简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Tesla CEO Elon Musk has promised everything from profitability and delivery targets to his shareholders, customers, and employees over the years.
Tesla CEO Elon Musk has promised profitability, vehicle deliveries, and more to his shareholders, customers, and employees over the years.Not all of his visions have panned out.The electric automaker's wider-than-expected quarterly loss this week and profitability forecast highlight Musk's pattern of issuing expectations that end up needing adjustment. Visit Business Insider's homepage for more stories.Tesla CEO Elon Musk is a visionary.He's accelerated the rate of electric vehicle adoption across the world, while also exploring Mars and digging tunnels.But the billionaire also has a habit of over-promising and under-delivering.For Tesla skeptics, those ambitious targets that don't always get met on time are proof enough that Musk is a fraud. Yet for some of the company's staunchest supporters, the same execution is just proof he's a genius at work who can't be confined to traditional metrics. “Sell-side analysts who don't know the guy, who don't understand the technology, who don't understand what it is like to work at Tesla — they translate his 'shot for the moon' as 'they missed it,'” Pierre Ferragu of New Street Research, easily Tesla's biggest Wall Street bull for years, told Business Insider last year. “Instead of translating it as 'they started,' they translate that into 'they failed,' which is a massive mistake. It's just a wrong way of translating Elon Musk.”Here are nine of Musk's pledges that have yet to reach their fully promised potential:
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The global market reacts to various developments, including Tesla's profit miss, China's interest rate cut, Bernard Arnault's net worth decline, and typhoon Gaemi's impact. The Mt. Gox compensation, Lineage Inc.'s IPO, and Netanyahu's speech in the US Congress also influence market dynamics. European banks' mixed performance, Canada's rate cut, and Russia's sanction issues add to the market fluctuations, along with South Korea's GDP contraction and stable oil prices.
Tesla faces ongoing struggles with profit misses, impacting its stock and investor confidence. Meanwhile, Alphabet Inc.'s strong Q2 earnings highlight robust demand in cloud services and advertising. Political developments in the US, with Vice President Kamala Harris rallying support, and India's budget aimed at job creation reflect significant economic shifts. Natural disasters and corporate news, such as Boeing's resumed 737 Max deliveries and Citi's upgrade of Coinbase, also influence market
With money and willfulness, Musk buys Twitter for $43 billion this week
Tesla CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric car company this week, taking advantage of a meteoric rally that vaulted the firm's value to over $1 trillion.