“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.
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.
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.
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.
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.
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.