at $267.47 a share, today on March 19, 2019.... He should proceed to take the company private. Like at $325.00 a share.
Is the funding secured?
Is it safe?
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at $267.47 a share, today on March 19, 2019.... He should proceed to take the company private. Like at $325.00 a share.
I'd get on that SpaceX ride.So you're saying that Elon should start a theme park?
Agree. I do believe Tesla sets the expectations bar very high. But there are also a few (2-8%) very smart people. I don't see a problem with this though as long as the expectations are thoroughly communicated before hiring.Sometimes there are under-performing employees. It's like relationships/friendships, if you have the occasional "friend" run for the hills, it's probably them. If your track record is a long trail of failed relationships (of all kinds), it's probably you. If your a manager and it seems all the employees are under-performing, maybe it's management expectations?
I mentioned this elsewhere, but I've lately been reading General McChrystal's take on Walt Disney in his book "Leaders: Myth & Reality"
Elon is very similar, I think, to Walt. Both were visionaries who had ideas that would make a complete paradigm shift in their chosen areas. Walt worked hard to provide and create a workplace that had the best light, the most comfortable chairs etc for working, but the wages were low, and the expectations for overtime and production rates against a need for perfection and speed were astronomically high.
He would reward the cream of the crop but actually came to a point where the lower echelons of the company all went on strike because they felt they were being maligned. Poor Walt couldn't understand how they would betray him. Did they not believe in the cause? Were they not working in jobs that hadn't even existed until he created the tech and the demand? Why didn't they understand?
Walt's brother Roy was one of the stabilising influences in the company as he desperately tried to balance the debt levels, income-streams, staff relations and public perception/media against Walt's world-changing gambles. And Walt did not really appreciate Roy's alarm about the money issues.
After the strike, Walt turned much of the Disney Studios production over to Roy (which turned it into the corporate megalith it is today) and started WED with a small team he trusted, of die-hard followers who would put in the overtime to change the world. This time an idea about a magical new theme park.
Perhaps there are some lessons to be learned here.
Agree. I do believe Tesla sets the expectations bar very high. But there are also a few (2-8%) very smart people. I don't see a problem with this though as long as the expectations are thoroughly communicated before hiring.
In this way if you try to be someone you are not at the interviews and somehow get hired being underqualified, the employee can only blame him/herself.
I have some experience with this myself. Last year we were in urgent need of a very skilled software developer because of a difficult task we had. We hired someone with a good CV and that claimed to be extremely good at development. We made it very clear that the bar for this job is high because of the difficult task and explained what the task was about. Then after employment even simple programming concepts like the difference between passing by value or by reference was a huge challenge to grasp. The task became impossible for him, we stopped after 2 weeks. Even when he basically lied himself to a job he clearly couldn't perform, the story became that the management were the bad guys. Lots of feelings get whirled up in situations like this and things get said.
As an Apple shareholder and a Tesla enthusiast, I'm still going to say no thanks.So Apple should buy Tesla and make Elon the CEO of Apple/Tesla and move Tim Cook to COO to move production along....
As an Apple shareholder and a Tesla enthusiast, I'm still going to say no thanks.
So Apple should buy Tesla and make Elon the CEO of Apple/Tesla and move Tim Cook to COO to move production along....
So Apple should buy Tesla and make Elon the CEO of Apple/Tesla and move Tim Cook to COO to move production along....
I'm much the same way. I have skills Tesla could use, I've worked much of my career as an embedded programmer and have a degree in Electronic Engineering. I'd love to rip into their infotainment system and fix it, but the price is too high. And I don't want to move back to California. I live in a wonderful part of the world with a nice peaceful environment and I can telecommute to California without leaving home.
Like Ben Sullins, I've worked in a number of companies and experienced everything from paralyzing dysfunction to smooth operations. The companies with smoother operations ultimately got the most productivity out of their employees.
A company can grow fast without drama, Elon just doesn't know how to do it.
Tesla has MANY enemies that want Tesla to fail. Much more so than Amazon and Google ever has.
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Elon definitely brought on some things himself no doubt. But If that’s what comes with the package, so be it.
Elon was in Flint, Michigan briefly today (less than 12 hours total).
He came out to talk to a group of Flint school children, pass out laptops to each one, and invite 2 from each school to tour SpaceX.
Tesla CEO Elon Musk surprises Flint students with visit, laptops
Laptops were from his >$400k donation last year
Elon Musk gives over $400K to buy laptops for Flint students
Elon interviewed yesterday by Lex Fridman, the MIT AI researcher. Worth watching, in think - particularly near the end.