I think when you configure, the extra money you put down becomes non-refundable, so it might be a different accounting category from "deposits", like "pre-payment" or something.
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JRP3
Hyperactive Member
But this time it's different, right?
Hmm, I wonder which one of us might know a bit more about Tesla than the other? At least you're less obnoxious than most of the bears we encounter.
Phil Seastrand
Member
Why not? I have White on my Model X and LOVE IT!
Taking a break is not quitting. He has worked hard for a long time now. He earned a rest. Let's not panic unless there's actual news one way or the other.
It will get talked about plenty by the FUDsters.
Reality: Working for EM is a bitch when it comes to work/life balance. He needs some downtime (EX: Jerome). He has a good amount of stock option incentives to come back.
My opinion/interpretation: His job vis a vis the model 3 is done...good time to recharge before moving to the next challenge(s): Y and semi.
This is Silicon Valley: It is a grinder but there are many other capable people at Tesla if he decides not to return to the grind at Tesla.
The only person that I can say if he goes I pull all my TSLA money out: JB
Todd Burch
14-Year Member
No. Rich my friend, you worry too much
.He’s tired. Been working to the bone. Needs some rest. Not leaving Tesla. Just like Jerome Guillen did.
Even if he did leave, it wouldn’t be serious. There are other people in the world who can fill that role if needed.
Zhelko Dimic
Careful bull
Wow, you really believe this? Executives in other companies don't take sabbatical leaves.No. Rich my friend, you worry too much
He’s tired. Been working to the bone. Needs some rest. Not leaving Tesla. Just like Jerome Guillen did.
Even if he did leave, it wouldn’t be serious. There are other people in the world who can fill that role if needed.
This Elon's inability to foster loyalty and keep talented team (something is going on here, not sure what) is the only real weakness of Elon/Tesla that scares me. I'd be out awhile ago if it were not for the fact that this weakness is compensated by 1) Mission empowers people on all levels and is a driver of progress even if culture is failing them 2) Elon's ability to bring new and fresh talent is unmatched
2virgule5
Member
That means 5000 per week is on track.
Have to make hard decisions. I want the next car to have AWD, coming in July that's great. But I also want air suspension, coming next year!
So, you basically want... a model S?
They do at Intel & Genentech. Not unheard of in SV
Doug Fields will come back after 6 weeks. It's just a long vacation. Model 3 design is done. It's a great time to take a short break. I think he will come back either work on Model Y or pickup truck. Lots of people left Tesla in the past. Really great ones stayed. That's my impression.
Thanks guys. I really hope so. I just added to over 1,000 shares this week. I really hope this news won’t sour the SP.No. Rich my friend, you worry too much
He’s tired. Been working to the bone. Needs some rest. Not leaving Tesla. Just like Jerome Guillen did.
Even if he did leave, it wouldn’t be serious. There are other people in the world who can fill that role if needed.
Not to rain on all our parades but it very well may cause a good amount of FUD and a short term dip/pressure on the SP but it will be short lived IMO.
The SP all comes down to execution in a timely manner on the 3......and I doubt that DF taking a break at this point will influence that....
Krugerrand
Meow
Elon said that "the burn of the century is coming". "It will be the next level" than the "tsunami of hurt". "It will be bigger than the VW squeeze in 2008". I think Elon is serious about it.
I guess his comment is mainly based on the predicted business development, not just based on short size. Nobody can predict short squeezes only based on the short size.
My interpretation is that Elon thinks business will take off, and then shorts will get caught in the process. If we don't have basic confidence in Elon's assessment, then we really should reduce size.
Personally I added a lot of shares during the recent dip. Have been adding everyday. I don't worry. I just work hard to prepare more cash, so if there is a dip, I will add even more shares.
I plan to sell one share once it hits $3000, just to make sure I sold something on the way up.
My wild guess is this squeeze will be slow but very powerful. It may last for years.
My spreadsheet shows TSLA will reach $3605 by 2026, based on predicted future business development. The burn of the century is likely to shorten the time by 50% or more.
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DragonWatch
Small FootPrint
Very good article and spot on. Nice to read a positive well thought out article. Thanks for providing it for us to read.
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sundaymorning
Active Member
I’ve been invested in Tesla since 2012, I can’t tell you guys how many execs or engineers have arrived, left or return to Tesla. I can say that the hours are quite demanding from top to bottom, way down to factory workers. Burnout is real, and occurs at SpaceX as well. Doug deserves some time off, he’s earned it. I hope he has enough within himself to be back for Model Y/semi. After all, he came from Apple where robotics and manufacturing hell is cake walk compared to what Tesla is putting together. There’s a reason why no one ever attempted dreadnaught, if anyone can do it, it’ll be Tesla. The culture is really something else. The Model 3 design as we know, is finally complete. Job well done Doug! Thank you.
Gr
Gets added to customer deposits. Does not get added to revenue but helps cash flow.
Elon: You know, it's a shame about GM
Analyst: Oh, it was. Yeah, it was really a shame. To go so suddenly like that.
Elon: GM was dying for years.
Analyst: Sure, but... the end was very... very sudden.
Elon: GM was in intensive care for eight years.
Analyst: Yeah, but I mean the very end, when GM actually died. That was extremely sudden.
GM May Also Exit the American Car Market, Morgan Stanley Says
Analyst: Oh, it was. Yeah, it was really a shame. To go so suddenly like that.
Elon: GM was dying for years.
Analyst: Sure, but... the end was very... very sudden.
Elon: GM was in intensive care for eight years.
Analyst: Yeah, but I mean the very end, when GM actually died. That was extremely sudden.
GM May Also Exit the American Car Market, Morgan Stanley Says
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