there you have the sexy presentation you
argue the left has those problems come
from Elon Musk's ambition and his
disregard for social or business norms
yes so on the one hand these qualities
have contributed to his love being much
more successful than I think a lot of
people were predicted 10 to 15 years ago
but the flip side of that coin is that
Tesla might have a product roadmap that
is unsustainable and that's you know
Elon Musk just can't make this
transition from scrappy ambitious
startup CEO to a more measured more
disciplined CEO of a company that now
you know it's priority is more
operations and incompetence than selling
people on its potential
[Music]
a lots going on with hustler right now
there's good there's bad and it can be
difficult to make sense of which is
dominant over the past year Tesla has
undergone three rounds of layoffs after
this first round of layoffs last June
Elon must send an email or he strongly
suggested that they're making these cuts
now so they'd never have to do it again
but then in January they made another
round of layoffs and then at the end of
February in the beginning of March when
they announced they're gonna close some
stores they said that would also lead to
layoffs Tesla and the SEC have been at
odds over the past year in August of
last year
Elon Musk said he basically had a deal
to take cus of private the SEC basically
disagreed and sued him the two
eventually reached settlements part of
that settlement requires Elon Musk to
have all communications that could be
relevant to investors reviewed by
someone at Tesla before he makes them
public and recently he tweeted a
projection about Tesla's vehicle
production for this year now he sent out
a corrected tweet shortly thereafter but
the SEC you know has to judge to hold
Elon Musk in contempt because you know
they're saying that Elon did not get
pre-approval so over the past year there
have been three former Tesla employees
who have filed whistleblowing tips at
the SEC which basically means these
employees are saying that we have seen
wrongdoing at the company and we want
the government to know about it now
Tesla has denied all of these things and
you know we haven't seen Eddie or
evidence of this but you know it
certainly raises questions for the
company so how this house is gonna be
looking through the 2019 that is the
million-dollar question on the one hand
they finally introduced a $35,000
version of the model 3 which has been
you know one of their primary goals
going back to 2006 on the other hands
they're closing a lot of retail stores
there's questions about where they're
going to build the model why the semi
questions about Elon Musk's behavior
it's it's tough to tell there's a range
of possibilities for how this year is
going to turn out for Tesla you know
right now it's it's difficult to tell
things are going to shake
worst-case scenario model 3 and I guess
overall vehicle demand is not as high as
it hoped Elon Musk's behavior and and
legal battles the suc serious
consequences and his behavior becomes
even a bigger distraction for the
company while at deals list softening
demands and an ability to hit its
financial targets
best case scenario for Tesla Model 3
demand stays high or even increases with
the introduction of lower priced
versions fully ironed out all the kinks
in production
profitability keeps growing over the
course of the year Elon Musk's legal
battles with the SEC sort of died down
without any major consequences for him
you know he's sort of reigns in his
behavior and doesn't create any more
distractions for Tesla and I've been
over 2019 you know this has become a
pivotal year for Tesla and a very
successful one you know both financially
and in terms of you know their public
image