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by dragontamer 1303 days ago
Elons breakthroughs are largely financial, and I don't like the guy but I admit this for sure.

Elon is the kind of guy who can gather $Billions from the market year over year, each time promising that this is the last time and the company will be a wild success afterwards.

Remember when Model 3 factory was all that Tesla needed in 2014? But then full self driving, Cybertruck, battery swap, AI robot that plugs in the cord for you, Model Y, Tesla Semi, Solar City buyout, Solar Shingles, Dojo Supercomputer, $35k Model 3, 4680 cells, etc etc.

It's the same thing year over year. He brings up a topic without necessarily promising that it's coming. He uses it to get another $Billion in loans and equity. He fails upwards, if a thing fails (see battery swap, solar Shingles, full self driving) it still raised equity / bonds and gets him more investors the next year.

1 comments

He is a great salesman for sure but he promises revolution and delivers only evolution at best.

Lots of Simpson-Monorail vibes.

And financial breakthroughs are nothing, remember Madoff?

At least Musk's companies are real but his biggest promises aren't.

I wonder where Tesla would be now without the Diesel scandal.