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But the fact that he's done it twice with SpaceX and at least once with Tesla seems to indicate he's better average at running those races.
by arijun 8y ago
But the fact that he's done it twice with SpaceX and at least once with Tesla seems to indicate he's better average at running those races.
- api 8y agoPerhaps I wasn't nuanced enough. I think Elon is better than average at the art of defying Nash equilibria -- both in the raising of funds to "disrupt" industries and in the execution of disruption. This is not necessarily the same skill as boring old "ops."
- sp332 8y agoTesla isn't actually making money yet. Edit: I'm actually not sure what you're counting. What happened once with Tesla and twice with SpaceX?
- nickik 8y agoBad way to measure success. Tons of companies don't make profit for a long term. Look at capital and sales growth. He did something that any other company could have done but didn't and now he has a growing valuable company with lots of waiting costumers and ahead of the technology curve.
- arijun 8y agoWhat op described, changing the Nash equilibrium. For SpaceX, there was a status quo, SpaceX came in with radically different manufacturing ideas and changed the game. And then when they were done with that, with a profitable model, they did it again with reuse. For Tesla, the Model S was sold at a profit, per unit. If they'd stopped there that would still have been a game changer (see all the companies working on EV).
- buvanshak 8y ago> SpaceX came in with radically different manufacturing ideas and changed the game. This never really happened. If this really happened, please provide a good article about the same, that describe what radically different manufacturing ideas and how they "changed the game"...