After hour jump a few bucks because Tesla’s names Kevin Kassekert President of Automotives...
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
- Status
They don't really have much choice. I guess they could give their contracts to ULA, who is very slow and much more expensive. Or to the Europeans (French). Or the Japanese. Or the Russians. Or the Chinese. Or India.
Or Rocketlab in New Zealand I guess.
Johann Koeber
Happy Owner
Take a look at the business:
- production running smoothly (see the monthly numbers given above)
- sales growing Q/Q, as is revenue
- on the verge of profitability
WE here know all that. The market does not because of all the fud and distractions being spread.
In the first days of Oct the numbers will be published. This will give us a hint, whether the goals have been met.
In the first or second week of November we will get the 'official' numbers - black on white. No more doubts about it. Profit or loss. Cash flow positive or not. At the same time we will receive a report on the company performance and the plans going forward. This is less than 9 weeks from today.
All these other discussions here are distracting. Thank you for the excellent opportunity for me/us to make money.
Today I sold a bunch of TSLA. Yes, I was one of the sellers. (not 1/10 of one percent of today's volume, so don't blame me).
I took the money and bought some 2020 LEAPS, mostly 400$ strike. In all my delta increased.
If it goes below 200 (I doubt it), I will do the same: trade shares into LEAPS.
- production running smoothly (see the monthly numbers given above)
- sales growing Q/Q, as is revenue
- on the verge of profitability
WE here know all that. The market does not because of all the fud and distractions being spread.
In the first days of Oct the numbers will be published. This will give us a hint, whether the goals have been met.
In the first or second week of November we will get the 'official' numbers - black on white. No more doubts about it. Profit or loss. Cash flow positive or not. At the same time we will receive a report on the company performance and the plans going forward. This is less than 9 weeks from today.
All these other discussions here are distracting. Thank you for the excellent opportunity for me/us to make money.
Today I sold a bunch of TSLA. Yes, I was one of the sellers. (not 1/10 of one percent of today's volume, so don't blame me).
I took the money and bought some 2020 LEAPS, mostly 400$ strike. In all my delta increased.
If it goes below 200 (I doubt it), I will do the same: trade shares into LEAPS.
“Jerome Guillen has been promoted to President, Automotive, reporting directly to me. In his new role, Jerome will oversee all automotive operations and program management, as well as coordinate our extensive automotive supply chain.“
Tesla on Twitter
Tesla on Twitter
The Blue Owl
Endangerous Herbivore
His mind is zig-zagging like a fractal, and for anyone paying attention and read his biography and all the countless other reports, this is nothing new. I'm convinced he's always been like this, only now he's very tired. He made some bad calls lately, for sure, but such is life for those who don't have the luxury of making all their mistakes in private. When the whole world is watching, all mediocrities get to look smart on TV freaking out about "bad judgment". All this brouhaha is just because of a big misunderstanding, really. People want him to act like a magnate. He's a magnet.
Yes, people, Elon Musk is weird. So what?
engle
Member
What is very significant to me is that Jerome Guillen has been promoted to what is essentially COO of Tesla Automotive.
I'm also happy this email was made public to try to stem the temporary price hemorrhaging on Wall Street today. (Actually, since I'm very long, it doesn't affect me at all.)
Which other company CEO can tell his or her employees:
"What you are doing is vital to achieving an amazing and sustainable energy future for all of humanity and life on Earth." ?
Last edited:
Incorrect - Jerome is president automotive, Kev gets “people & places”
humbaba
sleeping until $7000
I hear you. Samsung as a phone manufacturer? And I'm concerned for the American car companies, but I think Toyota is going to do fine with EV. They are currently king and I think will remain there.
I'd be surprised (though, being a shareholder, ecstatic) if Tesla ever became a major car manufacturer, but I think they will remain like Apple -- producing quality products with the industry's highest margins but having a minority market share. Musk isn't interested in dominating the automotive market, just pushing it to EV sooner rather than later. (With other energy related goals as well, but that is outside the automotive market).
Even with Tesla breaking ground I think another startup would be a major undertaking and you'd be chasing the leader (Tesla) while having no market recognition.
Personally, I think Musk will succeed and force the other manufacturer's to adopt EV. It may take a long time and, IMO, they will suffer more the longer they take to do it. Egregious delays will only give further opportunity for additional EV startups to accelerate market share loss.
Closed my NVDA puts and sold TSLA Jun 20 290 put for like $94 (when SP was 258 in early morning)
IIRC.. the CAO who quit was bought in for privatization deal, so no deal, no use in TSLA. Surprising that this was only mentioned in one late afternoon article after full damage was done.
IIRC.. the CAO who quit was bought in for privatization deal, so no deal, no use in TSLA. Surprising that this was only mentioned in one late afternoon article after full damage was done.
Sounds like Jerome Guillen will basically be operating as the COO. Glad to see Elon recognizing those who have helped Tesla be successful. Hopefully Jerome will be able to hire more talent to help with keeping manufacturing steady.
SW2Fiddler
We Are Cognitive Dissidents
Here is it in full - looks solid! Jerome is very talented, great track record and used to Elon = mutual trust and admiration! The only Tesla VP I ever had any interaction with too :0)
Company Update
September 7, 2018
The following email was just sent to Tesla employees:
First, I’d like to thank you for your incredible efforts and contribution as we enter the final few weeks of this quarter. This is a very exciting time for Tesla, to say the least, and you are the reason for the tremendous progress we’ve made in a relatively short period of time. It is easy to forget that our company was almost unknown 10 years ago and didn’t even exist until after the start of the 21st century!
We are about to have the most amazing quarter in our history, building and delivering more than twice as many cars as we did last quarter. For a while, there will be a lot of fuss and noise in the media. Just ignore them. Results are what matter and we are creating the most mind-blowing growth in the history of the automotive industry. Even the Ford Model T, which held the world record for the fastest growing car in history, didn’t grow as fast in sales or production as the Model 3.
Moreover, we also have the most exciting new product lineup of any company in the world. There is the Model Y, the Tesla (pickup) Truck, the Semi and the new Roadster. Then there is the Solar Roof, which is spooling up in production, and continued advancements in Powerwall and Powerpack. And that’s just what people know about …
To help achieve our goals, after discussing this in-depth with the Tesla board of directors and executive staff over the past several weeks, I am excited to announce a number of management changes:
Jerome Guillen has been promoted to President, Automotive, reporting directly to me. In his new role, Jerome will oversee all automotive operations and program management, as well as coordinate our extensive automotive supply chain. Jerome has made major contributions and acquired deep knowledge of Tesla’s operations over the past eight years at our company, from being the first Model S Program Manager to managing all vehicle programs, then all vehicle engineering and worldwide sales & service. Recently, Jerome played a critical role in ramping Model 3 production, leading what almost all thought was impossible: creation of an entire high-volume General Assembly line for Model 3 in a matter of weeks. Before coming to Tesla, Jerome was responsible for creating and running the most successful semi truck program in history at Daimler’s Freightliner division.
Kevin Kassekert has been promoted to VP of People and Places, with responsibility for Human Resources, Facilities, Construction, and Infrastructure Development. Kevin has been with Tesla for 6 years and was previously VP, Infrastructure Development. Kevin led the construction and development of our Gigafactory in Nevada, turning what was a pile of rocks in the Sierra Nevada mountains into a factory employing 12 thousand people with greater output than the entire rest of the world’s battery factories combined, in roughly three years. That is insanely badass. Prior to joining Tesla, Kevin engineered and built multi-billion dollar production plants in the semiconductor industry. As many of you know, Tesla’s Chief People Officer Gaby Toledano has been on leave for a few months to spend more time with her family and has decided to continue doing so for personal reasons. She’s been amazing and I’m very grateful for everything she’s done for Tesla.
Chris Lister joined Tesla last year and was key to solving our production problems at the Gigafactory and ramping Model 3 production. He is being promoted to VP, Gigafactory Operations. In this role, he leads our production and manufacturing engineering at Giga. Before Tesla, Chris ran several ultra high volume factories at PepsiCo.
Felicia Mayo, Sr. HR Director and head of our Diversity and Inclusion program, has been promoted to VP, reporting to both Kevin and me. Felicia has done great work promoting the importance of having one of the most diverse workforces in the world and ensuring fairness across hundreds of roles and Tesla operations in over 50 countries. She previously worked in senior HR roles at PwC and Oracle, and, most recently was Vice President, Global Talent Acquisition and Diversity for Juniper Networks.
Laurie Shelby, Tesla’s VP, Environmental, Health and Safety (EHS) will also report directly to me. Your safety and just generally making sure that you love coming to work is extremely important, which is why EHS will report directly to me. We are working hardcore on having the safest (and most fun) work environment in the automotive industry by far. Laurie came to Tesla last year after a 25+ year career at Alcoa, where she made tremendous progress in workplace safety. Since joining, she has already overseen a reduction in our employee injury rate, as well as major improvements in our EHS program.
Cindy Nicola, VP of Global Recruiting, will report to both Kevin and me. Cindy has overseen the company’s global recruiting efforts since 2015, bringing on tens of thousands of highly talented people. Prior to Tesla, Cindy led worldwide Corporate Recruiting at Apple, and before that was VP, Global Talent Acquisition at Electronic Arts.
Finally, Dave Arnold has been promoted to Sr. Director, Global Communications, overseeing Tesla’s communications team. Dave was previously Director of Corporate Communications at Virgin America.
Thanks again for your incredible work in making Tesla successful. What you are doing is vital to achieving an amazing and sustainable energy future for all of humanity and life on Earth.
Elon
Company Update
September 7, 2018
The following email was just sent to Tesla employees:
First, I’d like to thank you for your incredible efforts and contribution as we enter the final few weeks of this quarter. This is a very exciting time for Tesla, to say the least, and you are the reason for the tremendous progress we’ve made in a relatively short period of time. It is easy to forget that our company was almost unknown 10 years ago and didn’t even exist until after the start of the 21st century!
We are about to have the most amazing quarter in our history, building and delivering more than twice as many cars as we did last quarter. For a while, there will be a lot of fuss and noise in the media. Just ignore them. Results are what matter and we are creating the most mind-blowing growth in the history of the automotive industry. Even the Ford Model T, which held the world record for the fastest growing car in history, didn’t grow as fast in sales or production as the Model 3.
Moreover, we also have the most exciting new product lineup of any company in the world. There is the Model Y, the Tesla (pickup) Truck, the Semi and the new Roadster. Then there is the Solar Roof, which is spooling up in production, and continued advancements in Powerwall and Powerpack. And that’s just what people know about …
To help achieve our goals, after discussing this in-depth with the Tesla board of directors and executive staff over the past several weeks, I am excited to announce a number of management changes:
Jerome Guillen has been promoted to President, Automotive, reporting directly to me. In his new role, Jerome will oversee all automotive operations and program management, as well as coordinate our extensive automotive supply chain. Jerome has made major contributions and acquired deep knowledge of Tesla’s operations over the past eight years at our company, from being the first Model S Program Manager to managing all vehicle programs, then all vehicle engineering and worldwide sales & service. Recently, Jerome played a critical role in ramping Model 3 production, leading what almost all thought was impossible: creation of an entire high-volume General Assembly line for Model 3 in a matter of weeks. Before coming to Tesla, Jerome was responsible for creating and running the most successful semi truck program in history at Daimler’s Freightliner division.
Kevin Kassekert has been promoted to VP of People and Places, with responsibility for Human Resources, Facilities, Construction, and Infrastructure Development. Kevin has been with Tesla for 6 years and was previously VP, Infrastructure Development. Kevin led the construction and development of our Gigafactory in Nevada, turning what was a pile of rocks in the Sierra Nevada mountains into a factory employing 12 thousand people with greater output than the entire rest of the world’s battery factories combined, in roughly three years. That is insanely badass. Prior to joining Tesla, Kevin engineered and built multi-billion dollar production plants in the semiconductor industry. As many of you know, Tesla’s Chief People Officer Gaby Toledano has been on leave for a few months to spend more time with her family and has decided to continue doing so for personal reasons. She’s been amazing and I’m very grateful for everything she’s done for Tesla.
Chris Lister joined Tesla last year and was key to solving our production problems at the Gigafactory and ramping Model 3 production. He is being promoted to VP, Gigafactory Operations. In this role, he leads our production and manufacturing engineering at Giga. Before Tesla, Chris ran several ultra high volume factories at PepsiCo.
Felicia Mayo, Sr. HR Director and head of our Diversity and Inclusion program, has been promoted to VP, reporting to both Kevin and me. Felicia has done great work promoting the importance of having one of the most diverse workforces in the world and ensuring fairness across hundreds of roles and Tesla operations in over 50 countries. She previously worked in senior HR roles at PwC and Oracle, and, most recently was Vice President, Global Talent Acquisition and Diversity for Juniper Networks.
Laurie Shelby, Tesla’s VP, Environmental, Health and Safety (EHS) will also report directly to me. Your safety and just generally making sure that you love coming to work is extremely important, which is why EHS will report directly to me. We are working hardcore on having the safest (and most fun) work environment in the automotive industry by far. Laurie came to Tesla last year after a 25+ year career at Alcoa, where she made tremendous progress in workplace safety. Since joining, she has already overseen a reduction in our employee injury rate, as well as major improvements in our EHS program.
Cindy Nicola, VP of Global Recruiting, will report to both Kevin and me. Cindy has overseen the company’s global recruiting efforts since 2015, bringing on tens of thousands of highly talented people. Prior to Tesla, Cindy led worldwide Corporate Recruiting at Apple, and before that was VP, Global Talent Acquisition at Electronic Arts.
Finally, Dave Arnold has been promoted to Sr. Director, Global Communications, overseeing Tesla’s communications team. Dave was previously Director of Corporate Communications at Virgin America.
Thanks again for your incredible work in making Tesla successful. What you are doing is vital to achieving an amazing and sustainable energy future for all of humanity and life on Earth.
Elon
But , please post the link of the source. Some members of the thread do not want to give free clicks.
Last edited:
Totally agree Elon’s life is open book he hides nothing otherwise I bet there are public company CEO with much worse personal habits and characters.
That is awesome news regarding Jerome--overall, look like a solid set of moves.
Looking good for Monday. Looks like today was indeed capitulation. I think all early Model S owners know how awesome Jerome is.
From the letter:
For a while, there will be a lot of fuss and noise in the media. Just ignore them. Results are what matter and we are creating the most mind-blowing growth in the history of the automotive industry
For a while, there will be a lot of fuss and noise in the media. Just ignore them. Results are what matter and we are creating the most mind-blowing growth in the history of the automotive industry
- Status
Similar threads
- Locked
- Locked
- Locked
- Poll
