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xutopiatoday at 2:23 PM6 repliesview on HN

I can't comprehend for the life of me that people put their life savings in what Elon Musk is doing. Are people not seeing how he's lying about the future all the time?

He said he aimed to have 5000 Optimus robots out by end of 2025, 50000 by 2026 and 10 times that in 2027.

He promised in 2015 that full autonomous driving would arrive in 2 years and we aren't there yet 11 years later. He even said in 2016 that there would be coast-to-coast autonomous driving in 2017.

He promised manned missions to Mars by 2024-2025 in multiple interviews between 2011 and 2016.

He promised in 2016 that there would be solar roofs expansions by 2017 that didn't pan out, he promised AGI by 2025 in 2024.

Elon Musk has repeatedly lied about outcomes of his ventures, gotten crazy valuations based on those exaggerations and now people are starting to finally wake up that he isn't as good as his ego.


Replies

tejohnsotoday at 2:45 PM

Well, rational or not, anybody that put a significant life savings into early TSLA and kept it there is retirement money rich now.

Lots of rational people kept shorting, thinking sanity would prevail, and ended up losing bigly.

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oooyaytoday at 3:33 PM

Salesforce often does product announcements to determine how the market might respond before they ever build anything. The very thing they're selling may not exist and might not even be possible as they describe it.

I think it's a way some businesses just do business and the market has not issued a correction to that. Maybe it should?

crimsonspytoday at 2:29 PM

He claimed that he would unearth billions of dollars of government fraud, only to lie about that too. Instead his team cut aid programs and have contributed to an estimated 700,000 deaths so far.

https://www.newyorker.com/news/the-new-yorker-interview/the-...

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DustinBretttoday at 2:27 PM

Every company you mentioned has made more progress in those spaces than anyone else, and they are all clear progress towards the goals discussed.

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blanchedtoday at 2:30 PM

From what I can tell, the sad truth is that people think “he’s a billionaire / trillionaire, I want to be involved with that.”

It’s a variant of the people who pick “Jay-Z” in the meme question “would you rather have half a million dollars or lunch with Jay-Z?”

etempletontoday at 2:34 PM

Some people, many people, recognize him as a serial liar/exaggerator, but think he will make them rich too. Eventually that probably stops being true.