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Recommended Reading:
It isn't surprising that Elon Musk gets a lot of criticism. He's different, he's brilliant, and - unlike Wall Street - he thinks long-term. I need to begin this discussion with a disclosure: I consider Elon to be a good friend, and have known him for almost 20 years. We awarded him the honor of Entrepreneur of the Year in 2009 at our FiRe conference, which he has attended for years (photos and video link below), and I personally own shares in both Tesla Motors and SolarCity. This week, with Tesla's bid for SolarCity, most of the global business blogs are questioning every part of the deal, from finances to board connections. While this transaction will soon be forgotten, it provides an opportunity to both look at these companies in a bit more detail and try to see the world from Elon's perspective, which is almost the opposite of Wall Street's.
Elon Musk during our interview at FiRe 2009. (Photos © 2009 Strategic News Service / Dan Lamont) Video of our 2009 interview: When Elon was considering forming SpaceX, he flew up to talk about "whether this is a crazy idea." After all, who else in the world would even consider - with zero background in the industry - going up against NASA, Boeing, and Lockheed, not to mention the legacy space companies and government efforts worldwide? But I learned something much more important about Elon over our lunch conversation that day. |
