Tesla Is a Confidence Game(twitter.com)
twitter.com
Tesla Is a Confidence Game
https://twitter.com/tweetermeyer/status/1527658189784854528
20 comments
“But Tesla has always been financially precarious” is a direct quote from his thread, which tells you everything you need to know: the author is playing fast and loose with facts and his audience is gullible enough not to look up basic things like the fact that Tesla’s net was 5b last year and is so far on track to more than double it.
he is referring to how the company has almost gone bankrupt several if not many times. even Musk himself has disclosed as much - after the fact, of course.
And somehow they're worth a trillion dollars??
The other auto companies carry a combined debt load close to 1T.
The market is pricing future growth and revenues. Tesla is out innovating, building faster, has better margins, and will be much more than a car company.
The market is pricing future growth and revenues. Tesla is out innovating, building faster, has better margins, and will be much more than a car company.
I will never buy one of their cars unless quality and service experience improves, and am grateful there are so many more options now. No need to look back.
It's frustrating that he's so polarizing that everybody seems to oversimplify their discussions of him by reducing everything to one very narrow perspective. Tesla is a confidence game? Come on - Tesla is a company that has so much demand for its cars that people wait months to buy them, and it's done an enormous amount to shift the entire industry to electric vehicles.
That's not to say that a lot of these tweets are wrong - especially in the early days Tesla was been very much driven by Musk selling futures. He's also said things that were objectively false (see most of the dates he's ever given for stuff). But that doesn't mean the company isn't real - of course it is. And of course there are reasons beyond his charisma and ability to control information that Tesla has had so much success. Both things can be true!
It's the same thing with him personally - he's clearly incredibly intelligent and a very savvy businessman, but he also called a dude on Twitter a pedo because the guy said mean things about his submarine plan. He can be both someone who has contributed enormous things to society (particularly in terms of how much he's helped to push electrification) but also somebody who acts like a real dumbass sometimes.
Edit: typo
That's not to say that a lot of these tweets are wrong - especially in the early days Tesla was been very much driven by Musk selling futures. He's also said things that were objectively false (see most of the dates he's ever given for stuff). But that doesn't mean the company isn't real - of course it is. And of course there are reasons beyond his charisma and ability to control information that Tesla has had so much success. Both things can be true!
It's the same thing with him personally - he's clearly incredibly intelligent and a very savvy businessman, but he also called a dude on Twitter a pedo because the guy said mean things about his submarine plan. He can be both someone who has contributed enormous things to society (particularly in terms of how much he's helped to push electrification) but also somebody who acts like a real dumbass sometimes.
Edit: typo
> has so much demand for its cars that people wait months to buy them
Supply not being able to keep up with demand does not necessarily mean there is particularly high demand.
Supply not being able to keep up with demand does not necessarily mean there is particularly high demand.
Well, they’re delivering quite a few, and they’re pretty clearly outselling all the other EVs in the US, so it appears that there’s high demand as well.
How many units does the Model S sell vs its ICE peers?
If I’m reading right, they apparently sell a bit less than the BMW 5 series, and much more than the 7 in the US.
If it is true that Musk is so much rectal sunshine, then one suspects his "rightward" drift and Twitter war may bring the beat-down.
However, the attempted #MeToo play with exposing himself was pure cliche. The guy thrives on self-promotion. Keep to valid complaints, if any.
However, the attempted #MeToo play with exposing himself was pure cliche. The guy thrives on self-promotion. Keep to valid complaints, if any.
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The people that believe snake oil is medicine and the people that believe medicine is snake oil are cut from the same cloth.
This thread is just motivated reasoning bullshit (whatever your personal opinion of Elon Musk), flagged.
This thread is just motivated reasoning bullshit (whatever your personal opinion of Elon Musk), flagged.
People could literally be living on mars and some guy on Twitter will still be writing long tweet threads about how it’s all a con.
If you want people to take you seriously, don't communicate in a series of tweets; on the other hand if you want to look like a raving lunatic on the internet, go ahead and spell out your manifesto in a long series of tweets.
Are you talking about Elon Musk here, or Niedermeyer? The thread is summarizing things he has put down in long form in his book Ludicrous.
Anyone. All I saw was the link to some guy raving on twitter in a long series of tweets. Should have went with the book link, would have made him seem more credible.