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0 pointsrbanffy3mo ago0 comments

> Tesla, used in this example, was built by someone who lucked out from a capital perspective (Paypal)

I have the impression Tesla existed before and Musk only took over it later.

> Europe doesn't need a Tesla, they need a BYD. Learn from China,

I completely agree with that. The Chinese model of state-supported industry seems a lot more efficient than the US model where companies compete with each other duplicating effort uncontrollably.

Their election system is also interesting - IIRC a candidate for position N needs to first go into position N-1 and demonstrate some competence. This would make a Donald Trump impossible.

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toomuchtodo3mo ago

Agree that I misspoke about the history of Tesla and it was taken over (commandeered even) by Musk from its founders. Appreciate the loose confirmation of my thesis from someone most likely smarter than me.

ahazred8ta3mo ago

For the first eight months of Tesla's existence it was an empty paper shell with no money, no employees, and no office. Musk funded them, led the board, and laid out the strategic plan.

j / k navigate · click thread line to collapse

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toomuchtodo3mo ago

ahazred8ta3mo ago

For the first eight months of Tesla's existence it was an empty paper shell with no money, no employees, and no office. Musk funded them, led the board, and laid out the strategic plan.

j / k navigate · click thread line to collapse