704
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 22 Aug 2023
704 points (96.1% liked)
Technology
59583 readers
2430 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Yep, he got Tesla where it was quickly by squeezing everything he could out of the talent that was hired by the original founders. They got a relatively decent car out of it initially (compared to the competition, which was basically just the Nissan Leaf), but now they're probably struggling to retain/find talent to continue running the company and designing new cars.
He also hired people to fudge the fucking numbers. At one point he had more venture capital in pure slush money than the entire US automobile market had in their banks.
There was never any reason for that other than defrauding investors.
The Elongated Muskrat is the weirdest hype beast I’ve ever seen.
He stumbles his way through sentences, has zero confidence when speaking, and ummm and uhhhs like a college freshman doing his first presentation that he prepared the morning of.
And yet, he’s generated billions of dollars in funding based purely off of hype for things that he, by track record, only has about a 10% chance of delivering.
It’s bizarre.
Occasionally, I get video links from people praising how great and visionary Musk is. Then I look at the video, and all I see is a mediocre presentation. He should consider taking a few courses on public speaking. That could make him deliver his ideas more fluently, but at the moment I’m having trouble taking him seriously.
Well, he’s a level three hyper genius. Are you?
I will never buy one, never even thought about it. Two things though, the 1st generation roadster was not anything like a leaf. 2nd, nearly $500,000,000 of the early funding was from the federal government and around $3,200,000,000 from California. Now the new federal bet on Tesla charging stations is around $7,500,000,000. It may have all been worth it to help the car industry need to compete wiith other electric vehicles, but the government could have easily picked a better choice for all that scratch.
I believe the other commenter was saying that initially Tesla’s only competition was lacking (“basically like the Leaf”), not saying that the Tesla product was.
Now that Tesla faces credible competition from other automakers, they face a much steeper challenge to retain their market share.