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$Tesla (TSLA.US)$ Up to now, Elon Musk's avowed goal of "dis...

$Tesla(TSLA.US)$ Up to now, Elon Musk's avowed goal of "disrupting" an industry has been most effective against his own firm. (Repeat, HIS OWN firm.) In practice all along, Tesla's vertically integrated structure has meant simply himself in charge of everything. Musk deserves credit, I suppose, for admitting at last how wasteful, foolish, and demoralizing it is to roust all hands on deck every quarter to post a statistical feat no matter the cost.
We must admit as well that no other CEO could get away at this in broad daylight, time after time, without ruining his own reputation and the firm's with it. Now the question is how long Musk's reverse- policy will stand. Until this year end, or beyond?
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  • Robbie Showen : "We must admit as well that no other CEO could get away at this in broad daylight,"
    Literally every public company makes some kind of quarter end push.

  • TCFIT_365 : "Up to now, Elon Musk's avowed goal of "disrupting" an industry has been most effective against his own firm. "
    The CEO's of Ford and VW don't think so. They feel the disruptive threat from Tesla and are trying to rally their top managers to respond.
    "Tesla’s ROIC is rapidly improving & already higher than incumbents largely due to its vertical integration & production efficiency, despite investments in growth."
    https://mobile.twitter.com/forwardcap/status/1464961289101455362

  • Mooncity : Well, he had no choice. Short selling over 30% and everyone waiting for bankruptcy, he had no choice but beat estimates just to stay alive. He announced last quarter that they made it by skipping earnings call. Now he says "fck you" to wall street by selling shares more than he has to and ending quarter end pushes.

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