Re:Tesla Q1 2020 Update
by TeMPOraL on Thursday April 30, 2020 @04:34AM
(#23028738)
I think it's very helpful that Musk has an actual goal to achieve with his companies, that isn't "raking in tons of money" or "seeing the stocks soar". Most companies seem to be the real-world equivalent of clicker games. Do $whatever to make money. Use that money to do $whatever faster and better to make money. Ad infinitum. What that $whatever is is immaterial.
I sometimes call these "toilet paper companies", i.e. companies that would happily pivot from whatever they're doing into selling toilet paper if they could make more money with it. But with TP being a quite sensitive topic these days, I guess I'll need to find a better analogy.
I sometimes call these "toilet paper companies", i.e. companies that would happily pivot from whatever they're doing into selling toilet paper if they could make more money with it. But with TP being a quite sensitive topic these days, I guess I'll need to find a better analogy.