3 ms·

> Remember hyperloop? An idea, not a company > Remember boring company? Still a company. > Remember solar city? Acquired by Tesla, who remains a major supp

> Remember hyperloop? An idea, not a company > Remember boring company? Still a company. > Remember solar city? Acquired by Tesla, who remains a major supplier of residential solar panels.

haspok 3y ago
Solar city was saved with Tesla money in a situation it would have gone bankrupt had Musk not lied about the product (and that it was "ready"), without telling Tesla shareholders about what's going on. Which is typical Musk conduct: he lies a lot, people believe him, and he somehow makes it through until the lies do not matter any more. See robotaxis, self driving, etc.
one_level_deep 3y ago
I find it odd how people refuse to admit that Musk has made some errors. He is a human who takes big swings, and has his share of failures to prove it. It's ok to admit that. I'll note, there is no mention of "Thud" [0], another failure of his. ==Acquired by Tesla, who remains a major supplier of residential solar panels.== Tesla bought Solar City for $2.6 billion in 2016. In 2019, they targeted 1,000 installations a week. In 7 years, Tesla has installed a total of 3,000 solar systems, getting to about 20 installations a week. Add in the fact that he purchased the company from his own cousins and the story looks worse. [1] ==Still a company.== It is still an existing company, but that doesn't make it a success. Founded 7 years ago, has built one actively used tunnel. They also had to change the entire idea (it's actually just Teslas driving underground). [0] https://en.wikipedia.org/wiki/Thud_(media_company) https://en.wikipedia.org/wiki/Thud_(media_company) [1] https://www.cnbc.com/2023/03/30/tesla-has-installed-3000-solar-roof-systems-in-the-us-study-finds.html https://www.cnbc.com/2023/03/30/tesla-has-installed-3000-sol...
- MetaWhirledPeas 3y ago
  > I find it odd how people refuse to admit that Musk has made some errors. GP was merely trying to dunk on Musk and didn't have a real argument. I'm very aware of Musk's failures. Heck, they are the very things that define his companies and enable their successes. Every rocket explosion was a failure on the road to success. Every over-promise drives his people to work that much harder. But you want to dunk on Musk a little more, fine, let's get this out of the way. (Not a comprehensive list.) Bad: - Twitter looks like a bad deal (so far), and is a public opinion disaster - FSD did not deliver the promised value to its original customers (future remains to be seen) - Boring has under-delivered and is not growing explosively (but they are still in business) - His general skepticism of any COVID precautions (I think his entrepreneurial bias is behind this) Worse: - The handling of the cave rescue aftermath Arguable: - His political statements - Twitter layoffs - Personal life stuff (not really our business) - Work-at-home policies (his track record says he knows what he is doing here) There. Can we pin these somewhere so we don't have to keep hijacking every Elon post with these "revelations"?
  - one_level_deep 3y ago
    [dead]
orwin 3y ago
'major supplier' is only true in the US, in the residential market, and effectively, his whole Solarcity presentation was a lie[0]. And obviously fake for anyone with limited knowledge of the market (I thought he had a new patent in the blocks but nothing of note). This is the moment I thought the success and fame was getting to him. [0] https://youtu.be/4sfwDyiPTdU https://youtu.be/4sfwDyiPTdU
kylecordes 3y ago
I find it weird when people list hyperloop as a Musk failure. He had an idea, decided to give away the idea instead of pursuing himself. It's certainly not a success, it's just an idea. Will somebody eventually make a go of it, or something similar? Maybe, maybe not.

> Remember hyperloop? An idea, not a company > Remember boring company? Still a company. > Remember solar city? Acquired by Tesla, who remains a major supplier of residential solar panels.

haspok 3y ago

Solar city was saved with Tesla money in a situation it would have gone bankrupt had Musk not lied about the product (and that it was "ready"), without telling Tesla shareholders about what's going on. Which is typical Musk conduct: he lies a lot, people believe him, and he somehow makes it through until the lies do not matter any more. See robotaxis, self driving, etc.

one_level_deep 3y ago

I find it odd how people refuse to admit that Musk has made some errors. He is a human who takes big swings, and has his share of failures to prove it. It's ok to admit that. I'll note, there is no mention of "Thud" [0], another failure of his. ==Acquired by Tesla, who remains a major supplier of residential solar panels.== Tesla bought Solar City for $2.6 billion in 2016. In 2019, they targeted 1,000 installations a week. In 7 years, Tesla has installed a total of 3,000 solar systems, getting to about 20 installations a week. Add in the fact that he purchased the company from his own cousins and the story looks worse. [1] ==Still a company.== It is still an existing company, but that doesn't make it a success. Founded 7 years ago, has built one actively used tunnel. They also had to change the entire idea (it's actually just Teslas driving underground). [0] https://en.wikipedia.org/wiki/Thud_(media_company) https://en.wikipedia.org/wiki/Thud_(media_company) [1] https://www.cnbc.com/2023/03/30/tesla-has-installed-3000-solar-roof-systems-in-the-us-study-finds.html https://www.cnbc.com/2023/03/30/tesla-has-installed-3000-sol...

MetaWhirledPeas 3y ago
> I find it odd how people refuse to admit that Musk has made some errors. GP was merely trying to dunk on Musk and didn't have a real argument. I'm very aware of Musk's failures. Heck, they are the very things that define his companies and enable their successes. Every rocket explosion was a failure on the road to success. Every over-promise drives his people to work that much harder. But you want to dunk on Musk a little more, fine, let's get this out of the way. (Not a comprehensive list.) Bad: - Twitter looks like a bad deal (so far), and is a public opinion disaster - FSD did not deliver the promised value to its original customers (future remains to be seen) - Boring has under-delivered and is not growing explosively (but they are still in business) - His general skepticism of any COVID precautions (I think his entrepreneurial bias is behind this) Worse: - The handling of the cave rescue aftermath Arguable: - His political statements - Twitter layoffs - Personal life stuff (not really our business) - Work-at-home policies (his track record says he knows what he is doing here) There. Can we pin these somewhere so we don't have to keep hijacking every Elon post with these "revelations"?
- one_level_deep 3y ago
  [dead]

orwin 3y ago

'major supplier' is only true in the US, in the residential market, and effectively, his whole Solarcity presentation was a lie[0]. And obviously fake for anyone with limited knowledge of the market (I thought he had a new patent in the blocks but nothing of note). This is the moment I thought the success and fame was getting to him. [0] https://youtu.be/4sfwDyiPTdU https://youtu.be/4sfwDyiPTdU

kylecordes 3y ago

I find it weird when people list hyperloop as a Musk failure. He had an idea, decided to give away the idea instead of pursuing himself. It's certainly not a success, it's just an idea. Will somebody eventually make a go of it, or something similar? Maybe, maybe not.