Tesla is raising up to $1.5B through convertible note and share sale
A lot of people want to trash Musk and Tesla, but I look at it this way:<p>- Sure the CEO might be too active on twitter and at times say or do things typically considered inappropriate CEO behavior.<p>- Musk often makes bold claims and sometimes misses his projected dates.<p>However:<p>- Musk also is often right.<p>- He delivered amazing things with the model s.  The Audi e-tron looks quite nice and I think competition is nice, but it still doesn&#x27;t match the 2012 model s specs.<p>- He wanted the model 3 entry price to be $35k.  Lots of peopple doubted he could do it, and many projected it wouldn&#x27;t be available until 2020 or later.  It looks like the base model 3 I can order is about $39k and
with tax credit brings you downt to $35k and change.<p>- He promised autonomous driving 2 years from 2016, and honestly many people thought he was nuts.  And his prediction was overly optimistic here, but there have been a steady stream of amazing incremental improvements to auto-pilot. On freeways, the tesla can now determine when to change lanes and does it.  It can follow navigation within freeways, and it can warn you if a stoplight or stopsign is approaching.  They demoed true autonomy, and I believe it&#x27;s actually getting quite close.  Given 1 or 2 more years of incremental improvements, your tesla would be capable of driving you most places I would think.  He didn&#x27;t make his 2 year prediction, but his team at tesla is still doing amazing innovation in this space.<p>- Part of what makes a great innovator is being able to fail sometimes. Musk will continue to make bold claims, sometimes he will fail to fulfill it, but many times he will deliver.<p>What he&#x27;s doing is nothing short of amazing.  He&#x27;s doing things people keep saying can&#x27;t be done.
Re-usable rockets that land?  Electric cars?  Cars that drive themselves?  I&#x27;m willing to tolerate a little shenanigans in exchange for this kind of innovation.