This is probably the biggest reason why I only invest in $TSLA. The zero BS work culture and intense focus on solving real problems. Tesla employees and contractors are elite special forces level people.
Marc Andreessen on what makes Elon impossible to compete with
“I’m not aware of another CEO who operates the way he does.”
Marc believes you have to go back in history to the industrialists of the late 1800s and early 1900s to find founders comparable to Elon Musk (e.g. Henry Ford, Andrew Carnegie, Thomas Watson, Andrew Mellon, Cornelius Vanderbilt).
“Those guys ran very similar to the way Elon runs things… The top line thing is just this incredible devotion from the leader of the company to fully, deeply understand what the company does, to be completely knowledgeable about every aspect of it, and to be in the trenches and talking directly to the people who do the work to deeply understand the issues. And then be the lead problem solver in the organization. Basically what Elon does is he shows up every week at each of his companies, identifies the biggest problem the company’s having that week and he fixes it. He does that every week for 52 weeks in a row and then each of his companies has solved the 52 biggest problems that year.”
Marc juxtaposes this process with more conventional CEOs who respond to problems with planning, meetings, and reports.
The other crucial factor in Elon’s success that Marc points to is his ability to attract incredible talent:
“Many of the best people in the world want to work with him because if you work with Elon the expectations are through the roof in terms of your level of performance. And he is going to know who you are and what you’ve done. He’s going to know what you’ve done this week and if you’re underperforming. And he may fire you in the meeting if you’re not carrying your weight. But if you are as committed to the company as he is, and hard working and capable, many people who have worked for him say that they had the best experience of their lives.”
Marc recalls a famous line from somebody who joined SpaceX from another aerospace company and said, “It’s like being dropped into a shocking zone of competence. Everybody around me is so absolutely competent.”
And lastly, as Marc argues, Elon’s technical ability is another competitive advantage versus non-technical CEOs:
“When he identifies the bottleneck, he goes and talks to the line engineers who understand the technical nature of the bottleneck… He’s not asking the VP of Engineering to ask the Director of Engineering to ask the manager to ask the individual contributor to write a report that’s to be reviewed in three weeks. He doesn’t do that. What he does is he goes and personally finds the engineer who actually has the knowledge about the thing, and then he sits in the room with that engineer and fixes the problem with them. And again, this is why he inspires such incredible loyalty from especially the technical people who he works with. They’re just like, ‘Wow, if I’m up against a problem I don’t know how to solve, freaking Elon Musk is going to show up in his Gulfstream and he’s going to sit with me overnight in front of the keyboard or in front of the manufacturing line and help me figure this out.’”
Video source: @ChrisWillx (2024)
Perspective is crucial. While $TSLA has experienced a strong short-term rally, a long-term view of the chart suggests a positive outlook ahead.
My 2025 price target of $700 still stands.
TSLA breaking out of a 4 year consolidation pattern.
Due to popular demand, Tesla AI team release roadmap:
September 2024
- v12.5.2 with ~3x improved miles between necessary interventions
- v12.5.2 on AI3 computer (unified models for AI3 and AI4)
- Actually Smart Summon
- Cybertruck Autopark 📐
- Eye-tracking with sunglasses 🕶️
- End-to-End network on highway 🛣️
- Cybertruck FSD 📐
October 2024
- Unpark, Park and Reverse in FSD
- v13 with ~6x improved miles between necessary interventions
Q1 2025
- FSD in Europe (pending regulatory approval) 🌍
- FSD in China (pending regulatory approval) 🇨🇳
📺
It was great to be on @BloombergTV this morning, discussing all things @Tesla with @EdLudlow and @CarolineHydeTV for their @technology channel.
Last time was 19 years ago, gosh, coming full circle. 🔁
Thanks for having me, Ed and Carolina.
YT link: https://t.co/MUWK4L5bSs
The @elonmusk 2018 comp package overhang is now over as this has passed shareholder approval along with the much anticipated move to Texas leaving the Delaware nightmare in the rear view mirror. This all comes down to Musk is Tesla and Tesla is Musk-pivotal outcome overnight 🏆🔥
BREAKING: Tesla shareholders have officially re-approved Elon Musk's 2018 compensation package, and approved Tesla's reincorporation to Texas, according to @elonmusk.
Let's goooooo!!!
Thanks Ashok!
Ashok was the first person to join the Tesla AI/Autopilot team and ultimately rose to lead all AI/Autopilot software.
Without him and our awesome team, we would just be another car company looking for an autonomy supplier that doesn’t exist.
Btw, I never suggested that he say anything and I had no idea he wrote this until I saw it 10 mins ago!
Business Friendly
Look at this photo.
In standard protocol, a PM sending off is only reserved for Head of States.
Today, PMX put aside all protocols, come down to parking lot to send off CEO of Microsoft Satya Nadella. He also got 16 Ministers to listen to Satya speak.
This is how PMX @anwaribrahim make Malaysia more business friendly. He made potential investors feel welcome. He also made sure Ministers work to fast track investments.
I hope other Ministers, Menteri Besar, Exco and Civil Servants can come down from their high offices and as business friendly as PM to get more investments.
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