The entire Silicon Valley has the shoebutton complex. They think that because they’ve made money in IT and computer science, todays foremost profit centers, it qualifies them to talk about biotech, manufacturing, or energy. It doesn’t and their takes are often terrible.
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You were just saying to Brent Beshore that "efficiency in markets and in value to the customer is driven by survival of the fittest, which means that weak entities need to fall out of the species," which I agree with. None of Musk's businesses make money.
I’m not against losing money not debt. I’m generally anti-bailout. While I overall respect the work Elon does, I don’t support a bailout of any of his businesses. Call me crazy but I bet he gets through this crisis with either spacex or Tesla. Maybe both.
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Never underestimate a man who overestimates himself (Elon!)
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