John Paczkowski

Recent Posts by John Paczkowski

Tesla’s Zero-to-$20 Billion Speed Has Even Musk Shaking His Head


Asa Mathat | D: All Things Digital

August has been a month of milestones for electric-car maker Tesla Motors. Last week, its Model S sedan was rated the safest car on the road today by the National Highway Traffic Safety Administration. This week, Tesla’s soaring shares — which have charted a 371 percent gain this year — pushed the company’s market cap beyond the $20 billion mark.

That’s a third of Ford’s current valuation. An extraordinary achievement for Tesla, an automaker that has only been around a tenth as long, though founder Elon Musk seems a bit uncomfortable with it.

Asked last week by CNBC about the recent run-up in Tesla shares, Musk said he was wary about the high expectations the market is placing on the company.

“I actually think … the market is being very generous,” Musk said. “And they’re obviously giving us a lot of credit for future execution. So we’ll do our best to honor the faith the market has placed in us. … I really feel like the valuation we have right now is more than we have any right we have to deserve, honestly. … We need to make sure we really knock the ball out of the park over the coming years.”

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik