Thread: Elon in the pooh - again!

He stepped in it back in August, but now is finding how deep it is!

I think he has gotten ahead of himself and has a big ego / chip on his shoulder. I still believe he has some very good ideas, and is fairly smart in many areas - BUT Tesla problems has gotten bigger and out of hand and he does not know what to do. One article I read stated that his business practices are on the fringes of legal.
His aerospace and other divisions must be raking in the money to support Tesla. He does have some great ambitions for it but it is not going to his plan and I think he is scared of it failing.
Tesla is loosing billions, and he is using deposits that customers have put down for future deliveries to use to build the back order of vehicles that are yet to be delivered. He has only reached about 1/10th of his production capacity that he said he would be at by now.
They figure the biggest problem with Elon Musk is Elon Musk and I think the board want to get rid of him.

Originally Posted by crash

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Tesla is loosing billions, and he is using deposits that customers have put down for future deliveries to use to build the back order of vehicles that are yet to be delivered. ...............

Ponzi?

Dunno,........ anyone?

DL

Poor fellow has to step down from being Chairman now. Still the CEO though, but the sharks are circling.

I just cant show sympathy for gazillionairs man.
Call me bitter or whatever but na i just cant.

If you got that much coin and still screw up then likely ya only got yourself to blame.

I read that Tesla still has two billion $ in the bank, so he might hang on for a while yet.

He is a carckpot thats for sure , and may even be mentally unbalanced, but is not stupid, and a genius for sure and will go down in history as one of the most influential people of the 21st century. Changing the world for the better is my take on it.

Originally Posted by DiscoMick

I read that Tesla still has two billion $ in the bank, so he might hang on for a while yet.

He might have but the company doesn't - wonder where that all came from?...