Tesla made BEVs mainstream, Starlink offers commercially affordable satellite Internet access in remote locations across the world, and SpaceX is a private company that reliably delivers cargo to space on rockets that land themselves to be reused, and crews that fly in the first manned craft created since the Space Shuttle.
Plus all that Solar City home and business solar power generation and storage stuff that appears to work well.
He’s a garbage person, but the companies that he’s led, outside of whatever this Twitter fiasco is, have done well.
Twitter appears to be an Icarus moment for him where his ego took him somewhere he could get out of. Sadly, he could walk away from this $40B loss and be just fine.
Is that not the definition of a good business person, though? “I have money, I see opportunities that have huge upsides and need money. I invest money, see huge gains”
It’s a game that is extremely exclusive to people who have tons of cash. But he has played it well up to this point.
I say that as someone who hates Musk. And yes, these assholes have hugely inflated egos because they’re winning at a game that very few have the opportunity to play. But since they’re winning, they think they’re once in a generation geniuses.
I was refuting the claim that he “ran several startups”, because he didn’t. He is an investor and hype-man. Check with the people that have worked for him and you’ll find that whenever he showed up with “ideas” it was everyone’s responsibility to figure out how to appease his ego without harming the product.
The people who actually ran these startups don’t have their names remembered because musk kept all the glory for himself
Yep, I don’t disagree with any of that. He’s a tool, whose only discernable skills seem to be understanding when a company is positioned to take a huge emerging market, and being a hype man. And that 2nd skill seems to have run its course because he huffed too many of his own farts. The first too, for that matter.
Edit - to be clear, since I don’t think you’re understanding my point. I assert that he was a competent investor. He hit gold too many times for it to be a luck. That has nothing to do with his leadership abilities or ideas. Completely separate skills that we’re talking about.
A.K.A. as a business man, he has succeeded. As a CEO, he has succeeded in spite of himself, because the employees knew their shit.
Sorry, no, I don’t have a citation for their internal projections before IPO lol. But in none of those cases did he come in and gut leadership; he just bought in to a company that was already well into development with a clear vision. He’s not a genius. He’s not a brilliant business strategist. He’s decent at marketing and hype, and he’s got pretty good vision for what things in the world will end up successful. But that’s it
So, basically, he started believing his own hype, and took WAY too much personal credit for results which came about due to the hard work and expertise of others. If he had kept himself in check, he could have been remembered as an above average success. Because of his ego, though, his weaknesses and limitations are on full display.
Musk wasn’t even involved in the day to day of Tesla. He was on the board until 2008, and then went hands on with vehicle design and marketing only. If you think that’s what it takes to “run a startup” then you’ve clearly never worked at a startup.
You said he “ran several startups to profitability”. That is what I’m refuting. He didn’t run shit. He funded and marketed. All of the actual operations of the businesses were the work of other people, not him.
A normal person has to break their backs on their own startup.
And right when you’ve made it, you have to decide whether you want a guaranteed check for millions, or risk it all for even more obsence wealth. And if you’re wrong, it’s too late to start over, it’s your only shot.
If you’re already wealthy, the choice is the same as buying a lottery ticket. Except if you’re wrong, you get to deduct the cost off taxes.
So when someone that was born wealthy and just kept writing those checks…
It doesn’t make them a good businessman, it just means they can afford to keep buying lottery tickets. Theirs just have way better odds.
Twitter was his favorite website. He saw people he liked get banned. He was afraid of being banned himself. He bought it so he could never be banned. He didn’t have a firm plan beyond that, and he’s been flailing ever since. And whatever happens to X, he’ll be fine, if not quite as rich for a little while. shrug
Really? And which companies are those? TBC isn’t doing shit, SpaceX floats about 40% on Starlink, which runs massively on venture capital. Twitter is ahahahaha.
Tesla is the only company actually making a healthy (if falling) profit.
No he fucking isnt “a decent business person”
The companies that he owns an interest in lost almost a trillion dollars of stock value, 200 billion of it his, due to his mismanagement being on full display.
Are you implying you are a billionaire? Or that you think that you could be? ;)
I don’t know what a hot pocket is to be honest. But you seem to be pretty familiar with it. Perhaps you could enlighten me.
At this point it’s pretty much an internet standard to insult your mother, but I honestly think all mothers are saints and I wouldn’t want to disparage them in any way.
Especially yours, being that she had the extra difficulty of raising a retard.
Luck. Businesses fail that should have been successful, business are successful despite doing everything wrong. Get lucky once and you can buy your way to success ever after. Almost every competition out there works really hard to create an artificial environment where it is skill against skill. This is not the norm for existence.
The race does not always go to the swift nor fortune to the bold, but chance happen to all.
deleted by creator
Tesla made BEVs mainstream, Starlink offers commercially affordable satellite Internet access in remote locations across the world, and SpaceX is a private company that reliably delivers cargo to space on rockets that land themselves to be reused, and crews that fly in the first manned craft created since the Space Shuttle.
Plus all that Solar City home and business solar power generation and storage stuff that appears to work well.
He’s a garbage person, but the companies that he’s led, outside of whatever this Twitter fiasco is, have done well.
Twitter appears to be an Icarus moment for him where his ego took him somewhere he could get out of. Sadly, he could walk away from this $40B loss and be just fine.
deleted by creator
They were all on track to be profitable before he bought in. He didn’t found any of them
Is that not the definition of a good business person, though? “I have money, I see opportunities that have huge upsides and need money. I invest money, see huge gains”
It’s a game that is extremely exclusive to people who have tons of cash. But he has played it well up to this point.
I say that as someone who hates Musk. And yes, these assholes have hugely inflated egos because they’re winning at a game that very few have the opportunity to play. But since they’re winning, they think they’re once in a generation geniuses.
I was refuting the claim that he “ran several startups”, because he didn’t. He is an investor and hype-man. Check with the people that have worked for him and you’ll find that whenever he showed up with “ideas” it was everyone’s responsibility to figure out how to appease his ego without harming the product.
The people who actually ran these startups don’t have their names remembered because musk kept all the glory for himself
Yep, I don’t disagree with any of that. He’s a tool, whose only discernable skills seem to be understanding when a company is positioned to take a huge emerging market, and being a hype man. And that 2nd skill seems to have run its course because he huffed too many of his own farts. The first too, for that matter.
Edit - to be clear, since I don’t think you’re understanding my point. I assert that he was a competent investor. He hit gold too many times for it to be a luck. That has nothing to do with his leadership abilities or ideas. Completely separate skills that we’re talking about.
A.K.A. as a business man, he has succeeded. As a CEO, he has succeeded in spite of himself, because the employees knew their shit.
If you don’t value sustainability, then yes. (Pretend I’m giving you the thumbs up emoji to you here)
deleted by creator
Sorry, no, I don’t have a citation for their internal projections before IPO lol. But in none of those cases did he come in and gut leadership; he just bought in to a company that was already well into development with a clear vision. He’s not a genius. He’s not a brilliant business strategist. He’s decent at marketing and hype, and he’s got pretty good vision for what things in the world will end up successful. But that’s it
So, basically, he started believing his own hype, and took WAY too much personal credit for results which came about due to the hard work and expertise of others. If he had kept himself in check, he could have been remembered as an above average success. Because of his ego, though, his weaknesses and limitations are on full display.
deleted by creator
Musk wasn’t even involved in the day to day of Tesla. He was on the board until 2008, and then went hands on with vehicle design and marketing only. If you think that’s what it takes to “run a startup” then you’ve clearly never worked at a startup.
You said he “ran several startups to profitability”. That is what I’m refuting. He didn’t run shit. He funded and marketed. All of the actual operations of the businesses were the work of other people, not him.
I’m sorry mister, “you got any sources for that?” guy, but I just gotta ask…
You got any sources for all this bullshit you’re spewing?
deleted by creator
A normal person has to break their backs on their own startup.
And right when you’ve made it, you have to decide whether you want a guaranteed check for millions, or risk it all for even more obsence wealth. And if you’re wrong, it’s too late to start over, it’s your only shot.
If you’re already wealthy, the choice is the same as buying a lottery ticket. Except if you’re wrong, you get to deduct the cost off taxes.
So when someone that was born wealthy and just kept writing those checks…
It doesn’t make them a good businessman, it just means they can afford to keep buying lottery tickets. Theirs just have way better odds.
deleted by creator
There isn’t a method anymore, just madness. You can’t see it because it isn’t there. His obscene wealth has turned him into a narcissist.
Twitter was his favorite website. He saw people he liked get banned. He was afraid of being banned himself. He bought it so he could never be banned. He didn’t have a firm plan beyond that, and he’s been flailing ever since. And whatever happens to X, he’ll be fine, if not quite as rich for a little while. shrug
Really? And which companies are those? TBC isn’t doing shit, SpaceX floats about 40% on Starlink, which runs massively on venture capital. Twitter is ahahahaha.
Tesla is the only company actually making a healthy (if falling) profit.
deleted by creator
You’re a fucking idiot or a liar. Best open your mouth and confirm one way or the other, lest you be a fucking coward also.
deleted by creator
Sad face emoji for you.
No he fucking isnt “a decent business person” The companies that he owns an interest in lost almost a trillion dollars of stock value, 200 billion of it his, due to his mismanagement being on full display.
I’m no Musk fan-boy, but he Steve Jobs’d Tesla and SpaceX to impressive heights
He bought his way in and then claimed he founded it. Hes a parasite.
Yeah if he’d stuck to that apolitical business genius then fine. But this weird erratic alt right turn with Twitter has set alarm bells ringing.
I say we indulge Elon’s plans to go to Mars.
After all, if you want Elon to go away, how much further away could he physically go?
deleted by creator
Fuck you’re funny.
deleted by creator
Guess not.
deleted by creator
Are you implying you are a billionaire? Or that you think that you could be? ;)
I don’t know what a hot pocket is to be honest. But you seem to be pretty familiar with it. Perhaps you could enlighten me.
At this point it’s pretty much an internet standard to insult your mother, but I honestly think all mothers are saints and I wouldn’t want to disparage them in any way.
Especially yours, being that she had the extra difficulty of raising a retard.
Elon won’t love you no matter how much you want him to.
deleted by creator
I’m not seeing the critique.
deleted by creator
Neither are you
deleted by creator
You’re a millionaire? Bullshit. Prove it.
deleted by creator
Hahaha
Luck. Businesses fail that should have been successful, business are successful despite doing everything wrong. Get lucky once and you can buy your way to success ever after. Almost every competition out there works really hard to create an artificial environment where it is skill against skill. This is not the norm for existence.
Maybe the one true line in the Bible.
deleted by creator
Elon made a mistake by acquiring Twitter but was bailed out by the Saudis because they wanted to destroy it.
I believe the strategy is “All my biggest supporters love it, therefore it will be great. Who cares what a few haters say?”
Isn’t that the middle point of the story of “The emperors new clothes”?
deleted by creator
Clearly he’s just a hater now