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Not a fair comparison to google which is a company Musk is a person and the story isn't framed as "Musk Company branching into xyz" but "Elon Musk" branching in
by larrys 12y ago
Not a fair comparison to google which is a company Musk is a person and the story isn't framed as "Musk Company branching into xyz" but "Elon Musk" branching into different companies. Separately google is highly profitable and can afford to take fliers in many areas and needs to do so in order to diversify, different situation.
A "Musk Company" branching into different areas might be compared to GE having different divisions all managed in a way with the corporate structure centralized but in that case the head of GE isn't a tech visionary and isn't involved in anything within the particular company like it at least appears to be with Musk. Likewise with Berkshire Hathaway for that matter.
Gotta tell you that in a sense it's almost like, get this, a ponzi scheme you keep spinning up new hope and investor money to keep things going and think you'll figure it out later down the road.