For a guy who’s been losing money for years, Elon Musk is awfully cocky. From Eric Peters at theburningplatform.com:
When financial analyst Toni Sacconaghi of Sanford C. Bernstein asked Tesla CEO Elon Musk about the money-losing electric car company’s capital requirements going forward (Tesla has burned through – cue Dr. Evil – one billion dollars in three of the last four quarters) Musk replied: “Boring, bonehead questions are not cool. Next?”
Neither man gives a damn about the damage – human or financial – imposed on others. Nor that others are made to pay for it all. They don’t even give lip service to pretending anything they do bothers them in the least. All that matters is the Great Dream – whether it’s “regime change” in some resource-rich country which hasn’t attacked us (a war crime, once upon a time) or this equally demented business of manufacturing electric cars that almost no one would freely buy absent the subsidies and mandates.
The guy is a crony capitalist Rasputin. He bewitches and seduces. Whatever the ersatz Iron Man says is taken as holy writ, not to be questioned.
To continue reading: “Boring… Next”