$TSLA

According to Adam Grant 47% of pioneers (Tesla as pioneer in electric cars) end in a failure while only 8% of the improvers (those who come later in the business) end as a failure.

Myspace and Friendster were failures before Facebook took off.
Altavista and Yahoo were failures before Google took off.

Will Tesla become a failure and will the big carbuilders take off with EV's?

Adam Grant has been recognized as Wharton’s top-rated professor for seven straight years, and as one of the world’s 10 most influential management thinkers and Fortune‘s 40 under 40.
 
https://en.wikipedia.org/wiki/General_Motors_EV1

And:

In 1884, over 20 years before the Ford Model T, Thomas Parker built the first practical production electric car in London in 1884, using his own specially designed high-capacity rechargeable batteries.[14][15][16] The Flocken Elektrowagen of 1888 was designed by German inventor Andreas Flocken.[17] Electric cars were among the preferred methods for automobile propulsion in the late 19th century and early 20th century, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time.[18] The electric vehicle stock peaked at approximately 30,000 vehicles at the turn of the 20th century.[19]

In 1897, electric cars found their first commercial use in the USA. Based on the design of the Electrobat II, a fleet of twelve hansom cabs and one brougham were used in New York City as part of a project funded in part by the Electric Storage Battery Company of Philadelphia.[20] During the 20th century, the main manufacturers of electric vehicles in the US were Anthony Electric, Baker, Columbia, Anderson, Edison, Riker, Milburn, Bailey Electric and others. Unlike gasoline-powered vehicles, the electric ones were less noisy, and did not require gear changes
 
nursebee said:
Why are they talking about starting plants when the "news organizations" all keep saying they are going out of business?

44% risk of default per bond prices?

https://www.wsj.com/articles/tesla-explores-building-major-factory-in-europe-1532961828
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Why was Elon Musk inserting himself into a cave rescue he knew nothing about on the other side of the globe when he's got a rotting business right under his nose?

Why is he wasting so much time like a spoiled, moronic teenager on Twitter instead of asking for help on his sinking Titanic, errr, I mean Tesla?

Well, even a dying cancer patient has the right to dream about a healthy happy life sometime down the road. In fact, he needs to. Businesses on their way to bankruptcy can talk about anything, expansion included.

I'm not aware that many people are saying Tesla is going out of business (I for one don't care about that); they are just saying the stock price is going to tank. I'm sure somebody will be willing to pick up the pieces if they get the right price in bankruptcy court.

Ready for $275 and $250?

Buying more?
 
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schweiz said:
Myspace and Friendster were failures before Facebook took off.
Altavista and Yahoo were failures before Google took off.
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Not true:

"Myspace .....by 2007 it had 300mm registered users and was being valued at $12bn."

The same with Yahoo. Hell, if a company can buy a website for 6B, that is not a failure. Maybe later on, but not at that time...
 
I don't think Tesla is an ecar pioneer.
I don't know what Adam Grant thinks of Musk, but suspect he thinks more good than bad of the man, especially when briefly perusing his body of work.
 
nursebee said:
I don't think Tesla is an ecar pioneer.
I don't know what Adam Grant thinks of Musk, but suspect he thinks more good than bad of the man, especially when briefly perusing his body of work.
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And you probably also think that Tesla has no problems at all.

What people think is not important as long as it is different from reality. As in that situation it is called "wishfull thinking".

Tesla is already struggling a few years. I guess that withing the next 12 months we will know how it ended (or not ended); because then the competition will have several models on the market too.

The fact that Musk was in past successful does not mean he will be successful in everything he does or will do.
 
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