3 ms·
Good. I kind of have to sit back and laugh at the "I'm a genius / Oh no!" schadenfreude of his decision-making of late. Nevermind his present playbook is direc
by stego-tech 2y ago
Good.
I kind of have to sit back and laugh at the "I'm a genius / Oh no!" schadenfreude of his decision-making of late. Nevermind his present playbook is directly ripped from Bob Page (billionaire villain of Deus Ex), but seeing people tie themselves up into knots to still defend his "4D-Chess Brilliance" as he keeps footgunning his business enterprises just makes me facepalm at the sheer stupidity of these bootblacks.
The guy invested in an EV company and built a cult of personality around going lean, mean, and green with EVs. Sporty, well-built cars with tasteful interiors and designs, that also did away with the traditional American dealership model. That worked, because it was an objectively good idea. Then he cut costs, lost the plot, and did everything he could to game the share price rather than run a better car company. As a result, others began moving into the space and copying Tesla's M.O.: in-vehicle surveillance tech, cloud-required connectivity, a focus on digital features over physical reliability, cheaper materials at higher costs, etc. So now the car market is full of "pseudo-Teslas" that nobody can afford, and nobody really wants; if we're going to buy a cheap piece of junk, we can buy a used car with the advantage it won't spy on us.
He did the same thing with SpaceX: transformed the company into a payload juggernaut, lost the plot, invested into every ancillary market possible, threw out quality control, and seems content riding wave after wave of massive explosions instead of serious R&D and QA/QC while pivoting to internet service that's angering governments, environmentalists, and scientists alike.
I could repeat this with X and DOGE, but we all know the scorecard there. The dude has completely lost the plot, and is high on his own supply. He doesn't invest assuming failure and preparing for success, he invests assuming success and failure isn't a possibility (which, to be fair, is kind of true when you've captured weakened governments).
He's just a bad leader. Full stop. If his companies' boards weren't packed with boot-licking sycophants, they'd likely have tossed his butt out for doing drugs on multiple interviews like some sort of college drug dealer instead of a C-Suite visionary.