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Elon Musk Says Everyone Is Lying! A Bigger Crash Is Coming
Analysts in the financial industry are now speculating that we may be on the cusp of a worldwide economic downturn of catastrophic proportions. Although it is undoubtedly terrifying to hear, it does not appear to be too much of a concern for the wealthiest man on the planet. In a stunning turn of events, Musk has admitted that he has a "bring it on" attitude toward the ongoing global recession and that he believes it has the potential to be beneficial for all of us. This is a shocking admission.
Musk believes that the fact that he has a long history of weathering brutal economic storms and having his assumptions challenged is sufficient reason to pay attention to the success he is generating today. Tesla serves as a helpful illustration of this point. You see, in 2004, when Musk made his first investment in Tesla, the company was nothing more than a nascent startup with the ambitious goal of becoming the world’s largest electric vehicle (EV) manufacturer.
Musk risked a sizeable portion of his wealth and invested a staggering 6.5 million dollars in the endeavor. Things moved at a snail’s pace at Tesla in its early years of operation. In point of fact, it took the company a full four years before they released their very first product. The Tesla Roadster was ridiculed at the time by some of Musk’s critics for being a ripoff of the well-known Lotus Elise.
The Roadster debuted on the market with a price of approximately $80,000, which was in no way affordable or even remotely close to being affordable. This figure is even reflected in the car’s sales on the international market, as the manufacturer only managed to sell 2,450 units of the electric vehicle that particular year. Thankfully, in 2010, Tesla was awarded a portion of the federal stimulus package in the form of a loan from the government in the amount of 465 million dollars. This loan allowed the company to design and manufacture its revolutionary electric vehicle, the Tesla Model S.
Fast forward to the present day, and Tesla is now one of the leading electric vehicle manufacturers supporting initiatives related to clean energy. To get back to the original question, why does Musk think a recession might benefit the human race? However, he contends that businesses with negative cash flow won’t make it through the forthcoming global recession and that their demise will, in the long run, result in a reduction in the excessive consumption of resources.
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Inspired by Elon Musk: EVERYONE’S Lying!! A BIGGER Crash Is Coming
Inspired by Elon Musk: A BIG Crash Is Coming!
Inspired by Elon Musk: EVERYONE’S Lying!! A BIGGER Crash Is Coming
Inspired by "They’re LYING! Everyone Needs To Know The Truth" | Elon Musk
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