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by jmuguy 16 days ago
The irrational exuberance around Tesla was at least somewhat grounded in reality. There were some possible future(s) where it was really going to take off and completely redefine the auto industry. Then of course things went really off the rails with the Cybertruck, pivot to robotics, and just seemingly giving up on their existing line of business to go chasing whatever bong fueled dream Musk is having this quarter.

SpaceX is on a whole new level of bullshit. I think all these guys know how to do is double down. If the hype isn't working, its not stupid and big enough, so you start talking about transhumanism and singularity and other BS in your SEC filings.

1 comments

Can you image how much better Tesla would be doing if musk was no longer involved?
Without Musk, they wouldn't have squandered their market advantage with high-profile failure after high-profile failure. They would have released a good enough pickup truck in 2017. They wouldn't have spent a whole decade gaslighting everyone about self-driving cars.

The real reason Tesla was remarkable, and why Musk bought into it, was that they released a mass-market electric car that didn't look and perform like a vacuum cleaner and that got an okay range for commuting. That was the value proposition. China can now exceed those design parameters at a wholesale price of about $8k USD.