Musk has been at the helm of Tesla for 20 years. The past year was a very slow year for the car selling business except for luxury vehicles of course (which Tesla is). In 2021 Teslas accounted for approx. 1% of total global vehicles sales.
Musk was CEO of Paypal for 6 months back in 2001. He was fired because he was running the company into the ground. Peter Thiel managed to save the company and sell it to Ebay
> SpaceX is the cheapest way to get cargo into space
Is the American consumer in need to send any cargo to the ISS? SpaceX is a graft built on big government
> Tesla is 3x profit per car versus Ford/GM
30 Billions of subsidies and credits in 20 years to arrive to the same financial achievement as Ferrari in the 90s. Only Teslas don't look like Ferraris unfortunately. They are also still more scarce than Ferraris, if not on the roads, for sure in absolute numbers. Pretty poor performance when the Italian brand makes 9,000-12,000 cars per year dependant upon macroeconomic enviornoment.
Also they are cooking the books. Everybody who looks at musk and how it operates understands this. He believes in manifestation and faking it till you make it.
Elon was gone way before he could have had any influence on modern Paypal's profitability.
>SpaceX is the cheapest way to get cargo into space
Well, we don't know the financials, so it could be cheaper for the customer, while burning investor capital. But this one seems like money-well-spent, at least.
Musk has been at the helm of Tesla for 20 years. The past year was a very slow year for the car selling business except for luxury vehicles of course (which Tesla is). In 2021 Teslas accounted for approx. 1% of total global vehicles sales.
1% in 20 years. World-changing.