Tesla founder in interview
9,033 views • 3/2/2019
Tesla founder speeks about his difficult live, stock holders and closing stores
| 00:00 - 00:05 | I told all suckers we could produce 500k cars a year |
| 00:05 - 00:07 | Wall Street trusted me |
| 00:07 - 00:10 | They gave me billions and share price is still at $300 |
| 00:11 - 00:16 | I said with Shanghai and Nevada we could produce 1 million cars in 2020 |
| 00:17 - 00:21 | And then I closed all stores |
| 00:21 - 00:24 | I fired all sales staff |
| 00:29 - 00:31 | Even our referral program |
| 00:31 - 00:34 | it ended some weeks ago |
| 00:38 - 00:40 | we have nobody who could sell our crap |
| 00:41 - 00:47 | I told all stock holders, we could cross sell SolarCity stuff in stores |
| 00:47 - 00:50 | and Tesla batteries for solar systems |
| 00:50 - 00:56 | a complete green energy ecosystem |
| 00:58 - 00:59 | it never happened |
| 00:59 - 01:01 | we laid off all SolarCity employees |
| 01:04 - 01:06 | the SolarCity Gigafactory idles since years |
| 01:06 - 01:08 | But we got the subsidies |
| 01:13 - 01:14 | Nobody asked a question |
| 01:14 - 01:16 | only $750 million |
| 01:16 - 01:20 | for some dozen underpaid employees |
| 01:21 - 01:27 | We don't even use our own cells on HQ or Gigafactory roof |
| 01:35 - 01:36 | and without stores, we will never sell this crap |
| 01:36 - 01:39 | in high quantities enough to operate at full capacity |
| 01:41 - 01:44 | But lets get serious |
| 01:44 - 01:47 | the mission is the most important duty for me |
| 01:47 - 01:49 | I have to save the world |
| 01:50 - 01:53 | If I don't do it, nobody will do it |
| 01:54 - 01:56 | Nobody |
| 01:56 - 01:58 | and my fans believe me |
| 01:58 - 02:02 | Even if nothing indicates that I am serious about it |
| 02:05 - 02:07 | I burnt some fuel for this interview |
| 02:10 - 02:11 | but only 10000 gals |
| 02:11 - 02:13 | I took my smaller private yet |
| 02:15 - 02:17 | Morgan Stanley distressed the bigger jet |
| 02:17 - 02:20 | But everyone still think Tesla is profitable |
| 02:21 - 02:28 | I have not one penny anymore, but more than 1 billion debt. That's more debt than Tesla have cash |
| 02:29 - 02:30 | We have nothing anymore |
| 02:30 - 02:32 | But stock price rises everyday on bad news |
| 02:36 - 02:40 | $TSLA stock holders are dumber than AutoPilot |
| 02:50 - 02:55 | I have not an easy life |
| 02:56 - 02:58 | Do you want to leave Tesla? |
| 02:58 - 03:04 | I want to leave, yes. But even my dumbest actions are accepted by BOD and market |
| 03:04 - 03:09 | and SEC |
| 03:09 - 03:11 | I don't respect them |
| 03:16 - 03:20 | I don't respect them at all |
| 03:23 - 03:26 | BTW: Am considering taking Tesla private at $420. |
| 03:31 - 03:36 | Funding secured by Big Oil Saudis |
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