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Right, so we cannot assume it's profitable. It may or may not be. It may be that Musk uses a string of companies to shuttle money between, who knows. He did ma
by unityByFreedom 6y ago
Right, so we cannot assume it's profitable. It may or may not be.
It may be that Musk uses a string of companies to shuttle money between, who knows. He did manage to convince shareholders to buy his cousins'/brother's company which ended up being a huge liability. It seems to have saved him from the public seeing one of his family's companies fail.
- recursive 6y ago> Right, so we cannot assume it's profitable. It may or may not be. That makes sense, but can you assume it's not profitable?
- unityByFreedom 6y agoThe inverse doesn't work. Musk has not yet demonstrated he runs a profitable company. That's the bar which Jobs, Gates, and many other CEO's have shown which Musk has not yet shown.
- recursive 6y agoYou said he hasn't run a profitable company, not that he "hasn't demonstrated he's run a profitable company". He's definitely a different kind of CEO.
- unityByFreedom 6y agoHe's a liar. Promises self driving every year. Not even close
- recursive 6y agoOh, you're talking about promising stuff that's not delivered? Maybe not so different from the likes of Gates and Jobs. Of course, sometimes they did manage to deliver some of the things the promised also, like Musk.
- unityByFreedom 6y agoThe inflated value of Tesla as a company is mostly based on full self driving whose status Musk has continually lied about for years. Gates/Jobs did nothing of the sort.
- recursive 6y ago> The inflated value of Tesla as a company is mostly based on full self driving I find this hard to believe. In fact I don't.
- unityByFreedom 6y agoNet expenses exceed net revenue, their cash comes from selling stock, and profits only come from selling regulatory credits given by governments.