“I’m interested in WHY.”
If you are truly interested I’ll tell you.
Tesla, as a company, hasn’t ever made a dollar profit on an annual basis since it started. Musk has over promised and under delivered over and over and over again.
I know people who own Teslas. One guy had his car in need of “repair” (all software issues) 3 times. The first 2 times they trailered it to another state (pulled by an F350). The 3rd time they flew a tech guy out from CA to PA. What kind of money they lost on that I’ll never know.
Don’t get into an accident if you buy one. Replacement body parts can take months. It’s all on the owners forums, too.
Don’t get me started on the battery...or the stock.
Enough?
Elon Musk didn’t actually start Tesla—engineers Martin Eberhard and Marc Tarpenning were the originators in 2003. Elon Musk, J. B. Straubel and Ian Wright invested some money a year later, with majority investor Musk selected as Chairman.
So yeah, it seems pretty shallow IMHO. (Not you but the analysis)
Your people who own them, okay, don’t buy one. You want a profit? Okay, don’t buy his stock. TESLA is publicly traded, so not an issue if you don’t want to participate it sound a lot like you are hunting for reasons to not like him or his companies.
Full disclosure, I think electric cars are a stupid idea, the batteries are toxic garbage that have no life span.
I don’t own and won’t own TESLA stock. I work in the power/electric/grid industry and think windmills and electric cars are junk messing up the system.
I think the power wall is garbage as well as they will end up burning people’s homes down.
But for the most part the guy is trying to innovate. Unlike 99% of the wealthy in the world who sit on their ass and do nothing. Bill Gates went and did ONE thing Microsoft, then purchased everything with the windfall.
That idiot Mark Cuban has a big mouth, but only invests in other people’s ideas because he doesn’t have an original thought in his head. Jeff Bezos is the same, kinda wants to be innovative, but really just hit an idea, but someone is going to knock him off soon too. Same for Branson, wants to be something in aerospace and a follower like a bunch of others. They are not on the front line trying to do something. I admire that in MUSK, even if they are wrong.
So yeah, I’d say you have low opinions of others, and my second question still stands.
If you don’t like Elon Musk, who is it out there doing the hard work with their billions and trying to make a change? I’d like a name or two. Really serious, not harsh or dismissive, just want to know who I should be following that I may have missed.