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OK, and then he proceeded to turn that fledgling entity into a massive industry-launching company. This is enough to be considered a business genius. Even if T
by FredPret 4y ago
OK, and then he proceeded to turn that fledgling entity into a massive industry-launching company. This is enough to be considered a business genius.
Even if Tesla fails, which seems unlikely given their pile of cash and very popular cars, he has already succeeded in his stated goal of getting the switch to electric cars started.
- Retric 4y agoThe EV transition is all about improvements in battery technology which Tesla had nothing to do with. A big chunk of Tesla’s early revenue was selling drivetrains to over EV companies. The transition was real and Tesla successfully road the wave, props to a successfully executed business strategy but technology wise it really didn’t change much. People talk about the EV1, but the Toyota RAV4 EV was produced from 1997–2003, and then 2012–2014 the second version was even a collaboration with Tesla. Where it failed was not targeting the sports car market. https://en.wikipedia.org/wiki/Toyota_RAV4_EV https://en.wikipedia.org/wiki/Toyota_RAV4_EV
- FredPret 4y agoTechnology is one aspect of progress. Deploying it, convincing people to adopt it, making it a viable business are all just as important, if not more. Just as an aside, it's not possible to make more than zero cars without developing a hell of a lot of technology; especially if you mass produce them. Even if every aspect of the car is completely old hat, which Teslas aren't.
- Retric 4y agoI have no problem acknowledging that fewer EV’s would be on the road without Tesla the company. I simply disagree that Musk actually moved the needle significantly long term. The initial Roadster was the first production EV to have a range of 200 miles which then sold 2,450 cars. That’s a milestone, but Musk wasn’t even the CEO when it was released. I give him credit for being part of the funding round A though not a seed investor, an actual founder, or really all that critical to the process while acknowledging he very much was part of the process. He had a larger role when it comes to the Model S, but by that point they had all the elements of a car and it really came down to execution. He helped turn a 100 million dollar company into a 100 billion dollar company, that is impressive. You don’t need to try and exaggerate his importance.