Say what you will, but I did something monumentally stupid
He didn’t acquire it - a gang of self-serving maniacs and ghouls did their share and they’ll be wanting that share back, with interest.
Forcibly wishing into existence a timeline where Tesla is ponied up to the Saudi’s as compensation for this debacle and they then just proceed to change everything to combustion engines.
Saudi investment in the EV market is growing. EVs are ultimately fueled by burning fossil fuels, its just a lot more efficient since the fuel is burned at a power plant and the energy is stored, instead of being burned by millions of individual ICEs
yes, there is some inefficiency (as there is with all energy transfer) in storing that energy, but compared to the inefficiency of ICEs, its a lot better. also, its easier to control emissions from a power plant than it is with millions of individual engines. the biggest problem is the batteries. but there is some promising research into batteries that dont require us to use up all our precious earth metals.
basically, instead of millions of individual combustion reactions. you have one huge combustion reaction where the energy loss due to heat can be controlled on an industrial scale
All his companies are state subsidized non profits
Apart from the lucky few that manage to grift their startups to Google/Meta/MS etc for a few billions each everyone knows you only really get rich on the stock market, forcing your own company to buy back shares using your own company’s profits.
The whole “and he became rich because he made a very profitably business” is at best a fairy tale of the 50s.
is it buyer’s remorse that compels him to constantly talk about what a huge piece of shit the site is?
