71–80 of 149 posts
He doesn't so much as say it, but show it in his eyes how much the NASA contract meant and how much passion he has.
Public money saved him.
(Also for Viagra... not sure about that one.)
Musk is thinking 8 steps ahead of almost everyone. While Tesla is a huge play with revolutionizing the car world, there are some other parts in play. First, his Gigafactory to produce batteries. When the other big automakers get into the electric car mindset, who are they going to buy batteries from? Musk who owns the single largest and high-tech battery factory (that produces on an enormous scale), or other battery…
That kind of phrasing annoys me deeply, it tries to spin scientific consensus as if it's a disputed issue.
Musk is thinking 8 steps ahead of almost everyone. While Tesla is a huge play with revolutionizing the car world, there are some other parts in play. First, his Gigafactory to produce batteries. When the other big automakers get into the electric car mindset, who are they going to buy batteries from? Musk who owns the single largest and high-tech battery factory (that produces on an enormous scale), or other battery…
Earlier quoted context omitted.
What's amazing is that Tesla has been providing NRE R&D for OTHER automotive companies for years already. Last year, $15 million of their revenue was from development services but as early as 2011, $55 million of revenue (>25%) was from basically doing powertrain design for companies like Toyota and Mercedes. Link to last 10-K: http://www.sec.gov/Archives/edgar/data/1318605/0001193125140... Tesla will definitely make…
The charging network also has a lot of risks associated with it. There are 192 other countries in this world all of whom will be looking to charging standards as opposed to relying on a single American company. This means that some time in the near future Tesla will have to go back and retrofit their cars/stations to meet this standard. Apple's walled garden strategy works because the devices are cheap and relatively…