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Brother, you are in for a *long* wait...I’m really just waiting for Musk to finally be held responsible for his constant misrepresentation of when things will come to market, effectively misleading investors. Musk should not be leading Tesla at this point and I cannot understand why investors aren’t demanding his departure. He’s smart but he’s definitely not the engineering genius Tesla fanboys make him out to be. He’s just a liability these days
Important key fact, is that overly aggressive timeline projections are not lies. Would be wise to understand what the estimates mean, i mean hes said it couple times.
Could it be anything to do with the recent bad press?True, but Elon messed this one up in many ways lol:
It seems like Elon got excited by FSD beta one day and decided on a whim to widen the rollout. Then after he met with the team, he started to backtrack but didn't tell us until the last day, lol.
Could it be anything to do with the recent bad press?
No company is held liable for optimistic forward looking projections (you see those disclaimers all the time in filings and press releases). Why else do you think all the recent SPACs have raked in so much money? It's pretty much guaranteed none of them will meet their promised timelines (can't think of a single one that didn't have some delay).I’m really just waiting for Musk to finally be held responsible for his constant misrepresentation of when things will come to market, effectively misleading investors. Musk should not be leading Tesla at this point and I cannot understand why investors aren’t demanding his departure. He’s smart but he’s definitely not the engineering genius Tesla fanboys make him out to be. He’s just a liability these days
Pretty much this. Also, it’s very likely that a more “sane” CEO than Elon would have never gotten Tesla anywhere near as far as Elon has in the same time period, and arguably Tesla could have died entirely under someone else. Elon literally went all in a few times with Tesla (and SpaceX), putting in not just the company’s and investors’ money, but also significant chunks (almost all of it) of his own to keep Tesla going when rational thought from a les shall we say, eager, person would have been to play it safe with their own personal wealth, which very possibly would have had Tesla go under. Elon‘s great gift, more than his intelligence and engineering/programming/business sense (all of which could be arguably criticized by experts in their respective fields), that kept Tesla and SpaceX going even when things seemed hopeless, was his remarkable ability to get rich venture capitalists (most of which were friends and people he had forged connections with in college and while building and then selling his previous companies) to invest big chunks of money into seemingly insane ventures, in large part because he could sell them on his vision and the fact that he was putting up virtually all of his own money as well helped open up their wallets. Other people were smart, other people had the network, other people were rich (and many were much richer), but was there someone else who would have put himself at very serious risk of personal bankruptcy, after making hundreds of millions of dollars, for two companies that all conventional wisdom at the time said were insane and had no chance of succeeding?No company is held liable for optimistic forward looking projections (you see those disclaimers all the time in filings and press releases). Why else do you think all the recent SPACs have raked in so much money? It's pretty much guaranteed none of them will meet their promised timelines (can't think of a single one that didn't have some delay).
As for investors, Elon's pretty much the sole reason why the stock is sky high right now. I'm pretty sure close to all Tesla investors want Elon at the helm as long as possible. No way the price is this high if he's out.
So sort of a vertical tower scheme rather than a pyramid scheme. Just keep it going. Or a leaning-tower scheme, if you will.Pretty much this. Also, it’s very likely that a more “sane” CEO than Elon would have never gotten Tesla anywhere near as far as Elon has in the same time period, and arguably Tesla could have died entirely under someone else. Elon literally went all in a few times with Tesla (and SpaceX), putting in not just the company’s and investors’ money, but also significant chunks (almost all of it) of his own to keep Tesla going when rational thought from a les shall we say, eager, person would have been to play it safe with their own personal wealth, which very possibly would have had Tesla go under. Elon‘s great gift, more than his intelligence and engineering/programming/business sense (all of which could be arguably criticized by experts in their respective fields), that kept Tesla and SpaceX going even when things seemed hopeless, was his remarkable ability to get rich venture capitalists (most of which were friends and people he had forged connections with in college and while building and then selling his previous companies) to invest big chunks of money into seemingly insane ventures, in large part because he could sell them on his vision and the fact that he was putting up virtually all of his own money as well helped open up their wallets. Other people were smart, other people had the network, other people were rich (and many were much richer), but was there someone else who would have put himself at very serious risk of personal bankruptcy, after making hundreds of millions of dollars, for two companies that all conventional wisdom at the time said were insane and had no chance of succeeding?
Think you meant "years".I don't think so. Elon has been consistently excited and confident about FSD for ~6 months now.
As have the testers themselves through every iteration for the last 5 months.I don't think so. Elon has been consistently excited and confident about FSD for ~6 months now.
I agree with your first sentence. But your second sounds like cutting a persons head off for steeling a candy bar....I’m really just waiting for Musk to finally be held responsible for his constant misrepresentation of when things will come to market, effectively misleading investors. Musk should not be leading Tesla at this point and I cannot understand why investors aren’t demanding his departure. He’s smart but he’s definitely not the engineering genius Tesla fanboys make him out to be. He’s just a liability these days
More like 4+ years now. It’s always been a few more months. I bought it in 2016 and I’m very tired of the promises.I don't think so. Elon has been consistently excited and confident about FSD for ~6 months now.
I know, right? I mean I'm an investor and I am so angry at all of the capital gains tax I'm going to have to pay next April. I mean crap, I'll be paying more in capital gains than I've ever even made in a year before. That bastard Elon has screwed me! What a liability he is! ROFLI’m really just waiting for Musk to finally be held responsible for his constant misrepresentation of when things will come to market, effectively misleading investors. Musk should not be leading Tesla at this point and I cannot understand why investors aren’t demanding his departure. He’s smart but he’s definitely not the engineering genius Tesla fanboys make him out to be. He’s just a liability these days