> Building things people want gives credibility.
nope, it generates hype. That's all there is.
Up until very very recently they were losing money on every car they made and only a pandemic killing enough factory workers worldwide to create shortages have they managed to break even. What Tesla made money on is regulatory credits.
A year ago
https://www.caranddriver.com/news/a36266673/teslas-q1-2021-e...
> The company had an income of $438 million, including a $101 million "positive impact" from the sale of Bitcoin, and $518 million from selling zero-emission regulatory credits to other automakers. That means Tesla continues to lose money making and selling vehicles.
The Boring Tunnel Company barely have built anything and what they did build is a deathtrap.
Hyperloop is completely impossible.
SpaceX's Starlink satellites are involved in about 1,600 close encounters between two spacecraft every week, ~50 % of all such.
Also, Elon Musk already committed a federal felony as a twitter user and it is beyond bizarre he is a) not in jail b) allowed to bid on it.