Elon Musk a scam artist?
beginning to have a terrible felling that the Wall Street darling Elon
Musk is a scammer.
recently announced that he decided to delay the colonization of Mars from
2026 to 2031.
of the main reasons for the delay is the company’s need to raise
more funds for the Mars colonization mission. Apparently, the movement of
the project has taken longer than expected; thus, the Dutch venture had to
company is actively collecting investors’ money to fund this project. Will
he delay the project again in 2031?
Musks’s companies just a Ponzi scheme? He comes up with all these crazy
projects that end up financial black holes and wants more and more money
from investors. His Tesla company has never turned a profit since
inception. Now he wants to colonize Mars, and for that he needs billions
of dollars, which he takes from hopeful investors.
to those who follow this kind of thing http://www.businessinsider.com/stanphyls-mark-spiegel-makes-the-case-against-tesla-at-robin-hood-conference-2016-12/
head of the biggest privately owned U.S. coal producer on Monday called
electric-car maker Tesla Motors Inc. a “fraud” for failing to turn a
profit despite subsidies. Bloomberg
Way = Bell Curve)
little digging reveals a story that is different than that repeated over
and over by his Cult.
example, the Tesla battery swap idea was a scam to steal millions of
dollars of tax money from the state of California. Some of his cult
followers still think there’s going to be a battery swap station on
every corner. They rigged a Demo, then took the $. A full expose
on this scam can be found here:
Tesla battery swap is the hoax of the year https://wattsupwiththat.com/2013/12/21/the-tesla-battery-swap-is-the-hoax-of-the-year/
says Progressive like taking tax money from the poor and middle class to
subsidize $110,000 cars for rich people. Tesla may not have made it this
far without this “contribution”.
Model X is a nightmare, Elon insisted on the falcon wing doors, which
are trouble when the car is new, and a disaster as the car gets
older. The latest from Consumer Reports on the other Tesla- the
Model S: Unrecommend- Tesla Reliability Doesn’t Match Its High
– a money losing company (despite last quarter, which was fudged) just
bought another money losing company. Coincidentally, Elon was the
Chairman of that other money losing company- Solar City. It was a
bailout- for Elon and the shareholders. There are plenty of other
examples of why this Musk person is not what he is made out to be, such
as publicly sliming Hydrogen Fuel Cells (“Fool Cells”, said Musk) –
insulting tens of thousands of good people that have been working for
years to make this clean energy happen. Now his Cult followers run
around bashing hydrogen on every electric vehicle website in the world.
Fuel Cells are competetion to a battery only car, yet those who defend
the tech are labeled “shills”.
a good summary of what the future looks like for Tesla see this: http://www.businessinsider.com/stanphyls-mark-spiegel-makes-the-case-against-tesla-at-robin-hood-conference-2016-12/
a Ponzi scheme.