I think that's pretty telling. Regular Tesla owners like myself seeing the value Elon has brought to us, both in cars and wealth. And most Tesla owners I know are not part of "The cult of Elon". I think the guy is a ****...a very brilliant **** 🤣

As far as the 30 percent drop in TSLA, you can partly chalk it down to uncertainty, slower EV sales, and of course some news Elon makes

 

I firmly believe that if Elon was as restrained with Tesla as he was with SpaceX, the company would be doing better

 

AAPL went public over 40 years ago. NVDA in 1999. Both companies and CEO's should be praised for insane performance (and they are). Find other companies similar to TSLA since 2012 with 13,000 % gains and find me a CEO getting criticized for not creating shareholder value. Musk is polarizing. It's fine. But I have a very hard time when people claim he hasn't created share holder value when you could've randomly thrown $1k at something when the model S came out (2012) and have close to $1.5 million now. To not give credit to the CEO would be.... bizarre... among other things.

 

Its not about not giving or giving Elon credit, its about whether or not the BOD is truly independent of him.

 

Tesla’s gain isn’t particularly remarkable, and in any event you’re posting from
an article when the price was higher than it is before Musk sent the price into a tailspin. Maybe easier to just admit you had absolute no idea how far it was behind others seen as peers.

And comprehension is key. I didn’t say he hasn’t created shareholder value. I did say the performance was unremarkable.

 

You sure?
"and in terms of pure shareholder value his performance isn't all that stellar."

And "Tesla's gain isn't particularly remarkable." In 12 years, up somewhere in the range of 13k times your initial investment. Can you go back to 2012 and list all the companies with 10,000% gain from that point to today?

I didn't just copy/paste what was in the article, I trended the number down a bit knowing the stock is down since Oct/Nov when the article was published.

 

How many Board members slept at the factory when it was do or die to get production where it had to be on the model 3 for the company to survive? Literally on the verge of bankruptcy. The ultimate tipping point.

 

Yes. In terms of pure shareholder value his performance isn’t stellar. Particularly relative to peers. My post wasn’t ambiguous.

 

Please correct if I'm mistaken, but I read somewhere that Nvidia's surge is partly to Tesla buying up it's chips. As I read, they are spending $3 to $4 Billion this year, boosting record sales

 

Did you miss Musk telling Nvidia to divert GPUs allocated to Tesla to Twitter instead?

 

OK, so now define his peers. Toyota, Ford, GM, Lucid, Rivian..? Or you're going to pick NVDA and AAPL as peers because their stock has outperformed Tesla even though they are in completely separate verticals in companies that have operated globally for decades?

If you want to pick AAPL as a peer, just know that $10k invested in AAPL in 2012 (same timeframe) would be $106k as of June 2022. That would be $13 million with TSLA. Source: https://www.fool.com/investing/2022/...ow-much-today/

 

Musk himself told investors not to judge Tesla as a car company on the most recent earnings call.

 

No, I didn't miss that, I read his explanation, for it and I'm fine with the explanation. Had he stolen them for X, that would be a problem for me. Was that illegal diverting them? I don't think so

 

You took the words (or writing) right out of my mouth. I consider his peers Rivian, Lucid, GM and Toyota, not Apple or Nvidia. I don't care if Musk does say Tesla is not a car company. I don't think he means that literally

 

OK, so if you compare him to AAPL since 2012, where would you rather invest? $105k total? Or $13 million total on the same investment?

Pick 15 other companies. NVDA will be the 1 of 15 that you might have an investment argument.

You can't pick the peer group and timeframe to fit your narrative. So from 2012 to today, tell me other companies you would've rather invested. AAPL is a bad choice, but you chose the peer group.