A $5 billion factory is a substantial investment - if they do what they say they can.
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Musk likes to vertically integrate his companies. At SpaceX, when a supplier tries to gouge them, SpaceX figures out a way to build the part on their own, usually quicker and cheaper. I would rather bet with him than against him.
I’d rather bet with him too. You know, it’s kind of sad to see people I like here become so damned negative on things like this.
There were people who thought the horseless carriage was a novelty and wouldn’t last long.
When trains exceeded 40 MPH, there as talk if man could survive that speed on a sustained basis.
I watch Musk with some interest. I don’t know if he’ll eventually be a success at this. In the long run, I hope he is.
I’d like to see the United States become the forefront of a new technology.
I have mixed thoughts on batteries, the whole electric thing, but in the long run I think it would be better than the internal combustion engine.
It will be interesting to watch.
Frankly, I would love to be able to afford a Cadillac ELR.