Family was rich and well connected. He came to first Canada and then US with money. He had an angel investor prior to heading to CA. The one thing he did was Zip2. He sold that and bought into paypal where he made more money.
The below link gives an altered outline of the events at Tesla.
He basically stole Tesla from its founders. Got in because he had money, but also negotiated himself stipulations that he could have input into the design. From there it was easy for him to keep making changes that prevented them from reaching production. When they ran out of money he bought the company and fired the founders. BILLIONAIRES DO THAT SHIT ALL THE TIME. Now, Tesla has only become "successful" because the government is mandating automakers to reach a certain amount of energy credits each year. Since competitors weren't producing EV's yet, they had to buy the credits off Tesla.
And this wasn't a matter of legacy auto being greedy or lazy. It was an issue of having to design and then build the means of production for an entirely different vehicle while simultaneously supporting your core market and workforce. By definition this policy favored Tesla right out of the gate and punished legacy auto manufacturers. Hmmm, I wonder if a billionaire like Elon could have had anything to do with that?
Space X however seems to be not as horrible as everything else and are one of the few co's pushing us back toward the stars. But that is also taxpayer money funding that company.
Ironically Spacex is launching 15,000 low orbit satellites (currently only 5k total) that astronomers are complaining will make observation of the cosmos more difficult.
Musk is being propped up as a good guy. I have a bad feeling.
Musk is NOT a good guy.
Family was rich and well connected. He came to first Canada and then US with money. He had an angel investor prior to heading to CA. The one thing he did was Zip2. He sold that and bought into paypal where he made more money.
The below link gives an altered outline of the events at Tesla.
https://meaww.com/elon-musk-tesla-cofounder-lawsuit-settlement-original-founded-martin-eberhard-origin-story-tesla
He basically stole Tesla from its founders. Got in because he had money, but also negotiated himself stipulations that he could have input into the design. From there it was easy for him to keep making changes that prevented them from reaching production. When they ran out of money he bought the company and fired the founders. BILLIONAIRES DO THAT SHIT ALL THE TIME. Now, Tesla has only become "successful" because the government is mandating automakers to reach a certain amount of energy credits each year. Since competitors weren't producing EV's yet, they had to buy the credits off Tesla.
And this wasn't a matter of legacy auto being greedy or lazy. It was an issue of having to design and then build the means of production for an entirely different vehicle while simultaneously supporting your core market and workforce. By definition this policy favored Tesla right out of the gate and punished legacy auto manufacturers. Hmmm, I wonder if a billionaire like Elon could have had anything to do with that?
Also look up solar city. Huge scam. Awful company. Lot of government contracts. https://www.consumeraffairs.com/solar-energy/solarcity.html
Space X however seems to be not as horrible as everything else and are one of the few co's pushing us back toward the stars. But that is also taxpayer money funding that company.
Okay, I'm done.
Ironically Spacex is launching 15,000 low orbit satellites (currently only 5k total) that astronomers are complaining will make observation of the cosmos more difficult.
Filling the night sky up with more junk.
Recommended reading for anyone that wants to understand Musk and how he operates:
https://www.plainsite.org/realitycheck/tsla.pdf