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Comment by kisstheblade | Hacker News Reader

You win the sour grapes award. Amazing how Tesla is worth a trillion and SpaceX over a hundred billion now, but it's all just a trick right? Each company conning investors for almost 20 years now. Look at all the things they haven't accomplished.

Tricking investors isn't exactly a high bar to clear either. But sure, you go on ahead and keep telling yourself that Tesla is worth more than the entire, combined auto industry when they can't even make cars with proper joints and door alignments.

We tend to think investors love to chase clouds. These ideas have existed for a long time, and making them a reality - of course - isn't easy. I tend to believe an investor is looking at how good a company can sell the idea to consumers, even if the tech isn't there yet. The company tricks the consumer - not the investor. People buy the half-finished tech, the company appreciates in value, and the investor very likely planned for this. Maybe the investor is more interested in snake oil than full self-driving automation.

There are stupid investors out there, but they won't be investors for long.

>There are stupid investors out there, but they won't be investors for long.

Softbank seemingly hasn't ran out of money, despite making about the worst investments anyone can have done. The people who don't last long are you or I, people who can put 10k max. The large investors have more money than sense, and can afford to do so.

> The company tricks the consumer - not the investor.

If I give you the money to commit a crime, I am partly responsible for the crime. I don't know why, in your mind, investors should be treated differently, aside from hoping that you'll one day be the one that invests into a company and make loads of money tricking people.

> Softbank seemingly hasn't ran out of money, despite making about the worst investments anyone can have done.

Classic armchair expert. It’s amusing that when they made a fortune with Alibaba many people here dismissed it as luck, and yet when they lost money they became the worst investors ever.

That's not the point. Softbank has been bleeding money for years, pissing it off on some of the worst possible investments. You know what's happened to them ?

Fuck all, because they simply have so much money that they don't really give a damn.

>There are stupid investors out there, but they won't be investors for long.

Not if the federal reserve has anything to say about it! Apparently that'll be changing soon, but the last 15 years or so was all about subsidizing stupid investors.

Solar roof tile shingles are a real technology. And unlike Telsa Solar, which mostly buys it's cells from China, market leaders (in terms of technology) like Meyer-Burgers will present similar products this year. https://www.pv-magazine.com/2021/07/29/meyer-burger-plans-to... those will be able to be installed by any roofer and are compliant with German safety standards and are much more robust then Tesla Solars models.

According to wiki, though:

> Shotwell is married to Robert Shotwell, an engineer at NASA’s Jet Propulsion Laboratory.

The hardest part is selling a compelling vision that connect with people and motivates a whole new generation, not to mention investors and the gov to invest.

Yes. See Theranos.

There has to be some sensible ratio of bullshit/vision.

Sound very much like the argument that you shouldn’t trust vegetarians because Hitler was one.

I come to hacker news to get away from trolls like you.

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