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That's really interesting. The Economist ran a story earlier about how aggressive Musk's finances are and how there was weird finance going on and that Musk was
by sien 9y ago
That's really interesting. The Economist ran a story earlier about how aggressive Musk's finances are and how there was weird finance going on and that Musk was simultaneously trying to keep things afloat, keep on a super aggressive schedule and keep control.
https://www.economist.com/news/business/21709061-entrepreneurs-finances-are-jaw-dropping-inventive-and-combustible-his-space https://www.economist.com/news/business/21709061-entrepreneu...
Perhaps the wheels are starting to come off. Even if they do, it's been amazing what has been achieved.
- agumonkey 9y agoFrom afar, it seems that's just how musk did about everything. SpaceX was a potential catastrophy, but they passed the tipping point successfully. Everything Musk does is "adventure" like, which is unsurprisingly good for employee stability. It's a bit like Jobs at Apple. You're gonna suffer, maybe get fire but you worked on "that" project.
- deleted 9y ago[deleted]
- Animats 9y agoSpace-X has the advantage of competing with high-cost producers. Tesla is trying to move downmarket, where they have to compete with Chevy. Tesla should be able to make a good car. The question is whether they can make money on the Model 3. In reality, Tesla's pricing strategy is to charge $50K-$60K for the Model 3.[1] This is BMW / Mercedes-Benz territory. [1] https://www.fool.com/investing/2017/08/06/surprise-the-real-tesla-model-3-doesnt-cost-35000.aspx https://www.fool.com/investing/2017/08/06/surprise-the-real-...