undefined | Better HN

0 pointsFredPret2y ago0 comments

It's wild that you think he had no positive input with any of his successful technical startups.

Have you considered that x.com might have been an impulse buy (at the market rate, I might add). He could set $40b on fire and still be one of the richest people in history.

I also don't get the hate around that site - it's still very much up and running.

Maybe this site hates him because he trimmed a ton of fat in Twitter's engineering department. Maybe people on the left hate him because he's living proof that some people are just competent. People on the right used to hate him because he's anti-oil. Maybe the tallest trees just catch the most wind.

0 comments

kaba02y ago

How do you know if any of the startups succeeded because of/irrespective/or despite him?

Just as a fact: his only technical contribution to teslas is the design of the goddamn rearview mirror. There are plenty of (unconfirmed) accounts of having to deliberately present information to elon a certain way so he will accept the decision made by the experts, which while I don’t know how true, seems surprisingly plausible, given his personality.

Also, being the richest person doesn’t mean that $40b in immediate hard cash is not a big hit. Most of this evaluation is very transient, e.g. the evaluation of tesla shares (which are very overvalued right now — is it really worth more than all the top 3 car companies together? When they sell orderS of magnitude more cars?)

There are plenty of “fans” of him here, as this libertarian view is quite popular among the startup community. With all due respect, this “on the left” comment is just braindead.

FredPretOP2y ago

sigh

> Just as a fact: his only technical contribution to teslas is the design of the goddamn rearview mirror. There are plenty of (unconfirmed) accounts of having to deliberately present information to elon a certain way so he will accept the decision made by the experts, which while I don’t know how true, seems surprisingly plausible, given his personality.

First of all, how do you know this. Where you a fly on the wall for the entire life of Tesla Inc? This is supremely implausible.

Second, why are you willing to believe that good decisions can be made by "the experts", but if it's a rich, brash person you don't like, they can't possibly be "an expert"?

> Also, being the richest person doesn’t mean that $40b in immediate hard cash is not a big hit. Most of this evaluation is very transient, e.g. the evaluation of tesla shares

He didn't even buy the whole thing himself; he has partners in it with him.

> (which are very overvalued right now — is it really worth more than all the top 3 car companies together? When they sell orderS of magnitude more cars?)

Tesla might be overvalued, but selling "orders of magnitude more cars" is actually a drawback if you can't do so profitably.

GM: revenue 165b, profit 10.5b (https://valustox.com/GM)

Tesla: revenue 92b, profit 10.2b (https://valustox.com/TSLA)

Ford: revenue 165b, profit 4.3b (https://valustox.com/F)

They may well be worth more than the others given that they're positioned for much better future growth.

I'll just let your last comment stand on it's own merit.

kaba02y ago

> first of all

This is his only patent.

> Second, why are you willing to believe that good decisions can be made by "the experts", but if it's a rich, brash person you don't like, they can't possibly be "an expert"?

This is not an american movie where the boss can change the tide of the whole company by just being so damn good. Reality is also not about CEOs bullshitting why are they so productive with their yoga-10min sleep-whatever diet, working 40 hours in 24. Both tesla and spacex require actual hard engineering knowledge and experience, which elon thoroughly lacks. Like, even if he would be super-human intelligent, these are (and most fields are like this) so specialized, that he couldn’t contribute in a useful manner. Let alone with his actual capabilities, which are thoroughly lacking.

FredPretOP2y ago

It's like you're making my points for me.

- Have you interviewed Elon? You have great insight into his "actual" capabilities, as well as his "actual engineering knowledge and experience", not to mention his sleep schedule.

- Do you think there's no value in technical leadership?

- Why do you think progress can be made by many correct decisions at the detailed level made by many engineers, but not by a few correct decisions at the high level made by an engineering leader?

- Do you honestly, honestly believe the only thing he contributed to was the rear-view mirror because that's his only patent?

(by the way, that's exactly the kind of joke that he would love)

- Has it occurred to you that he did not file a patent application for every single thing he did?

- Or that he certainly had a directing influence in almost every aspect of those cars?

- Or that his main contribution is creating the business and factory system that makes the cars?

There's a lot to criticize about this man, and all other people who do things on a big scale, but it really looks like 99.9% of the criticism is just mindless, directionless hate.

1 more reply

j / k navigate · click thread line to collapse

0 comments

kaba02y ago

How do you know if any of the startups succeeded because of/irrespective/or despite him?

There are plenty of “fans” of him here, as this libertarian view is quite popular among the startup community. With all due respect, this “on the left” comment is just braindead.

FredPretOP2y ago

sigh

First of all, how do you know this. Where you a fly on the wall for the entire life of Tesla Inc? This is supremely implausible.

Second, why are you willing to believe that good decisions can be made by "the experts", but if it's a rich, brash person you don't like, they can't possibly be "an expert"?

> Also, being the richest person doesn’t mean that $40b in immediate hard cash is not a big hit. Most of this evaluation is very transient, e.g. the evaluation of tesla shares

He didn't even buy the whole thing himself; he has partners in it with him.

> (which are very overvalued right now — is it really worth more than all the top 3 car companies together? When they sell orderS of magnitude more cars?)

Tesla might be overvalued, but selling "orders of magnitude more cars" is actually a drawback if you can't do so profitably.

GM: revenue 165b, profit 10.5b (https://valustox.com/GM)

Tesla: revenue 92b, profit 10.2b (https://valustox.com/TSLA)

Ford: revenue 165b, profit 4.3b (https://valustox.com/F)

They may well be worth more than the others given that they're positioned for much better future growth.

I'll just let your last comment stand on it's own merit.

kaba02y ago

> first of all

This is his only patent.

> Second, why are you willing to believe that good decisions can be made by "the experts", but if it's a rich, brash person you don't like, they can't possibly be "an expert"?

FredPretOP2y ago

It's like you're making my points for me.

- Have you interviewed Elon? You have great insight into his "actual" capabilities, as well as his "actual engineering knowledge and experience", not to mention his sleep schedule.

- Do you think there's no value in technical leadership?

- Why do you think progress can be made by many correct decisions at the detailed level made by many engineers, but not by a few correct decisions at the high level made by an engineering leader?

- Do you honestly, honestly believe the only thing he contributed to was the rear-view mirror because that's his only patent?

(by the way, that's exactly the kind of joke that he would love)

- Has it occurred to you that he did not file a patent application for every single thing he did?

- Or that he certainly had a directing influence in almost every aspect of those cars?

- Or that his main contribution is creating the business and factory system that makes the cars?

There's a lot to criticize about this man, and all other people who do things on a big scale, but it really looks like 99.9% of the criticism is just mindless, directionless hate.

1 more reply

j / k navigate · click thread line to collapse