Tesla Motors death watch

Page 22 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

Craig234

Lifer
May 1, 2006
38,548
350
126
I find it funny. The threat was opened in 2013 predicting the impending death watch of Tesla and it still hasn't happened.

I find there are many examples of why it's hard to invest on Wall Street and guess right.

There are great arguments that are wrong.

Take Tesla. "OK, you have some kid who got lucky by being involved in the startup paypal, who is rich with cash from it, after a period where dot com showed all kinds of terrible businesses created that did terribly, and that kid thinks he can just use that money to make a new car company, which hasn't happened in decades. What a joke!"

That is a pretty great argument for not investing in Tesla or for shorting it. But it was Elon Musk and he did a hell of a good job and the argument wasn't correct.
 

Brovane

Diamond Member
Dec 18, 2001
5,673
1,948
136
I find there are many examples of why it's hard to invest on Wall Street and guess right.

There are great arguments that are wrong.

Take Tesla. "OK, you have some kid who got lucky by being involved in the startup paypal, who is rich with cash from it, after a period where dot com showed all kinds of terrible businesses created that did terribly, and that kid thinks he can just use that money to make a new car company, which hasn't happened in decades. What a joke!"

That is a pretty great argument for not investing in Tesla or for shorting it. But it was Elon Musk and he did a hell of a good job and the argument wasn't correct.

There is a bit more to it than that.

Musk came to Canada from South Africa when he was 18. He knew he wanted to get a US Green Card, but it was easier to get the Green Card from Canada than the US. He then got a Green card and came to the US 1995 at 24 years old. He founded Zip2 with his brother which eventually got acquired by Compaq in 1999 and he got $22M. Funny video of a young Musk getting a McClaren F1 back in 1999 - https://www.youtube.com/watch?v=kSHUha9ABNY

Shortly after Zip2 got bought Musk then founded X.com to do online financial service. This company then merged with Paypal in 2000. Eventually when Paypal was bought by Ebay in 2002 he received $165M.

He then founded SpaceX in 2002 and he used $100M of his Paypal money to do this.

In 2004 he joined Tesla a investor and then starting taking a more active role in the company. In 2008 he assumed a leadership role at the company. The rest is history.
 

Red Squirrel

No Lifer
May 24, 2003
68,480
12,622
126
www.anyf.ca
I don't think Tesla is going anywhere any time soon. But if their stuff does in fact revolutionize energy usage the government might step in and change that. Their easiest bet is to just make some kind of ridiculous regulation on usage/implementation/shipping of lithium ion batteries. They can use the note 7 as a reason. The public will eat it up. "those things are so dangerous, we can't have all these cars going around with such dangerous explosive batteries!"
 

Ichinisan

Lifer
Oct 9, 2002
28,298
1,235
136
I don't think Tesla is going anywhere any time soon. But if their stuff does in fact revolutionize energy usage the government might step in and change that. Their easiest bet is to just make some kind of ridiculous regulation on usage/implementation/shipping of lithium ion batteries. They can use the note 7 as a reason. The public will eat it up. "those things are so dangerous, we can't have all these cars going around with such dangerous explosive batteries!"
So the government doesn't want the country to be more efficient and competitive with other countries?
 

Red Squirrel

No Lifer
May 24, 2003
68,480
12,622
126
www.anyf.ca
So the government doesn't want the country to be more efficient and competitive with other countries?

They don't want the oil industry to potentially be under any kind of threat. If they see that things might be heading that way they will do what it takes to change it.
 

Mai72

Lifer
Sep 12, 2012
11,562
1,741
126
Elon Musk is crazy, narcissistic, huge risk taker, maniac, nut job, and wacked. Oh, and he's a frekin genius. They will be talking about Elon's accomplishments long after he's dead. He will be immortalized as someone who changed space travel. And how we use our cars. Maybe, if the planet is really under threat it will be Elon who saves humanity by colonizing Mars.

Remember the Wright Brothers? They were also laughed at and called many names. In the end they brought forth aviation and their names live on today. Elon will be on the same level.
 

Rebel44

Senior member
Jun 19, 2006
742
1
76
They don't want the oil industry to potentially be under any kind of threat. If they see that things might be heading that way they will do what it takes to change it.
If you thing oil industry is that loved by federal government, or has that much influence, you havent been paying attention for many years.
 

Red Squirrel

No Lifer
May 24, 2003
68,480
12,622
126
www.anyf.ca
If you thing oil industry is that loved by federal government, or has that much influence, you havent been paying attention for many years.

You have to read between the lines, really. Oil is pretty much the main resource that governments of the world fight for and want full control of. This comes before lives. This is why the Iraq war even started, and now Syria. If the governments really wanted to end ISIS they would have done it like 10 years ago.

Any time there is an alternate energy project, it always ends up riddled with corruption and is rendered to cost more than what it should have saved. The idea here is to give public the idea that they are not viable and we should just continue using oil.

If oil industry went down, so would the government. They are pretty much tied together. Moves like denying the XL pipe line are political moves, they make sense to them at the time.

Governments also don't want people to be self sufficient. Stuff like solar allows this even more so if ever we see a new battery tech. That's why a lot of places make solar illegal, or even make it illegal to collect rain water. It's also illegal to go off grid in some places. If you are not connected to the grid your house is considered abandoned and property of the state. They'll haul your ass to jail. It's ridiculous really. Freedom is an illusion.
 

Capt Caveman

Lifer
Jan 30, 2005
34,543
651
126
You have to read between the lines, really. Oil is pretty much the main resource that governments of the world fight for and want full control of. This comes before lives. This is why the Iraq war even started, and now Syria. If the governments really wanted to end ISIS they would have done it like 10 years ago.

Any time there is an alternate energy project, it always ends up riddled with corruption and is rendered to cost more than what it should have saved. The idea here is to give public the idea that they are not viable and we should just continue using oil.

If oil industry went down, so would the government. They are pretty much tied together. Moves like denying the XL pipe line are political moves, they make sense to them at the time.

Governments also don't want people to be self sufficient. Stuff like solar allows this even more so if ever we see a new battery tech. That's why a lot of places make solar illegal, or even make it illegal to collect rain water. It's also illegal to go off grid in some places. If you are not connected to the grid your house is considered abandoned and property of the state. They'll haul your ass to jail. It's ridiculous really. Freedom is an illusion.

And you're an idiot.
 

Ichinisan

Lifer
Oct 9, 2002
28,298
1,235
136
You have to read between the lines, really. Oil is pretty much the main resource that governments of the world fight for and want full control of. This comes before lives. This is why the Iraq war even started, and now Syria. If the governments really wanted to end ISIS they would have done it like 10 years ago.

Any time there is an alternate energy project, it always ends up riddled with corruption and is rendered to cost more than what it should have saved. The idea here is to give public the idea that they are not viable and we should just continue using oil.

If oil industry went down, so would the government. They are pretty much tied together. Moves like denying the XL pipe line are political moves, they make sense to them at the time.

Governments also don't want people to be self sufficient. Stuff like solar allows this even more so if ever we see a new battery tech. That's why a lot of places make solar illegal, or even make it illegal to collect rain water. It's also illegal to go off grid in some places. If you are not connected to the grid your house is considered abandoned and property of the state. They'll haul your ass to jail. It's ridiculous really. Freedom is an illusion.
So government would reject a technology that reduces oil dependence and gives them an immediate advantage in this "fight?"
 

ultimatebob

Lifer
Jul 1, 2001
25,134
2,446
126
Elon Musk is crazy, narcissistic, huge risk taker, maniac, nut job, and wacked. Oh, and he's a frekin genius. They will be talking about Elon's accomplishments long after he's dead. He will be immortalized as someone who changed space travel. And how we use our cars. Maybe, if the planet is really under threat it will be Elon who saves humanity by colonizing Mars.

Remember the Wright Brothers? They were also laughed at and called many names. In the end they brought forth aviation and their names live on today. Elon will be on the same level.

Nikola Tesla was considered to be a genius as well, but he died a pauper because people more business savvy than himself capitalized on his ideas. It's kind of ironic that the company that Elon Musk founded in his honor might end up with the same fate as the big auto manufacturers figure out how to make reasonably priced electric cars and steal his market share.
 
Last edited:

Drako

Lifer
Jun 9, 2007
10,697
161
106
Nikola Tesla was considered to be a genius as well, but he died a pauper because people more business savvy than himself capitalized on his ideas. It's kind of ironic that the company that Elon Musk founded in his honor might end up with the same fate as the big auto manufacturers figure out how to make reasonably priced electric cars and steal his market share.

No irony found.
 

norseamd

Lifer
Dec 13, 2013
13,990
180
106
So government would reject a technology that reduces oil dependence and gives them an immediate advantage in this "fight?"

Im not going to suggest anything outside of the specific area that I am commenting on, but in general businesses and lobbyists tend to often have a very corrupting affect on governments, even when the possible path offers huge geopolitical benefits or societal benefits. Im guessing what Red Squirrel is talking about, and maybe your response, might be dealing with or insinuating something else altogether, but I figured I might as well get the white elephant out of the room.
 

Kaido

Elite Member & Kitchen Overlord
Feb 14, 2004
48,707
5,462
136
sale-70-410-exam    | Exam-200-125-pdf    | we-sale-70-410-exam    | hot-sale-70-410-exam    | Latest-exam-700-603-Dumps    | Dumps-98-363-exams-date    | Certs-200-125-date    | Dumps-300-075-exams-date    | hot-sale-book-C8010-726-book    | Hot-Sale-200-310-Exam    | Exam-Description-200-310-dumps?    | hot-sale-book-200-125-book    | Latest-Updated-300-209-Exam    | Dumps-210-260-exams-date    | Download-200-125-Exam-PDF    | Exam-Description-300-101-dumps    | Certs-300-101-date    | Hot-Sale-300-075-Exam    | Latest-exam-200-125-Dumps    | Exam-Description-200-125-dumps    | Latest-Updated-300-075-Exam    | hot-sale-book-210-260-book    | Dumps-200-901-exams-date    | Certs-200-901-date    | Latest-exam-1Z0-062-Dumps    | Hot-Sale-1Z0-062-Exam    | Certs-CSSLP-date    | 100%-Pass-70-383-Exams    | Latest-JN0-360-real-exam-questions    | 100%-Pass-4A0-100-Real-Exam-Questions    | Dumps-300-135-exams-date    | Passed-200-105-Tech-Exams    | Latest-Updated-200-310-Exam    | Download-300-070-Exam-PDF    | Hot-Sale-JN0-360-Exam    | 100%-Pass-JN0-360-Exams    | 100%-Pass-JN0-360-Real-Exam-Questions    | Dumps-JN0-360-exams-date    | Exam-Description-1Z0-876-dumps    | Latest-exam-1Z0-876-Dumps    | Dumps-HPE0-Y53-exams-date    | 2017-Latest-HPE0-Y53-Exam    | 100%-Pass-HPE0-Y53-Real-Exam-Questions    | Pass-4A0-100-Exam    | Latest-4A0-100-Questions    | Dumps-98-365-exams-date    | 2017-Latest-98-365-Exam    | 100%-Pass-VCS-254-Exams    | 2017-Latest-VCS-273-Exam    | Dumps-200-355-exams-date    | 2017-Latest-300-320-Exam    | Pass-300-101-Exam    | 100%-Pass-300-115-Exams    |
http://www.portvapes.co.uk/    | http://www.portvapes.co.uk/    |