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The Engineer
Engineering Fields - Engineering Physics - Physics... United States - Member - NY Popular Science - Genetics - Organic Chemistry... Popular Science - Cosmology - New Member Ingeniería en Español - Nuevo Miembro - New Member

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The Successes/Failures of Elon Musk

04/02/2018 11:41 AM

SpaceX is planning on its second launch in a week and the 7th of this year. The launch will be using a used Falcon 9 1st stage booster. The pace of launches is crushing the competition and it's being done at reduced costs.

https://www.wired.com/story/spacex-14-iss-cargo-mission/

Meanwhile, things are getting scary at Tesla. Model 3 production has been plagued by delays. A large negative cash flow, mostly due to the high costs of implementing the Model 3 mass production, is leading to a cash crunch for the company. Recently it's debt rating has been reduced as a result. Also, Tesla's acquisition of Solar City is being contested by Tesla shareholders.

http://www.businessinsider.com/critical-week-tesla-history-debt-stock-2018-4

Elon Musk is undoubtedly a polarizing individual. He sets large goals and often misses them. It's also true however that sometimes he achieves what others deem impossible. Watching Tesla struggle even as SpaceX thrives creates mixed feelings for both supporters and those who think he's a charlatan. It will be interesting to see how the next few years pan out.

I myself am impressed with Elon Musk and would like to see him succeed. However, I do feel like he's a guy who just keeps doubling down, even after success. I'm worried it will eventually catch up with him on both companies. I hope I'm wrong.

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Guru

Join Date: Oct 2008
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#1

Re: The Successes/Failures of Elon Musk

04/03/2018 12:16 AM

Seems to me that he's just a modern day Morgan, Getty, Carnegie, Vanderbilt, etc.

He's willing to roll the dice, winner take all.

I thought he was just a blow hard too, until he followed up with at least initial successes.

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Guru

Join Date: Mar 2007
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#2

Re: The Successes/Failures of Elon Musk

04/03/2018 9:28 PM

17k Tesla's sold first 3 mos..... between the x, s and 3....This guy starts at the top and stays there....amazing effort...

..." Model 3: 5,000 cars produced each week by the end of the second quarter. Model S and X: 100,000 deliveries in 2018. Tesla foresees a rapid increase in production this quarter."...

https://www.bloomberg.com/news/articles/2018-04-03/tesla-s-model-3-is-the-best-selling-electric-car-in-the-u-s

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Power-User

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#3

Re: The Successes/Failures of Elon Musk

04/06/2018 4:54 AM

Got to admit Space-X is heart- warming to watch and i hope he succeeds in all good things.

I interpret him to be a positive sincere personality to the point where he wears his heart on his sleeve , and there is nothing wrong with sincerity !

Efficiency comparison.

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