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> certainly not dumb Perhaps but IMHO it’s a very high risk strategy and I doubt it’s necessarily optimal if more wealth is his primary goal (as opposed to his
by wqaatwt 2y ago
> certainly not dumb
Perhaps but IMHO it’s a very high risk strategy and I doubt it’s necessarily optimal if more wealth is his primary goal (as opposed to his other seemingly highly megalomaniacal ambitions..)
So far his actions haven’t really been that beneficial for Tesla (of course its sales growth might have significantly slowed down even if he stayed out of politics). SpaceX can only make that much even if it gets to appropriate the entire budget of NASA. Also at the end of the day his and Trump’s relationship might fall apart any day.
- hnfong 2y agoAny risk Elon's taking is peanuts compared with George Washington taking on the world's leading colonial power...
- wqaatwt 2y agoI wouldn’t necessarily go as far as directly comparing Musk and George Washington. But I suppose there are some parallels [if we take the more cynical] perspective. Both were willing to take on significant risk to upend the established socio-economic order primarily for the benefit of their respective social classes (wealthy landholders and tech-oligarchs). But yes, confiscation of all his property and even the gallows (fortunately or unfortunately for everyone else) is not a risk Musk is facing yet.
- VladStanimir 2y agoAnd its not like confiscating his property would do much. Like most billionaires his wealth is almost entirely stocks which while theoretically liquid would loose most of its value if you tried to sell it all at once.
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- jonplackett 2y agoWhen you’re that rich you aren’t motivated by more money. He’s motivated by power, and the fear of power being taken away.
- ndsipa_pomu 2y agoThat doesn't seem likely to me as I don't see how someone can get to be that rich without being incredibly motivated by more money. Surely a normal person would get a few million and decide that they had more money than they'd ever need? But yes, likely motivated by power too.
- Eddy_Viscosity2 2y agoMoney and power are the same thing.
- sharemywin 2y agoonly in a corrupt system.
- Eddy_Viscosity2 2y agoIn every system. The whole point of money is you can use it to get what you want. The whole point of having power is that you can use it to get what you want. They are the same thing if not completely interchangeable. You can use money to buy power and you can use power to accumulate money.
- cykros 2y agoYou can use money to buy things people are willing to sell. You can use power to get people to do they would not otherwise do. Generally, if money is able to get people to do things they wouldn't otherwise do, there needs to be some sort of duress, or corruption. People who are content with what they have don't resort to prostitution or otherwise compromising their principles for money. Those who are held under crippling debt, or who come to have no principles, are much more inclined to do so. Power is more subtle, and it is related to money, but no, they're not the same thing.
- wongarsu 2y agoI doubt money has been Elon's primary motivation for at least the last 25 years, possibly longer. He is seeking approval and recognition, maybe power. His love for Mars might go beyond the recognition he gets from it. But Money is just a gateway to all of these things, and in a way a byproduct.