Re:Elon Musk Confronts a Fateful Tweet and an ‘Excruciating’...
by dilyevsky on Friday August 17, 2018 @03:31AM
(#17780958)
> But the haters don't seem to bother him
uh... yeah, sure.
> it's just the short sellers who could bankrupt Tesla. But that's their job.
that's not how this works.
Re:Elon Musk Confronts a Fateful Tweet and an ‘Excruciating’...
by pzone on Friday August 17, 2018 @03:49AM
(#17781024)
> It's just the short sellers who could bankrupt Tesla. But that's their job.
Let's be clear that the thing that the only thing that could actually cause Tesla to go bankrupt would be failing to produce and deliver products as promised. Short sellers, at most, may speed up the clock a bit.
Re:Elon Musk Confronts a Fateful Tweet and an ‘Excruciating’...
by dantheman on Friday August 17, 2018 @04:29AM
(#17781185)
Most companies in their early days can easily fail -- the more ambitious they are the more likely they are on the edge. Short sellers are part of the market - I completely agree. But when you have made these giant bets, then you are actively trying to make them fail - stop further investment, dissuade customers, promote disinformation, etc.
When trying to do something new and difficult - the status quo can easily throw rocks; and it takes 10x the effort clear up bullshit than to generate it.
> Do we actually want Tesla and SpaceX to fail?
This is an issue for anyone trying to change things, haters hate anyone successful and do just want them to fail.
Elon does also though have a ton of fans (of which I'm one) so he does get the benefits too.
But the haters don't seem to bother him, it's just the short sellers who could bankrupt Tesla. But that's their job.
Also though this stress seems to be more about Tesla than SpaceX which is still private and plus it seems that Gwen Shotwell is able to take a lot of the decisions there.