Rush via EV wrote: >> I think that anybody having any knowledge of how a business is conducted >> would say that 'yes, profit is a good thing'.
David Roden wrote: > Let's restore the context: > > As I understood it, and someone correct me if this is wrong, the original > Tesla "master plan" was to get to mass market EVs. They'd start with > building luxury EVs for rich people, and use the presumably *hefty* profits > from that venture to design and build EVs for the rest of us. To paraphrase the old saying, "Wealth corrupts. Absolute wealth corrupts absolutely." It's one thing to have noble goals, and use money to achieve them. It's quite another to let money become your *only* goal. Sadly, the American "Wall Street" mentality tends to put money ahead of every other goal. As soon as you become a for-profit corporation, the stockholders will demand that you maximize profits, no matter what. Henry Ford wanted to put America on wheels, so he priced his cars so he could do it. But once he started to make insane amounts of money, he abandoned that goal, and money became an end in itself. He became rather insane in his quest for wealth and power. I think the same thing is happening to Elon Musk. He has all sorts of noble goals, and is using his wealth to achieve them. But he is also the head of one of the richest corporations in the world, and so faces incredible pressure to maximize profits, no matter who it hurts. -- Excellence does not require perfection. -- Henry James -- Lee A. Hart https://www.sunrise-ev.com _______________________________________________ Address messages to [email protected] No other addresses in TO and CC fields HELP: http://www.evdl.org/help/
