Tesla and Elon Musk have made several bold decisions over the past few years that have created major, costly problems for the company.
Musk could have chosen a more modest approach for Tesla.
If he had, Tesla could be thriving now, but at a smaller scale.
It would be an understatement of the highest order to say that Tesla has been in any way boring for the past 12 months. What we’re dealing with here is basically a total war on numerous fronts, ranging from automobile manufacturing to experiments in robotics to financial speculation to 21st-century media relations.
The whole combative saga lurches from violence to truce to melée to retreat, often in the same day, and usually in the same week. CEO Elon Musk is smack in the middle of it, taunting short-selling hedge funds one minute and rallying the troops the next, retiring to his giant tent in the parking lot of his factory in California for a few hours of sleep before blasting out some tweets and then starting all over again.
War is hell — worse than what Musk has already often described as “production hell,” which if you haven’t been keeping track of for past year or so is simply shorthand for business-as-usual at Tesla.
War is also foggy. There’s chaos on the battlefield, and nobody is entirely clear what’s going on or what’s happened until it’s time to tend to the wounded and count the bodies. I’m not going to stick with this bloody metaphor, so don’t panic, but in times of extreme conflict it’s useful to think about fundamentals. And that’s something that in its present configuration, Tesla has gotten away from.
Profit … or bust?
Musk has decided that Tesla must notch a profit in the second half of 2018. The last time the company was in …read more
Source:: Business Insider