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Elon Musk's finances

economist.com

1–10 of 91 posts

Re: Elon Musk's finances

#2
The whole article is failing to point out the biggest risks that the clean-tech companies are fighting against: global warming and lung cancer. Even though all older car companies have the ability right now to take a huge financial and PR risk, they're still not talking about the damage car emissions cause.

Tesla is the first company that convinced me to buy a new car instead of an 8 year old one, as I didn't see enough difference between the new and old cars before (except the price).

Re: Elon Musk's finances

#3
I guess the whole thing hinges on Tesla producing and selling a lot of cars. Succeed and they are good, fail and it collapses. Best of luck to them.

Re: Elon Musk's finances

#4
post #2

The whole article is failing to point out the biggest risks that the clean-tech companies are fighting against: global warming and lung cancer. Even though all older car companies have the ability right now to take a huge financial and PR risk, they're still not talking about the damage car emissions cause. Tesla is the first company that convinced me to buy a new car instead of an 8 year old one, as I didn't see eno…

Most of the environmental impact of a car is in its manufacturing, so global warming is made worse by Tesla selling more cars instead of people buying older ones.

Re: Elon Musk's finances

#5
The $400m cash flow from pre-orders is an example of it being easier to tackle hard problems than easy ones.

A lot of people would rather risk money in Tesla then make money investing in a bank or an oil company.

Re: Elon Musk's finances

#6
post #4
post #2

The whole article is failing to point out the biggest risks that the clean-tech companies are fighting against: global warming and lung cancer. Even though all older car companies have the ability right now to take a huge financial and PR risk, they're still not talking about the damage car emissions cause. Tesla is the first company that convinced me to buy a new car instead of an 8 year old one, as I didn't see eno…

Most of the environmental impact of a car is in its manufacturing, so global warming is made worse by Tesla selling more cars instead of people buying older ones.

> Most of the environmental impact of a car is in its manufacturing

Do you have a reference for this?

Re: Elon Musk's finances

#7
post #4
post #2

The whole article is failing to point out the biggest risks that the clean-tech companies are fighting against: global warming and lung cancer. Even though all older car companies have the ability right now to take a huge financial and PR risk, they're still not talking about the damage car emissions cause. Tesla is the first company that convinced me to buy a new car instead of an 8 year old one, as I didn't see eno…

Most of the environmental impact of a car is in its manufacturing, so global warming is made worse by Tesla selling more cars instead of people buying older ones.

Source?

Re: Elon Musk's finances

#8
post #4
post #2

The whole article is failing to point out the biggest risks that the clean-tech companies are fighting against: global warming and lung cancer. Even though all older car companies have the ability right now to take a huge financial and PR risk, they're still not talking about the damage car emissions cause. Tesla is the first company that convinced me to buy a new car instead of an 8 year old one, as I didn't see eno…

Most of the environmental impact of a car is in its manufacturing, so global warming is made worse by Tesla selling more cars instead of people buying older ones.

Tesla aims to make their cars last 10 times longer than the average gasoline car. There are less things that can go wrong with an electric car.

They are creating ways to increase utility on each car. Less people will need their own car.

Edit: I should clarify. Tesla is aiming to make their drive trains last 1m miles. Most car companies don't offer extended warranty past 100k miles. Normal car companies want you to buy a new car at that point.

https://electrek.co/2015/11/04/musk-we-want-drive-units-that...

Re: Elon Musk's finances

#9
post #4
post #2

The whole article is failing to point out the biggest risks that the clean-tech companies are fighting against: global warming and lung cancer. Even though all older car companies have the ability right now to take a huge financial and PR risk, they're still not talking about the damage car emissions cause. Tesla is the first company that convinced me to buy a new car instead of an 8 year old one, as I didn't see eno…

Most of the environmental impact of a car is in its manufacturing, so global warming is made worse by Tesla selling more cars instead of people buying older ones.

True, but it's easier to fix those causes. It's a lot harder to take the millions of ICE cars off the road then it is to cleanup the environmental impact of a lithium mine.

Re: Elon Musk's finances

#10
post #4

Earlier quoted context omitted.

Most of the environmental impact of a car is in its manufacturing, so global warming is made worse by Tesla selling more cars instead of people buying older ones.

> Most of the environmental impact of a car is in its manufacturing Do you have a reference for this?

https://www.theguardian.com/environment/green-living-blog/20...
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