Comments by "Terje Oseberg" (@terjeoseberg990) on "CNBC Television"
channel.
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Justin's Mom, Well, over the long run the stock has been going up. Sure, it's very volatile and goes up and down a lot every day. But, if you wait it out, it eventually goes up. The problem is, those who believe that Tesla is going to fail don't understand that there are so many members of the, "Tesla Cult" that it can't fail. They have a waiting list over 400,000 long when production is around 5,000/week. That's insane. No other company has experienced that in history. This gives them a HUGE advantage over any other car company startup. If this were a normal company with no cult following, they would have failed long ago.
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Do you think he's actually "managing" his 3 companies, 4 kids kids, hot girlfriend, and 2 dogs? Someone else is managing all of the right now except Tesla where Elon is 100% focused on micromanaging. That's his problem. He doesn't have time to micromanage everything at Tesla, but apparently it's necessary. At least until they get the production rates up and the costs down.
He might have been able to manage it a lot better if he had hired a consulting firm to help out, but had he done that, he would have probably not invented any new manufacturing methods, and whatever methods he'd have would be what everyone else has. Also, if you watch the documentaries on the history of Tesla, they tried outsourcing things for the first Roadster and it didn't go very well. Everything they got wasn't good enough and had to be redesigned by them anyway.
So who knows? He could have done things differently, and it might have worked out better, or it might not have. He's probably micromanaging because that's what he's learned is necessary to get the job done right.
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