Many years ago I bought Tesla shares at $18.00 US each. Elena insisted that I sell the shares because Tesla would never make any money. This morning Tesla shares are selling for $902.00 US each. Tesla is the largest car manufacturer by market capitalization in the world. At times, it hits $1 trillion US dollars. There is a saying: "Those who bet against Elon Musk often come to regret it."
There is a lot of fear and worry about what
Elon Musk will do when he takes control of Twitter. I got to meet Elon almost
26 years ago. At the time, he was studying for a Ph.D. in material engineering
at Stanford University. He drove a 20-year-old Jaguar. He lived in a run-down
two-bedroom apartment in Palo Alto, California, with his first wife Justine and
his brother Kimbal.
I spent 90 minutes talking to him. He is
painfully shy and incredibly sensitive. He is obviously quite bright. He is an
engineer at heart. I found that he was not mean or cruel. He was not arrogant.
He was not overly aggressive.
A long email friendship between Elon and I
ensured. It ended with the launch of his first satellite into earth orbit on a
Falcon One rocket. I have a framed copy of a Musk email to me right near my
workstation.
Over the years I have read a few biographies
of Elon and read a lot of articles about him. One sentence would summarize his
whole philosophy in life as follows:
"When I die,
I want to leave the world a much better place than it was when I was
born." Elon's political philosophy is simple. He is neither a Democrat nor
a Republican. He is a centrist and a libertarian.
When he takes control of Twitter, get
ready for a lot of innovation and fresh new ideas. Yes, free speech will be at
the center of his leadership. He will have constraints. He borrowed $44 billion
US dollars to finance the purchase. He will have to earn a lot of money with
advertising to pay off the debt. He will have to keep the lender happy. If he
goes out on the fringes and the platform becomes a vehicle for fake news,
propaganda, and extreme politics, he will start to lose money and have a very
unhappy lender. He will make mistakes and have missteps. Please give him the
benefit of a doubt and keep an open mind.
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