It's true that you can have a virtuous cycle this way. I personally
don't think this is the case for him because I listen to most lengthy
contents that he's on, and he clearly has very in depth knowledge of
what his engineers are working on. As a fellow engineer myself I love
listening to his takes and feedback, he's able to show you around a
factory and give anecdotes about the tiniest technical details behind
each component. He works hand in hand with engineering teams at Tesla,
Space X, xAI, unlike other large CEOs who just smoke cigars while
staring at charts at their desks all day (of course it is a ridiculous
exaggeration, but you get the picture). He is objectively amazing in
that regard.
I admit I don't look too much at his life, so maybe there is a part of truth in what you said. However, when a simple word from a man makes a shitcoin skyrocket, then it is difficult not to think that this isn't one of the main factor. People act too much like believers with brands and ceo nowadays.
His companies weren't given free money: they just happen be in key
industries that align with the government's interests (Tesla with energy
transition, Space X with satellite launch technology), he doesn't get
special treatment. Or were you referring to something else?
It doesn't have to be free money to still be socialism for rich. I shall remind you here that you get the RSA in France because you are supposed to look for a job, and the student scholarship because you are supposed to attend your courses. Same applies with his companies. He gets the money because he is supposed to work on electrical vehicles etc. I'm not blaming that and I am actually for some subsidies or even nationalization (EDF in France was much better before, same for SNCF). What I blame here is a double standard: You take the money and see it as an investment when you spend billions, but when Gerard want 600/months, then it's noooo good and a pure waste of money.
To me, that is incoherent and one should apply the same filter to both: Either you refuse it to both, give it to both, or find compensation for the money spent in both case.
While it wasn't a success, I wouldn't go as far as to say it was a
scam from the very beginning. One could argue FSD (full self driving),
the Space X reusable launch system or even Neuralink chips would've been
obvious scams if it wasn't for all the amazing achievements that are
happening. I could be wrong though, I didn't follow this one too
closely.
I didn't check it before its success for SpaceX, so, right, I could have thought the same, that it was a scam. However, the hyperloop smelled fishy when looking the details:
- Already projects like that way before, yet failed (you could say the electrical car is 200 years odl though,
- low pressurisation = energy consuming++, dangerous
- expensiveeven in the infrastructures, worse than trains
- way better alternatives (trains)
More than an obvious scam, Neuralink sounded very dangerous to me, and still does... It brings "cognitive hacking" to a whole new level.
It's not just ideas, it's the ability to turn them into reality. For
example the biggest challenge by far at Tesla was the large scale
manufacturing of cars. Tesla's prime achievement isn't their cars, it's
their giga factories. You need to excel at many things at once - on top
of having a lot of money you're very likely to flush down the toilet -
to succeed in such endeavors.
Well, my bad for limiting it to ideas. My point was mainly to say how important is capital. You can have everything else, but if you don't have the capital, then you do nothing and I think that you somewhat go in that sense when you say that Tesla's biggest achievent is their giga factories. Musk happens to have the capital to do it. eventually the ideas, but for the challenges, I think it's safe to claim that like for Google, IBM, SNCF... the scientific and engineering challenges are solved by a bunch of extremely competent people rather than Musk, or let's say the CEO of Google, Apple (when that other man was alive) etc.
This is our key disagreement: you see him as a merchant, I see him as
a technical genius. The thing is Elon Musk is a notoriously bad public
speaker, he's socially awkward, he doesn't carry himself well. I
understand many people look at him defiantly. When he's in "work mode"
and you listen to him, that's when you realize his true potential. But I
understand the average person isn't the target audience for such
contents. I don't agree with all his takes, but I will at least hear
him.
That's a terrible mistake to say that Musk is, basically, bad at communicating. One of his very strong points in, on the contrary, communication and being a showman. He sure doesn't talk super well and is socially awkward, but, hey, you work on computer, have a social media and are a millenials, how come can you forget one key point: internet? Musk is very very very good on the internet and understands more than many rich people the power of using memes (this man is even active on a meme app I use).
Being able to use internet and its codes makes you better than so many people when it comes to get an aura. If you add to that his other qualities, so that's overcome his problem with public speaking.
Also, by merchant, for me it's not only about communication, but about selling. Musk isn't the man who made the design of SpaceX rockets (well, I heard he asked for some aesthetical elements...), he is the man who funds and sells them.
Now I think you are also contradicting yourself. You said that Musk knows his subject. That implies to be able to talk in a simple way about his projects.
Looks like we might be on the same path. Some of my past certainties have certainly faded!
If you meant that I might become a libertarian in the future, the chances are very slim! I see too many problems with it still, like potential abuses. However, yes, we still have room to improve and learn. Is US is getting much better under the impulse of Musk in his ministry, then I will certainly have to revise my view, just like for Argentina. So let's hope I am wrong!