Jackinnj, thank you for posting.
WSJ stands for an average Joe, the tax payer and against the rich guy - apparently lonely Tesla buyer? Hard to swallow that one. Anyhow, if an average taxpayer has a choice (not the case) where his money is going, I am sure great majority would rather invest in renewable and alternative sources, including Musk's projects, than support unjust oil wars. Talking about cost to the taxpayer from the last one, would be something with more substance. Unfortunately that would make, lets say rather unhappy, sponsors of this article.
+1 - thanks. I am from India and we see easily how to use less energy for everything ... of course the overpopulation of India is a separate problem though.
Now, I have a new word I made up for Elon Musk and the "disruptive technology purveyors" like him.
They are "Versionaries". They want the rest of us to live in their version of the world. AKA, they'll version us - like this -
Take Apple ... they dont care so much about you. You're just using i Phone version 4, not 6, you're not as important ... and you have now been versioned ... LOL.
Cool.
Srinath.
Political posts removed. Don't make more work for me or I'll get grumpy. You do not want me to be grumpy.
in 2002 Apple had 800x lower market valuation than Microsoft. Today, Apple is 3x bigger. Think about how is something like that possible in 13 years. Think about what it takes to go from 800 times lower to 3 times higher. Those kind of market disruption do not take place by average common man.
Nikola Tesla, completely unknown Serbian scientist took on Edison in the second part of 19th century when Edison had complete market ownership and won. Elon Musk is taking on current establishment seemingly invincible.
Those kind of visionaries create a lots of enemies, as what they are disrupting is way too big to even think about. Sure adversaries will fight. Edison electrocuted live dogs in front of crowd on the streets of New York to prove that Tesla's AC is so deadly and dangerous. Many now cannot stand Apple, due to its success, but keep in mind they succeed creating market that did not exist before - they invented it. At the time, Michael Dell stated that Apple will do the best to close the shop and return money to its share holders. Anyone lately heard about Michael Dell?
Why do you need to have a middle man to sell cars? Why not do it on your own to make it less expensive? What is wrong with that? Sure different concept, but why not if we are all standing for market forces and competition? When NJ Governor prevents Tesla of selling their cars in its state, you know it hurts and Tesla is winning. The fact that Tesla now costs what its costs, means only that they cannot provide competitive financing, not that they are more expensive or geared to the rich only. Mercedes and BMW in US are less expensive from many other manufactures since they sell more and have much better financing available. So you have a situation to pay less for more cars due to the available financing. Just the fact that Teslas are selling and finding their own space is a success on its own. Lets see what happens when they introduce half priced model from current one. Lets see how game will change due to a much higher numbers of sold cars. See how their top model will become more affordable and competitive and not only "geared to rich". The game is just about to really start.
I would watch and follow Musk as one of the great success stories of our time. A critical person would question and investigate questioning of Musk, why and where it is coming from. There is always a reason for it. But that is just me.
jackinnj,
I will highly avoid debating stock market predictions with you. It is your territory ;-) Photography might be something we could have more relaxed conversation, haha.
On another note, what's with the weather in NYC? Man it is cold and wet today. Visiting daughter from not ever hot Bay area, expected something different. After all warning of humidity and heat, I got all that storming since yesterday. Hoping to clear up for the weekend... will be taking our small group to Hamptons - Montauk. Any suggestion what not to miss to visit or see on the way over there? I believe Tesla's Wardenclyffe lab might be somewhere on the way there or I am wrong?
At one time Microsoft was the upstart going against IBM ... and then microsoft became the behemoth ...
Nickolae Tesla died penniless in a decrepit hotel room ... and Elon Musk is no Tesla, Musk is a merchandiser, Tesla was a genius who could not string 2 words together to make a politician understand ...
And eliminating the middle man - I love it, let Ford, GM and Honda have the same option ... and while you are at it, same with the legacy burdens too.
Musk is at best a wealthy marketer of not superior and incomplete ideas that work only if you "eliminate regulations, middle man, govt red tape" and uses research paid for by the american tax payer years ago. Hand the same opportunity to everyone else. GE, GM, Ford, Virgin just to name a few and see how it unrolls.
Cool.
Srinath.
That is a bit misleading. M$ was a developer for the then new personal computer and then got a leg up selling an OS (that they has aquired) to IBM to jumpstart PCs in business. After the PC was cloned M$ went ballistic.
dave
Contrary to your opinion , they must be getting something right (10^7-8!$ investments).
Or , influencing on a smaller scale - specialists ... Who will get it right for them.
I read from the mouth of Elon's ex wife. That he had the resolve of a
"terminator" and would not give up on getting someone on the team.
He would even lie about the "pluses" , anything to get those results.
I did not read Jobs book , but he was also very goal oriented.
This why I mentioned the incompatibility of discussing Elon and why
I group him with Jobs (Tech-politicians).
PS - Bill Gates is not much of a speaker , but changed the world.
Gates is a better man.
Or , influencing on a smaller scale - specialists ... Who will get it right for them.
I read from the mouth of Elon's ex wife. That he had the resolve of a
"terminator" and would not give up on getting someone on the team.
He would even lie about the "pluses" , anything to get those results.
I did not read Jobs book , but he was also very goal oriented.
This why I mentioned the incompatibility of discussing Elon and why
I group him with Jobs (Tech-politicians).
PS - Bill Gates is not much of a speaker , but changed the world.
Gates is a better man.
"goal oriented" nice one
same as Jobs he wasn't a nice guy to work with
ex wives and ex-employees stories , well its a data point
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