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:- Sure the CEO might be too active on twitter and at times say or do things typically considered inappropriate CEO behavior.- Musk often makes bold claims and sometimes misses his projected dates.However:- Musk also is often right.- 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't match the 2012 model s specs.- He wanted the model 3 entry price to be $35k.  Lots of peopple doubted he could do it, and many projected it wouldn'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.- 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'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't make his 2 year prediction, but his team at tesla is still doing amazing innovation in this space.- 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.What he's doing is nothing short of amazing.  He's doing things people keep saying can't be done.
Re-usable rockets that land?  Electric cars?  Cars that drive themselves?  I'm willing to tolerate a little shenanigans in exchange for this kind of innovation.