There's a price discount associated with the risk that reflects the probability of the merger going through. It doesn't necessarily mean "most". But...why is this on the front page?
Then, when those heroes disappoint... outrage.
Not sure what it takes to impress you, but when something finally does, be sure to submit it right away.
A group of engineers under the name of one man made rockets. Musk himself did not do this. If you're going to cheerlead, cheerlead for he people that did the work.
Maybe we could talk in something other than extremes?
Elon Musk commissioning rockets and cars might have value but that doesn't mean he made them
A group of engineers under the name of one man made rockets. Each engineer did not do this. If you're going to cheerlead, cheerlead the person that brought the engineers together.
I will never be disappointed by Musk because he's authentic. I'm sorry you can't appreciate the fortitude required to push as hard as he (and his entire team) has.
However, they may also have fewer ardent critics and more moderately happy customers. That seems to be a common pattern with companies like this. :)
You know you can root for Tesla without risking your financial future, right?
Do you support the auto majors who are also doing much of the same work, but less so in the public eye?
Because the emissions limits start forcing you to sell them if you hope to sell a single truck or SUV?
http://www.ucsusa.org/clean-vehicles/california-and-western-...
I guess that depends on where you decide to "start". I'd argue that Ford created the everyday demand for these vehicles, and Tesla built off of that.
>Why do R&D for a new type of engine when the one you already have is good enough and people buy them?
Is that really how you think the majors work? That they aren't innovating?
Sure, they are restricted in some fashion because they have an obligation to shareholders to produce value. But these people aren't stupid. They also don't care whehter they are selling you an ICE or an EV, as long as they are selling you.
The same people who criticize 2016 Google will give 2006 Google a lot of credit. I don't see how Tesla would be any different.
This is an announcement that there's an upcoming shareholder vote...
A similar thing happened with Microsoft. In the 90's, they basically paved the way for commodity hardware. I could buy an OS from them and run it on any hardware I liked. That was a big deal. Unfortunately, the software ecosystem stagnated because it was dominated by one company for so long. (I switched to Linux at the time and have been using it ever since, but Linux was successful in part because hardware was commodized.)
Tesla and Musk's other projects might follow a similar trajectory of doing amazing stuff for five or ten years and then coasting on their established reputation from then on. However, that's no reason not to be excited about the stuff they're doing now.
They announced the shareholder vote date, had a schedule for upcoming combined product announcements over the next ~3 weeks, and asked their shareholders to vote on the deal. All newsworthy, it seems.