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Old 03-30-2014, 05:11 PM   #1
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Elon Musk on 60 Minutes

Jesus dude is a titan. Blows away Jobs and Gates. Not sure who in history is a comparable in business/technology/industry. Henry Ford maybe but he was such a racist kook it's hard to call him a visionary.
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Old 03-30-2014, 05:46 PM   #2
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People like Musk are the ones that advance humanity, I agree with that. The guy is a bit crazy in his vision, it is impossible for him to maintain a marriage because of it.
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Old 03-30-2014, 05:47 PM   #3
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The guy comes across as a bit of a good natured wise-ass. Interesting man.
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Old 03-30-2014, 05:49 PM   #4
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The guy comes across as a bit of a good natured wise-ass. Interesting man.
He is, laughed at Richard Branson's space attempt, calling it that he's more interested in just taking people into orbit while Musk is interested in Mars.
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Old 03-30-2014, 05:56 PM   #5
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sounds like another rich boy who bought his way into a company and comes up with all these great ideas of which he has nothing to do with the know-how and technology of implementing them.
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Old 03-30-2014, 06:05 PM   #6
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Henry Ford maybe but he was such a racist kook it's hard to call him a visionary.
How is being racist or not relevant to being business visionary?
Plus he was a democrat, so he couldn't have been so bad, huh?
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Old 03-30-2014, 06:07 PM   #7
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He is, laughed at Richard Branson's space attempt, calling it that he's more interested in just taking people into orbit while Musk is interested in Mars.
Is Virgin Galactic planning to put people into orbit ? I thought they were just going to fly suborbital flights ?
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Old 03-30-2014, 06:09 PM   #8
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Is Virgin Galactic planning to put people into orbit ? I thought they were just going to fly suborbital flights ?
You're right, which doesn't even really compare to Musk.

Musk is a bit of a work and study freak. Unlike Branson who is a really good business man Musk has a very deep understanding of science and technology.

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Old 03-30-2014, 06:16 PM   #9
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sounds like another rich boy who bought his way into a company and comes up with all these great ideas of which he has nothing to do with the know-how and technology of implementing them.
You should do more research on him. He has been a whiz kid since an early age.
He was a hardcore programmer. Then cashed in on the precursor to paypal.

He is very hands on, and understands the physics behind everything they are building.
Elon Musk is a genius.
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Old 03-30-2014, 06:32 PM   #10
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He is a genius and thank god for people like him who push technology farther.
But wouldn't he help humanity more by creating the technologies and parts and licensing them to car companies rather than trying to create a $100k car most people cant afford?

Now he has to build a $5B factory just to create a cheaper battery, it seems like he's going down a rabbit hole.

Oh and is Tesla profitable?
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Old 03-30-2014, 06:34 PM   #11
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I met him at the AVN convention in 2002 or 2003. He seemed remarkably normal.
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Old 03-30-2014, 06:37 PM   #12
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He is truly bad ass!
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Old 03-30-2014, 06:45 PM   #13
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I met him at the AVN convention in 2002 or 2003. He seemed remarkably normal.
Whats was his stake in adult industry?
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Old 03-30-2014, 06:49 PM   #14
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sounds like another rich boy who bought his way into a company and comes up with all these great ideas of which he has nothing to do with the know-how and technology of implementing them.
What? He's self made, doesn't come from a lot of money, his mother is Canadian. His father was an engineer and his mother a dietician and model, so upper middle class like millions of other families in the Western world. At 17 against his parents' wishes he moved to Canada and went to Queen's University and studied business for 2 years, he worked on a relative's farm, then to Wharton then onto Stanford to study physics, he left after 2 years. His brother joined him in California and they started a web software business, lived in the office they rented and showered at the YMCA. They started Zip2, a city guide website with e-commerce features that attracted big newspaper clients like the New York Times. He sold that company in 1999 for 300 million.

He then created Paypal and sold it to eBay making himself a young billionaire. Took that money and started the Tesla electric car company. Then SpaceX a private space rocket company. In 2010 he was on the verge of total bankruptcy, says he was close to a nervous breakdown with an inventory of Tesla cars that he couldn't sell and 3 failed rocket launches for SpaceX. The 4th rocket launched successfully and saved the company, both of them probably. NASA immediately entered into a 1.8 billion dollar contract with him.

He's nothing like what you think he is. He's already created the world's first and largest Internet payment system, a revolutionary car company from the ground up, the first new American auto company in 90 years, a space rocket company with NASA as a client, and a rapid transit concept called HyperLoop, plus a solar power technology company with a cousin.

Absolutely incredible.
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Old 03-30-2014, 06:51 PM   #15
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He is a genius and thank god for people like him who push technology farther.
But wouldn't he help humanity more by creating the technologies and parts and licensing them to car companies rather than trying to create a $100k car most people cant afford?
He's doing exactly that at Tesla.
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Old 03-30-2014, 06:56 PM   #16
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He's doing exactly that at Tesla.
creating a $100k car most people cant afford?
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Old 03-30-2014, 06:58 PM   #17
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What I like about this guy is he's not driven by money. Making lots of money to do the things he needs to accomplish is cyclical. At least that's the impression I got. When he was hanging by a thread financially, I'll bet his biggest fear was not being able to innovate.
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Old 03-30-2014, 06:59 PM   #18
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creating a $100k car most people cant afford?
selling his power train and other parts to other car manufacturers.
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Old 03-30-2014, 07:01 PM   #19
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I met him at the AVN convention in 2002 or 2003. He seemed remarkably normal.
It may have been 2004... I found a photo of him, me, and some other folks at the convention but there's no EXIF info in the image so I can't be sure of the date. Funnily enough, we're all wearing Little Gray Guy badges--I used to hand them out liberally at shows. I should put the photo on the cat's website.
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Old 03-30-2014, 07:01 PM   #20
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He is building a 5 billion dollar battery factory in order to bring the price down to $33k targeted for 2015 release for a more affordable version of the cars. Wont be the same as the $100k car of course.
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Old 03-30-2014, 07:15 PM   #21
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What? He's self made, doesn't come from a lot of money, his mother is Canadian. His father was an engineer and his mother a dietician and model, so upper middle class like millions of other families in the Western world. At 17 against his parents' wishes he moved to Canada and went to Queen's University and studied business for 2 years, he worked on a relative's farm, then to Wharton then onto Stanford to study physics, he left after 2 years. His brother joined him in California and they started a web software business, lived in the office they rented and showered at the YMCA. They started Zip2, a city guide website with e-commerce features that attracted big newspaper clients like the New York Times. He sold that company in 1999 for 300 million.

He then created Paypal and sold it to eBay making himself a young billionaire. Took that money and started the Tesla electric car company. Then SpaceX a private space rocket company. In 2010 he was on the verge of total bankruptcy, says he was close to a nervous breakdown with an inventory of Tesla cars that he couldn't sell and 3 failed rocket launches for SpaceX. The 4th rocket launched successfully and saved the company, both of them probably. NASA immediately entered into a 1.8 billion dollar contract with him.

He's nothing like what you think he is. He's already created the world's first and largest Internet payment system, a revolutionary car company from the ground up, the first new American auto company in 90 years, a space rocket company with NASA as a client, and a rapid transit concept called HyperLoop, plus a solar power technology company with a cousin.

Absolutely incredible.
Peasants gonna hate
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Old 03-30-2014, 07:16 PM   #22
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creating a $100k car most people cant afford?
Don't you realize that it takes time to bring technology price down? At first it is expensive and with a time it goes affordable.
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Old 03-30-2014, 07:18 PM   #23
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It may have been 2004... I found a photo of him, me, and some other folks at the convention but there's no EXIF info in the image so I can't be sure of the date. Funnily enough, we're all wearing Little Gray Guy badges--I used to hand them out liberally at shows. I should put the photo on the cat's website.
What was his role in adult industry?
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Old 03-30-2014, 07:18 PM   #24
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Imagine what cars will be like in 10 years:
1. They drive themselves
2. They are electric
Amazing, the future is around the corner



of course by now I thought we'd have flying cars, but I'll take this
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Old 03-30-2014, 07:29 PM   #25
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this is almost as impressive as his entrepreneurial success




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Old 03-30-2014, 07:31 PM   #26
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What was his role in adult industry?
AFAIK, none. He was visiting the show with a mutual friend.
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Old 03-30-2014, 07:38 PM   #27
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Imagine what cars will be like in 10 years:
1. They drive themselves
2. They are electric
Amazing, the future is around the corner
In 10 years most cars won't be

1. Self Driving
2. Electric.
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Old 03-30-2014, 07:59 PM   #28
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In 10 years most cars won't be

1. Self Driving
2. Electric.
The technology is already there for the first one, 2nd one isn't advanced enough to be practical yet. Batteries and recharge infrastructure will get better with time.

Google's self driving cars were completely flawless except for a faulty driver in another car that caused a crash into one.

I would say it's a good 20-30 years before it's common place however, cultural lag and adoption always interferes with this kind of adoption.
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Old 03-30-2014, 08:00 PM   #29
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Holy fuck forget the cars...........he has the most convincing hair transplant I have ever seen. Look at the Paypal pic. The doc should get an award for that.
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Old 03-30-2014, 08:30 PM   #30
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creating a $100k car most people cant afford?
It's the batteries that drive the price way way up. He is in the process of building a new battery factory that will lower costs. On 60 minutes tonight he stated a goal of cars at 1/3 the price of current models.

Plus he's building a nationwide network of charging stations for FREE recharging of batteries.


.

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Old 03-30-2014, 08:34 PM   #31
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Holy fuck forget the cars...........he has the most convincing hair transplant I have ever seen. Look at the Paypal pic. The doc should get an award for that.
You're absolute correct, thats a hell of a rug.
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Old 03-30-2014, 08:51 PM   #32
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You're absolute correct, thats a hell of a rug.
He's got the money. I'm thinning and will no doubt do what he did.
Some breast enhancements do actually look good.
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Old 03-30-2014, 10:33 PM   #33
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There are so many stupid comments in this thread I don't know where to begin. LOL

He's was a lucky investor?
What is he doing at Tesla?

LOL CLOWNS!
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Old 03-30-2014, 10:45 PM   #34
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But wouldn't he help humanity more by creating the technologies and parts and licensing them to car companies rather than trying to create a $100k car most people cant afford?
ACTUALLY....

.. The Telsa starts at $63k, and, most states in the US and provinces in Canada give you a $8000 tax credit which brings it down to a very affordable $55k. In the US, the luxury decked-out version of the Tesla Model S P85 is $86k, or $78k after the tax credit.

And besides that, it costs as low as $4.00 to "fill your tank" when you plug it in at home and charge it at night when electricity is the cheapest. And if you get the super charger option, Fill ups take only 30 minutes, and is completely free. This alone makes the car more affordable than anything at half the cost.

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Now he has to build a $5B factory just to create a cheaper battery,
Well no... instead, he WANTS to build a battery factory in the US. The batteries are an expensive part of the car. Tesla is an American company and by making the batteries here, he hopes to bring the costs down and keep jobs in the US where they belong.

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it seems like he's going down a rabbit hole.
Hmm.. The Tesla is the safest car ever made, that gets insane milage, is sexy, is selling like crazy, is causing other companies to accelerate their own electric car building just to try to keep up, is good for the environment, is high tech, and has the world talking about it. Oh and he also paid back the loan given to him by the US Government as part of the bail out, 4 years ahead of time. What is the rabbit hole you speak of?

I think he's a pretty cool guy, and I drool over every Telsa I see (more and more these days woohoo!). Can't wait to own one...
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Old 03-30-2014, 11:46 PM   #35
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What the rest of the world hates about him: he recreates everything from the ground up. You cannot get a royalty from him because he will come up with a new better design and then license that to you so you pay him a royalty payment. The Tesla car is completely redone to be like no other car. Same with his rocket.

Not only did he completely redesign how to create a car and a rocket, he also did both for a fraction of what others spent. Think about how much time and money has been spent on rockets since WWII.
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Old 03-31-2014, 08:32 AM   #36
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It's one thing to have a vision. It's another to actually execute it. Steve Jobs did both. So far Musk just has a vision. No one uses Tesla's and electric cars are far from being mainstream. Does anyone realky think a 100 year old nearly trillion dollar oil industry is going to allow Musk to succeed?
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Old 03-31-2014, 08:37 AM   #37
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It's one thing to have a vision. It's another to actually execute it. Steve Jobs did both. So far Musk just has a vision. No one uses Tesla's and electric cars are far from being mainstream. Does anyone realky think a 100 year old nearly trillion dollar oil industry is going to allow Musk to succeed?
Sure, they'll pay him NOT to succeed
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Old 03-31-2014, 09:57 AM   #38
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What? He's self made, doesn't come from a lot of money, his mother is Canadian. His father was an engineer and his mother a dietician and model, so upper middle class like millions of other families in the Western world. At 17 against his parents' wishes he moved to Canada and went to Queen's University and studied business for 2 years, he worked on a relative's farm, then to Wharton then onto Stanford to study physics, he left after 2 years. His brother joined him in California and they started a web software business, lived in the office they rented and showered at the YMCA. They started Zip2, a city guide website with e-commerce features that attracted big newspaper clients like the New York Times. He sold that company in 1999 for 300 million.

He then created Paypal and sold it to eBay making himself a young billionaire. Took that money and started the Tesla electric car company. Then SpaceX a private space rocket company. In 2010 he was on the verge of total bankruptcy, says he was close to a nervous breakdown with an inventory of Tesla cars that he couldn't sell and 3 failed rocket launches for SpaceX. The 4th rocket launched successfully and saved the company, both of them probably. NASA immediately entered into a 1.8 billion dollar contract with him.

He's nothing like what you think he is. He's already created the world's first and largest Internet payment system, a revolutionary car company from the ground up, the first new American auto company in 90 years, a space rocket company with NASA as a client, and a rapid transit concept called HyperLoop, plus a solar power technology company with a cousin.

Absolutely incredible.
Totally agree

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He is building a 5 billion dollar battery factory in order to bring the price down to $33k targeted for 2015 release for a more affordable version of the cars. Wont be the same as the $100k car of course.
Quote:
Originally Posted by L-Pink View Post
It's the batteries that drive the price way way up. He is in the process of building a new battery factory that will lower costs. On 60 minutes tonight he stated a goal of cars at 1/3 the price of current models.

Plus he's building a nationwide network of charging stations for FREE recharging of batteries.
You have to admire the balls of this guy!

His desire to build a retail network free from the franchise-dealer monopoly, watching that battle unfold is gonna be fascinating!

I wouldn't wanna bet against him toppling the car dealer monopoly
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Old 03-31-2014, 10:03 AM   #39
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I wouldn't wanna bet against him toppling the car dealer monopoly

New Jersey Bans Tesla

http://www.wired.com/2014/03/tesla-b...keeps-sucking/

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Old 03-31-2014, 10:16 AM   #40
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What the fuck, this is scandalous.....
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Old 03-31-2014, 10:22 AM   #41
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Now he has to build a $5B factory just to create a cheaper battery, it seems like he's going down a rabbit hole.
The battery factory is the equivalent of of Ford or GM building engine factories. Expensive no matter how you look at it.
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Old 03-31-2014, 10:30 AM   #42
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I get he's great and all but the hyperbole in OP's post was hilarious.

"Blows away Jobs and Gates"

Maybe in 10 years IF Tesla really gets off the ground and becomes affordable to the mainstream.(I understand that's what he's trying to do with the new factory)

Also, don't forget that the current auto giants are all each doing R&D and actually producing shit much cooler than shitty ol' electric batteries(BMW w/ Hydrogen, etc.) So the future of Tesla is a lot more tenuous than it may currently seem.

As far as SpaceX, fuck if I have any idea how that will turn out, hopefully well, but who knows what will happen in the next few years.
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Old 03-31-2014, 11:24 AM   #43
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So?

They're the third state to ban direct sales, Arizona and Texas already have the ban.

It's an outdated business model that needs to be replaced

There's a lot at stake here, it's not going to be a breeze in the park

Are they fighting back? Sure they are! but just because you win a battle does not mean you will win the war. He'll have on hell of a battle on his hands with this one but it's going to be interesting watching it play out!
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Old 03-31-2014, 11:33 AM   #44
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The battery factory is the equivalent of of Ford or GM building engine factories. Expensive no matter how you look at it.
It's fucking outstanding!

That level of investment is exactly what battery technology has needed for over a decade!

When they make significant advancements it's going to be fantastic news for a whole range of industries, especially the energy storage industry!
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Old 03-31-2014, 01:47 PM   #45
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The battery factory is the equivalent of of Ford or GM building engine factories. Expensive no matter how you look at it.
But Musk doesn't care. He's trying to achieve something, which is basically getting the ball rolling for affordable electric cars.
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Old 03-31-2014, 09:36 PM   #46
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You should do more research on him. He has been a whiz kid since an early age.
He was a hardcore programmer. Then cashed in on the precursor to paypal.

He is very hands on, and understands the physics behind everything they are building.
Elon Musk is a genius.
Ty, saved me a post.
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Old 04-01-2014, 02:40 PM   #47
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Once he gets the cost to about $52,000 I see him switching to something else and letting the minions do the rest. What is coming up?

Ford spent his ENTIRE life working on his car. Rockefeller spent his entire life working on his oil empire. Gates spent his entire life working for Microsoft.

Elon Musk will spend about 2 years playing with electric cars before he moves onto something else. He already revolutionized online payments with PayPal. He didn't stick around to fuck with it. He moved on to revolutionize the rocket industry.
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Old 04-01-2014, 03:31 PM   #48
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How many Bitcoin he own?
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Old 04-01-2014, 03:46 PM   #49
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Old 04-02-2014, 12:33 AM   #50
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I met him at the AVN convention in 2002 or 2003. He seemed remarkably normal.
That's valid
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