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Most of the Tesla threads seem to directly jump from Tesla to Musk to SpaceX. The question on viability and profitability are never answered during such compari
by thisisit 9y ago
Most of the Tesla threads seem to directly jump from Tesla to Musk to SpaceX. The question on viability and profitability are never answered during such comparisons. I dug around to see how SpaceX was doing and I only found this article from early last year:
https://www.nasdaq.com/article/will-spacex-earn-a-profit-in-2017-cm875897 https://www.nasdaq.com/article/will-spacex-earn-a-profit-in-...
> Moreover, if SpaceX achieves its stated goal of sending 20 rockets into orbit by the end of the year, the $1.44 billion in revenues that implies suggests rising levels of profitability. And if SpaceX achieves its targeted 30 launches in 2018, the company should be even more profitable next year.
When I look up the launches from SpaceX's site:
http://www.spacex.com/missions http://www.spacex.com/missions
There were only 18 flights in 2017. So, SpaceX also missed their target but they might be in better financial health than Tesla.
For the most part defense of Tesla is similar to the ones seen for Cryptocurrencies. People often go - "This is FUD and author is trying to spread FUD to buy more coins. This coin is trying so and so technology. If it succeds then the price is going to the moon. HODL".
That said I am curious to hear well reasoned arguments on what Tesla is doing which is better than the others. Or rather going to do better.