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Onix
2018/08/13
(Mon)
15:34:52
No.
8041
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>>8039
Even his iconic Tesla car makes no profit and other projects are doing even worse than in terms of income
Projects like Hyperloop, an expedition to Mars, using rockets to transport people between continents, are plain stupidity in terms of business perspective.
other less obviously absurd projects can be attributed to the high-risk area, but Elon does to tell that to his investors, they have no clue that all his work on developing new improved batteries solar cells and other stuff is pretty low success probability.
also even if some of those projects will eventually succeed there will be nowhere near that much profit as expenses.
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