Let me rephrase that a bitEnlighten me.
Apple has over $175b cash in the bank and Tesla is a publically traded company.
Apple has over $175b cash in the bank and Tesla is a vacuum cleaner on wheels
Let me rephrase that a bitEnlighten me.
Apple has over $175b cash in the bank and Tesla is a publically traded company.
Apple has over $175b cash in the bank and Tesla is a vacuum cleaner on wheels
Except Musk is very much like Jobs. Taking jabs, soft and hard, at the competition. Even slams. Too bad he slammed employees. That's a bit un-sportsman-like. Anyway, should be interesting.Reminds me of what Balmer said about the iPhone…
They actually can't. It would require $40-50B. Most of Apple's cash is outside the US. Repatriating it would require paying a 35% tax first. Theoretically yes, but practically, no.
SpaceX is like pure Wright brothers stuff.
...I rather have our brightest minds working on...
No, it isn't. SpaceX is funded by NASA and Air Force contracts and to date has only repeated and perhaps refined what other people have been doing for half a century. They may yet go on to bigger things, but so far nothing they have done compares to the fundamental leaps made by the Wrights, who self-funded their principle accomplishments.
I respect what SpaceX has accomplished, but let's not devalue history with unjustifiable hyperbole.
I respect what SpaceX has accomplished, but let's not devalue history with unjustifiable hyperbole.
However, Musk cautions that cars are far more complex than smartphones and smartwatches.
The Top Gear test was done on the Roadster many years ago and was completely rigged.
I do agree with you in some regards, however most technological advancements are built on the backs of others.
also,
Nasa and the DOD are customers, Not funders.
The initial investments came from Musk personally to the tune of $100million USD.
https://en.wikipedia.org/wiki/SpaceX
"SpaceX, the space exploration startup helmed by ex-PayPal founder Elon Musk, has confirmed that it has raised $1 billion in new funding, in a round including Google and Fidelity, who join existing investors Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn.Jan 20, 2015"
http://techcrunch.com/2015/01/20/spacex-raises-1-billion-in-new-funding-from-google-and-fidelity/
I do agree with you in some regards, however most technological advancements are built on the backs of others.
also,
Nasa and the DOD are customers, Not funders.
The initial investments came from Musk personally to the tune of $100million USD.
https://en.wikipedia.org/wiki/SpaceX
"SpaceX, the space exploration startup helmed by ex-PayPal founder Elon Musk, has confirmed that it has raised $1 billion in new funding, in a round including Google and Fidelity, who join existing investors Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn.Jan 20, 2015"
http://techcrunch.com/2015/01/20/spacex-raises-1-billion-in-new-funding-from-google-and-fidelity/
Why does every &$)/@!? Apple product have to change the world?
I can't understand why Apple wants to make cars when they can already make a mothership UFO.I'm sorry but Elon is spot on. Apple is an entertainment company now - one which does entertainment very, very well. But a car company? Don't bet on it.
Benefit how? by using toxic batteries that are difficult to recycle? or by making a 3 ton cars that needs 20x the energy to move at 500bhp?Let’s be real, fanboys (Note: I’m one of you, too). Elon Musk’s companies are designing products that are going to benefit humankind in real ways. Considering how most people use them, Apple’s products are pricey toys. Sure, consumer electronics can aid the learning-challenged, enable artists to reach global audiences, and now monitor health markers but none of these benefits were Apple inventions. Mostly, people use these potentially powerful gadgets for entertainment, socializing and frivolous tasks (I’m talking to you, you selfie-posting narcissist). I rather have our brightest minds working on space exploration, healthcare, and energy resources than another camera or video game.
His business seems to go where government subsidies exist. Let's see what happens when the subsidies dry up. Not turning a profit yet? Let's see that company stand without our tax dollars. All that to build some expensive cars.
Benefit how? by using toxic batteries that are difficult to recycle? or by making a 3 ton cars that needs 20x the energy to move at 500bhp?
Where do you think this energy comes from?
He does not even do rocket science. He simply launches old rockets built with 1960 science. Much like any twelve year old does with model rockets.
And most of that investment was made on the prospect of profits expected to be earned largely from said government contracts. Details aside, SpaceX has been created largely on the basis of government funding, which as I said is NOT comparable to the history of the Wrights.
Read what I said - SpaceX deserves respect for the impressive things they have done, but they have done nothing that deserves comparison to the what the Wright brothers did. Very few people have. Trying to force such a comparison is an activity for fanboys.
Reminds me of what Balmer said about the iPhone…
This somehow really sounds familiar. Only, last time I heard such words it was about a obscure devices called "iPhone" and they were spoken by a guy called Steve Ballmer…
Is it true? Did Apple "hire away" engineers from Tesla or were those engineers fired and Apple simply scooped them up?Musk wouldn't be talking **** if he wasn't concerned about Apple's potential car. Makes me think he might know something that the rest of us don't about Apple's plans.