Hard to see how he's an "obvious fraud" when he's landing rockets on ships and selling tens of thousands of enormously expensive cars per year.
Hard to see how he's an "obvious fraud" when he's landing rockets on ships and selling tens of thousands of enormously expensive cars per year.
Except that Musk currently only has two...
Batista had one EBX Group and the ones mentioned were subsidiaries. ...both are doing quite well and delivering on their promises
They are not profitable, which means they are not doing well. ...he's landing rockets on ships and selling tens of thousands of enormously expensive cars per year.
Batista's companies were drilling for oil, doing construction, shipping and many other things.According to your link, Batista's companies never did the quantities they needed or said they would. The oil drilling didn't produce much oil, the drilling equipment manufacturer didn't sell much equipment, and the shipping company didn't do much shipping.
What's the Elon Musk equivalent to "Batista’s oil wells only pumped 1/50th of the barrels he predicted they would"? Tesla said they'd sell 50-60,000 cars last year, and they sold somewhat over 50,000, not 1,000. SpaceX said they want to do 18 launches this year, so far they're on track for more like 12, but certainly not 0.36.
Charlie Munger's quote I read in Poor Charlie's Almanack a really long time ago resonated with me pretty well when I saw Batista being interviewed on Charlie Rose years back. “Bernie Ebbers and Ken Lay were caricatures – they were easy to spot. They were almost psychopaths." * Since no copy of the book online, https://25iq.com/charlie-munger-book-to-date-chapters-1-5/