SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal

Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by buboard on Thursday September 27, 2018 @04:50PM (#18088516)

The difference with Gates and Jobs is Tesla has not delivered, i.e. it has not become profitable enough to guarantee success in the future. At this point he's indispensable. (There is also the thought that without him Tesla does not have an advantage vs cheaper competitors from all around the world)

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by sosuke on Thursday September 27, 2018 @04:55PM (#18088578)

I understand I think why you say Tesla has not delivered. But I feel like Tesla kicked off the entire electric car market finally. Not to mention the space stuff. Amazing work even if he is ousted I think. Plenty of awesome stuff.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by philwelch on Thursday September 27, 2018 @05:25PM (#18088856)

> Tesla has not delivered, i.e. it has not become profitable enough to guarantee success in the future

And based on that track record, in addition to violating security laws, you conclude that Musk is essential to the business? Strange.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by tomatocracy on Thursday September 27, 2018 @06:27PM (#18089387)

There's an argument that that makes him more essential, because (so the argument goes) one thing he has been demonstrably good at is fundraising.

Not sure if I buy it or not - I've not looked into it in enough detail really - but for a Company in that kind of position it's an important attribute for the senior executive team to have.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by UpshotKnothole on Thursday September 27, 2018 @05:57PM (#18089142)

I think his point is that when you strip away the personality cult, Tesla is just an unprofitable car maker with crushing debts and trouble meeting goals.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by philwelch on Thursday September 27, 2018 @08:00PM (#18089918)

Yeah, this whole “Tesla will fail if they fire Musk” strikes me as kind of pointless, because Tesla will likely fail either way. Best case scenario is M&A, which Musk is essentially too proud to do, which means not firing him means committing to the company utterly failing.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by greglindahl on Thursday September 27, 2018 @05:07PM (#18088679)

That's a weird definition of "delivered". The car industry requires scale, and Tesla needs to be much bigger before it could possibly meet that definition of "delivered". That's why the last US mass-market car startup was Tucker.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by buboard on Thursday September 27, 2018 @05:28PM (#18088895)

do you believe the early adopters who are buying Teslas today are buying Tesla or Musk?

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by maxxxxx on Thursday September 27, 2018 @05:19PM (#18088789)

"At this point he's indispensable. "

If that's the case then there is a real management failure. It would be irresponsible to rely on one person.

Also look at MS and Apple. So far they have been doing fine without Gates and Jobs.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by kamaal on Friday September 28, 2018 @12:21AM (#18091047)

Windows has lost on Mobile OS space totally to Apple and Google. And Apple is already showing signs of not being able to think beyond the iPhone and Macbook.

That's not called doing fine.

Once the product inertia is gone, the effects of absence will show.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by unstuckdev on Thursday September 27, 2018 @04:55PM (#18088584)

This is key, I think. Microsoft had enough runway to figure it out. Apple has a multiple of that. What does Tesla have to keep it alive while they figure out the next step?

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by beamatronic on Thursday September 27, 2018 @05:12PM (#18088733)

Your comment made me think of Tim Cook. He could run Tesla the rest of the way.

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