Tesla Bankwuptcy — Final Chapter, 14.5
“Tesla bankwuptcy” would perhaps be better termed “shorts losing their shirts”
“Tesla bankwuptcy” would perhaps be better termed “shorts losing their shirts”
I just published a long piece on why I think Tesla CEO Elon Musk was so wrong in his reactionary, broad-brushed response to certain media coverage. But as a great reminder of what has been raising his blood pressure for months or years, the NYTimes coverage regurgitated the narratives that have pushed Elon over the edge — without putting them in proper context. Ugh. Do you have to do such a poor job responding to his criticisms when we need to convince Sir Elon to keep away from generic media bashing?
Look, believe it or not, Elon Musk has more followers than I do. He has more expertise in electric drivetrains, batteries, big-ass rockets, and building multi-billion-dollar companies. In a “who’s more credible when it comes to cleantech” poll, there’s a solid chance the cleantech king would win — and win big. As it should be. I expect him to have more nuts & bolts expertise than me!
Did you fall for this clickbait headline? You are not alone. Even the serious Dutch press thought it worthy to write about a car factory in California which performs normal scheduled upgrades/improvements on their production line while it is in development. When the local village paper in Fremont, California, mentions it because of the extra visitors to the shopping mall, that is understandable. But what crazy world do we live in that this is worldwide news? This has happened a number of times, by the way.
Two consumer advocacy groups have asked the FTC to investigate whether Tesla is using deceptive trade practices in the way it markets it Autopilot system. So far, the agency has not said if it will begin a probe into the company’s policies.
Elon Musk went on a Twitter rampage yesterday, saying negative press attention about Tesla is driven by Big Oil and the auto industry. Is he right?
Armchair analysts, bitter bloggers, and snarky shorts continue to take shots at Tesla’s Elon Musk. This doesn’t mean, however, that some big-time billionaires aren’t impressed with the brash leader of Tesla. CNBC had a few high-profile guests discuss their views on Musk and his leadership at Tesla. And even though some have been quick to call Musk a bad CEO, billionaires Mark Cuban and Ron Baron see things differently.
The Fully Charged crew recently met up with the guys at QWest who have developed a custom Tesla Model S Shooting-brake, which is more commonly known as a wagon on this side of the pond. It is perhaps the only Tesla out there where people spend more time looking at the rear end than the usual juicy bits like the touchscreen.
Tesla has tweeted a video of a Model X towing a really large aircraft. And the point is…..?
When it comes to electric vehicles, it’s all about the batteries. The appearance of powerful, low-cost batteries was the technological advance that made modern EVs possible. Tesla’s battery technology is one of the major reasons it has been able to leapfrog the legacy automakers. And it’s batteries that hold the key to the future of electrification: the quest to deliver EVs that can truly replace fossil fuel vehicles centers on improving battery technology.