this post was submitted on 23 Apr 2024
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This is what we get for conflating a persons talent and ability with their net worth
His only talent is convincing the wealthy to invest in his schemes. I don't understand how he does it, hearing him speak is painful.
He got lucky with Tesla becoming a meme stock.
SpaceX is being run by a competent engineer while its competitor, Blue Origin is being run by a megalomaniac. This is possibly Musks only competent move in business.
The rest of his ventures have been failures. To any one not blinded by greed, it's clear he long ago peaked. He's playing a shell game now but people will happily invest hoping luck will strike again.
That's not fair, he's also really good at making promises to the public to secure incentives and public funding and then fucking everyone over
The real trick there is how he didn't get sued.
The SEC has held him more accountable than the share holders
There's an old tweet that explains it well, I'm sure you've seen it.
(Paraphrased) "Elon Musk talked about cars. I don't know anything about cars so when people said he was a genius, I figured he must be a genius"
Investors don't know shit about the stuff they're investing in and Musk sounds really smart when you don't know anything about the thing he's speaking on.
Man, I wish I was a deluded narcissist. Life sounds pretty good for them.
Only if you have enough starting capital to skirt through life without a worry.
For Tesla and SpaceX, they attracted the top engineers because they were cool bleeding edge problems to solve that actually aligned with idealist goals in the industries.
Musk used that genuine motivation and overworked people into burnout, and took credit for others hard work.
Sounds like the apple guy