The first master plan wasn’t abandoned because of unprofitability of the initial models—valuations proved investors were keen to support Musk. The plan was also sensible. It failed for the opposite reason: As a regular car company, it would never grow into those valuations (and Kimball needed a bailout). So it was abandoned and the journey into escalating bullshit plans began
Elon is a greedy billionaire. All of America’s financial groups, MIC companies, IC neocon scum, and every Congresscum are trying to be at least Millionaires. The system is corrupt. Elon is safe because StarLink does work and keeps the Brennans and Comeys safe from the Commie Russians or whatever evil inhabits the Russian Bear today( and the populace under scrutiny), and so Elon can scam and scam and scam. As does Gates ( Vaccines, fake meat), Bezos(sell crap on the cheap and the proles keep quiet) Thies, etc. etc.
"Eventually, at some point, the products will need to generate more revenue than they cost.": It can't happen too soon for me. I'm utterly sick of these charlatans and their bullshit.
By the way, that includes Allen and VandeHei, well known purveyors of toxic drivel, most (in)famous for their lengthy prominence at Politico, a publication whose obsession with who's up/down/in/out in DC is emblematic of the amoral trivialization of American politics and government by many people who have made lucrative careers in them.
The second master plan, in 2016, was timed as Elon was convincing investors that Tesla should acquire SolarCity--the solar installation company that Elon founded with his cousins, was the chair of the board of and was the largest shareholder of.
The first master plan wasn’t abandoned because of unprofitability of the initial models—valuations proved investors were keen to support Musk. The plan was also sensible. It failed for the opposite reason: As a regular car company, it would never grow into those valuations (and Kimball needed a bailout). So it was abandoned and the journey into escalating bullshit plans began
Just gold.
Pure gold. I can't disagree with a single sentence.
Excellent article; thank you!
Did the plan say anything about that magical future when we have self-driving cars without safety monitors?
Elon is a greedy billionaire. All of America’s financial groups, MIC companies, IC neocon scum, and every Congresscum are trying to be at least Millionaires. The system is corrupt. Elon is safe because StarLink does work and keeps the Brennans and Comeys safe from the Commie Russians or whatever evil inhabits the Russian Bear today( and the populace under scrutiny), and so Elon can scam and scam and scam. As does Gates ( Vaccines, fake meat), Bezos(sell crap on the cheap and the proles keep quiet) Thies, etc. etc.
"Eventually, at some point, the products will need to generate more revenue than they cost.": It can't happen too soon for me. I'm utterly sick of these charlatans and their bullshit.
By the way, that includes Allen and VandeHei, well known purveyors of toxic drivel, most (in)famous for their lengthy prominence at Politico, a publication whose obsession with who's up/down/in/out in DC is emblematic of the amoral trivialization of American politics and government by many people who have made lucrative careers in them.
The second master plan, in 2016, was timed as Elon was convincing investors that Tesla should acquire SolarCity--the solar installation company that Elon founded with his cousins, was the chair of the board of and was the largest shareholder of.