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Tesla founder in interview
Tesla founder speeks about his difficult live, stock holders and closing stores

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00:00 - 00:05I told all suckers we could produce 500k cars a year
00:05 - 00:07Wall Street trusted me
00:07 - 00:10They gave me billions and share price is still at $300
00:11 - 00:16I said with Shanghai and Nevada we could produce 1 million cars in 2020
00:17 - 00:21And then I closed all stores
00:21 - 00:24I fired all sales staff
00:29 - 00:31Even our referral program
00:31 - 00:34it ended some weeks ago
00:38 - 00:40we have nobody who could sell our crap
00:41 - 00:47I told all stock holders, we could cross sell SolarCity stuff in stores
00:47 - 00:50and Tesla batteries for solar systems
00:50 - 00:56a complete green energy ecosystem
00:58 - 00:59it never happened
00:59 - 01:01we laid off all SolarCity employees
01:04 - 01:06the SolarCity Gigafactory idles since years
01:06 - 01:08But we got the subsidies
01:13 - 01:14Nobody asked a question
01:14 - 01:16only $750 million
01:16 - 01:20for some dozen underpaid employees
01:21 - 01:27We don't even use our own cells on HQ or Gigafactory roof
01:35 - 01:36and without stores, we will never sell this crap
01:36 - 01:39in high quantities enough to operate at full capacity
01:41 - 01:44But lets get serious
01:44 - 01:47the mission is the most important duty for me
01:47 - 01:49I have to save the world
01:50 - 01:53If I don't do it, nobody will do it
01:54 - 01:56Nobody
01:56 - 01:58and my fans believe me
01:58 - 02:02Even if nothing indicates that I am serious about it
02:05 - 02:07I burnt some fuel for this interview
02:10 - 02:11but only 10000 gals
02:11 - 02:13I took my smaller private yet
02:15 - 02:17Morgan Stanley distressed the bigger jet
02:17 - 02:20But everyone still think Tesla is profitable
02:21 - 02:28I have not one penny anymore, but more than 1 billion debt. That's more debt than Tesla have cash
02:29 - 02:30We have nothing anymore
02:30 - 02:32But stock price rises everyday on bad news
02:36 - 02:40$TSLA stock holders are dumber than AutoPilot
02:50 - 02:55I have not an easy life
02:56 - 02:58Do you want to leave Tesla?
02:58 - 03:04I want to leave, yes. But even my dumbest actions are accepted by BOD and market
03:04 - 03:09and SEC
03:09 - 03:11I don't respect them
03:16 - 03:20I don't respect them at all
03:23 - 03:26BTW: Am considering taking Tesla private at $420.
03:31 - 03:36Funding secured by Big Oil Saudis