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4realz@lemmy.world to Technology@lemmy.worldEnglish · 1 year ago

Five People Founded Tesla, But Only Elon Musk Became Extremely Rich

open.substack.com

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Five People Founded Tesla, But Only Elon Musk Became Extremely Rich

open.substack.com

4realz@lemmy.world to Technology@lemmy.worldEnglish · 1 year ago
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The untold story of Tesla’s unlucky co-founders and how they missed the billionaire bus
  • cole@lemdro.id
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    1 year ago

    The problem is you say this with certainty but have no numbers or evidence to back it up. How do you know the revenue from subscribers can’t cover rocket launches?

    • echo64@lemmy.world
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      1 year ago

      It got almost a billion dollars in subsidies from America last year. This is whilst being unprofitable.

      • cole@lemdro.id
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        1 year ago

        It seems Starlink A) isn’t getting subsidies and SpaceX is B) providing services in exchange for payment rather than just getting free money.

        On top of this, SpaceX is reportedly still profitable. I just don’t understand your argument here. No sources, no actual hard data just conjecture.

        • obviouspornalt@lemmynsfw.com
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          1 year ago

          Starlink was definitely on track to receive significant subsidy, the FCC recently rescinded.

          https://www.reuters.com/technology/space/us-agency-will-not-reinstate-900-mln-subsidy-spacex-starlink-unit-2023-12-13/

          • cole@lemdro.id
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            1 year ago

            Alright, this doesn’t support your argument. That is a counter example that SpaceX ISN’T receiving subsidies. Anything else? I do appreciate the discourse though

            • thallamabond@lemmy.world
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              1 year ago

              Musk’s companies had received an estimated $4.9 billion in government support by 2015, and they’ve gotten more since.

              https://www.businessinsider.com/elon-musk-list-government-subsidies-tesla-billions-spacex-solarcity-2021-12?op=1#spacex-lands-a-289-billion-contract-with-nasa-in-april-2021-1

            • obviouspornalt@lemmynsfw.com
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              1 year ago

              I didn’t make an argument, I just provided primary source facts.

              • cole@lemdro.id
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                1 year ago

                fair, my apologies, thought you were the original commentator

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