Let’s be real: Elon has mentally checked out of Tesla. His heart and focus is at SpaceX, and long time Tesla holders have watched this slow-motion abandonment happen over the past few years. Just look at the lack of projects/innovation coming out of Tesla, and compare that to what's happening at SpaceX. Innovation has slowed to a crawl at Tesla. Tesla shareholders desperately want in on Elon's next project, and the only way they can protect their investment is if SpaceX buys them out.
SpaceX's president is floating a Tesla merger as the company begins trading
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Re: SpaceX's president is floating a Tesla merger as the company begins trading
#32> There's no question that there are synergies between Tesla and SpaceX in our futures," she said. "There's a convergence of what we're all trying to accomplish in the future." Accomplish a ludicrous valuation above all else?
What do you want? Him to act in the shareholder's interest or something?
Re: SpaceX's president is floating a Tesla merger as the company begins trading
#33It was called here on Hacker News by SilverElfin back in early February (4 months back), and I remember because I agreed: https://news.ycombinator.com/item?id=46863028
Re: SpaceX's president is floating a Tesla merger as the company begins trading
#34Re: SpaceX's president is floating a Tesla merger as the company begins trading
#35> There's no question that there are synergies between Tesla and SpaceX in our futures," she said. "There's a convergence of what we're all trying to accomplish in the future." Accomplish a ludicrous valuation above all else?
Re: SpaceX's president is floating a Tesla merger as the company begins trading
#36Re: SpaceX's president is floating a Tesla merger as the company begins trading
#37So now that Tesla is clearly crashing, fold it into the more successful SpaceX and get to roll the dice again? Classic Elon. This is the same thing that he did to rescue a failing Solar City by making it part of Tesla. It takes a lot to get where Elon is. But it also takes a willingness to double down over and over again on big bets. And he himself will be the first to admit that the most likely outcome of his strate…
Is any more proof needed that if you ride the coat tails of real engineers and have a propensity for screwing other people over that that is what success really is for a lot of people in business?
Just look to the number of huge companies with founding members or integral early members being forced out just as things are getting good ($$$).
Re: SpaceX's president is floating a Tesla merger as the company begins trading
#38Re: SpaceX's president is floating a Tesla merger as the company begins trading
#39It was called here on Hacker News by SilverElfin back in early February (4 months back), and I remember because I agreed: https://news.ycombinator.com/item?id=46863028
People have been talking about this for much longer than four months.
Re: SpaceX's president is floating a Tesla merger as the company begins trading
#40What's the end goal of merging everything into X ?