Chamath Palihapitiya: Musk's Tesla is the 'clear winner' in electric cars

"If you get caught up in all this stuff around the edges — he may mistweet from time to time," Palihapitiya said, alluding to Musk's tweets about Tesla production numbers and funding, which have gotten him in. "My point is, who cares? Your job as a smart investor is to separate the facts and the news from the fiction and the noise."

Palihapitiya said he continues to hold Tesla stock because Musk has been able to deliver on promises on a larger scale years down the line. Musk's misbehavior on Twitter and podcasts isn't important, he said, because demand for Tesla cars is strong and exceeds other players in the electric-car market.

"All of that stuff doesn't matter. It doesn't change the fact that tens of thousands of consumers are buying that car faster than they can get their hands on it. It doesn't change that as soon as you sit inside that car, your definition of what is expected is altered forever," he said. "At the end of the day, whether you like his style or not, his substance is irrefutable," Palihapitiya said of Musk. "People are betting against his style. Betting against entrepreneurs who are changing the world has never been a profitable endeavor."

chamath elonmusk

chamath Yes it is . A clear winner in Spontaneous Combustion.

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chamath Palihapitiya: Musk is the 'clear winner' in electric carsChamath Palihapitiya, early Facebook executive and founder of Social Capital, sits down with CNBC's Scott Wapner to discuss investment strategy and why he's now a critic of Facebook. ... 'but the reality is being long equities makes sense; being long innovation makes sense. Betting against entrepreneurs who are changing the world has never been a profitable endeavor. Why start now?” he added.
Source: CNBC - 🏆 12. / 72 Read more »

Tesla misses big on first-quarter earnings as demand fell for electric carsAfter lackluster Model 3 deliveries, Tesla posted a wider-than-expected loss and less revenue than anticipated during the first quarter. Never store your crypto on any exchange ! It is not secured, Get a New Ledger Nano X today at discount price Demand fell for Teslas dawg...don’t conflate it! Did sales of total EV increase during the same period? Are consumers switching to other brands?
Source: CNBC - 🏆 12. / 72 Read more »

Tesla misses big on first-quarter earnings as demand fell for its electric carsExecutives braced investors for another loss in the second quarter before returning to profitability in the second half of the year. The Pied Piper! BayAreaBS Q1HugeLoss ShortTSLA TraderSimon in the next two years tesla will face huge competition
Source: CNBC - 🏆 12. / 72 Read more »