Investing Thread

[MU82]

TSLA getting hammered today after a disappointing earnings report, as repeated price cuts are affecting profits.

Musk also has decided to pick a Twitter-related fight (he almost surely can't win) with Microsoft. The Twitter distraction continues to hurt the companies he actually wants to own.

[Pakuni]

Rough day for Elon.

[MU82]

Rough day for Elon.

Well, he's painting the explosion of his SpaceX rocket right just minutes after launch as a rousing success.

"Congrats SpaceX team on an exciting test launch of Starship!" Musk tweeted. "Learned a lot for next test launch in a few months."

https://seekingalpha.com/news/3958267-elon-musks-spacex-starship-rocket-explodes-minutes-after-launch

[Uncle Rico]

Well, he's painting the explosion of his SpaceX rocket right just minutes after launch as a rousing success.

"Congrats SpaceX team on an exciting test launch of Starship!" Musk tweeted. "Learned a lot for next test launch in a few months."

https://seekingalpha.com/news/3958267-elon-musks-spacex-starship-rocket-explodes-minutes-after-launch

Technically, he's correct.  Expectations on these launches, especially in their infancy at this capacity, should be quite low.  He said 50/50 but I bet his engineers thoughts were much lower.  He has plenty of government cheese to burn through

[Hards Alumni]

Well, he's painting the explosion of his SpaceX rocket right just minutes after launch as a rousing success.

"Congrats SpaceX team on an exciting test launch of Starship!" Musk tweeted. "Learned a lot for next test launch in a few months."

https://seekingalpha.com/news/3958267-elon-musks-spacex-starship-rocket-explodes-minutes-after-launch

I get that you don't like him, but it was unquestionably a successful launch.

[Pakuni]

I get that you don't like him, but it was unquestionably a successful launch.

It definitely wasn't a complete failure, but neither was it a unquestionable success. There were a list of objectives, some of which were achieved, some of which were not.

Even the SpaceX twitter account made a joke about how it didn't go as planned.

@SpaceX
As if the flight test was not exciting enough, Starship experienced a rapid unscheduled disassembly before stage separation

[Hards Alumni]

It definitely wasn't a complete failure, but neither was it a unquestionable success. There were a list of objectives, some of which were achieved, some of which were not.

Even the SpaceX twitter account made a joke about how it didn't go as planned.

@SpaceX
As if the flight test was not exciting enough, Starship experienced a rapid unscheduled disassembly before stage separation

It was the first time that bad boy was every launched and it didn't blow up on the platform. 

I'm guessing that they were *hoping* for a perfect launch, but not everything has to go perfectly to consider a launch a success.

[ZiggysFryBoy]

It was the first time that bad boy was every launched and it didn't blow up on the platform. 

I'm guessing that they were *hoping* for a perfect launch, but not everything has to go perfectly to consider a launch a success.

Agreed.  Just go watch footage of early NASA launches.

[MU82]

I get that you don't like him, but it was unquestionably a successful launch.

I actually think Musk is a visionary but I think he's let his vision get blurred. And as a TSLA investor -- which is what this thread is supposed to be about -- I don't like that.

Obviously, I'm not a rocket scientist. If that launch was a success, OK, I defer to you and others who say it was.

[rocket surgeon]

Ok ok enough from you amateur newbies...wouldja all said the same at kitty hawk back in 1903? 

[JWags85]

It was the first time that bad boy was every launched and it didn't blow up on the platform. 

I'm guessing that they were *hoping* for a perfect launch, but not everything has to go perfectly to consider a launch a success.

A lot of Musk haters on Twitter became rocket experts this week

[Hards Alumni]

A lot of Musk haters on Twitter became rocket experts this week

Which is funny because from what I understand he is barely involved at Space X.  Of course he has a lot of his money invested, but he doesn't manage it in the way he does his other companies.  He's much more involved at Tesla... and obviously Twitter.

[rocket surgeon]

ya had to love how they described the success/failure of the space x launch however-

  "a rapid unscheduled disassembly"

probably could use that for a lot of things

[Pakuni]

A lot of Musk haters on Twitter became rocket experts this week

Same for the fanboys.

[MU82]

After numerous price cuts, including earlier this week, now Musk is raising prices on a couple models (S and X). Oy, my head hurts.

[Skatastrophy]

ya had to love how they described the success/failure of the space x launch however-

  "a rapid unscheduled disassembly"

probably could use that for a lot of things

Yeah that was a clever turn of phrase.

Happy for the successful SpaceX launch yesterday. American industry doing well is good for America, hopefully SpaceX continues to dominate in their field.

Also, Musk is a nutter and his companies would be doing better under different leadership. I hesitate to invest with him, he can't seem to keep his emotions in check. That's not what I look for in a leadership team.

[MU82]

Also, Musk is a nutter and his companies would be doing better under different leadership. I hesitate to invest with him, he can't seem to keep his emotions in check. That's not what I look for in a leadership team.

Like many visionaries, he's extremely eccentric, but I totally agree with you.

I do own some TSLA and I have considered buying this post-earnings dip, but I'm hesitant because we just don't know what kind of silliness is around the corner. I try to remove emotion from my investing; it would be great for TSLA shareholders if Musk could remove -- or at least tamp down -- emotions from his managing.

[reinko]

Yeah that was a clever turn of phrase.

Happy for the successful SpaceX launch yesterday. American industry doing well is good for America, hopefully SpaceX continues to dominate in their field.

Also, Musk is a nutter and his companies would be doing better under different leadership. I hesitate to invest with him, he can't seem to keep his emotions in check. That's not what I look for in a leadership team.

Catturd for CEO of Twitter!

[Skatastrophy]

Catturd for CEO of Twitter!

Catturd has a blue check, that mean's they're reputable (and have $8).

[Pakuni]

Catturd has a blue check, that mean's they're reputable (and have $8).

Or a certain someone is picking up the tab.

[TSmith34, Inc.]

Like many visionaries, he's extremely eccentric, but I totally agree with you.

He's well beyond eccentric, pushing toward Howard Hughes territory. I don't know if Hughes was a complete a-hole or not like Musk.

[JWags85]

He's well beyond eccentric, pushing toward Howard Hughes territory. I don't know if Hughes was a complete a-hole or not like Musk.

Hughes makes Musk look like a Teddy Bear in comparison.  Ruined peoples lives who opposed him, in ways beyond just internet jabs or slander, and actually murdered multiple people.  The Aviator didn't show that part

[forgetful]

I actually think Musk is a visionary but I think he's let his vision get blurred. And as a TSLA investor -- which is what this thread is supposed to be about -- I don't like that.

Obviously, I'm not a rocket scientist. If that launch was a success, OK, I defer to you and others who say it was.

Visionary is too kind. Tesla was a visionary...Edison not so much. Tesla is more like Edison, and that isn't a compliment. And Musk is still no where near the inventor that Edison was, he just contains the same determination and dedication to dominating a business area.

[JWags85]

Visionary is too kind. Tesla was a visionary...Edison not so much. Tesla is more like Edison, and that isn't a compliment. And Musk is still no where near the inventor that Edison was, he just contains the same determination and dedication to dominating a business area.

SpaceX is visionary.  TSLA's vision for battery technology is visionary.  He can be an a**hat and a petty douche and still be visionary in the way he's looked at things.  If you want to argue he no longer is a visionary, I wouldn't oppose you at all.  But I think its a very fair label for the Musk of the late 90s into the early 2010s as such.

But then again, you're on record as thinking he's not particularly intelligent so its probably an unsellable argument.

I do find it funny, for all his faults, that detractors of Musk are so quick to downplay his achievments by saying he wasn't the one engineering it, or he was just capitalizing on the inventions of others, etc...but the same people likely fawned over the VISIONARY Steve Jobs and what genius he was when he couldn't tell you what 90% of the stuff on a circuit board was and never programmed a line of Apple code.

[Hards Alumni]

SpaceX is visionary.  TSLA's vision for battery technology is visionary.  He can be an a**hat and a petty douche and still be visionary in the way he's looked at things.  If you want to argue he no longer is a visionary, I wouldn't oppose you at all.  But I think its a very fair label for the Musk of the late 90s into the early 2010s as such.

But then again, you're on record as thinking he's not particularly intelligent so its probably an unsellable argument.

I do find it funny, for all his faults, that detractors of Musk are so quick to downplay his achievments by saying he wasn't the one engineering it, or he was just capitalizing on the inventions of others, etc...but the same people likely fawned over the VISIONARY Steve Jobs and what genius he was when he couldn't tell you what 90% of the stuff on a circuit board was and never programmed a line of Apple code.

All true.