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Comment by askaboutit | Hacker News Reader

Tinfoil hat on. Big industry hates Elon. Rockets are his now. And soon cars will be Tesla’s or at least Electric. Maybe they’ve been bashing him in order to break him. Don’t break the company. Break its leader.

Just need to take a look at how tides have turned so quickly against Elon in the last year. Seems very odd. And the short sellers could quite easily be hedge funds backed with big money interests.

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It is not odd that the tides have turned against Musk. What is odd is that it took this long for the tides to turn against him. That a company is still around after incinerating cash so rapidly and consistently for ~16 years is an incredible feat. There is big money betting against him, but there is also big money betting for him.

Most of Musk's troubles are of his own doing. He took enormous risks in rushing the Model 3 to production and frankly they have been disastrous. His SEC troubles (which are just starting) are entirely of his own doing.

If your company is failing to meet goals and you know it, your PR department can keep the wolves at bay for some time. If you can't fix the problems, eventually the real situation of your company will start to come to light, and opinions will change abruptly, since the contrast between the PR and reality will have grown huge.

>Big industry hates Elon

Elon is Big Industry.

Have you ever stopped to wonder that maybe people "don't like him" because he's a jerk and his company loses vast amounts of money? Don't need a tinfoil hat.

Why would you care if his company loses someone else's money?

Other companies make affordable EVs, and without the massive amounts of rent seeking that Elon takes part in. Tides turn quickly against conmen. Do you think Tesla will buy out shares?

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