Apr 3, 2013
deonb Cory Johnson (Bloomberg) Nonsense
Tesla Urged Customers to Order to Make Q1 Targets: Video - Bloomberg
About 1:00 in:"He orders it in December... receives it in March... here's why it's really important. Tesla ended 2012 with 15'000 orders in hand. 15'000 people waiting to get cars. We know that they sold 4750 cars in the quarters. So that should mean that there should ... still be 10250 people waiting for cars.
And here, we got a guy, who ordered in December, got it in March. Did he jump to the front of the line? Or did they get, with 4750 cars delivered, do they in fact have a lot of deferments? Do they have a lot of cancellations? I talked to Tesla saying 'what's up, the numbers just don't add up, unless, you've had 10'000 cancellations' they said 'well, they're not all cancellations, there are also people that were told well maybe you can have the car now, but maybe deferred it'... but it really suggests there was a surge in cancellations and deferments. Customers were offered cars, but said 'we don't want it', or 'we don't want it now'. But the numbers clearly say that customers did not want as many cars now as they ordered at the end of Decembers.".?
Now, as everyone on the thread who are still waiting for a car after a year (or more) knows, yeah, that guy jumped the line, likely because he ordered a higher-end Model. Why didn't Tesla PR set Johnson straight on this? Frustrating.�
Apr 3, 2013
fluxemag I saw that one as well online. They don't allow comments or I would have nicely pointed out all of the different configurations that hadn't been built yet in Q1 causing many people to be skipped. On the other hand, I do think they are at the point where manufacturing is outstripping orders, and the backlog may be exhausted before the end of the year at the current reservation rate. They did stop publishing the sequence number on reservations, so it's much more difficult to determine the rate. I also think reservations are more concrete these days, since you can finalize almost immediately.�
Apr 3, 2013
EarlyAdopter Muckraker's gonna rake muck.�
Apr 3, 2013
AnOutsider I think he came to a reasonable conclusion given the info he had. If Tesla didn't point out that some folks were still waiting on cars, then all he knows is that people are deferring or canceling.�
Apr 3, 2013
sp4rk What bothers me is that ... when Elon has good news and it's so good that he simply has to TWEET about it, moments before the end of Q1; PROFITABLE!
Yet the following day ... all the hype (some of which we are guilty of) of the "leasing" program with numbers that are IMO BS ($500 per month) ... and only available in 8(?) states ... deflate the balloon.
And when questioned by two reporters "how many cancellations"; he literally told them that was not the subject of the phone call.
Had he any positive news, he would have said "only 100 if you can believe it, he'd be proud as punch!"
10,000 cancellations I find hard to believe. Very hard.
But I also question why they stopped the reservation numbers.
Feels like they're hiding something?�
Apr 3, 2013
Norbert According to the Q4 conference call, they don't really want a long waiting list (anymore). So it won't serve as a meaningful metric anymore, now that they try to meet demand with production, as much as possible. Of course, they will try to do this at the highest level possible (while avoiding too much overtime).
BTW, european/asian reservations of course get skipped as well (as do "reds", 60 kWh for 85 kWh, various batching, temporary supply constraints or over-availability of specific options, etc).
All this means the sequential aspect of a 'reservation sequence number' is not very relevant anymore (except perhaps within Europe).�
Apr 3, 2013
smartypnz Hmmmm... let me see..... VIN's in the 8000 range..... Assuming Tesla has delivered close to 9 or 10,000. And if an additional 10,000 have cancelled, then why have I (in the 16000's res number) not received my car months ago?
For an organization focusing on numbers.... These numbers just don't add up Bloombergians.�
Apr 3, 2013
Kaivball I ordered in December, Res 16,429 and received my car in March.
No red, no standard suspension, no 40kwh.
That's why.�
Apr 3, 2013
jerry33 To me it seems as if they just got tired of answering, "I have reservation #7000, why don't I have my car when #10000 just got delivered". Based on the number of posts like that on the forums, they must have received hundreds of calls and emails about that--which took valuable time to answer that could have been used more productively.�
Apr 3, 2013
vfx Good theory!
Not to mention quelling speculations like Cory's.�
Apr 3, 2013
bonnie Yep - I'm sure the constant analysis on TMC (quoted by more than one news org) had something to do with it. "Crowd-sourced I sider info."�
Apr 3, 2013
luvb2b cory's reporting the last few days has been way off. he thinks tesla's production is running at 367/week. he thinks cancellations are 10,000. it's all wrong. cancellations are probably higher, but even if they increased by 50% from q4 (from 1800 to 2700), most likely tesla will still sell out all their production for 2013. i posted the models in the investor thread.
the good news is he's teasing more people get short and people who have doubts to sell. when (if?) there is the upside surprise i expect it's going to be a beautiful ride. remember the stock went up $9 and that was with people bashing their upward earnings revision. now the stock is hardly up $3 from when they guided higher. if they beat by even more than projected... well it should be a good time.�
Apr 3, 2013
Norbert My impression was that the overall increase of $3, after announcing *actual* and *complete* profitability, is much smaller than such news ought to cause.
You sound like you'd have a similar view ?�
Apr 3, 2013
xhawk101 Cory Johnson is in cahoots with j. Peterson! He is totally negatively biased.
Sent from my iPad using Tapatalk HD�
Apr 3, 2013
Norbert In his own way, he appears consistently creative in that regard. (Meaning, listening to him, you'd never thought Tesla would get where it is today.)�
Apr 3, 2013
jomo25 Instead, now they have to answer questions like "I finalized on x/x, before so and so who finalized on y/y, why are they getting theirs before me." It's what I asked my guy today.�
Aug 15, 2013
RobotGrease I know I'm not the first one to notice (see Elon's tweet) and its been going on for a long time, but it's just getting ridiculous. A "journalist"/media person so against Tesla, taking every opportunity to spew venom. GM, sales #, production, and demand all up...he reports decrease in sales $ (ignoring the basis for it ofcourse).
Elon Musk ?@elonmusk11 May
@dpinsen People tell me Cory Johnson is a shill for the shorts. Don't know if true, but he sure behaves that way.
Here's my recent conversation with him on twitter. Feel free to jump in if you like. I can only do so much in 140 characters.
https://twitter.com/CoryTV/status/367727557913104384
I just can't stand the biased and misleading reporting. Its so disingenuous.�
Aug 15, 2013
mershaw2001 I took a look at his twitter account. He isn't interested in actually debating, it's a lost cause. Just leave it be!�
Aug 15, 2013
TSLAopt yeah, that guy is somethng else. It seemed like he was friends with Elon at one point because there is that video of them riding in a Roadster together a while back. Very strange how he is now though, I agree with you completely...he is a terrible reporter and is always taking shots at Elon and Tesla these days....he looks kind of like a rat too, ick!�
Aug 15, 2013
Citizen-T Oh yeah. He's a mess. Nothing drives me more crazy than a journalist that sits around on his ass all day telling people like Elon that they can't do whatever it is they are trying to do. I'll tell you what, Cory. You launch something into orbit, then I'll start giving any weight at all to what you think is possible.�
Aug 15, 2013
Krugerrand Um...yeah...I'm imagining sticking my thumbs in his eye sockets right this second...�
Aug 15, 2013
blakegallagher What a tool. In this video he claims Tesla is losing money on every car they sell. The other reporter tries to stick up for Elon and he just keeps bashing and then starts lying about Tesla
Breaking Down the Costs of Musk's Hyperloop: Video - Bloomberg�
Aug 15, 2013
gym7rjm What a scumbag. The conversation is about the Hyperloop and he finds a way to interject about Tesla losing money on each car, complete with infographic.
Edit: oops I just rewrote your same comment pretty much. But still, CJ is a dirtbag�
Aug 15, 2013
aznt1217 Oh right this guy. 100% ignorant. I stopped watching after he said if it's on the freeway.... you can't do maintenance on it. I'm sorry what? There are road construction guys doing work on the freeway right now. MTA does maintenance all the time on NYC subways. Ignorant.
To make matters worse. He's actually already met Elon. Elon took him for a ride in a Roadster. H�
Aug 15, 2013
Norbert But he relies on what "a professor" told him. Can't be wrong.
�
Aug 16, 2013
Citizen-T When he made the comments about not being able to do maintenance on it, I was shouting at my computer screen, "How the f=#$ do you think they cut the grass?"�
Aug 16, 2013
vfx I thought you guys were being a bit harsh. After watching that video I think you are all being soft!�
Aug 16, 2013
TSLAopt I am not great with twitter, just started using it, but I wish someone would tweet him the link for this board so that he and all his followers and see the feedback we're giving on his crappy reporting...I just hope in 2-3 years when it is clear to the masses (not just us) that Tesla is a profitable automaker mass producing electric vehicles that he owns up and apologizes for all his disinformation he gives out now on Tesla.�
Aug 16, 2013
Drax7 The man should be reported to the SEC for disseminating false information with the purpose of manipulating he stock.�
Aug 16, 2013
gym7rjm In my book, an apology down the road would not exonerate him. He is deliberately spreading misinformation for some personal agenda. I'm fine with critics as long as they do their research and present arguments in a fair and reasonable manner. He's supposed to be an unbiased reporter, however he clearly lacks integrity so, frankly, that makes him bad at his job... I hope he gets fired.�
Aug 16, 2013
Duckjybe During the Hyperloop announcements the video of Cory and Elon driving in the roadster resurfaced as "new news" on Bloomberg. This is a very old video and was a blatant attempt at drawing clicks to their website. Its a shame that news is all about clicks now. That's all Cory Johnson is after.�
Aug 16, 2013
aznt1217 NYU must be proud of what their alum has become. His career history is interesting too. Ex Hedge fund manager... so he was a mover and shaker that contributed some way to the financial crisis. Great resume.�
Aug 16, 2013
sullitf How do they maintain trolley cars in San Francisco or light rails in Seattle running down the middle of the street? I'm seriously impressed in those machines that clearly have been running without maintenance since they were build in the middle of the road...
Seriously though the idea is to build the hyperloop on pylons in the median, this should actually make maintenance fairly straightforward.�
Aug 16, 2013
NigelM Mod Note: I merged an older small thread into the front of this one. Cory's been talked about on TMC previously.�
Aug 16, 2013
Curt Renz Cory is a former hedge fund manager and might still have friends who run hedge funds. Wikipedia notes that he was an analyst who focused on value investing, short selling and forensic accounting. That seems to indicate he is a quant and is likely to overlook potential ten-baggers that disrupt established industries. Oil and gas were among the sectors he analyzed. One must wonder if at some point he developed a grudge against Elon Musk. He seems to tense up whenever he starts to castigate Tesla Motors. Apparently he has vested so much in negativism that he will never allow himself to admit the potential for the company�s success.�
Aug 22, 2013
RobotGrease Cory's newest inaccurate criticism tweeted today:
Cory Johnson ?@CoryTV3h
The NHTSA says $TSLA Model S is safe. Safe as the Audi A4, Cadillac ATS, Chevy Camero, Ford Focus, Honda Accord, Kia Optima, Subaru...
My response (I know I know, just leave it be. But he is attempting to maliciously misinform people!):
Robot Grease ?@RobotGrease7m
@CoryTV oh Cory, give it a rest. Everyone knows you have it out for $TSLA. Couldn't hide it if you tried. Lost all credibility. @elonmusk
Its funny cause when the safety rating came out a few days ago, i thought about tweeting it over to him and saying something along the lines of "Cory Johnson reports Tesla fails to achieve perfect score". But I figured that would just be antagonistic. Well, looks like I was right, he really does attempt to spin everything Tesla into a negative, no matter how desperate it looks.�
Aug 22, 2013
TSLAopt Corey is a bum and probably losing money somehow on TSLA going up. It's Darwin's rule at its finest in that this is a redistribution of wealth (power) from idiots like Corey to smarter people like us who have foresight of the big picture and to think outside the box and be long TSLA.�
Aug 29, 2013
Norse Look at corya tweet. All of em about Tesla might getting hacked by Syria. He is def short�
Oct 24, 2013
Curt Renz Cory was at it again today. Four BREAKING tweets during a few minutes regarding already discounted FUD about California ZEV credits. TSLA dove during those minutes as Bloomberg viewers sold, giving his short pals time to cover before cooler heads pushed it back up. He never tweeted today's big news about AAPL's Doug Field being hired by TSLA. Cory's tweets: https://twitter.com/CoryTV
- - - Updated - - -
An unusual moment of journalistic fairness. Now Cory tweets: BREAKING: Calif. board tables cut of Tesla's ZEV credits, promises to revisit within a year�
Oct 28, 2013
tander This is too funny, I can't believe there is a whole thread about this, I thought I was the only one who noticed how bent that guy is about Tesla! Just last week I tweeted Emily Chang his cohost on BloomWest see if she would flat out ask him on air why he doesn't like Tesla. I guess if he is really a quant guy he can still argue that TSLA's valuation is crazy (which it loudly is on a fundamental basis), but he is clearly biased and anti Tesla for some reason beyond that. Oh well, just noise, too bad though, BloomWest is a really good show for the most part.�
Oct 28, 2013
brianman Perhaps Mr. Johnson and Mr. Peterson are dating and this is what they talk about over lunch.�
Oct 29, 2013
stealthology I noticed this as well on Bloomberg West. I wouldn't really be surprised if it was Bloomberg pushing an anti-Tesla stance as opposed to Cory being super anti-Tesla. Any thoughts on that?�
May 8, 2014
IceAge More from this buffoon:
Has Tesla Reached Limits of the Millionaire Market?: Video - Bloomberg�
May 9, 2014
Familial Rhino Everything this guy says is complete garbage. That type of coverage is why I can't watch Bloomberg TV. I don't know why that network exists.�
May 12, 2014
Auzie Isn't that amazing, how obvious it is to all of us across the globe that there is something about that guy and Tesla. The explanation could be quite simple, the guy might be so uncool and jealous.�
May 12, 2014
Dutchie Is it just Tesla he is commenting on or are there other compagnies as well. He might be negative towards other companies too, it could be a personality thing..�
May 12, 2014
aznt1217 No he's definitely been against anything Elon does, I feel like it's personal. You should hear him talk about SpaceX. I hate to say it but this guy has to be on something... All of his remarks are just factually incorrect.�
May 12, 2014
TSLAopt theres definitely a personal vendetta there...if this were a comic book he would be one of the main villains.
-Cory Johnson is equivalent to the Joker
-Kass is Dr. doom perhaps
-John Peterson is Magneto,
-The Car Czar lady on Fox News is CatWoman,
-the Auto Dealers are equivalent to the Sentinels
any other villains out there we can match up?�
May 14, 2014
Auzie There is a character in Milos Forman's movie Amadeus that comes close, in some respects. Antonio Salieri was a composer who pledges devotion to god in exchange for being able to devote his life to music. He becomes successful composer and feels great about himself until he encounters Mozart and his music.
"Salieri reels at the notion of God speaking through the childish, petulant Mozart: nevertheless, he regards his music as miraculous. Gradually, Salieri�s faith is shaken. He believes that God, through Mozart's genius, is cruelly laughing at Salieri's own musical mediocrity."�
May 14, 2014
Familial Rhino At least Salieri actually composed music. Cory Johnson didn't build anything, as far as I can tell.
(Unless you weren't referring to Cory Johnson and I misunderstood?)�
May 14, 2014
kenliles that is one of the most apropos analogies I've seen in a long time- well said; Also concur with F-Rhino, he did compose and some decent stuff to, very talented on his own accord. Still the unfulfilled need to be what another became is indicative of the behavior for Cory and others. I'm happy to be part of the same species living at the same time as someone like EM and have a tiny part in participating (JP likely falls into this category as well I surmise). Anyway- nice correlation Auzie (one of fav movies all time too)�
May 14, 2014
Auzie I had in mind Cory Johnson.
Salieri story is about the feeling we get when we encounter someone who shines so brightly that our own little light appears very dim in comparison.
When that happens we have a choice. We can salute the light, be grateful as we benefit from extra light, perhaps join it. Or we can try to talk it down and attempt to dim it. What we choose to do speaks about our own little light.
I am also very happy to be able to watch the unfolding of this incredible story. I think we are witnessing the birth of future monopoly. I stay long.
On movies note, Immortal beloved is also good, about Beethoven.�
May 14, 2014
Familial Rhino I've also seen the movie (quite a few times, actually.) I was just making a small point, that I can see how someone like Salieri, who himself was tantalizingly close to reaching greatness, would be consumed by hate in the presence of true genius. He, too, was a creator, so at least I feel for the guy. But someone like Cory Johnson... not so much.
I concur with your larger point, though, namely that there are people who have an irrepressible urge to diminish the accomplishments of others. The more astonishing those achievements, the more they bitch and moan. The same people used to say similar things about Jobs, that he was just a brilliant marketer who never created anything himself (many still say that.)
Meanwhile, the people who are crazy enough to think they can change the world, are the ones who do.�
May 14, 2014
TSLA Siempre You give Cory Johnson too much credit. His comments were so off base and clearly intended to mislead; he should be fired from Bloomberg TV.�
May 14, 2014
kenliles Quick OT- sorry mods- * Thx Auzie, I'll check it out * - Quick OT�
Oct 2, 2014
RobotGrease I think this is a new low for Cory. Asked about the "D", he starts ranting and rambling about the model x trunk not opening during the launch event, not being available until 2016, and model s demand in the us declining. He's kind of tweaking out at the end of the video too. I don't know why more people don't call him out for his anti-Tesla bias, he clearly has it out for them. He's supposed to be a journalist/reporter....
Tesla and Elon Musk Tease the Next Big `D'�
Oct 2, 2014
stealthology He seems pretty logical in many other areas. Don't you think this could be more of a Bloomberg thing than a Cory thing?�
Oct 2, 2014
RobotGrease Watch or read anything from him on tesla, then you'll see the consistent and clear effort to bash the company, even in a delusional manner such as this one. Many other Bloomberg reporters are neutral on tesla like Betty and Matt.�
Oct 2, 2014
MikeC It's definitely a Cory thing. The guy embarrasses himself every time he talks about TSLA.�
Oct 2, 2014
mkjayakumar I have seen many of his videos wherein he starts his sentences like :
"Look this is a company that is bleeding money, has many problems, catches fire, can't sell in most states, surviving on govt dole, blah blah.."
It doesn't matter what the question is but he will start with a few meaningless negative observations all the time.�
Oct 3, 2014
mdevp Cory is an idiot, he has no insight on the auto industry but is frequently sought on bloomberg to give his opinion on tesla. For about a year whenever he was asked about tesla he'd go into this rant about "why do they call it a giga factory? whats the giga for?" mocking the name, going on and on even though the question had nothing to do about the factory. He's been told on air multiple times the giga is for the billion kwh for future production but it doesn't get through. I have no idea why he hates tesla so much, almost all of his facts about the company are wrong.�
Oct 3, 2014
mdevp Anton Walman from thestreet.com constantly bashes Tesla, read his articles its a hoot.�
Oct 3, 2014
ron8853 The anti-Tesla sentiment is wide spread in the media. Mr. Johnson is just part of it at Bloomberg, as are Kathleen Hays and Vonnie Quinn-who recently noted they wouldn't spend $100K for a car you can only drive 100 miles. Advertisers pay their salaries, and until Tesla opts to mass advertise, media outlets will take advantage of every opportunity to communicate in a derogatory manner about Tesla.�
Oct 3, 2014
mkjayakumar .... and yet I don't think it makes or will make any dent on perception on Tesla or sales, as people don't take these clowns seriously.�
Oct 3, 2014
30seconds Great article in bloomberg today about people making horribly wrong calls and then sticking by them
Fed Critics Say '10 Letter Warning Inflation Still Right - Bloomberg
they should look around internally for some more examples�
Oct 8, 2014
Perfectlogic Elon Musk Tops Vanity Fair's Disruptors List: Video - Bloomberg
Actually so funny how Cory has to spew his bearish nonsense about Tesla every time the company is mentioned, even his co host Emily is getting sick of it. I wonder if anyone is paying him to harp on the stock or if he is just bitter about missing out on a great investment.�
Oct 8, 2014
MikeC Great to see even his co-hosts are picking him up on it and calling him out. This has gotta be personal, I think Elon must have slept with his girlfriend or something.�
Oct 9, 2014
Perfectlogic How Much Debt Has Tesla Accumulated in Its Lifetime: Video - Bloomberg
Our dear friend is at it again, a company spending $1,2B before turning profitable and reaching a market cap north of $30B in one of the industries with the highest barrier to entry - now that is just outrageous.�
Oct 9, 2014
SteveG3 Yep, cohost: "Didn't want to get him started on Tesla. I knew this would happen. I knew this would happen."�
Oct 9, 2014
mdevp I also just noticed that at the end of the interview that Cory actually makes an analogy between Tesla and someone who's selling a dollar for 50 cents, and how that would be very popular. He's basically saying that Tesla is another one of history's great scams and, Elon is just a con artist. And his comment about Tesla owners..we're just idiots who don't really love their cars, but we just love the fact we're getting that dollar for 50cents and THATS why we're so in love w/Tesla and Elon.�
Oct 9, 2014
30seconds can't wait to see what this twerp says now�
Oct 10, 2014
Auzie Now this kind of response by Cory starts to cross into pathological. He seems unable to contain or control his strong emotions when Elon or Tesla are mentioned.�
Nov 5, 2014
mdevp This video, is Cory in all his Tesla-hating glory. What is funny is that he is repeating phrases verbatim from previous discussions like a bad joke.
Elon Musk's Tesla Tops Estimates on Deliveries of Model S: Video - Bloomberg�
Nov 5, 2014
stealthology How could a pretty down to earth, smart guy hate Tesla so much? My theory is that it's not mostly him, it's pressure from Bloomberg/the outside.�
Nov 5, 2014
mdevp No, I don't think so, the other Bloomberg reporters are either neutral or slightly optimistic on Tesla. I don't know what Cory's problem is, my opinion is he sounds like he either lost a ton of money shorting tsla or has friends in the investment community short tesla. In this interview he adds irrelevant factoids (concept Model X hatch doesn't work ~3yrs ago?) and states them as significant, pertinent info during this Q3 earnings call. He misleads unfamiliar viewers this way. Just replay all of his interviews on this thread and you will see that he has a severe anti-Tesla bias that is in no way objective. We should petition Bloomberg to remove him from any future commenting on Tesla.�
Nov 5, 2014
MikeC It's blatant and sad. It really feels personal to me and I gotta think Elon offended him in some way in the past. Regardless of the reason, that ridiculously biased segment damages Bloomberg's credibility.�
Nov 5, 2014
stealthology Well.. that's fine I guess. Get some more retail investors shorting Tesla. They'll eventually have to cover, which works out for us long term holders.�
Nov 6, 2014
Familial Rhino Cory Johnson is Bloomberg TV's Glenn Beck, only way less entertaining. The sheer mass of idiocy that this guy can produce in only 5 minutes of airtime is astounding. He is one of the most skillful trolls I have ever had the privilege to be nauseated by.�
Nov 6, 2014
mdevp I think I will use this approach from now on. Way less aggravating. Thanks!�
Nov 18, 2014
Curt Renz Cory was cooking up FUD again today: Where Are Tesla's 12,000 `Missing' Cars?: Video - Bloomberg�
Nov 18, 2014
gg_got_a_tesla He is just... sad. You could see the other guy, Kyle, be kind of blas� about it all as he seemed to get the real deal minus the conspiracy theories and doomsday scenarios. Bloomberg is possibly giving CJ air time just to get some eyeballs on these pieces.�
Nov 19, 2014
TSLAopt Yes, if someone has any connections at Bloomberg it would be nice to know what the deal is because clearly is an overboard Bear, more so than any news person on any other stock I have ever see ...for example, do they keep Corey on to help bring in the ad revenue from other auto companies who envy Tesla's success?�
Feb 11, 2015
Familial Rhino Our friend at Bloomberg is not wasting any time. Demand is falling!
�
Feb 11, 2015
Krugerrand Only two options:
a) he's being purposely obtuse
b) he has a very low IQ�
Feb 11, 2015
stealthology I think he's alright in reporting, but just ridiculous in regards to TSLA. I don't think Bloomberg West is all too bad. I'm sure it has something to do with a financial interests one way or another.�
Feb 11, 2015
aznt1217 I can't believe those tweets. WOW
the replies egging him on are arguably worse.�
Feb 11, 2015
Auzie I find both 1 and 2 unlikely. My impression is that he is very bitter at anything Tesla and EM, for unknown reasons. It is his emotions, not his IQ, that drive him into uncontrolled spilling of Tesla sarcasm (hatred) at any opportunity.�
Feb 11, 2015
Krugerrand He may be emotional, but you have to be one of those to make the statement: Today is the first Tesla has reported supply outstripping demand.�
Feb 11, 2015
anticitizen13.7 People don't like to be wrong. I know plenty of people who dig in their heels and grasp at straws despite being repeatedly defeated in arguments on a wide variety of subjects.�
Feb 11, 2015
Auzie That is a dangerous trait. When people dig their heels in, that makes them stuck and unable to move forward.
Cory and LT are of the same kind, stuck in their position that Tesla will fail.�
Feb 11, 2015
Familial Rhino I don't know why he does it, but the way I see it, the statement
qualifies as a straight-up lie. He must know Tesla has reported no such thing.�
Apr 20, 2015
Curt Renz Here he goes again: Cory Johnson Interviews Author�
Apr 20, 2015
SteveG3 I'm posting a link to YouTube page of the same interview Curt shared, as it was posted by Bloomberg Business and allows for us to comment, whereas the Bloomberg website does not appear to have a comment section.
Has Elon Musk Turned Tesla Around? - YouTube�
Apr 20, 2015
Papafox Curt and all,
The overall aim of this interview was clearly to chisel away at Elon Musk's credibility. The specific issue is his stating in 2013 that demand was not an issue. Elon spoke truthfully, but Johnson and the writer are both challenging Elon's assertions because if he lied then, he will lie again.
In spring of 2013 I had been waiting for over a year to receive my Tesla S. That car finally arrived in May, and I will tell you that the majority of reservation holders, including myself, (we had all put down $5000 or more) were extremely eager to complete our purchase. To assert that factory workers had to be taken off the job and the factory temporarily closed down in order to get the reservation holders to sign the papers and complete the deals is a wild fish story. The vast majority of us were chomping at the bit to get our Teslas.
Yes, there were small issues such as malfunctioning door handles, but these were handled by Tesla's staff so well that 98% of Tesla owners gave the company a vote of confidence. Would this number have been lower if the scenario painted by Johnson and the writer were true? Yes, much lower.
Johnson's motive? With the April 30 and ER announcements coming up, Johnson wishes to cast doubt on positive assertions made by Musk (if he lied once, he'll lie again).�
May 8, 2015
McMuggets This Cory fellow is indeed anti-Tesla and a biased journalist. I've been watching Bloomberg for awhile now and have noticed that every time Cory talks about Tesla, he snidely suggests somehow that Elon is lying about numbers. It doesn't matter what the earnings say. At one point there was a suggestion that "Tesla is hiding 12,000 inventory cars". I don't know about any of you but I would have loved an "inventory" car but I instead had to wait for my car to be built. As of late, he said Tesla delivering 10,000+ cars in Q1 2015 math doesn't add up. Suggested that "he can do math" and that 10,000 per quarter isn't going to get Tesla to 55,000 cars by the end of 2015. This is nonsense of course since Tesla has historically increased deliveries throughout the year and he failed to mention that the factory in Fremont has been retooled to produce more cars as well as the Model X in Q3. Anyhow, the list goes on and on. It's no wonder Musk banned Cory from his Twitter.�
May 30, 2015
Curt Renz He's at it again, this time about Texas: Tesla's Push to Sell Cars Directly to Texans Runs Out of Juice - Bloomberg Business�
May 30, 2015
gg_got_a_tesla Not so bad this time. Atleast fact-based. No doom and gloom scenarios or conspiracy theories.�
Mar 28, 2016
tinm More BS from Corey Johnson today on Bloomberg. Watch how he inserts the old anti-Tesla "Tesla loses money on every Model S" line before asking his question to his colleague in this clip -- if you can afford a few minutes of totally wasted time, that is:
Tesla to Announce Model 3 Sedan�
Mar 28, 2016
Curt Renz Cory makes sure he always sneaks in misleading nonsense about Tesla losing money on each car produced. Actually the profit margin is about $18,000 on each car, and it's invested in future development. If it went into dividends, the share price would be much lower. Cory has to know this. One must seriously wonder about his motives, and why Bloomberg keeps him on the payroll.�
Mar 28, 2016
Grendal Obviously he has an agenda. What that agenda is and why it is important for him to constantly attack or downplay Tesla at every opportunity is for a real reporter to find out.
I started a thread about CJ on "news" a while back. Maybe combine the two threads. I believe its title was "Cory Johnson gets it wrong - again!"�
Mar 29, 2016
Drax7 Major Bloomberg himself drives and owns a tesla model s. At times
He is chauffeured around one. I am surprised he tolerates CJ .�
Mar 31, 2016
EinSV Tesla Model 3 to Unveil for $35K
Classic.
I couldn't understand why the stock price did not pop 5-10% today given the crazy lines for the Model 3. But this little gem helps shed some light.
I think this sums up the bear case on why x00,000 Model 3 reservations just means Tesla faces x00,000 more challenges in the future. Apologies in advance for anyone who watches for the 5:30 of your life you will never get back. But for those who were waiting in long lines today and kicking themselves for not buying TSLA stock sooner, please remember to thank Cory and other like-minded folks for keeping that opportunity alive for just a little bit longer�
Apr 1, 2016
neroden Apparently short interest *increased* today. There are some people pouring money into betting against Tesla. Lotta people gonna lose a lot of money. I suspect they can keep it up until sometime after Model 3 deliveries are going at high volume in 2018. They're going to be forced to bail out then...�
Apr 1, 2016
9837264723849 Probably because we like to talk about him, his TV appearances and his articles.�
Apr 3, 2016
McMuggets Cory Johnson continues his Tesla hate. Probably has something personal against Elon?
Why Customers Rushed to Order Tesla�s Model 3
Beginning of the thing, he makes fun of how "at least the reveal started on time", which was somehow part of the big news that analysts mentioned. Then, a little in the middle he tries to bring up "Model S reliability issues that would be front page news for any other car company". Then again tries to keep bringing up how "Tesla is always late and I have a spreadsheet on how late they are". Then says "Tesla burns $900M of cash a year" and has only "8 more weeks of runway". Finally, he seems to even offend the person he's interviewing by suggesting that Tesla raises money from "banks whose analysts give Tesla favourable reports". Even the fellow he's interviewing calls Cory out on it and asks why he's even trying to go there in the interview.�
Apr 5, 2016
SBenson My hope is he is short the stock.
You should see his face when the squeeze happened in 2013. He couldn't hide it eventhough he was on camera. He was about to burst out in tears.
I hope he shorted again at some point thinking that the stock peaked out. No matter where he shorted he will lose big time (yet again).�
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