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(CNBC)   Elon Musk accidentally admits he's a terrible businessman   (cnbc.com) divider line
    More: Obvious, Elon Musk, Tesla's newest car factories, Tesla Motors, Silicon Valley, Automobile, supply chain disruptions, Both Berlin, Factory  
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1399 clicks; posted to Business » on 23 Jun 2022 at 1:20 PM (13 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-06-23 1:37:50 PM  
25 votes:
He said some of the tools required to make some cars are "stuck in a port in China" because of a resurgence of Covid there and the resulting lockdowns.

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2022-06-23 3:10:07 PM  
10 votes:
This is only indirectly related but I'mma post it anyway:

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2022-06-23 2:05:26 PM  
6 votes:

aleister_greynight: And that should do a lot of good for Tesla stock value...


How else is he supposed to get out of buying Twitter?
 
2022-06-23 1:02:52 PM  
5 votes:
And that should do a lot of good for Tesla stock value...
 
2022-06-23 1:42:57 PM  
2 votes:
There are times an oversized infrastructure is more efficient. If I need to get 60 kids to school, a full sized school bus is more efficient than 20 trips with a Prius. If I need to get 6 kids to school, the Prius is more efficient.

The large monolithic factory concept works efficiently when it can run at full capacity building a single product. But if you need to make modifications to the line, or run at less than capacity it introduces its own inefficiencies.

Tesla's just learning a lesson that the legacy automakers learned 6 decades ago. And Abbot labs learned just this year.
 
2022-06-23 2:18:55 PM  
2 votes:

NewportBarGuy: I'm no Elon defender at all, but no... Not even close.

He's just saying that production costs a f*cking sh*tload of money. Building, staffing, hiring, running a new plant is insanely expensive and it's a long time before you see the money back that you sink into them.


Well yeah, but this is Elon Musk, the smartest, most brilliant business genius on the planet, buy his own admission.  He's completely in control of his own manufacturing process, without even a pesky union to mess things up.  So if he's so farking smart and has the best product in the world and the best manufacturing process in the word, why is he losing money?
 
2022-06-23 2:49:36 PM  
1 vote:

shroom: Ganon D. Mire: Texas and Berlin are in regions where slavery is abolished, at least on paper.

Shiat, don't give him any ideas.  He'll probably want prison chain gangs building his cars next.


Arbeit Macht "Y's"
 
2022-06-23 3:25:41 PM  
1 vote:
Elon Musk accidentally admits he's a terrible businessman

Apparently there are savvy businessmen somewhere out there who know how to overcome China's shutdowns that destroy their incoming and outgoing supply lines. I'll bet they even know how to operate factories without energy.

/Subby is an idiot
 
2022-06-23 3:45:36 PM  
1 vote:

Ivo Shandor: He said some of the tools required to make some cars are "stuck in a port in China" because of a resurgence of Covid there and the resulting lockdowns.

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I feel like there are some alien brain bugs going around the top tiers of government and business right now that are working their asses off to exterminate the human race. That's the only way some of the shiat that they say makes sense anymore.
 
2022-06-23 3:55:59 PM  
1 vote:
He's saying this so he can buy back Tesla stock on the cheap. Yes, I'm serious.
 
2022-06-23 9:34:53 PM  
1 vote:

Mad_Radhu: Ivo Shandor: He said some of the tools required to make some cars are "stuck in a port in China" because of a resurgence of Covid there and the resulting lockdowns.

[Fark user image image 643x216]
[Fark user image image 642x225]

I feel like there are some alien brain bugs going around the top tiers of government and business right now that are working their asses off to exterminate the human race. That's the only way some of the shiat that they say makes sense anymore.


Yeah, I've been wondering more and more if the people in charge (just about everywhere) regularly drink lead martinis or give themselves TBIs for fun. A lot of them have always managed to be dumb and out-of-touch, but now it's like they have rabies.
 
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