He doesn't actually do any of the work in developing those technologies. He didn't even found Tesla. He's just the front man with enough money to buy titles like "chief engineer" and "founder".
you don't know anything about how business works if you can't appreciate how Elon managed to turn Tesla at concept car stage to current mass manufacturing capacities and being more valuable than next 7 car companies combined.
the man got into Stanford for Physics, and there are more than enough anecdotes from his biography done by Walter Isaacson that confirm his technical prowess.
> you don't know anything about how business works if you can't appreciate how Elon managed to turn Tesla at concept car stage to current mass manufacturing capacities and being more valuable than next 7 car companies combined.
The elephant in the room is that this was all done during ZIRP. There was an incredible amount of money sloshing around, and due to Elon's great ability to market, it ended up at Tesla.
> the man got into Stanford for Physics, and there are more than enough anecdotes from his biography done by Walter Isaacson that confirm his technical prowess.
This is Elon sympathetic. Where someone got into school has nothing to do with their business acumen. There are many people who actually went to Stanford for Physics with no business acumen. There also plenty of people who didn't go to school at all who have built great companies.
There are also many critiques of the accuracy of the Walter Isaacson biography. A definitive tome, it is not.
> if you can't appreciate how Elon managed to turn Tesla at concept car stage to current mass manufacturing capacities and being more valuable than next 7 car companies combined
So government bailouts followed by cultivating a breathless cult who throw money at making your stock the most overvalued asset in history?
Tesla took government loans and paid them all back with interest. there was never any bailout but I can tell you just hate the man regardless of facts.
Feel free to put your money where your mouth is by shorting TESLA if you feel like it's so overvalued. and get crushed like everyone that did just that along the way.
No, Tesla did not receive any funds under the 2009 auto industry bailout.[1] The $80.7 billion went to Chrysler and GM.
Tesla did receive a government loan of $465 million under the Advanced Technology Vehicle Manufacturing program, a program signed into law by Bush in 2008. Tesla subsequently repaid that loan.
> Tesla took government loans and paid them all back with interest. there was never any bailout but I can tell you just hate the man regardless of facts.
Many people don't know this but the vast majority of the money that was spent in 2008 was actually given out as loans, and those loans have been repaid with interest, netting the Treasury over $100B in profit, with billions more in quarterly dividends continuing to this day from Fannie and Freddie.
Do you think the 2008 TARP package was "not a bailout" also, because it was repaid with interest?
> Feel free to put your money where your mouth is by shorting TESLA if you feel like it's so overvalued. and get crushed like everyone that did just that along the way.
Selling put options on TSLA has been one of my more profitable plays for a long while, so maybe not.
When you get to higher level, you’re not doing work but instead you are guiding work and making decisions.
Whenever you don't know which way to go, you consult someone more senior. Those people do the same with their seniors. And so on.
There are many stories from people who have worked with Elon scattered across books and interviews. He makes wild decisions, tells people to do it, and somehow the sum of these wild ideas works out.
Remember, the idea of landing a reusable rocket was abandoned long ago by many nations because it was deemed impossible or financially infeasible. Yet here we are with SpaceX dropping LOE launch prices per kg by 90-98%.
You can call Elon many things, but a grifter he is not.
> Remember, the idea of landing a reusable rocket was abandoned long ago by many nations because it was deemed impossible or financially infeasible. Yet here we are with SpaceX dropping LOE launch prices per kg by 90-98%.
It's almost like revisiting the wildest ideas turns into feasible ones thanks to steady progress all around (science, manufacturing, better pricing).
I guess what's key is being lucky to re-attempt something at the right time. Just look at how long things from the mother of all demos took to become successful products, hell, we are finally getting the hang of collaborative editing and video conferencing was awful still 40yrs after in 2008.
You forgot all the ridicule endured for all the previous failed attempts and people how "stupid" he is for not listening to his engineers that the chopstick landing is not feasible.
the man got into Stanford for Physics, and there are more than enough anecdotes from his biography done by Walter Isaacson that confirm his technical prowess.