Is Elon Musk’s erratic behaviour just the price we need to pay for brilliant entrepreneurs? Kathy Gromotka, associate at Downing Ventures, says YES. We back entrepreneurs because we buy into their desire and ability to behave in a way that creates value, whether they’re a star in the spotlight or operating in stealth mode. Elon Musk’s behaviour, erratic or not, is the price we pay for Elon Musk’s vision – for electric cars, for solar power, and eventually for space travel. If shareholders have bought into Musk’s vision for creating value, and into his maverick persona that generates constant publicity, then his behaviour along the way while executing this vision shouldn’t matter, so long as he is not deviating from the end goal and is creating more good than harm. Twitter storms and odd interviews aren’t a problem in and of themselves. Of course, if those tweets and comments are directly responsible for sinking the value of the company, … [Read more...] about DEBATE: Is Elon Musk’s erratic behaviour just the price we need to pay for brilliant entrepreneurs?
Who is elon musk
Tesla and Elon Musk have always made big promises. Now those promises could cause big problems. The reason is simple: When companies make promises, shareholders count on them. And when companies fail to deliver, it can cause legal trouble. The Securities and Exchange Commission is reportedly looking at Musk's tweet earlier this month that he had "funding secured" to take Tesla private. Musk's surprise announcement briefly sent the stock soaring. Musk later explained that he was talking about a meeting he had had with officials of the Saudi sovereign wealth fund. He said he left the meeting with "no question" that a deal could be closed. But he gave no indication — and still hasn't — that he had "secured" funding. Regulators are reportedly looking at other Tesla promises, too. The Wall Street Journal reported Friday that the SEC has subpoenaed a Tesla parts supplier in a probe into whether it misled investors last year about production of the Model 3, Tesla's … [Read more...] about How much trouble is Elon Musk in?
Aug 14, 10:54 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Pronita Naidu AND Ramsey Touchberry 08/14/18 AT 10:24 AM With not many specifics available yet on Elon Musk's Aug. 7 tweet about taking electric car maker Tesla private, analysts covering the company are debating if his $420-a-share proposal is a fair price for the stock, or if the transaction will even materialize.Six of the 13 analysts who International Business Times/Newsweek spoke to think Musk’s offer, which would value Tesla at $71 billion, is not a fair price for investors.On the other hand, six others aren’t sure if the taking-private deal would even materialize, citing the current fundamentals of the company. They have price targets well below $400 for the stock, with Cowen setting it as low as $200. Among the latter six, Efraim Levy, senior equity analyst at CFRA Research, did not provide a price target but thinks “there is … [Read more...] about Tesla Stock Price: Is Elon Musk’s $420-A-Share Proposal Fair?
Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Advertisement Supported by ByMatt Stevens May 24, 2018 Elon Musk, the billionaire who has ambitions to colonize Mars and whose companies make electric vehicles and rockets, spent part of his Wednesday criticizing an already beleaguered and much-maligned group of humans on Earth. Yes, Mr. Musk, 46, the chief executive of SpaceX and Tesla, could not help unloading on the news media — members of which have written articles, especially in recent months, about the many problems that have plagued his companies. (Among them: delays in the production of Model 3s; a deadly crash that occurred when a Model X’s Autopilot system was engaged; and questions about Tesla’s ability to pay off its debt amid continued quarterly losses.) In a series of tweets that ranged from bizarre to pithy, Mr. Musk called the media … [Read more...] about Why Is Elon Musk Attacking the Media? We Explain. (Also, Give Us a Good Rating!)
Published May 08, 2018 Markets Motley Fool Facebook Twitter Comments Print In this segment from the Market Foolery podcast, host Chris Hill and David Kretzmann of Motley Fool Rule Breakers and Supernova discuss the news out of Tesla (NASDAQ: TSLA). They open with the basic numbers from its first-quarter report, which were bad, admittedly -- but still better than expected. Its cars may have a "ludicrous speed" option, but that's not a feature CEO Elon Musk can activate in his factories, and the ramp up of production is still behind schedule. Of course, the Fools talk about the company's need to raise capital, and its CEO's view of when it will get to profitability. But the more interesting story is how the conference call went into the tank after Musk got tired of the dry questions from analysts. Continue Reading Below A full transcript follows the video. 10 stocks we like better than TeslaWhen investing geniuses David and Tom Gardner have a stock tip, it … [Read more...] about Tesla Booked a Record Loss in Q1 — but All Anyone’s Talking About Is Elon Musk’s Conference Call