This guy who she said broaden your portfolio is on his way to becoming a millionaire. If he kept his money in there, he's sitting pretty around 400K. If he continues to hold, I bet he becomes a millionaire.
He’s an engineer. He runs several huge companies. Answering boring questions from these two boring people would get old. FAST. Musk is busy solving problems. A concept these two should study more. Keep in mind he has no obligation to answer any reporter he doesn’t want to answer. Since when has Fox gone to TMZ levels of desperate?
How is it moronic to ask how much money the company will need in the future? Really what would Elon have to do to convince you he's a conman? Insulting people who have legitimate questions that a real business would be able to answer.
@@peepee_panda779 he is right, saying ok boomer makes you look like a fool, elon is being cocky here, its a legitimate question, he is annoyed because he knows that would be a big challenge, tesla cant stay in bubble forever.
@@peepee_panda779 i am 22 dumbass, its a legitimate questuon and i am not touching tesla with a 10 foot pole, it could be best innovation out there but i am a investor abd he is in a conference at business channel not a fcking science faur
Elon is a bright man, but he just gave the bears like Jim Chanos ammo to keep hitting his capital. The less capital he has access to the less ability Solar City and Tesla have to become more successful. I love Elon, but this was a stupid move.
Brian Jones Musk has stated on several occasions he has no need to raise capital. His impatience with and dismissal of these bonehead analysts tends to confirm that. It's highly possible the only thing that will change Chanos' mind is when his short position goes totally tits up, but he's made a surprisingly good impression on that other Tesla bear, Jim Cramer. The longs seem to be onside too.
Total Bullion they are not reporters but analysts, who basically help investors to understand Tesla’s financial status, which in turn brings investment to Elon’s cash-burning operations.
He didn't mock them, he told the truth. If you are going to ask manipulative questions with a obvious agenda, make sure you are smarter than the person you're asking them to.
spock It must be RU-vid trying to suppress the video. Now I have come back it is still the same. I have watched the full video as well so it should be more optimised for me.
Elon was correct, the first guy was Blowing his own trumpet and Elon shoved a freaking Cork in it,... as for this other guy, his questions were dry, besides, most analysts are jerks, to be honest, Nice move, Elon. I thought it was spot on of Elon and wouldn't have expected anything else in that situation.
because you are a fucking moron and don't understand the importance of the capital markets. Especially for a bonehead company that doesn't make any money and can't live up to anything
Kimchi Archer They were analysts not shareholders and the bonehead questions were already answered. Want to know what the shareholders think? Go check the stock price.
Translation: "We hand-picked specific moments of the call that make Elon Musk look as rude as possible, and by the way we cut out the context. Listen and judge for yourself"
"You need to broaden your portfolio" That's interesting considering he was up 22 times his investment from 5/3/18 to when Tesla hit around $1300 in November. Hmm
The people talking down on Elon make me so sad. He gives a lot of us real hope and motivation to reach for things we couldn't believe were possible. I mean if we can land humans on mars I can land a girl in my bed. lol jk.
LOL, so much dumbness in so few words............stock analysts are worthless, look............ if a stock analyst could make a good analysis of the stock he would know if the stock goes up or down and position himselve accordingly. But because his analysis is SHIT he cant make profits through speculation and instead tells everyone what to buy and sell instead of doing it himselve. YOU ARE WELCOME.
Dumb words indeed but not from me. I did not say the Analyst was good but if you are going to deny that when an analyst of gold man sachs or whatever gives the instruction within the company to sell Tesla, I dont have to tell you what others within the company have to do and I say HAVE TO because they are obliged by the law to do so. If he asks stupid questions or if he actually does anything the brings any value to the company and trust me i'm looking forward to the day analysist are going to be replaced by computers but they have a certain power if you like it or not is irrelevant. There is no Formula to tell if a stock is going up or down but there are formulas like black scholes etc that are an internal guideline. You are welcome
more dumb shit.............yes i trust you, random dude from the internet............ if the analysts were good, they would manage money instead of making recommendations, goldman knows that AS WELL. GOLDMAN DOES NOT DO WHAT THEIR ANALYSTS SAY THEY DO WHAT THEIR FUND MANGERS DO AND GOLDMAN DOES NOT TELL US IN ADVANCE WHAT THEIR FUND MANAGERS DO. The black and scholes model for option pricing is crap and has no relevance, option prices are determinde through supply and demand. MAN JOEL, TODAY YOU LEARNED A LOT. WOW I THINK I DOUBLED YOUR KNOWLEDGE. HAHAHAHAHAHA
Elon is a busy person. He is focused and has too many ideas and challenges to have any time for idiots who ask stupid questions or try to take the conversation in another direction that leads no where. He was spot on and made the best of the limited time he had. Thank you Galileo for tuning in to the same frequency as Elon has in moving our world forward. Great job.
They went on youtube... He is now 2nd richest guy on the planet. Tesla's are selling more than they can produce. Spacex had launch astronauts to the ISS two times, starship had his test flight, 2020 was this guy year.
Video is currently unwatchable constant buffering. > edit > Ok they've now fixed it. FOX probably didn't know how to process the file for YT. Didn't miss much. :)
"Do you think he gets a pass" she asks. Um... why would he need one? The analysts and the customer aren't always right. He can dismiss questions if he wants to. So yes, constitutionally he gets as many passes as he wants. Socially he should get a pass because he shouldn't have to answer these non-valuable questions. We shouldn't have made it socially acceptable to kiss the investors' butts in the first place. If you want honesty, demand honesty, don't make it socially unacceptable to not kiss the ass of investors.
He can dismiss questions if he likes and we can decide that means he's a conman whose company is a disaster. People give Elon a pass for behaviour that would see them run from any other company. Imagine if General Motors' CEO refused to tell analysts how much capital they would have to raise. Nobody sane would tolerate it. But Elon doesn't have to worry because sane people stopped investing in this company years ago.
who would ever find this offensive or be bothered? he's clearly confident in his products, has worked incredibly hard on them, and has no time for anyone unsure of the quality of his work.. The work speaks for itself and you either want in or you don't.
He's a REVOLUTIONARY MAN I mean he just doesn't respond the same way other CEO's do. DO keep in mind this guy is a fucking rocket scientist who sold A SUCCESFUL AEROSPACE Company to Venture in the Automotive Industry still revolutionizing that industry.
How do the analyst want to compare? A stupid question deserves a stupid answer. You simply can not ask a a stupid question and then be amazed by a stupid answer ... ?
Hey, if this video is buffering in your device, it is not because of your internet connection. It's because RU-vid is trying to censore it, by trying to make you leave and not watching it.
He wasn’t rude really. Just short , seems maybe he wanted to talk about the actual product he’s trying to work the kinks out of. Not boring negative financial questions.
Galileo is a 25 year old that makes a living off youtube (that too a small youtube channel), and he doesn't exactly have the cash to invest in many other companies. Also just an FYI, he makes PLENTY of other videos on many other companies and does deep dive analysis of potential moonshot/high growth strategies for them. Although he is financially biased to Tesla his content and certainly his intellect is not narrowed to one company. Hope this gives you more colour on how to view his opinions.
Man that was funny. Analysts were doing their job. Just a funny convo. Brings up a point - not easy to balance near and long term performance. Investors and management alike.
Tesla started the conference call by saying they would keep answering questions *as long as they were interesting,* so obviously it had been a frustration of Elon's for some time that the analysts' questions were too redundant and too focused on the near term financial results and didn't focus on all parts of the business. Gali's questions were just what the doctor ordered.
Elon has already acknowledged they have problems in the near term. How many ways does he need to explain that? These guys are just beating a dead horse. I think it was great he told them off. More people should to that when getting dumb questions like this.
It's not a comedy routine, you don't get to change the subject if it's not entertaining. It's a conference call with people tyring to figure out if the company is viable. Whether you think the question is interesting is not relevant. And given how bankrupt the company appears to be he needs their belief, not entertainment.
I like how her story is about how reporters were treated badly by someone who thought they were superior, but she treats this guy like he's a kid. Look at the end of the video, she acts like hes just lucky and mocks him with stock advice by saying he needs to broaden his portfolio.
I would also get frustrated with people rehashing old questions that have already been answered in public forums and documented ... analysts should lift their game on questions.
He owns one companies stock at essentially one price entry point, and it is of an automaker who has only run losses. All this 10 years into the second longest bull market in history, good thing automakers got through the last recession relatively unscathed...yes everyone take this man's advice...
Notice this about Elon Musk: Everytime the question contains the word "specifically" or is about personal things about his capital or employees (if directly connected to his decisions or policies in the question), he will skip, get annoyed and wants to end.
