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Because Elon probably spends max couple of hours per week on Twitter acquisition? His modus operandi is taking quick decisions and backtracking if he is wrong.

Because Elon probably spends max couple of hours per week on Twitter acquisition? His modus operandi is taking quick decisions and backtracking if he is wrong. Actually it's not only his modus operandi, SpaceX according to NASA evaluation is also working that way. It's basically depth first search vs. breath first search. Dr. Daniel Rasky, a NASA Senior scientist https://youtu.be/MxIiiwD9C0E?t=1464 https://youtu.be/MxIiiwD9C0E?t=1464 : > I think there are some things and kind of going back to in some ways back to the Apollo days if you take a look at kind of the environment that NASA had in Apollo it was kind of what Elon has with his young engineers. you had you know people trying things and in what works and what doesn't work I think over the years we've gotten into a very risk-averse profile and we're I call it full matrix engineering that okay that all concerns that anyone can raise have to be chased down a hundred percent before you can make any decision. Okay, so yeah like a full matrix of all the things that may be pertinent to a certain decision and you have to fill that entire array before you can make a decision to go forward and there's times when that makes sense but it doesn't make sense for everything we do. SpaceX uses a sparse matrix okay 51% okay when do when we get to 51% okay enough we're gonna make a decision and then we're going to try it and move on.

Bubble_Pop_22 4y ago
> His modus operandi is taking quick decisions and backtracking if he is wrong. That is the modus operandi with products/services, it's not anything new anyways. It has been named in a bunch of different ways ranging from "agile" , "move fast break things" etc. also less charmingly "Microsoft vaporware products" or "Google graveyard", "Steve Jobs' bluffs" They all indicate the same strategy: ship something and get feedback, if feedback is ultra-negative then you can always kill it. However when legal stuff is signed, and especially legal stuff of this magnitude then the only way in which you leave yourself room to backtrack is if there is a clause which lets you do so in the legal document. When legal stuff is signed is not in your hands anymore, you have to treat it as being in the courts hands. Because that is what happens if you backtrack.
- Isinlor 4y ago
  For car industry and space industry it is a complete revolution. From what I understand he can legally backtrack from the deal, but he would have to pay some billion dollars penalty. Not cheap by any means, but he can afford that. And having billion dollars at stake you can try to look for a lot of legal reasons to not pay that billion. But my guess is that he genuinely thinks that 5% number is not accurate based on his twitter feed comments. His feed comments is mostly crypto scammers. Some independent people also claim that 50% of his followers are fake. Twitter claim of 5% is very specific and probably accurate in a legal sense. But if you have tens of billions at stake and a deal that looks like a mistake it's entirely reasonable to dig deeper.
  - Bubble_Pop_22 4y ago
    > For car industry and space industry it is a complete revolution. Isn't a bit premature to declare it a successful revolution? Cases against Tesla autopilot are mounting, there is a reason why "move fast and break things" isn't used in fields where the people's lives are at stake. It's the reason why Theranos imploded. Who could have possibly predicted what could have happened if US Govt let Theranos run, maybe they'd have really developed the product in the following iteration of the company? > From what I understand he can legally backtrack from the deal, but he would have to pay some billion dollars penalty That is only the case if the FTC or the US. Govt. blocks the deal because of any reason.
    - Isinlor 4y ago
      I did not know that about the deal. Thanks for the info. With SpaceX it is certainly a successful revolution. There is whole bunch of new startups that would not exists without SpaceX. Most of them will die, but some will not. It is also quite clear that Tesla already achieved it's goal of accelerating transition to sustainable energy. Volkswagen shift is certainly linked to Tesla. And Volkswagen actually committed fraud on emissions that probably led to death of many people. Situation with Theranos and Tesla is completely not comparable. Autopilot works fine. You are safer with autopilot activated on a highway than you are driving in a city per kilometer driven. Whether you are safer on a highway with or without autopilot is debatable and we don't have good enough data to settle it. So, Autopilot is not prefect by any means, arguably not market leading solution in the category of drive assist, but it works fine. The bigger issue is with Full Self Driving. Tesla can drive you around in a city - so the way they spin what FSD means is almost satisfied. The issue is that it is extremely stressful experience and I'm 100% convinced that you are more likely to get in an accident when babysitting it vs. if you would drive by yourself and pay the same amount of attention. But I think in 5 - 10 years they may be able to actually deliver proper working solution. They are making progress.

Bubble_Pop_22 4y ago

> His modus operandi is taking quick decisions and backtracking if he is wrong. That is the modus operandi with products/services, it's not anything new anyways. It has been named in a bunch of different ways ranging from "agile" , "move fast break things" etc. also less charmingly "Microsoft vaporware products" or "Google graveyard", "Steve Jobs' bluffs" They all indicate the same strategy: ship something and get feedback, if feedback is ultra-negative then you can always kill it. However when legal stuff is signed, and especially legal stuff of this magnitude then the only way in which you leave yourself room to backtrack is if there is a clause which lets you do so in the legal document. When legal stuff is signed is not in your hands anymore, you have to treat it as being in the courts hands. Because that is what happens if you backtrack.

Isinlor 4y ago
For car industry and space industry it is a complete revolution. From what I understand he can legally backtrack from the deal, but he would have to pay some billion dollars penalty. Not cheap by any means, but he can afford that. And having billion dollars at stake you can try to look for a lot of legal reasons to not pay that billion. But my guess is that he genuinely thinks that 5% number is not accurate based on his twitter feed comments. His feed comments is mostly crypto scammers. Some independent people also claim that 50% of his followers are fake. Twitter claim of 5% is very specific and probably accurate in a legal sense. But if you have tens of billions at stake and a deal that looks like a mistake it's entirely reasonable to dig deeper.
- Bubble_Pop_22 4y ago
  > For car industry and space industry it is a complete revolution. Isn't a bit premature to declare it a successful revolution? Cases against Tesla autopilot are mounting, there is a reason why "move fast and break things" isn't used in fields where the people's lives are at stake. It's the reason why Theranos imploded. Who could have possibly predicted what could have happened if US Govt let Theranos run, maybe they'd have really developed the product in the following iteration of the company? > From what I understand he can legally backtrack from the deal, but he would have to pay some billion dollars penalty That is only the case if the FTC or the US. Govt. blocks the deal because of any reason.
  - Isinlor 4y ago
    I did not know that about the deal. Thanks for the info. With SpaceX it is certainly a successful revolution. There is whole bunch of new startups that would not exists without SpaceX. Most of them will die, but some will not. It is also quite clear that Tesla already achieved it's goal of accelerating transition to sustainable energy. Volkswagen shift is certainly linked to Tesla. And Volkswagen actually committed fraud on emissions that probably led to death of many people. Situation with Theranos and Tesla is completely not comparable. Autopilot works fine. You are safer with autopilot activated on a highway than you are driving in a city per kilometer driven. Whether you are safer on a highway with or without autopilot is debatable and we don't have good enough data to settle it. So, Autopilot is not prefect by any means, arguably not market leading solution in the category of drive assist, but it works fine. The bigger issue is with Full Self Driving. Tesla can drive you around in a city - so the way they spin what FSD means is almost satisfied. The issue is that it is extremely stressful experience and I'm 100% convinced that you are more likely to get in an accident when babysitting it vs. if you would drive by yourself and pay the same amount of attention. But I think in 5 - 10 years they may be able to actually deliver proper working solution. They are making progress.