"If people stop believing that he can actually deliver on those promises, or if they stop believing in Musk himself, those valuations could disappear overnight…Musk is a modern-day Tinkerbell: if enough people stop believing in him, he simply ceases to exist in his current form."
His fortune and empire are more fragile than his IPO’s backers believe
Three investor-protection rules, quietly waived so Elon Musk's SpaceX could fast-track into the indexes anchoring your 401(k). He holds 85% of the voting power. Public shareholders have almost none. thinkbigpicture.substack.com/p/spacex-ipo...
James Ball
Reuters interviewed nine former Tesla data trainers. Some of the people who trained Full Self-Driving reportedly won't ride in a car that's using it.
Well, you can add #HUNGRY to 47 METERS DOWN and KILLER WHALE , so now "Two Girls Go On Vacation & Drink Too Much & Meet a Guy Who Turns Out To Be a Tour Guide & the Next Morning He Takes Them To a Remote Location Where They Are Attacked & Trapped By a Vicious Animal" is officially a subgenre!