Some companies out there quote a start of production that is substantially in advance of when customers get their cars.
Some companies out there quote a start of production that is substantially in advance of when customers get their cars.
I got an offer in 1992 to buy a major-league team. I turned down the offer because I don’t want my love of the game to involve business.
If you’re entering anything where there’s an existing marketplace, against large, entrenched competitors, then your product or service needs to be much better than theirs. It can’t be a little bit better, because then you put yourself in the shoes of the consumer… you’re always going to buy the trusted brand unless there’s a big difference.
I think long term you can see Tesla establishing factories in Europe, in other parts of the U.S. and in Asia.
The golf facet of my life doesn’t go with the rest of my life, which is a rough-and-tumble life. I work in real estate development, which is the toughest business, and I do it in the toughest city. I deal with ruthless people.
I think the high-tech industry is used to developing new things very quickly. It’s the Silicon Valley way of doing business: You either move very quickly and you work hard to improve your product technology, or you get destroyed by some other company.
If your payloads cost hundreds of millions of dollars, they actually cost more than the launch. It puts a lot of pressure on the launch vehicle not to change, to be very stable. Reliability becomes much more important than the cost. It’s hard to get off of that equilibrium.
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