A CEO's personality offers insights into how that CEO leads his/her company. For example, NLP techniques applied to earnings call transcripts uncover CEO personality attributes that speak to a propensity for undertaking unnecessary risk. For example, Tesla CEO Elon Musk scores low in a couple of key areas (analysis HERE), such that his "outside the … Continue reading Cult of CEO Personality
Tag: Elon Musk
Tesla CEO Elon Musk (not a founder as he claims) admitted he does not enjoy being CEO today in the SolarCity trial. The Teflon will eventually wear off of pied piper Elon Musk. Mr. Musk was accused of fraud by the SEC in 2018 and was subsequently in violation of his SEC settlement. Mr. Musk … Continue reading Why Would Anyone Follow Elon Musk Into Battle?
Instagram is on to APIs. Biden's budget implies stagflation. EV poster child Elon Musk will benefit from Biden's spending plan beginning in 2023. Ransomware attacks continue to expose the fragility of our legacy technology systems. Last month we wrote about API strategy. Instagram (tkr: FB), recently opened its platform via APIs to enable Instagram messages … Continue reading Instagram, Stagflation, EVs and More Cyberattacks
Joe Biden's EV fever dream can't become reality without the U.S. investing heavily in nuclear energy. Are Americans ready to have that conversation? Electricity comes from the wall unit of course but what is the source of that current? We updated our electricity source table (below), courtesy of the U.S. Energy Information Administration. Natural Gas, … Continue reading EVs, Musk, Biden and Homer Simpson
Elon Musk is happy for prospective Tesla customers, sell-side analysts, buy-side investors and his Twitter followers to believe that Tesla vehicles are fully autonomous when that could not be further from the truth (see our earlier article regarding Autonomous vehicle permits). This fallacy helps promote the narrative around Musk as a genius entrepreneur (newsflash: Musk … Continue reading The Blood Is On Elon Musk’s Hands
The retail trading crowd views Elon Musk as a populist hero. The reality is Musk is a carnival barker and borderline fraudster in the vein of WeWork founder Adam Neumann. Mr. Musk got off easy under lax former SEC Chairman Jay Clayton. Recall in August 2018 when Musk posted on Twitter that he had secured … Continue reading Elon Musk Is A Carnival Barker At Best, A Criminal At Worst
During an equity market bubble 13-year old children are as smart or smarter than experienced stock pickers. Who needs to assess valuation, industry trends, the competitive landscape and management teams when stocks only go up? Heck, reddit chat room WallStreetBets ("WSB"), tells investors everything they need to know (said with sarcasm). Plus, Elon Musk Tweeted … Continue reading Everyone Is A Stock-Picking Genius During A Bubble. Where Is The SEC?
From time to time we have written about CEO Personality and its impact on corporate operations and stock returns. Earlier this week we spoke with Dr. Joseph Harrison of TCU. Dr. Harrison and his team recently performed an Advanced Analytics exercise that analyzed 2,880 CEOs regarding their personality traits and related company stock returns. Click … Continue reading Cult of Personality – A Deep Dive On CEO Personality Research
Snowflake and Tesla are the poster children for irrational valuations and outsized CEO compensation packages. Investors - or more accurately "speculators" - value Analytics company Snowflake (tkr: SNOW) at 183x Revenue. That's right, not 183x depressed earnings. 183x revenue. ($110 billion Market Value on approximately $600 million of Revenue). Speculators value Snowflake 9x more than … Continue reading Nosebleed Technology Stock Valuations & CEO Compensation
The "Pretender" auto companies will likely fail because they don't have Elon Musk. While we have been critical of Tesla's corporate governance, there is no denying Elon Musk's persistence. Musk's level of persistence is rare. It is highly unlikely that the Pretenders (NKLA, NIO, RIDE, WKHS) have an Elon Musk among their senior ranks. The … Continue reading There Is Only One Elon Musk