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You mean increasing the value of the company by 10x? What's your basis on pretending to be the CEO? Considering the unparalleled success of Tesla/SpaceX vs any
by arandomusername 3y ago
You mean increasing the value of the company by 10x?
What's your basis on pretending to be the CEO? Considering the unparalleled success of Tesla/SpaceX vs any other competitor?
- kibwen 3y agoElon Musk increased the stock price of Tesla by repeatedly lying about Tesla's ability to deliver FSD while egging on his cult of personality, a.k.a. Tesla's marketing department, to silence all criticism and produce an echo-chamber of terminally-online yes-men. As far as Elon Musk is concerned, you're a useful idiot. Both Tesla and SpaceX would be better off with almost anybody else on the planet at the helm.
- nebula8804 3y agoIts hard to see how Tesla would have survived without these efforts. Ditto SpaceX. If there was a viable competitor to SpaceX in the US it would have emerged in the last 15-20 years.
- omgwtfbyobbq 3y agoIf that was the case, almost anyone else would have already built another Tesla and SpaceX.
- dragontamer 3y agoThat's not how it works. There are limited amounts of money that investors can offer, even in a country as rich as the USA. If one lying company lies about their benchmarks, it prevents other companies from forming as one company sucks up the money. While the companies making realistic estimates fail to attract money. --------- EDIT consider this: we got to the point where investors were spending on MoviePass, GameStop and such companies. Talking about realistic or useful models wasn't really in the works anymore.
- omgwtfbyobbq 3y agoIf there were no other companies in the auto/space launch industries, and Tesla/SpaceX acquired most of they competitors, then maybe. That's not the case though. There are large, well funded incumbents that could have taken the approaches Tesla/SpaceX did, and they choose not to. Their competition also hasn't been bought out. Both companies have made IP, tech, logistics, etc acquisitions, but iirc those have all been compliments, not competitors. Edit - They've also sold parts of their acquisitions they didn't want, like selling Maxwell while keeping the DBE stuff. https://www.pv-magazine.com/2021/07/30/tesla-sells-maxwell-technologies-dry-cell-tech-for-lithium-ion-batteries-retained/ https://www.pv-magazine.com/2021/07/30/tesla-sells-maxwell-t...
- dragontamer 3y agoThere were plenty of other companies. SpaceX just lied about building the "Artemis" project and getting to the moon by....*checks notes*... 2025. The problem is overpromising and underdelivering. There's no full-self-driving, there's no Artemis by 2025, etc. etc. Such lofty, unlikely goals not only attract money (government money, investor money, etc. etc.), they also suck out the oxygen for more legitimate technologies.
- inemesitaffia 3y agoPlease don't mention Artemis. That's a Donald Trump farce. Everyone in the Industry knows no ones getting to the moon before 2028. No other lander was suitable. You can see the modifications Blue Origin made post lobbying. And Dynetics.... If you truly believe that counted your entire comment is null and void SpaceX would still be ahead. Artemis or not. You can go to Southern Florida and see for yourself
- arandomusername 3y agoIf you're so confident that Tesla stock price is inflated, feel free to short it. Specially if you feel like FSD is a complete lie. Market cap is one of the better ways to objectively classify companies, and Tesla has been continously doing extremely well. It has for years. Maybe you are smarter than the entire market. > Both Tesla and SpaceX would be better off with almost anybody else on the planet at the helm. Must be why all those other space companies not lead by Elon Musk are doing a lot better. Oh wait...