2 ms·
Thank God for that. I don't mean anything bad about Germany when I say that. It's just that I don't think people realize how important it is to have good incent
by JoshCole 8y ago
Thank God for that. I don't mean anything bad about Germany when I say that. It's just that I don't think people realize how important it is to have good incentives. Getting rich on the basis of successfully electrifying the world is a very good incentive to have. Legacy automakers have to fight their own incentives. As a consequence, they can't quite manage to make the full turn. Regulation has helped curb this a little, but Elon Musk founded the company without the corrupted incentives. Their market capitalization in the electrical energy sector is a direct consequence of this. Anyone who knows about climate science ought to be happy with his accomplishments.
There is a causal link between Elon Musk putting all his money into SpaceX and Tesla and their successes. This is true from the obvious way (they were literally close to death with his last infusion), but its a truth that is more than superficial.