Unfortunately, a lot of smart people are under his spell too. I had to listen to the CEO of a medium sized company wax poetic about how he’s a super genius and the greatest boon to human ingenuity in a century, desperately trying to hold my tongue as I rolled my eyes into the back of my skull.
I think he’s an okay businessman. That’s about as much praise as I’m willing to afford him. He’s definitely charismatic enough to convince a room full of investors that the ideas he’s pitching are worthwhile. Part of that is that his passion for these projects are genuine, and when you put somebody in a room with a passionate guy, the enthusiasm tents to rub off on them just a little.
Most of his investments that garnered him his wealth are just him being at the right place at the right time. Getting in on PayPal when Ecommerce was in it’s infancy and partnering with Ebay to take advantage of shopaholics who just couldn’t help themselves. Buying his way into Tesla right when EVs were primed to take off and pushing hard for an economy class variant that could be mass produced rapidly (in an already-made factory that Toyota closed down, no less!). Founding SpaceX and pouring a shit ton of his own money into rocket and aeronautics R&D right around the time the U.S. Government was looking for cheap contractors to take over the space program. I think the only projects he miscalculated on were buying Twitter for way too much money when social media was really starting to stagnate.
His politics are fucking weird, though. I find him to be personally pretty repugnant. I already didn’t like him because back in the early days of Tesla he pushed all the management to essentially become slavedrivers for the line workers. I live in California near the plant and I had friends who worked there in production that got nearly worked to death, extreme overtime and weekend shifts, few breaks, the only saving grace was the above average pay that kind of kept them trapped in that hell of a job for way too long. Then the whole Thai soccer team incident happened and I was so over him. Haven’t heard anything about him since that has made me feel like he deserves to be the richest cunt in the fucking universe.
turmacar@lemmy.world 2 months ago
He bought co-founder status at Paypal too IIRC. He was ousted in part because he wanted to rename it “x.com”. Weird that.