Hacker News Reader

Comment by bmitc | Hacker News Reader

Is he really rich? He started a car company, one that is known to make shit cars. All of their big bets failed. So what was supposed to be "not just a car comoany", which is what all the insane valuations were based on, is now "just a car comoany" and a shit one at that. So why is this car comoany still valuated at such insane hype levels? Is his wealth not entirely tied to the hyper-valuation of this car company?

View on HN

> He started a car company, one that is known to make shit cars.

No he didn't. He was an early investor in a car company, eight month after it was founded, and later history-revised his way into a founder title.

Not that this should be surprising, considering the childish ego on that man.

You're right. This is always something I've pointed out myself. Just got sloppy with language here.

Except for the Cybertruck the cars are pretty good. The overvaluation is because Musk wants everybody to think Tesla is an AI company that makes self-driving cars, which by now everybody realizes is bullshit.

Tesla makes pretty nice cars if you're willing to drive them yourself and you only occasionally use autopilot as a kind of smarter cruise control. Never use FSD unless you're willing to pay through the nose for a system that only works in select locations and otherwise tries to kill you every few minutes.

Just to populate the counterargument: my personal experience with FSD is that it works in all locations I’ve tried it and does not try to kill you every few minutes. Maybe every few months.

Cue HN commentary about how that’s worse, but I’m only commenting here because this comment directly contradicts my lived experience.

Is spelling "company" really that hard?

It's probably just a typo, O is next to P on keyboards, mistakes happen.

Reply on news.ycombinator.com