Thursday, April 25, 2019


Okay, so Tesla has lost heaps of money in the first quarter of 2019, and the share market has gone into meltdown - which I think is completely unnecessary.

Yes, the Tesla 3 deliveries have been late, inconsistent, and have impacted on cashflow, but as we all know Elon Musk is not a conventional carmaker - he's out of left field.

I still don't think we can write-off Tesla, just because it's different. I think the problem is constraining Musk's tendency to get bored easily and move between projects.

There's no doubt that the Model S and Model X work just fine (albeit with a few glitches), and the Model 3 shows great potential, so in my mind despite Musk's lapses of concentration in his total dedication to car-making, it's become a genuine EV competitor.

I think a lot of the judgements of Musk/Tesla come from institutionalised car people, and analysts who have gotten too used to commenting on the car business as we have known it for 100 years. 

Musk thinks out-of-the-box and we should allow him some leeway to make a few mistakes, but in the end delivering on the Tesla promise - eventually.

The Model 3 being a good example.

I personally don't care if Elon Musk makes his name as a carmaker, but we should give him some recognition for being a 'disrupter' and a game-changer.

Only time will tell.

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