I am talking government regulatory credits that they get for free and turn around and sell them. Almost made twice as much income as actual vehicle sales income. If the credits go away that’s 2/3 of their income that reporting out of the same bucket. Eventually other auto makers won’t need these when can meet thresholds on their own.
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Elon Musk Reportedly Demanded to Become Apple CEO as Part of Potential Tesla Acquisition [Update: Musk Denies]
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With Elon over half of Apple's products would turn out like AirPower - pre-announced, then turns out it doesn't ship for years if ever.
I don’t understand how that makes any difference. They also thought up an alcubierre drive… but when someone builds one, that will be a big deal.This was envisioned for decades. He just made it happen with taxpayer money using out of work NASA engineers that had been working on it.
He gets billions from our wallets:
Elon Musk's growing empire is fueled by $4.9 billion in government subsidies
Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space.www.latimes.com
So 3 more examples of innovative thinking… that’s your argument? I’m not a musk follower. I don’t watch his keynotes or follow him in any way. However, to say or think the guy isn’t innovative is the peak of ignorance. One guy doing worldwide internet, electric cars, rebuilding spaceflight, and aiming to be on the moon and Mars in 10 years. Give me a break.
Elon Musk, a tech conman? Building Landing Rockets, 1st Private rocket went to space, 1st Private rocket to sent supply and humans to the ISS, 1st car company entered into mass production after nearly 100 years, Person who started the modern space race and Electric Car revolution and did and doing much more.
He is years ahead of competition. Several other car manufactures are actually using Tesla technology (Mercedes, etc).
SpaceX landed a rocket, when NASA with years of experience could not do it. How competition is going to eat Tesla for Lunch is beyond belief.
Cool. My tesla also uses a lot of technology that originated at other car manufacturers, though.
The number of registrations is declining. The hype is over. And the market is much bigger in China, where hardly anyone buys Tesla.
Tesla is not a market leader.
I am curious to see if the market will still open up to new propulsion systems, as some speculate (direct propulsion with hydrogen produced in deserts by solar energy).
That would be real innovation. What Musk is doing: screwing electric motors into cars.
Cook, according to Musk, declined to take the meeting.
Well done, Tim! One always has to keep crazy people at a distance.
Well done, Tim! One always has to keep crazy people at a distance.
YOU ARE MOSTLY RIGHT! Steve Jobs launched numerous groundbreaking product before stepping down as a CEO of Apple in 2011 to underwent rehabilitation.
Conversely, Tim Cook isn't keen on making the best product and that's why there are problems with butterfly keyboards and stagnation. I don't believe Tim Cook cares about breakthrough innovation or possesses the skill to contribute great ideas for Apple products because there are just minor improvements.
Aside from that, many people can remember how ridiculous the price of new 2019 Apple Display that cost 5x more ($5000) that doesn't include a monitor stand. It's a reminder that Tim Cook is no better than Steve Ballmer.
Apple buying NeXT -- that is exactly what happened although, not just NeXT was in financial trouble, Apple was as well.
That said IMO the story is false. For it to be true, both Musk & Cook would have to be lying right now
Tesla just made a billion $$ in profit the last quarter and it came from cars not "government subsidies". Last I checked the two car companies the government bailed out recently were GM & Chrysler.
Musk did get fined by SEC for his "Am considering taking Tesla private at $420. Funding secured." tweet and had to have his tweeting supervised, etc. Any more major punishment, like getting indicted in a criminal trial, you need to be like the Nikola ex-CEO Trevor Milton, who was clearly a fraudster with his fake truck going downhill. I am amazed that GM CEO Barra hasn't gotten into trouble for publicly supporting Nikola.
But yes, it is hard to find a groundbreaking, disruptive CEO/company founder who isn't "weird". The main differences between Jobs and Musk are that Jobs predated the Tweeter age and that Jobs' companies did advertising, while Musk's do not
Not exactly - when FSD launched in 2016 it cost $5,000. As its features have improved the price has gone up. There are countless videos on YouTube demoing the latest beta updates. I love Autopilot and some of the FSD only features like auto lane changing on highways and Summons (having the car drive itself out of your garage without ever going near it).
A good argument can be made that is someone spent $7,000 on FSD hoping to get their money back by turning their Tesla into a Robotaxi by the following year has every right to feel gypped. But I have a feeling that most people who signed up for FSD did it because they were very eager to start using the *existing* features, and feel they are supporting something they would love to keep getting more from, even if it is arriving in "Elon time"
I’m not so sure about Tim Cook Or him being replaced by an acquired CEO, but there’s no question stock buybacks should be illegal