Re: Musk, the new Jobs?
I'm a moderate fan of Tesla, the car, a doubter of Tesla's, the company, financials and an opponent of excessive electric car fiscal carrots.
Got to admire Musk for his real entrepreneurial spirit and often putting his money where his mouth his. The conventional wisdom was always against the Model 3 and the financial engineering only seem to have confirmed this. The initial Tesla's were based on getting a Toyota car plant cheaply and the subsidies continuing to flow. This was always going to be difficult to repeat for the mass market.
Still I suspect it's a win-win for Musk even if it fails: he'll easily be able to sell Tesla to another manufacturer, though I suspect some investors might well find themselves out of pocket.
And he's bound to be back with another idea. Might be more shit like hyperloop but could also be something magical and revolutionary and personally I'd rather see a hundred more Teslas than another Facebook.
Biting the hand that feeds IT
