When Elon Musk announced Tesla’s Model 3 sedan, it was sort of obvious that he was getting way out ahead of his wheels on the pricing and delivery goals of the company’s first mainstream car. At least it was to me. Sure enough, instead of a sub-$30K car (after rebates) in[…] Read On
Some stories just don’t pass the laugh test. No matter who reports them. ICYMI, the Wall Street Journal reported that a billionaire-to-billionaire phone call from Mark Cuban to Elon Musk made the difference in the Tesla CEO’s change of heart on SEC fraud charges. According to the Journal, Musk was[…] Read On
Two years ago, Elon Musk revealed his Master Plan, Part Deux for Tesla. Sounded great. Unfortunately, and I have no idea how this could have happened, that plan appears to have been a fake. This, I believe, was Musk’s real plan: Paint a bullseye on the company by taking nearly[…] Read On
“In the interview on Thursday, Mr. Musk alternated between laughter and tears.” – New York Times If you got anything from the New York Times’ revealing interview with Tesla CEO Elon Musk, it’s that the billionaire entrepreneur is completely miserable. The man is stressed out, sleep deprived, paranoid that short-sellers[…] Read On
Elon Musk is resorting to desperate measures to hit his promised run rate of 5,000 Model 3 sedans a week. Tesla’s eccentric CEO has built an ad hoc “tent factory” out of spare parts from the company’s Fremont assembly line. “Words fail me. It’s insanity,” said Bernstein Analyst Max Warburton,[…] Read On
When a publication – any publication from anywhere in the world – even hints at something controversial out of President Trump’s mouth, it becomes headline news from every media outlet on Earth. Oftentimes it’s fake headline news. Yesterday, Germany’s WirtschaftsWoche ran the following story, “Trump Wants to Block Daimler From the[…] Read On
Nobody likes an angry showman. When investors need a distraction from disastrous earnings, Tesla CEO Elon Musk is usually a master at coming up with some shiny new object for them to focus on. That did not happen on Wednesday’s earnings call. Musk told investors — the folks who actually[…] Read On