Ask HN: What gives Elon Musk's companies their edge?

6 pointsposted 13 hours ago
by atleastoptimal

Item id: 42218573

14 Comments

WheelsAtLarge

13 hours ago

In the past, I've met people who are driven by results but don't always consider the feelings of others. They expect tasks to be completed without thinking about how the process affects those involved. I believe this mindset has contributed to Musk's success; he expects both himself and those around him to fulfill their assigned roles. If someone doesn't thrive in that competitive environment, they'll likely leave. Musk seems to attract individuals who are ready for this level of intensity. After all, he doesn't do all the work himself; thousands of people working under him carry out the tasks. He's simply an effective leader. Many may dislike his style, but evidently, those who work for him do not.

Additionally, his control over social media has significantly contributed to his ability to attract substantial capital. With this capital, he can pursue various initiatives. He has a knack for crafting a compelling story that encourages people to invest in his company in both time and money.

GianFabien

12 hours ago

Based entirely on observations from public sources, I think Elon is first and foremost a superb salesman. Beginning with his move from South Africa, to Canada and thence USA is the beginning of his process of incrementally hustling to the next best thing. It is how he parlays his wins from one investment into the next.

Far less attention is given to the fact that he must be hiring lots of extremely talented people and motivating them to deliver above average outcomes. As a stereotypical manager of managers he bestows upon himself all the credit in public. Thus further enhancing his reputation.

His private life is further proof of his complete disregard for norms and conventions. Elon shows a cavalier disregard of public institutions, e.g. SEC, yet manages to avail his companies to billions in government subsidies.

k310

12 hours ago

Long story deleted. He runs things like a Bond villain.

If you want some granularity in that: risk taking, going against the grain, breaking rules, drive, grandiosity, good physics skills and poor people skills (lack of empathy). I read somewhere that the laws of physics constrain his engineering companies, whereas absolutely nothing constrains the "social" business, though the section 230 free ride may be grinding to a halt.

https://www.thebignewsletter.com/p/judges-rule-big-techs-fre...

user

13 hours ago

[deleted]

DemocracyFTW2

12 hours ago

Lies, Lies, Lies, and then some more Lies

user

11 hours ago

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talldayo

13 hours ago

It's really easy to promise things you have no intent of doing, raising capital, and then liquidating the shares you own at inflated value to sponsor even more insane moonshot ideas. If you're smart you can even shoehorn in a few government subsidies predicated on a product category you abandoned behind closed doors.

Between FSD, the $25,000 EV and uh... X, I'm getting pretty convinced that publicly recognized success isn't the goal anymore.

atleastoptimal

13 hours ago

If it were so easy then why doesn't every billionaire/CEO do it? Elon's companies are vastly outcompeting in their specific domains (Tesla for electric cars, SpaceX for space, satellite internet), despite the many failures on the way.

talldayo

12 hours ago

It can't be that hard, Theranos and Enron figured it out too.

bdangubic

13 hours ago

it is also not easy to become POTUS but someone like Donald pulled it off twice :)

gregjor

5 hours ago

You really have to overlook a lot of lies, broken promises, hype, fluff, ignoring and breaking laws, taking credit for the work of others, and what looks like fraud, intimidation, and bribery.

https://elonmusk.today/

Sadly, Musk-style “decision making capability” works as long as the right people profit from it. Sociopathic personalities too often succeed, because they don’t care about other people and think the rules don’t apply to them. I don’t think we should admire or emulate those people.

Musk has cleverly learned how to extract handouts from the government while criticizing government handouts, and how to focus attention away from his trail of failures by promising something even more distracting next year.

user

12 hours ago

[deleted]

user

13 hours ago

[deleted]