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He used Tesla to save SolarCity, he can still continue using SpaceX to save Tesla.
by cubaia 7y ago
He used Tesla to save SolarCity, he can still continue using SpaceX to save Tesla.
- gcb0 7y agothat's not how it works. thankfully.
- Robotbeat 7y agoIn 3 years, it's not terribly unlikely that SpaceX will be worth more than Tesla is now (with most of the value from deploying Starlink). And Elon is significantly more vested in SpaceX than Tesla. If Tesla has continued to face challenges, it's not beyond the realm of possibility that Starlink is spun-off as a highly profitable company (allowing Musk to maintain a majority interest in SpaceX proper) and Musk uses the capital from that to stabilize Tesla. Of course, in 3 years, Tesla's situation could easily be vastly different in both directions. And Musk would probably prefer to fund Mars ambitions than necessarily Tesla.