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Elon Musk is the brand investors invest in, not tesla, not spacex. As he says, he is the pot of money - he is the core driver. I personally applaud his bravery
by harwoodleon 11y ago
Elon Musk is the brand investors invest in, not tesla, not spacex. As he says, he is the pot of money - he is the core driver.
I personally applaud his bravery, changing the established order is hard and carries great risk.
He is the real consortium of products and can shift money between these industries at will.
The risk here for all of his companies is that he is building a house of cards, one company collapse could bring it all down.
Or if they all succeed, he may become one of he most powerful entrepreneurs in history.
Which is his real 'secret plan'
- jsli 11y agoI like the "house of cards" metaphor. After learning how these three companies could help each other in his biography, I think the possibility of collapse is actually pretty low.
- mabbo 11y agoHe actually gambled the house of cards early on. SpaceX needed money, he bet Tesla, and they got lucky. It's not simply that he's a great entrepreneur, it's that his goals seem to be slightly different from others. Every business owner wants to make a lot of money, but Musk has decided to do that via pushing humanity into a Sci-fi future as soon as possible.
- phaedryx 11y agoSpaceX - rocket/aerospace research Tesla - energy storage and AI assisted vehicle research And then there is the miscellaneous stuff like this: https://en.wikipedia.org/wiki/Musk_electric_jet https://en.wikipedia.org/wiki/Musk_electric_jet It's obvious that his real 'secret plan' is an ironman suit.
- erikpukinskis 11y agoIndeed. I put a little bit of money into Tesla, and a big part of it was that I think Musk is just a good executive, and TSLA is the only place I can really put money behind that belief.