and that would be absolutely amazing; though in some ways (and not to discount musk’s undertaking at all) i feel it speaks more so to a failure of governments (generally speaking) in investing to drive technological advance.
it should be the public sector that leads in these types of endeavors. one of the most important functions of a state is its ability and willingness to invest in projects that would be otherwise unprofitable or far too long-term for any rational player in the private sector to take-on. these investments, while maybe unprofitable to a single entity, are what lay the foundation for significant productivity and standard of living gains down-the-line (which, in-turn, spur many future profitable companies). it’s how everything from highways spanning a continent and parks in the middle of crowded cities to the internet and atomic energy get developed; and it's so crucial to society..
it’s really quite sad to see this important economic function of government neglected, particularly in the us where its proven so successful in generating wealth and societal good time-and-time again.. i mean would we have microsoft and apple around if it wasn’t for the development of the internet? (and google certainly wouldn’t exist).
it’s also sad that the great focus that the nation apparently (long before i came to be) had in driving technological advance has stalled, and such investments have become issues of budgets and ‘big government’ (which i am not a fan of at all by the way). if governments are going to run ridiculous budget deficits anyways (even in years of economic growth) then there should at least be something to show for it at some point; that doesn’t seem to be the case these days..
fortunately there are irrational players in the private sector, like elon musk, who are able to fill the voids. unfortunately though, if (and most likely when) such endeavors prove unprofitable in the long-run, little may show for it.. you’d think more people would be interested (and economically incentivized) to have a government that covers the expensive research and development costs associated with spearheading technologies which they can one-day build-off of (and in incredibly profitable ways), but i guess economic self-preservation (and therefore political pressure) prevail over advance.
with all that said, i really do hope he succeeds.
(also, off topic, but i really wish i could afford a model s right now!)