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Comment Re: He gets stuff done, making others look bad (Score 1) 97

Being profit driven is great when it is long-term. Short-term profits are normally done for stock manipulation so that the executives can sell their options (and this is a disaster to the companies).
However, Musk is NOT profit driven. He is goal driven, of which the making of profits is a side-effect, not the ONLY goal.

Comment Re: I'd be wary of Musk, too (Score 1) 97

The demand is outstripping their supply. Right now, if they could product 250,000 MS, they would be able to sell it just in America and Europe ALONE. In fact, what keeps Mercedes S-class from dropping massively is the fact that tesla can NOT produce enough. OTOH, all of the other competition has dropped massively in America and Europe.

Comment Re: He gets stuff done, making others look bad (Score 2) 97

You think that 100% of spacex's money for the manned system is the feds? You must be with Boeing or l-mart ( 1 step below k-mart ). Boeing had over 620 million, while spacex is less than 540 million. In addition, Boeing gets 4.6 billion contract to finish it out and launch twice. Spacex gets 2.6b to finish it out and 3 flights. Spacex is putting a lot of their money into this. Boeing? Not a penny.

Comment Re: I'd be wary of Musk, too (Score 1) 97

And yet, Google and apple, amongst others would gladly buy them. However, there is little doubt that Tesla will be profitable in 2 years. The reason is that they will be producing at around 100,000 cars by end of 2016 and when model 3 hits, should be able to do 150-200k just on model S and X. Combine with an easy rampup of 50-100k M3 just for the first year, and we are looking at over 300k by end of 2017. Interestingly, that will put them on the same tract as Ford did, and ahead of Hyundai, who had massive subsidies.

Comment Re: I'd be wary of Musk, too (Score 1) 97

Outside of making money on minor subsidies? Well, he is the one that brought banking to the net, which really allowed for commercialism on it; He is one of, if not the, largest installer, and owner of solar. In addition, his new factory going up in new York should produce highest efficiency, lowest costs panels by end of 2017; his Tesla is the reason why electric vehicles are taking off. In fact, it is the shear fright of model 3 that caused Europe to walk away from their plans for hydrogen vehicles; and of course, spacex has singlehandley caused the price of rocket launches to plummet. Russians, Europeans, and American launch systems have had no choice but to drop their prices and get massive subsidies to compete against minor subsidized spacex. But hey, I doubt you wanted facts here.

Comment Re:I have an idea (Score 2) 552

Actually, I think that something is about to give WRT oil exports. All of OPEC is losing money and the majority of them have already gone through their main savings and are now losing their back-up savings (i.e. gold, American T-bills, etc). Saudi Arabia would love to force American production out of business, but that is not going to happen. But, they want to increase the price, just like the rest of the OPEC does, while at the same time, not losing any % of market place. THe only way to have price increase is to have all producers esp. Russia cut their production. Russia is fighting that, but, with their now being involved in a 2 front war, they will likely be willing to cut production so as to increase their total dollars.

Comment Re:Please put the word "space" in quotes (Score 1) 117

The hard part here is NOT slowing down. Basically slowing down from 4 km or 100 km is simply a matter of more fuel. The hard part is:
1) landing under power.
2) landing under power on a set spot.
3) landing under power on a spot that is pitching, rolling, and yawing.

Blue Origin should be congratulated for doing the first. Of course, SpaceX not only did the first, but also the second. SpaceX has NOT managed to do #3.
BUT, in the end, BO will be flying regular commercial runs with stage reuse next year.

Be careful when a loop exits to the same place from side and bottom.