This timing seems about right to me. Most of the wrinkles appear to be out of the Model 3 production now. Designing the Model Y is about to start. Right now would be the right time to take some well deserved R&R.
How many times are we going to see outrage news that would lead us to believe a company is on the brick of disaster, yet the opposite occurs. Instead of using emotions, let me present facts with stock prices:<p>United Airlines passenger pulled off PR disaster stock was up 13% 3 months later.<p>Facebook cambridge analytica at lows at $160. Today $FB closed at $186.99.<p>Tesla report of death while car was in autopilot and public outrage over Elon's handling of investor quarterly call. May 3rd $TSLA trades down to $285. Today $TSLA closed at $301.<p>Apple, all analysts go bullish saying X is not selling, suppliers reporting down, consumers complaining about minor details, the end is near for Apple. Trades down to $160 April 27th. Instead Apple crushes quarter, huge $100B stock buyback, divy increase... up 15%. Cook praises Tax reform.<p>In nearly every circumstance where public outrage and news blasts a solid US company for some minor incident, it has been profitable to buy the dip. I can provide many more examples if so desired.
It may be the looming post accident battery safety realities that has caused this...it's possible a massive recall or worse is in the works for Tesla given the volatility of damaged batteries catching fire repeatedly after accidents.
<a href="https://electrek.co/2018/05/10/tesla-battery-reignited-days-after-catching-fire-crash-ntsb-investigate-fire-response/" rel="nofollow">https://electrek.co/2018/05/10/tesla-battery-reignited-days-...</a>
I read an article quite a while back (might be a couple of years ago now) that did the math and concluded that, unless some serious "magic" happened, Tesla was going to lose major coin on every Model 3 sold. Then I read an article just a couple of days ago that said that, in fact, Tesla IS losing major coin on every Model 3 sold. Who knew?
The whole notion of the article is that taking time off is wrong.
No, it is not.
For what we know, the person taking time off could be sick, mentaly or phisically.<p>The author of the article needs to be more humane.
Just like anything Trump seems to become a news article, so does anything Tesla.<p>I can't even read the news without rolling my eyes and thinking WTF?<p>An article about Trump or Elon Musk/Tesla even if it's completely uncalled for or factually incorrect seems to become "news".<p>Journalistic quality has definitely gone downhill in the last decade or two.