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RE: Tesla shareholders in for another wild earnings call?

in #tesla6 years ago

"Elon Musk never cared about Tesla profit. He's interested only in keeping this Zeppelin flying so he can get most money out of it. And then let it explode in investors face."

Musk stated publicly that he didn't care about Tesla profit. He stated his intention was to change the automobile industry and make them produce electric cars, which has been achieved.

I believe he also intends to create industry suitable for Martian development, which all his companies do. While I don't disagree with the dismay of investors in Tesla as a for profit concern, Musk has proved to be a genius at achieving suitable Martian development infrastructure, which has always been his publicly stated goal.

Profit has not, and I wouldn't expect it. This is why I wouldn't recommend investing in Tesla, unless I sought to develop Mars rather than generate profit.

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Elon Musk is running Tesla for profit - just his personal.
Who's not making profit and won't ever be are investors.

He's not going to change the automobile industry but it going to make it into history books as author of what could be the closest to Ponzi scheme in history of automobile - selling promises for over 10 years while tunneling money bit by bit out of company.

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