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by zozbot234 491 days ago
Elon got rich by creating goods and services for other people - such as EV cars, or low-cost space launches. It's a wash. Oh wait, actually it isn't because every trade of goods and services is advantageous to both parties by definition.

(There are of course some who only got rich by transferring wealth away from others - but they're not the ones people mostly complain about wrt. 'the rich'.)

2 comments

Personally, I don't know any working-class people who can afford a Tesla, let alone a space launch vehicle.
I do!

I met a nursing student in Shanghai who ended up marrying a "driver". (For reference, the way you get into nursing school in China is by flunking the college entrance exam.)

Attending Fudan University, I also met several students there and at the school across the street, Shanghai University of Finance and Economics. Both are highly prestigious.

Everyone's graduated by now, and the most materially successful of all the contacts I made, by far, is the nurse. She already owns a Tesla and an apartment in Shanghai. (She also has a child, which is true of only one of the university students.) What's her secret?

The couple's parents bought those things for them.

What's her secret? She works in healthcare, which is very expensive in the United States and especially in the Bay Area, and tends to pay nurses very very well (especially in the Bay Area). This illustrates my point. Her high salary as a nurse comes at the cost of many people around her, in many ways: we all pay higher healthcare costs, in part because of the high pay for doctors and nurses (as well as to hospital administrators, insurance companies, drug companies, etc.), and she's yet another highly-paid professional with the ability to outcompete other people for things like housing. Is she working class? I'm not convinced that she is.
This is one of the worst failures of reading comprehension I've ever seen.

Quick question: what is the only country mentioned in my comment above?

Quick question: why do you ask?
Well, for example, you referred to my acquaintance's "high salary as a nurse" despite the fact that she doesn't have one. You strongly implied that you believe she is located in the United States, despite the fact that I mentioned her location in China in roughly every other sentence of my comment. Nothing in your comment suggested that you were able to understand any complete sentence from mine.

Was that all an illusion? If so, what image were you trying to present? Why?

I do, especially the cheaper ones. Many people buy F150s as well (best selling vehicle in the US), as they are about the same prices.
The median price for a Tesla Model 3 in 2024 was ~$47k. The median price for a 4-door compact sedan in 2024 was ~$26k, or almost half as much. I'm sure some working-class people can afford a Tesla. None of these are hard and fast rules, and there are exceptions. But, which do you think is going to be more affordable to a typical working class person? The $47k car or the $26k car?
No one said more affordable, the commenter above simply said affordable to which I rebutted.
The commenter above that introduced the word affordable, that commenter was me, and I'm free to clarify what I meant, which I just did.
Then perhaps you should clarify it in the beginning as to not have these exchanges on semantics. Anyway, of course a cheaper product is more affordable than a more expensive one, that's a vacuous, trivially true statement that does not add anything to the discussion being made in this thread.
GP said afford, not that they are buying them anyway despite living paycheck to paycheck.
Sounds like goalpost moving for the common use of the word "afford," but even if we take it to be what you mean, that's still an assumption you're making, as they can afford it theoretically, and the fact that they do or don't buy is ancillary; I can also afford a Lamborghini, but I'm not going to buy one.
zozbot234, why do you say that Elon got rich by creating goods and services for other people? What I mean is, what do you expect your readers to infer from this, or what do you hope us to conclude from it?