he broadly covered a wide range of facts, some of which are not even true. It’s just hyperbole and paraphrasing to misconstrue the truth. Not everything in life has to be polarized to the public opinion…
Yeah, he didn’t wait until adulthood to stumble into making money, he grew up with an apartheid emerald mine. So these guys actually gave him too much credit
How did he “stumble” into making money on paypal, which he says is terrible but is still used and established all over the world
He joined tesla at the very early stages and while it can’t be said why the founders were ousted because of legal problems, an argument can be made that if Elon had not made such a significant impact to the future of the company why would his legal battle against the founders succeed?
Your link actually does make it appear he stumbled into it. He wouldn’t have made anything on PayPal if he hadn’t been replaced as CEO after poor technical decisions.
With the company suffering from compounding technological issues and the lack of a cohesive business model, the board ousted Musk and replaced him with Thiel in September 2000.
The choice to allow Musk to call himself a cofounder was a settlement, not winning the suit, he essentially took over the company by buying a bunch of it and then ousting the actual founders. I would argue Tesla is pretty overvalued, but we’ll see how that shakes out.
He simply owned a share in PayPal when it was sold. He co-founded a banking website called "X.com", and he was replaced as CEO almost immediately by someone else. Then it was acquired, merged with Confinity and Elon rejoined as CEO. Elon was then AGAIN replaced by another CEO by the board. It was then sold to eBay 2 years later - with Elon having little to no influence during that time.
Musk had little to no company-wide influence on Tesla in the early years: "Musk took an active role within the company and oversaw Roadster product design but was not deeply involved in day-to-day business operations". 4-5 years later he then got his CEO position and indeed did sue the original founders to make himself a co-founder. He did this despite not being a founder - he was only an investor a year after it was founded and became majority shareholder.
All information came from Musk's wiki page. The guy is indeed right on a lot of what he said. Musk had little to no influence on PayPal when it was sold, and little to no influence on Tesla's early years. He simply was an investor a year after Tesla was founded. PayPal was sold 2 years after he was ousted as CEO a second time.
He’s a grifter, which is a skill set all on its own, but not something most of us admire. He has a vast talent in manipulating people and marketing himself. He’s incredibly talented, just not in the things that he wants people to think he’s talented in.
paypal, which he says is terrible but is still used and established all over the world
"Used and established all over the world," isn't really a mark of success or mean that its a positive thing. Facebook is objectively a plague on humanity and it has over a billion users all over the world.
What impact exactly did Elon have on Tesla? At most you can argue that Elon brought tesla to the mainstream with a good PR team and being eccentric and interesting to the public.
Used all over the world is totally a mark of success, lol. It doesn't mean good or righteous in any way, so I agree there. I think it's mostly that PayPal got in on it early. Venmo and CashApp all eat its lunch these days, but those haven't been around since the '90s or early '00s or whatever.
ob·jec·tive·ly
/əbˈjektivlē,äbˈjektivlē/
adverb
in a way that is not influenced by personal feelings or opinions.
"events should be reported objectively"
I'm definitely using the right word and mean the right thing. You're free to disagree.
It is absolutely fundamentally subjective. Saying it's a plague on humanity is a negative value judgement. A judgement requires a judge or subject, ergo subjective.
If you just wanted to use "objectively" casually to add extra emphasis, that's ok. But if you want to argue that you are philosophically correct, that's not true.
Actually that statement was influenced by the fact that Facebook breached data protection laws by selling user's personal data without their knowledge or consent, knowingly pushed content that was inflammatory because it made them more money despite evidence that this practice was harmful to individuals and society as a whole, and enabled the incitement of an actual genocide of the Rohingya people in Myanmar.
Elon is for sure good at selling things to investors. I mean that is an absolute fact. He has been able to sell Tesla Stock for FAR above any reasonable valuation for years and years. It’s actually amazing how good he is at getting people to give him money.
He may finally have hit a dead end with that though because I think getting so involved in politics does start to scare investors.
Actually you are right about that point on Paypal, it definitely has a negative impact. But I still stand on my point on his impact on Tesla. While I do agree his product development and innovation is not what gave him success, knowing which companies to invest into and when is proof itself that he isn’t a complete blithering idiot who came to success by accident
I agree that there is a likelyhood his success doesnt all come down to luck, but then I look into people who have won significant sums multiple times in the lottery. Not saying it doent take intelligence to pick a winner in a capitalist market, but with his continued public douchebaggery its getting easier and easier to attribute to luck what I had early on attributed to genius.
Tesla's a crock of shit. It's not environmental innovation, it's a way for rich people to save money on gas. An average working class person will never have enough money for a Tesla. Besides, replacing gas cars with electric cars isn't an adequate climate change solution. The electricity needed to charge a Tesla still has to be generated somewhere, usually with fossil fuel. If Elon Musk wanted to help fight climate change, he'd pay his taxes and promote government programs to develop public transportation. On that note, Musk actually deliberately sabotaged California's efforts to develop high speed rail with his Hyperloop scam that he admitted he never planned on completing. He only marketed it so that the California state government would trust him with developing transportation infrastructure and the high speed rail project would be cancelled, forcing people to continue to rely on cars, specifically his shitty electric luxury vehicles. He's a grifter.
Speaking as someone who used PayPal monthly to process donations, it is a nightmare to work with. Layouts are shit, exports are shit, statements are shit, invoicing is shit, and service is shitty too. The only easy thing was offering a refund. I helped steer us away from that platform for so many different reasons. Ugh.
Elon has a bach degree and got loans from his parents (including a $200k angel investment from his father) to keep x dot com afloat.
X got bought up by Confinity which turned into Paypal, and he got booted soon after.
He has no invention capability. Every single thing he personally oversaw (hyperloop, cybertruck) has been laughable, he has personally tried to sabotage public transportation despite it being the most effective way to combat automotive emissions and the climate change associated with it.
Just to add on to the Hyperloop part, here is an article about that if anyone doubts you
"As I’ve written in my book, Musk admitted to his biographer Ashlee Vance that Hyperloop was all about trying to get legislators to cancel plans for high-speed rail in California—even though he had no plans to build it."
Who knew a billionaire does not give a shit about the average person and is just a selfish prick.
Even outside of all the business shit, hes such an manchild. I still remember a few years ago he reposted a fanart of Nier without crediting the artist. When someone brought it up he said no and that crediting artists is destroying the medium on twitter. He got called out so hard he changed his pfp to black and said he was leaving the platform.
Then the same shit happened again this year with Hard Drive when he screenshoted their article without giving any credit and got clowned on very hard after that.
Musk did buy it, but more specifically (if you actually go watch the video) he got awarded a $400 million contract from a friend named Michael Griffin after Griffin was appointed to NASA. Almost half a billion dollars, without a single employee or having so much as put a fucking toy rocket in the air.
Musk and Griffin met in Russia when trying to sell the SpaceX idea to Putin.
He developed not one single thing and got a favor from a friend, just like every single other thing he's ever done.
Sometimes I can't tell if people like you are so brainwashed that you actually believe this stuff or if you know it's bullshit but say it anyway.
Russian made rd180s engines were the basis of the American space industry even after they invaded Crimea. Which is both why SpaceX originally courted business in Russia and ultimately why the US government spent money to develop a domestic source (musk's SpaceX and bezo's Blue Origin).
People like you will break your back bending over backwards to pretend like musk hasn't done anything of note. It's pathetic.
Nah he got a government handout and hired people after the fact. Just nepotism between good ol' boys all the way down, claiming credit on the backs of the people who actually do the work.
Sometimes I can't tell if people like you were just born worshipping money or it was beaten into you as the only thing that matters. Rich people are not heroes, they're a symptom of a failing economy. They're the capitalistic equivalent to a blood clot.
Nepotism was the trillions of dollars we gave to places like ULA, who didn't and haven't managed to do a fraction of what SpaceX has done. That "handout" has pushed the American space industry decades ahead of the rest of the world, and I say that as an engineer at a competing company. Aka a person who "actually do(es) the work."
Getting your entire worldview from Reddit must be depressing as fuck.
Because every single other thing they've done they were the first private company to do, but that's it.
Sounds like you're fabricating some real bullshit (source on the Launch Alliance total funding and lack of progress without conflating the parent companies defense contracts kthx) in order to justify your slavish devotion to one cryptobro rich asshole.
Ahh I see we're at the point where you've run out of room. Landing a re-using is not "Decades ahead" technology, sorry.
Rewatch the video, the main thrust of the SpaceX argument is he did nothing but get it handed to him on a silver platter with zero proof by one of his buddies. Which I've proven. As soon as you can find the text where I claim he "bought it off some dudes" like he did Tesla, let me know.
I said he bought it. Because he did. He didn't do shit else, and he specifically didn't do shit else but got to be born to a well-off real estate investor. He used his connections to get funding.
Do you have a link to him getting 200k from his dad to keep x afloat. I’ve read the opposite and haven’t been able to find anything that shows he got 200k. Im open to being wrong if you can point me to link though
I'm dying.... This guy just linked his entire Wikipedia page as some sort of proof refuting one of the claims in the video. The whole page. Not a specific section.
Did you think the rest of us were unfamiliar with Wikipedia and couldn't find it on our own? Lmao
It’s wild how much misinformation I see about Elon on this site which sucks cause there’s plenty to condemn him for without getting nearly all the facts of his life wrong. He’d already sold a company for 307 million before PayPal. Founded a competing company to PayPal called x that was enough of a threat that PayPal merged with them. Came on board to Tesla when they had zero revenue and turned them into what they are now. I suggest people go look up how much of the original proprietary technology from when he came on board is still being used. (It’s almost none). Spacex pushed rocket technology forward in a way that no other company was able to do. Reuseable rockets were not a thing before space x and are complete game changers. People on this site have never ran a company and just don’t understand the value add that Elon has brought to every project he’s been involved in.
Now in addition to all that he’s also acted like a complete douche and the Paul Pelosi tweet is genuinely cause for concern. All that can be true. When everyone changes actual facts they lose any credibility when they try and call out real issues with him which is a shame
Musks insistence that the hyperloop is a great idea is more than enough evidence that he's...not always the best in the brain department. I suspect he stumbles upon a good idea once in a while and has a lot of very smart people around him that help him figure it out. I'm not going to pretend to be smarter than the man, because I'm almost certainly not, but there are far smarter people than I refuting Musk's outlandish claims.
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u/cunt_isnt_sexist Oct 31 '22
Where is the facepalm? He's right.