[baix777]

Elon Musk has start up ideas, and most start up ideas fail. Yes, he overhypes the ideas, but this is common in the start up world.

The difference is he has been involved with three large successes - ebay, telsa, and spacex. This success/failure ratio is leagues better than just about anyone else. And he did this in three very different industries.

So his self driving car effort will likely fail, or at best be very late.

But we do need more people willing to take chances like this who can also execute as this is rare.

[hodder]

Taking chances on a startup is one thing. Knowingly lying in the position of CEO of a publicly traded company and selling something that will never exist is fraud. Fake it til you make it isn’t legal in public securities nor should it be.

[danielcampos93]

As much as he might stretch the truth, the most beautiful Elon trait is he dreams and is not afraid to share this dream world in the world no matter how foolish, foolhardy, or stupid it is. The rest of the FAANG CEOs provide a vague statement about how some vague description of AI will change the world and how their compy will lead the charge, which gives investors confidence but says nothing. For all his bullshiterry, Elon will provide an explicit goal versus a vague concept, which means a lot.

[stupendousyappi]

The line between "sharing his dream world" and "committing securities fraud" is evidently in the eye of the beholder. I admit that I'm surprised he doesn't get sued more for his blatant lies.

[sneak]

PayPal, not eBay.

[Alupis]

X.com, not PayPal. That was Peter Thiel.