Tesla Stock

I wonder what would happen to Tesla if Elon got struck by lightning and was gone ?

Would the company survive under new leadership and direction ?
 
ZeeOSix said:
^^^ Self driving cars are "5 times more valuable" ... 😄
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Maybe?

How much more valuable is a tractor/ trailer driving team over an individual driver? A team is significantly move than two times more valuable. Tractor trailer teams provide significant value over individuals drivers not only than the (1) tractor/ trailer can be used significantly more hours per day, but a team can deliver certain loads in a time frame that an individual driver can't (by CDL- DOT statutes). Next is a (2)team can provide direct and indirect security over an individual driver in numerous ways. A driver sleeping in the tractor may not be aware their trailer is being pilfered. A team driver sleeping in the tractor while the other team member is driving, harder to pilfer from a trailer while it is being driven. (3) if a driver is responsible for tarping a load, a team is significantly more efficient than a one person tarper, (4) certain loads prohibit the load being "stopped", a team can accept that load, a individual driver can't- and these loads often pay a super premium, (5) A team can deliver many more loads over a year than an individual, with the same truck/trailer, that is a significantly larger return on CAPEX.

On the surface, it is easy to state a team tractor trailer driver is two times more valuable than an individual tractor trailer driver. Analysis identifies a team tractor trailer driver can be significantly more than two times more valuable than an individual driver. One can apply the same to a self-driving car. Lets informally explore.

Self driving car- (1) no workman compensation for the driver, (2) less accidents, (3) no calling in sick, (4) no lunch or bathroom breaks, (5) no vehicle abuse. I am sure there are dozens of more reasons that a self-driving car can be five times more valuable than a individual hired to drive a car.
 
The argument is most cars sit in the driveway 90% of the time. So a self driving taxi can be summoned at will and you don't need to own a car.

Problem with this is everyone needs to go to work at 8:00AM, and not many need to go to work at 11. So were still have the issue of peak demand and not self driving taxi around. If the argument worked, then we could all just get rid of our cars and use Uber, but if you ever tried to get an Uber at peak you can't find one, and if you do you pay for surge.

So I think this model is a false argument personally. I do like the idea of self driving cars nonetheless, I just don't see it as 5X. Maybe 2X?

Of course a flying car would be worth 5X as well. But were likely no closer to those either.
 
Dave Hess said:
I wonder what would happen to Tesla if Elon got struck by lightning and was gone ?

Would the company survive under new leadership and direction ?
Click to expand...
I believe they would prosper with the right CEO. I like the idea of mass produced mail order cars and Tesla. To me they are stagnant. Same old models… let me pick from a wide selection of vehicles and the popular SUV styles at fair prices.
I understand the batteries are a problem, to costly, why not some hybrid’s maybe too.

I'm one to buy EVERYTHING on line.
I can’t help feel they pulled the plug on themselves(pun is intended!)

They got problems and I don’t know the answer, companies like GM and Toyota are already there for mainstream USA and China is coming here too.

I like car shopping, I hate most dealers sales techniques
 
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You can be sure that Elon has been mentoring at least a couple of "Mini Me's" to take over the helm in case anything happens to him or he decides to move on to other things.The general public just don't know who they are yet.

I agree that Tesla needs a major refresh of their lineup. The Model X is a dog, you hardly ever see them. The Model 3 and Model Y need major restyling. The old Volkswagen Bug business model of not being able to tell one model year from another starts to look like a bad idea after 3 or 4 model years.
They should drop the Model X and produce a mid size, 2 row SUV to compete with the enormously popular Toyota RAV4's, Mazda CX 5's and many others in that form factor category. And hurry up with the Model 2.

If and when Tesla is in mass production with their Semi Truck, the robots and the Robo Taxi and is licensing their FSD technology and battery technology, the Tesla phone and who knows what else, the stock value will skyrocket again. Whether that will be 2X the current level or as much as 5X is anyone's guess.

I'm still fairly confident that it will go to $400 again by 2027. So I will continue to sit on my shares.
 
Dave Hess said:
Yeah, what excuse will Elon have when no press cars the media can drive or no Model 2 available to purchase ?

I still believe Tesla is very innovative and stock still waaaaay overpriced.

Does Tesla have a ‘test track’ to test Model 2 like BMW has in Greer, SC ?
Maybe Tesla has one and no spy shots yet.
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Go ahead and ask the questions, but his answers will probably be dismissive like how he responded recently to the Business Insider reporter:

"I don’t think xyz is a real publication, so let’s move on to the next question.”​

 
Business Insider has a decidedly left bent to it so it is no surprise that Elon was dismissive. We may not always like what Elon says, but if I had the kind of eff you money he has I'd be unfiltered too.
 
SC Maintenance said:
The argument is most cars sit in the driveway 90% of the time. So a self driving taxi can be summoned at will and you don't need to own a car.

Problem with this is everyone needs to go to work at 8:00AM, and not many need to go to work at 11. So were still have the issue of peak demand and not self driving taxi around. If the argument worked, then we could all just get rid of our cars and use Uber, but if you ever tried to get an Uber at peak you can't find one, and if you do you pay for surge.

So I think this model is a false argument personally. I do like the idea of self driving cars nonetheless, I just don't see it as 5X. Maybe 2X?

Of course a flying car would be worth 5X as well. But were likely no closer to those either.
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Not to mention the vomit in the back seat.
 
Tesla stock price jumps today. Preliminary results show the majority of investors approved Elon Musks $51billion pay package.
It is not clear however that will overrule the court ruling that said it is excessive.
 
Tesla, just announced investors file another suit against Elon Musk, claiming an artificial intelligence drain on Tesla.
This is also also a test post for @wwilson even though I’m on a different device I’ve had issues on my iPhone in the past. No issue to make this post.

https://techcrunch.com/2024/06/13/tesla-shareholders-sue-musk-for-starting-competing-ai-company/

Maybe I’m missing something here, but I just can’t fathom seeing so many lawsuits against a CEO, another one was filed at the beginning of the month claiming insider trading. I know it happens and maybe it’s just because he’s so active on social media that we hear about it more often.
 
alarmguy said:
Tesla stock price jumps today. Preliminary results show the majority of investors approved Elon Musks $51billion pay package.
It is not clear however that will overrule the court ruling that said it is excessive.
Click to expand...
I may well be mistaken, but I thought the ruling was based upon the argument Musk had too many friends and associates on the board. I don't think the court can overrule the shareholders that voted on the pay package regardless of how much it is.
I do wonder if this vote will negate the multi billion dollar payday the scum lawyers that opposed the Musk payments are seeking.
 
ArrestMeRedZ said:
I may well be mistaken, but I thought the ruling was based upon the argument Musk had too many friends and associates on the board. I don't think the court can overrule the shareholders that voted on the pay package regardless of how much it is.
I do wonder if this vote will negate the multi billion dollar payday the scum lawyers that opposed the Musk payments are seeking.
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You’re correct the judge called it excessive as part of the ruling and felt if he didn’t have so many friends and associates on the board this would not have happened.

Absolutely the board has been overruled. Now that it’s been revoted and moving from Delaware to Texas they’re charting unknown territory at this time.

Shareholders have rights. The board and CEO fiduciary responsibility is to act in the best interest of the shareholders. If it can be proven that they were not there lies the case. I honestly do not follow it too closely.
 
alarmguy said:
Tesla stock price jumps today. Preliminary results show the majority of investors approved Elon Musks $51billion pay package.
It is not clear however that will overrule the court ruling that said it is excessive.
Click to expand...

I think the ruling voiding the salary can be challenged, or Tesla can move away from Delaware entirely, which makes the ruling moot.
 
Nessism1 said:
I think the ruling voiding the salary can be challenged, or Tesla can move away from Delaware entirely, which makes the ruling moot.
Click to expand...
Absolutely anything could be challenged. The board would have to vote to move away from Delaware.
However, there is a question even if they do move away from Delaware that does not mean the ruling won’t stand.
I don’t follow it too closely, but let’s say they incorporate in Texas. A judge would have to I guess administer another opinion overruling Delaware that they would not be part of anymore and they say sometimes judges are hesitant to do that.

I’m not professing to have followed up on this, but I think it’s reasonable to say number one first Tesla’s board has to vote to move, Elon musk does not have the say if they move only the board does. That part I am clear on to the best of my knowledge that has not even happened yet.

Once that is done, and if it’s done, then the state they reincorporating in this case, Texas would have to strike down Delaware ruling.
The reason this is all the gray area is because the one and only Elon Musk treads in very funky areas
 
alarmguy said:
Absolutely anything could be challenged. The board would have to vote to move away from Delaware.
However, there is a question even if they do move away from Delaware that does not mean the ruling won’t stand.
I don’t follow it too closely, but let’s say they incorporate in Texas. A judge would have to I guess administer another opinion overruling Delaware that they would not be part of anymore and they say sometimes judges are hesitant to do that.

I’m not professing to have followed up on this, but I think it’s reasonable to say number one first Tesla’s board has to vote to move, Elon musk does not have the say if they move only the board does. That part I am clear on to the best of my knowledge that has not even happened yet.

Once that is done, and if it’s done, then the state they reincorporating in this case, Texas would have to strike down Delaware ruling.
The reason this is all the gray area is because the one and only Elon Musk treads in very funky areas
Click to expand...

Pretty sure, a Delaware ruling is mute in Texas. It's a do-over.
 
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