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At least part of the point is building/repairing credibility with the capital markets. Elon Musk has made numerous black-and-white promises to the capital markets and has come up (well) short on most of them. Having previously promised that they would become cash-flow positive and not need to raise further capital, it would be unfortunate if they came up short on that promise AND short on significant production number promises leading up to the next capital or debt raise.

I suspect another significant motivation is more local leadership: set the tone of aggressive milestones for the company and then lead the company to achieve a goal that few thought was possible.

Disclaimer: I generally admire Elon Musk and his achievements, most specifically Space-X, though I am short $TSLA right now as I don't see any way they're going to navigate positively through what's ahead of them in the next 8-12 months, and don't think that Tesla as a car company is worth more than GM or 1.4x Ford.




"At least part of the point is building/repairing credibility with the capital markets"

In order to do that it would probably help to not cut off investors asking legitimate questions with snide comments to then devote significant parts of that call to answer questions by a fawning Youtube "personality" fan during an investor conference call.




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