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Elon Musk is spread out way too thin. He should never have bought SolarCity, and he needs to relinquish SpaceX entirely. He needs to be laser-focused on getting
by pfarnsworth 9y ago
Elon Musk is spread out way too thin. He should never have bought SolarCity, and he needs to relinquish SpaceX entirely. He needs to be laser-focused on getting the Model3 out of the door because his whole company depends on it.
I think people are sensing a hell of a lot of weakness, and if Tesla starts running out of money, he could literally find himself and the company bankrupt, especially if banks stop lending money because it looks like a bad credit risk.
This feels like the type of company that could crumble down to single digits in stock value because of some catastrophic set of financial issues.
- philwelch 9y agoI’d rather Musk give up owning a car company than give up working on the most plausible near-term route for humans to enter low earth orbit that doesn’t enrich the Putin cartel.
- kitsunesoba 9y agoHe’d give up everything else before he’d give up SpaceX. Green energy, EVs, AI + autonomy, etc a priority for him, but if he had to go exclusive on anything it’d be SpaceX, no question. Even now he’s plainly stated that his primary interest in his other companies is building the kind of capital needed to run a space program without being tethered to the whims of whoever is currently in office.