If Elon is doing things that are illegal or otherwise just boneheaded now, how much leeway does he get? What would it take to make you decide he shouldn't be CEO?
I dont think anybody can argue that he was not succcessful.
Why does "big" == successful? I'm not saying money is the only thing we should ever optimize for, but I'm skeptical that growth is a viable alternative.
Edit: I've edited the first paragraph substantially because I did not accurately understand SpaceX's profitability vs Tesla's.
I mean, Tesla could be profitable if they didn't fund massive amounts of expansion.
> Why does "big" == successful? I'm not saying money is the only thing we should ever optimize for, but I'm skeptical that growth is a viable alternative.
They are optimizing for money. They want more revenue, not more profit.
The question is not if the company is profitable, but rather if each product individually can be profitable.
Their president says they are profitable, and they've claimed that several times over the last few years.[1] However, an expose from the WSJ from 2015 indicated they were quite the opposite then.[2] The Motley Fool suggested in 2017 that SpaceX might be on its way to profitability, but it was still unclear whether they really were or not.[3]
So what I should say is that Tesla is not profitable, and that SpaceX claims profitability, but that the claim is questionable. I'll update my post.
[1] http://www.latimes.com/business/la-fi-spacex-shotwell-201805... [2] https://www.wsj.com/articles/exclusive-peek-at-spacex-data-s... [3] https://www.fool.com/investing/2017/11/11/will-spacex-earn-a...
Äh, yes, Elon has made Tesla successful and he made it into a major car company that is still growth strongly.