
Let's face it: Musk has put all established carmakers to shame, especialy those beancounters at GM
that for goodness sake brought an EV1. Put differently, had Musk been at the helm 2 decades ago,
he would have made GM King of the World.
Having said that, Tesla will never reach producing 20 million cars annually
with the present competition and because of Musk's erratic behavior.
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voyager
Active Member
Tesla share holders should vote this down for the simple reason that Elon Musk is no longer interested in running a car company. And Tesla remains a car company.
It's not actual cash, though. It's all in options, and if he hadn't achieved the goals of the compensation package he wouldn't be getting any options at all.
That said, it looks like once he achieved the full package, he stopped caring about Tesla, and new shareholders were punished as a result. Their investment is now deep underwater, and Elon seems more interested in posting right-wing propaganda on Twitter than leading Tesla. I can see why those investors wouldn't want to vote for his options package.
I would say that Tesla is not just a car company, but the car business is still important to Tesla and where most of the revenue is coming from. It's silly to pivot away from a profitable business, when Tesla actually has the capacity to keep doing regular cars and work on AI and other things at the same time.
But as long as Elon doesn't really care, the money-making part of the business will continue to suffer. And shareholders with it.
Elon still has to keep the shares 5 years after he exercises the options. I’m going to give him a few more years before claiming success/failure. The stock price can be all over the place.
They might aspire to be more than a car company but the reality is according to their website they're a company that sells 5 products and some accessories to those products. These 5 products are all automobiles.
Maybe I've missed it but looking at Elon's interviews and tweets he just has no interest in cars anymore. This model 2 vs robotaxis fiasco illustrates this perfectly.
If Musk and the board had just been legit and not lied and deceived shareholders last time, then he’d have his pay package - if that was actually the will of the shareholders.
Musk and the board must not have been confident that the vote would go through since they decided to take the illegal and deceptive route. We’ll never know what the vote would have been in a legit scenario because the idiots were shady about it.
And now they want a redo? F* that. Make Musk stick around and meet new goals. Including putting a full 40hrs/week minimum. Might as well make it on-site work too since Musk seems to express that’s the only way things can get done.
Musk and the board must not have been confident that the vote would go through since they decided to take the illegal and deceptive route. We’ll never know what the vote would have been in a legit scenario because the idiots were shady about it.
And now they want a redo? F* that. Make Musk stick around and meet new goals. Including putting a full 40hrs/week minimum. Might as well make it on-site work too since Musk seems to express that’s the only way things can get done.
jabloomf1230
Minister of Silly Walks
Don't even think of looking at Elon's posts about Fauci on X today. Elon continues to accelerate his downward slide into the abyss. I'm pretty stoic about political stuff, but today's tirade made me wish that I had voted no on the pay package.
voyager
Active Member
Latest Musk tweet: Fauci Lied. People Died.
Well, who knows Musk is already working on the treatment that
Nobel Prize winner MD D.Trump had in mind, as a special adviser to the president.
Well, who knows Musk is already working on the treatment that
Nobel Prize winner MD D.Trump had in mind, as a special adviser to the president.
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