- Joined
- Mar 10, 2010
- Messages
- 22,929
- Reaction score
- 24,454
Elon is bringing Vaporware back.The Vegas loop, possibly shittiest tunnels ever built by man.
Like always, he presented a futuristic CGI solution to a problem, then his companys stock skyrockets based on presentation ( Boring company is now worth 6 billion ), and then he delivers a shit tunnel. Introduces a Tesla Semi, claims "this beats rail RIGHT NOW (2017.)" , Tesla stock skyrockets, 6 years later no production date in sight. Hyperloop, "its air hockey table in a tube, i swear its not that hard", stock skyrockets, product turns out to be physically impossible to be made, nvm company is worth billions. I aint even gonna start with solarcity, tesla robot, tesla truck... I mean, dude claimed hes gonna LAND ON MARS BY 2018!!!! and SpaceX stock litteraly skyrocketed, 1 million self driving robotaxis were READY TO ROLL OUT 3 years ago...
Basically its a Theranos style business model. Or Crypto logic in the real world. Hype is the main driver of todays market, and Elon knows how to create a hype, specially with entire cult of personality built around him...
Vaporware - Wikipedia
For those that dont know about Vaporware. I have been in the stock market a long time, and have seen companies go the Vaporware route.