Is Elon Musk worth investing in?

[JC Callender]

There's been talk lately that Elon Musk is becoming increasingly mentally unstable. Yesterday, I listened to him on Joe Rogan's podcast and let's just say it didn't sound like he was in salesman mode trying to pump up his companies stock. He took a hit off of a blunt (or joint), drank whiskey, and talked about subjects like how one may think it would be great to be him, but it actually isn't because he can't shut down the constant flow of ideas, or how difficult it is to run car companies esp. while having so many other things going on, like selling mock flamethrowers. I didn't know much about him before this podcast but actually kind of liked him and his honesty. Not sure if I would invest in him though. What do you think?

 

[RabidAlpaca]

Between PayPal, Tesla, SpaceX, SolarCity, and various other wildly successful companies, many people have consistently mocked Elon and bet against him, and time and time again they lose their money and credibility. Honestly he just doesn't give a **** about personal PR anymore. He cares about innovation and pushing the human race further technologically. Bet against him at your own risk.

 

[Port & Starboard]

Not many wins for him lately.

Stock drops after he decides to smoke a blunt on video.

Senior Tesla Executives quitting?

 

[JC Callender]

Not many wins for him lately.

Stock drops after he decides to smoke a blunt on video.

Senior Tesla Executives quitting?

Steve Jobs talked about how influential acid trips were on his creativity. And Jobs had many people quit on him as well as getting fired from his own company at one point.

 

[Helix]

i don't really care if he smokes pot.

 

[marke]

There's been talk lately that Elon Musk is becoming increasingly mentally unstable. Yesterday, I listened to him on Joe Rogan's podcast and let's just say it didn't sound like he was in salesman mode trying to pump up his companies stock. He took a hit off of a blunt (or joint), drank whiskey, and talked about subjects like how one may think it would be great to be him, but it actually isn't because he can't shut down the constant flow of ideas, or how difficult it is to run car companies esp. while having so many other things going on, like selling mock flamethrowers. I didn't know much about him before this podcast but actually kind of liked him and his honesty. Not sure if I would invest in him though. What do you think?

You have to question the mental alertness of drunks and pot smokers.

 

[PoS]

Investing in his companies? Well, Tesla has yet to make a profit, so it seems his firms are purely dependent on his cult of personality rather than any sound financial wisdom.

 

[RabidAlpaca]

You have to question the mental alertness of drunks and pot smokers.

If someone shares a glass of whiskey with a friend while conversing they're "drunks"? You must be fun at parties.

 

[Port & Starboard]

Steve Jobs talked about how influential acid trips were on his creativity. And Jobs had many people quit on him as well as getting fired from his own company at one point.

He keeps borrowing more and more.

It's all fun and games until it's time to pay up...…….2 billion dollar loss on his cars alone.

 

[JC Callender]

You have to question the mental alertness of drunks and pot smokers.

Rogan seems very alert to me.

 

[washunut]

i don't really care if he smokes pot.

And you shouldn't. Isn't it legal to do that in California now?

That being said the company has an EV of over $60 billion,makes no money and is burning cash at a high rate. In addition it would not be surprising if the SEC took action against him the company or both for his tweet about having the funding to take the company private. There will be a slew of class action lawsuits as well.

The guy does have a great track record, the stock however is too risky for me. I am neither long or short the stock, just some views.

 

[Helix]

And you shouldn't. Isn't it legal to do that in California now?

That being said the company has an EV of over $60 billion,makes no money and is burning cash at a high rate. In addition it would not be surprising if the SEC took action against him the company or both for his tweet about having the funding to take the company private. There will be a slew of class action lawsuits as well.

The guy does have a great track record, the stock however is too risky for me. I am neither long or short the stock, just some views.

it looks to me like he is "risking forward" (to use a business term that i hate) and is probably stressing himself out too much for too long. however, the dude facilitated the invention of the best electric car yet. he didn't stop there, though. then he made his own version of NASA and launched the car into orbit. FFS. i mean, that's a pretty big deal.

as for gambling on the stock, who knows? if i did, i would have dumped a ****load of money into Apple stock in the 1990s. well, whatever "****load" of money that i had back then. i'll be interested to see how this one turns out. i like big ideas.

 

[chuckiechan]

There's been talk lately that Elon Musk is becoming increasingly mentally unstable. Yesterday, I listened to him on Joe Rogan's podcast and let's just say it didn't sound like he was in salesman mode trying to pump up his companies stock. He took a hit off of a blunt (or joint), drank whiskey, and talked about subjects like how one may think it would be great to be him, but it actually isn't because he can't shut down the constant flow of ideas, or how difficult it is to run car companies esp. while having so many other things going on, like selling mock flamethrowers. I didn't know much about him before this podcast but actually kind of liked him and his honesty. Not sure if I would invest in him though. What do you think?

There is a problem with manic genius. Namely which is the dominant force when the chips are down - manic or genius?

He's got a buttload of problems that have surfaced in his automobile line, and people understand that they could be left holding the bag ala the Bricklin auto. And having a largely incoherent pubic interview is the stuff nightmares are made of for stock holders.

People often bitch and moan about CEO's making so much money, but he's an example of one who has peaked out in auto and needs to hire an outside CEO to get his company on track before the magic wears off and Tesla is no longer cool. Then he can go out and build Teleporters or whatever else scratches his itch.

 

[Bucky]

And you shouldn't. Isn't it legal to do that in California now?

That being said the company has an EV of over $60 billion,makes no money and is burning cash at a high rate. In addition it would not be surprising if the SEC took action against him the company or both for his tweet about having the funding to take the company private. There will be a slew of class action lawsuits as well.

The guy does have a great track record, the stock however is too risky for me. I am neither long or short the stock, just some views.

The guy is like a cult leader. Raising money for him is too easy.

Look at how much money he made just selling a hat:

Elon Musk Has Sold $700,000 Worth of Boring Company Hats | Fortune

Billionaire entrepreneur Elon Musk has sold 35,000 hats promoting his tunneling business, The Boring Company. He’s had a 5,000-figure jump in cap sales in just the past two days. At $20 per cap, that means Musk has raised $700,000 to date.

Those hats are going for $50+ on ebay right now. So if Elon Musk can sell $3-5 hats at $20 imagine what he can do selling a vision.

His companies have sold surfboards and flamethrowers and his loyal supporters buy them in seconds.

 

[Bucky]

There is a problem with manic genius. Namely which is the dominant force when the chips are down - manic or genius?

He's got a buttload of problems that have surfaced in his automobile line, and people understand that they could be left holding the bag ala the Bricklin auto. And having a largely incoherent pubic interview is the stuff nightmares are made of for stock holders.

People often bitch and moan about CEO's making so much money, but he's an example of one who has peaked out in auto and needs to hire an outside CEO to get his company on track before the magic wears off and Tesla is no longer cool. Then he can go out and build Teleporters or whatever else scratches his itch.

He should not be a CEO. He is a crazy genius that should be focused on inventing.

I would be scared if I worked for one his companies.

 

[Barnacle]

"Is Elon Musk worth investing in?"


As long as the federal government props up his businesses with tax payers' money, I guess he's worth investing in.

 

[Bucky]

Steve Jobs talked about how influential acid trips were on his creativity. And Jobs had many people quit on him as well as getting fired from his own company at one point.

Yes, Jobs became a more stable genius later in life, so perhaps Musk is on the same track.

 

[OldFatGuy]

If we judged our financial leaders and innovators on their personalities, general insanity, substance abuse issues, nasty treatment of family members, sexual proclivities, religious visions of the Great Thunderbird god and his or her worship of the 4 winds, love of Arnold Schwarzenberger movie binge watching, the wearing of Mickey Mouse emblazoned underwear and Superman T-shirts, fast food or vegan diets, chasing the dog's tail with the dog, lack of all morality, and so forth, we'd have no one to invest with, or for that matter, elect to public office.

I am right now wearing no pants and there is nothing anyone can do about it. Not a thing. Tho soon, I must walk the dog. He's watching out the window for the rain to stop, he's afraid of falling water in all forms.

 

[JC Callender]

Yes, Jobs became a more stable genius later in life, so perhaps Musk is on the same track.

Fair enough. I think like Jobs, Musk will continue to produce amazing results even during down periods and who knows, maybe later hit the mother lode like Jobs did with his return to Apple. He seems to have the same cult like allure that Jobs had, as proven in post #14.

 

[poweRob]

Between PayPal, Tesla, SpaceX, SolarCity, and various other wildly successful companies, many people have consistently mocked Elon and bet against him, and time and time again they lose their money and credibility. Honestly he just doesn't give a **** about personal PR anymore. He cares about innovation and pushing the human race further technologically. Bet against him at your own risk.

I'm feeling for him at this point though. He's said that this is the most stressful year he's ever had. I sure hope he can get himself feeling more confident and standing on solid ground. The guy is a powerhouse that I love to follow up with.

 

[DiAnna]

i don't really care if he smokes pot.

I don't either. But when he repeatedly calls one of the divers involved in the Thai cave rescue a "pedo" and "child rapist" because he rebuffed the offer of a "child-sized sub", that's too over-the-top wackadoodle for me.

I wish the company continued success...and hopefully an eventual profit...but at this point I wouldn't invest.

 

[Anarchon]

You have to question the mental alertness of drunks and pot smokers.

Rogan and Musk both are smarter than the majority of the folks on this board, even when they are drunk or high as can be.

 

[Helix]

I don't either. But when he repeatedly calls one of the divers involved in the Thai cave rescue a "pedo" and "child rapist" because he rebuffed the offer of a "child-sized sub", that's too over-the-top wackadoodle for me.

I wish the company continued success...and hopefully an eventual profit...but at this point I wouldn't invest.

i might. however, he is acting a bit weird. dude needs to take a few days off to sleep in, IMO.

 

[JC Callender]

i might. however, he is acting a bit weird. dude needs to take a few days off to sleep in, IMO.

He said in the interview that he has a very difficult time relaxing...that his mind is constantly moving at a fast pace and that most people generally wouldn't want to be him for that reason. Part of me thinks that letting loose, getting a little crazy, and just being himself in the midst of the intense stress he's experiencing might help.

 

[eohrnberger]

Steve Jobs talked about how influential acid trips were on his creativity. And Jobs had many people quit on him as well as getting fired from his own company at one point.

Does seem to be eerily similar. You think that perhaps there are only a specific number of different 'tracks' that an innovation based entrepreneurial company with a mercurial leader at the helm burn out or fade away, and Elon's experience is just one of those tracks?