6 ms·

Anything Musk is now too many inferior products and broken promises for any sensible investor. Might as well just burn the money.

chambo622 2y ago
Yet the money keeps coming, so I want to learn what I'm missing.
- infotainment 2y ago
  It’s not just Musk — as soon as you hit a certain level, it basically becomes impossible to fail. I’ve noticed that even if a senior leader is ousted from a company in disgrace, another company will invariably pick that person up fairly quickly.
  - piyuv 2y ago
    Like Yahoo’s head of search before they shut down search?
- kristopolous 2y ago
  At some point it's no longer a product and a company as much as a financial instrument.
- klyrs 2y ago
  > I want to learn what I'm missing. The perverse thing is that betting on the irrational behavior of other investors seems paradoxically rational at this point. Just, don't get caught holding the bag.
- somenameforme 2y ago
  If you take your assumptions as a given and end up at a contradiction, then there is a rather logical explanation.
- shufflerofrocks 2y ago
  investors are simply off-setting the losses to the next investor they sell to. Musk brand is still valuable and his bubble keeps growing. It is only the investors present when the bubble bursts that'll be at a loss. You only need to grow your investment, sell it off to the next person, and exit before it happens
- rchaud 2y ago
  > so I want to learn what I'm missing. Capitalism isn't meritocratic, and the market for obtaining finance isn't rational.
rapsey 2y ago
SpaceX and/or Starlink going public has everyone on their knees begging for a peace of the action.
rchaud 2y ago
> Might as well just burn the money. That's the A16Z bat-signal.
andsoitis 2y ago
> Anything Musk is now too many inferior products Tesla: "Tesla maintains an 87% brand retention rate, with Lexus (68%) and Toyota (54%) trailing, according to a new Bloomberg Intelligence survey. Moreover, 81% of prospective US Tesla drivers are new customers switching from competing EV brands." -- https://electrek.co/2024/04/09/87-percent-us-tesla-drivers-say-theyll-buy-another-tesla/# https://electrek.co/2024/04/09/87-percent-us-tesla-drivers-s... I think you would be hard pressed to find any serious thinker exclaiming that SpaceX and Starling are inferior products.

chambo622 2y ago

Yet the money keeps coming, so I want to learn what I'm missing.

infotainment 2y ago
It’s not just Musk — as soon as you hit a certain level, it basically becomes impossible to fail. I’ve noticed that even if a senior leader is ousted from a company in disgrace, another company will invariably pick that person up fairly quickly.
- piyuv 2y ago
  Like Yahoo’s head of search before they shut down search?
kristopolous 2y ago
At some point it's no longer a product and a company as much as a financial instrument.
klyrs 2y ago
> I want to learn what I'm missing. The perverse thing is that betting on the irrational behavior of other investors seems paradoxically rational at this point. Just, don't get caught holding the bag.
somenameforme 2y ago
If you take your assumptions as a given and end up at a contradiction, then there is a rather logical explanation.
shufflerofrocks 2y ago
investors are simply off-setting the losses to the next investor they sell to. Musk brand is still valuable and his bubble keeps growing. It is only the investors present when the bubble bursts that'll be at a loss. You only need to grow your investment, sell it off to the next person, and exit before it happens
rchaud 2y ago
> so I want to learn what I'm missing. Capitalism isn't meritocratic, and the market for obtaining finance isn't rational.

rapsey 2y ago

SpaceX and/or Starlink going public has everyone on their knees begging for a peace of the action.

rchaud 2y ago

> Might as well just burn the money. That's the A16Z bat-signal.

andsoitis 2y ago

> Anything Musk is now too many inferior products Tesla: "Tesla maintains an 87% brand retention rate, with Lexus (68%) and Toyota (54%) trailing, according to a new Bloomberg Intelligence survey. Moreover, 81% of prospective US Tesla drivers are new customers switching from competing EV brands." -- https://electrek.co/2024/04/09/87-percent-us-tesla-drivers-say-theyll-buy-another-tesla/# https://electrek.co/2024/04/09/87-percent-us-tesla-drivers-s... I think you would be hard pressed to find any serious thinker exclaiming that SpaceX and Starling are inferior products.