Is Musk pushing too far on his promises?

You aren't alone ........

http://autoweek.com/article/green-cars/tesla-model-3-delays-are-costing-company-8000-minute-report-says#ixzz4zkroqcns

 

Musk always over promises, its his way of pushing his people. A quote: "“In order to have a good outcome, we must strive for a great outcome". If you look at his past this has always been the case, the S and the X were both delivered way behind and at lower quantities than he first promised. I certainly wouldn't expect everyone of his ideas to work out, but I think most of them will, eventually.

As for the profit part, Tesla did actually make a profit one quarter. However they are trying to build a capital intensive business, that seems to be lost on many investors in this day of silicon valley and pharma startups where they don't have a significant physical product. It takes a huge amount of capital to build a 6 million sq-ft factory, let alone two of them. And that's not counting the thousands of superchargers and hundreds of service centers. All of this is being built in just a few years whereas every other automaker has built their business up over the course of a century and none own there service centers.

 

Well, the guy absolutely HAS to be a half bubble off plumb. He's built Tesla from a tiny effort and into a viable car company. AND he started a space company. Any single one of this things is sheer insanity, and he's done them both...at the same time.

So he has some whacky ideas. This is inevitable. And who cares? It's one helluva show.

 

Wonder how self driving vehicles will impact racing. Is the computer a better race car driver?

Augmented driving?

 

I rather have someone set very high goals as the results can still look good if/when they fall short. Setting goals exactly where you think is probable and then falling short looks bad.

 

I personally think he's doing amazing well given all he's trying to accomplish.

Anyone that's trying to even come close to doing what he is doing is going to have a lot of naysayers (I'm not pointing anyone out here, just speaking in general terms).

Yes, he's behind on several things he's promised, but he is working on all of them. I'd say The Boring Company is the most far-fetched one in my opinion, but I do think he should have the opportunity to try and prove whether it's going to work or not - if he and his investors don't care that he's spending money on it, why should I care. It doesn't cost me anything, but could end up benefiting a lot of people in the future.

I also put my $50k down on the new roadster, so that's how much I believe in him. Do I expect to get it in 2020? Nope, but perhaps 2021, and I'm fine with that.

 

You mean like PDK?

 

I personally think he's a flim flam man. Now thats what it takes gets crazy stuff done sometimes.
All I can speak for is the car division. The only way Tesla will survive is if he out sources production the a true manufacturing company or he will be left in the dust 2 years from now.

 

... now he's talking about building a pickup. Are we going to subsidize that too?

 

They're all distractions to mask whats really happening at Tesla

 

Musk reminds me of Charles Foster Kane.

When asked how long he can keep his newspaper running while loosing a million dollars a year, Kane replied 99 more years.

I think Musk does stuff because he believes it’s right or its personally exciting to him. I’m not sure that makes him a great investment risk but the world needs dreamers, even when they fail.