Forum Discussion

17 Replies

  • pianotuna wrote:
    MDKMKD,

    He has spun his way into being a billionaire.
    Spin? There is actually a small factory now.
  • pianotuna wrote:
    MDKMKD,

    He has spun his way into being a billionaire.


    If you say so, Don.

    He might tell you that he's also an engineer/economist/physicist, and he became a billionaire as one of the founders of PayPal which eBay bought for $1.5B, long before he became the ecclectic, and some would say eccentric, CEO of Tesla and founder of Spacex. The early victories weren't achieved by spin, it was mostly innovative thinking, with some hard work, in the right place, at the right time. The spin started when people like Obama/Gore canonized him for the electric cars thing, about 10 years ago. As the billionaire (Greta Thunberg 1.0), he managed to get all kinds of government handouts. That was the spin part.
  • Tesla has certainly become a very profitable company, but as of late much of Tesla's profit comes from selling regulatory credits, not cars. FCA is spending as much as 2 billion in 2020 and 21 buying regulatory credits from Tesla. As far as a camper van, Ford's eTransit will be on the market in about a year. I don't know if it will be offered in a cab and chassis or just a cargo van.
  • I'd rather have one of those scooters.
    I think Musk usually tells people what they want to hear. He's a PR master spin doctor.