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What Next: TBD | Tech, power, and the future - Tesla’s No Good, Very Bad Year

Slate Daily Feed

Slate

Society & Culture, News, Business

3.91.1K Ratings

🗓️ 20 August 2016

⏱️ 32 minutes

🧾️ Download transcript

Summary

Elon Musk was promising an “epic” Q4 at Tesla last year. But 2022 ended closer to what might be considered an “epic fail,” with the stock price down 65 percent. In an uncertain economic environment like this one, how much blame goes to Musk for unloading $40 billion worth of stock and focusing on his shiny new social media network? Or are these just growing pains that every company goes through as they mature? 


Guest: Dana Hull, automotive and technology reporter for Bloomberg News in San Francisco


Host: Lizzie O’Leary


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Transcript

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0:00.0

Make match days easy with Google Pay.

0:03.0

When the last train before kickoff leaves in five,

0:06.0

tap in with your Android phone to catch it.

0:09.0

No stress.

0:12.0

And if the queue for the merch store means extra time, tap to pay faster than you can say,

0:17.8

Come on England.

0:19.8

Fast, safe, simple. Match days made easy with Google Pay. Add a card to Google Wallet. Good afternoon everyone and welcome to Tesla's third quarter

0:37.0

2022 Q&A webcast. My name is Martin Beeca,

0:40.4

VP of Invest Relations and I'm joined today by Elon Musk, Zachary Kirkhorn, and a number of other executives.

0:47.0

In October of last year, a bunch of Tesla executives hopped on a conference call for investors.

0:55.6

It was their third quarter earnings call, a regular update for shareholders and analysts

1:00.7

and anyone else who wanted to listen about how the company was doing and what its future might look like.

1:07.1

Elon Musk sounded up B.

1:09.3

As I factors Ran, we're looking forward to a record-breaking cueful.

1:14.0

So it really, you know, knock on wood, it looks like we'll have an epic end of year.

1:25.0

year. An epic end of year.

1:29.0

It's a kind of quote that just dangles out there tempting fate. Dana Hall listened to the call.

1:36.3

Of course I did, absolutely. The epic year that wasn't. The epic year that wasn't.

1:43.8

Danas the Tesla beat reporter for Bloomberg News,

1:46.6

and she's covered the company for more than a decade.

1:49.5

So she was watching Tesla's numbers closely

1:52.2

when just weeks later the company

...

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