Asking because I am curious to see this take, not to dispute it.
And it's indisputable that Twitter is in serious trouble.
By Musk's own admission the company is worth less than half what he paid for it. Revenue has plummeted, toxicity is rampant, lawsuits are increasing and Twitter Blue has been a disaster that will likely be researched for years.
And so all of this chaos has dragged Musk's reputation down which in turn is affecting Tesla.
Eventually it gets old when everyone has the same looking car.
Is this a crisis? Too early to say, but nevertheless this all happend while competitors are catching up and latest offerings from German manufacturers looks very promising. There is a very real chance Tesla can loose the luxury EV segment.
I agree there will soon be more choices, but that's going to be a problem in 2 years, especially in the luxury segment.
This year everyone from Mini to Royce Rolls are selling EVs. Some such as BMW and Polestar are on their 3rd generation.
https://www.cnbc.com/2022/12/12/elon-musk-is-no-longer-the-r...
/pedant
I have no doubt that hubris is a longstanding character defect in his case.
It sounds like a very long shot, though.
Seems like a brand in crisis to me.
To unpackage this further: a big part of Tesla's "cool" was that in allowed customers have luxury and performance while not trading off being "green", and by implication being pro-social. It was a have-your-cake-and-eat-it deal, for those who could afford it. People who had to accept tradeoffs bought a Nissan Leaf.
Now there are more EV options, and Musk's behavior has done irreparable damage to the pro-social brand associations that Tesla had. It's now more associated with the tech-bro archetype, and all the baggage that carries, similar to how Wall St guys were associated with Lambos a few decades ago.
That said, I still see plenty of new Teslas on the road in liberal areas, but they are often rationalized in practical terms, not with the religious zeal that customers used to have.
A gossip campaign of an improperly predicated assertion is called a “wrap-up smear” in some circles. What’s your basis?
If he'd stuck to running Tesla and SpaceX to the best of his ability, without picking stupid internet fights, and keeping his Twitter addiction in check, he'd still have all that respect, and not just wasted $44B.
The way he mismanaged Twitter makes pretty clear he doesn't really know what he's doing. Even if the decision to buy was made after too much wine, he's had plenty of time to sober up since then, but he just keeps doubling down on all the worst decisions.
He's a great salesman. Or was, at least. He was like Steve Jobs who could sell the amazing work of Woz and other Apple engineers. But that charisma has gotten seriously dented now.
Well if he has bad habits, like a lot of us do, then its not just a matter of sobering up like it's a one time event.
> But that charisma has gotten seriously dented now.
The guy never had natural charisma in my opinion - a kind of glamour perhaps, from the wealth and achievements. I don't see the comparison with Jobs though, who was a natural salesman - Musk is a terrible public speaker, and should probably let other execs in his companies do the presentations.
Regarding the Stark comparison - IMO it doesn't matter how involved he really was with the engineering, or that he bought tesla etc - isn't it impressive enough that he made stuff happen? Can you nominate a better candidate for that comparison?
I don't mean to be confrontational though, and I respect your points.
But he didn't make stuff happen, he just paid for it. Why should we consider "Have enough money to pay for someone else to do good things" an impressive trait? Maybe we should stop deifying management for just doing a useful thing once in a while in between all the milking franchises and wealth extraction.
People who haven’t tried to run a company often fundamental misunderstand the nature the extent of the job, but claiming Musk is just “doing a useful thing once in a while in between all the milking franchises and wealth extraction” comes off like sour grapes.
I think it’s a truly bizarre smear to claim he nor Jobs “didn’t invent any of the stuff he sells” when they are perhaps the two most notable technical visionaries of our time.
I guess you can make that argument if you tilt your head and squint a certain way.
But he did become involved in Tesla when the company had only 3 employees, and contributed >85% of the series A funding (and also led the B and C rounds). He's been there for 19 of the company's 19.5 years of existence... hardly a new kid on the block.