News for hackers. Stuff that matters.

A comment on What's going on with Google robotics?. Parent comment

Re:What's going on with Google robotics? by trevyn on Tuesday November 10, 2015 @09:00PM (#10544311)
Do you have a specific source for "threat of poverty in order to innovate", or are you just referring to his large investments in his companies?
[ Parent | on HN ]
Re:What's going on with Google robotics? by jdross on Tuesday November 10, 2015 @09:16PM (#10544370)
“About four months ago, I ran out of cash,” Elon Musk, 2010

http://dealbook.nytimes.com/2010/06/22/sorkin-elon-musk-of-p...

There are many other sources, and later interviews where he discusses this time of his life.

[ Parent | on HN ]
Re:What's going on with Google robotics? by trevyn on Tuesday November 10, 2015 @09:44PM (#10544488)
Interesting, but this is a period where he merely had a liquidity problem, not a lack of assets.
[ Parent | on HN ]
Re:What's going on with Google robotics? by frisco on Tuesday November 10, 2015 @10:11PM (#10544598)
At the time, those were very questionable assets. We don't remember how close both Tesla and SpaceX came to failing. Had those not worked out, Elon really would have lost all his money.
[ Parent | on HN ]