- Joined
- 11 February 2007
- Messages
- 2,202
- Reaction score
- 3,305
I'm no expert, but I'm fairly confident that losing $300m through your own arrogance is generally frowned on.You should educate him. He probably doesn't know how money works like you do.
I'm no expert, but I'm fairly confident that losing $300m through your own arrogance is generally frowned on.You should educate him. He probably doesn't know how money works like you do.
You shouldn't do it then. ;-)I'm no expert, but I'm fairly confident that losing $300m through your own arrogance is generally frowned on.
A humorous reference to pi, as in "pi aren't square, cornbread are".Apologies, but am a noob here. ... Do you care to explain the markings? Thank you!
Arh, thanks!!!A humorous reference to pi, as in "pi aren't square, cornbread are".
Thank you!!!It in form of piece of pie or pi = 3,14
His pay deal with Tesla begs to differ!Elon is not about making money.
Henry Ford & Thomas Edison & George Stephenson, I think. The old, classic type of "inventive industrialist".Elon is not about making money. He is about making things, and he is very good at that. He is a combination of Howard Hughes, Henry Ford and Tony Stark (all of them eccentric geniuses).
He is Sergei Pavlovich Korolev, and he knows about itI've said before, I think he is an alien.
Boldening mine.Elon is not about making money. He is about making things, and he is very good at that. He is a combination of Howard Hughes, Henry Ford and Tony Stark (all of them eccentric geniuses).
Great Men, (and Elon is both an ass and a great man), attract passionate adoration and passionate hatred. I can't figure out how he even sleeps at night while balancing Tesla, SpaceX, The Boring Company, Optimus, Power Wall, Starlink, and who knows what else.
All this while procreating at a furious rate and inserting himself into national and international politics. And I believe I read that he is autistic.
I've said before, I think he is an alien.
Or, 'The Man Who Fell To Earth'Elon is not about making money. He is about making things, and he is very good at that. He is a combination of Howard Hughes, Henry Ford and Tony Stark (all of them eccentric geniuses).
Great Men, (and Elon is both an ass and a great man), attract passionate adoration and passionate hatred. I can't figure out how he even sleeps at night while balancing Tesla, SpaceX, The Boring Company, Optimus, Power Wall, Starlink, and who knows what else.
All this while procreating at a furious rate and inserting himself into national and international politics. And I believe I read that he is autistic.
I've said before, I think he is an alien.
No, you don't understand the industry
a. it is not bleeding money. It is a state owned and run facility. The costs are the same whether they are launching or not.
b. Having another customer isn't going do any for them. An outside customer (not Arianespace or another European entity) is going to bring in their own people and own infrastructure. Like the Russian launched Soyuz at Kourou (actual Russians do the hands-on and not ESA or Arianspace). Another customer will keep some launch "range" people busy but that is very few compared to who does the work on the actual launch vehicles.
c. Arainespace already deals with high turnover. People come from Europe on 3-5 year contracts. They heavily document all the processes and past them on. This works great with comsats because they minimize requirements (to save cost) and hence changes to operations. This is not the case with science spacecraft and why it was so difficult launching JWST on Ariane. It required atypical operations (like extra cleanliness and more preparation time). It didn't follow the cookbook.
d. Just like shuttle and its stand downs, Arianespace will have to find ways to keep its launch teams busy and trained.
E. Money isn't the issue. Europe will always keep an indigenous launch capability. It might not attract commercial payloads like the past but it will be used to launch EU and ESA payloads. It really burns their balls to have to use Falcon 9 for ESA and EC payloads right now during Ariane 6 teething issues and the Russian embargo.
FYI, Arianespace launches Ariane and Vega, Russia launches the Soyuz. CNES owns and manages the launch site and ESA owns the launch pads.
His deal was based on company performance. Way better than CEOs getting the golden parachute no matter how much the company tanks, wouldn't you agree?His pay deal with Tesla begs to differ!
The point stands.Elon is not about making money.
His pay deal with Tesla begs to differ!
But if he's not into making money, why demand the largest pay deal in history? ($56Bn for those who don't recall the details).His deal was based on company performance. Way better than CEOs getting the golden parachute no matter how much the company tanks, wouldn't you agree?
Wrong. Europeans don't want to see Euro tax money go to American companies (See A400, EuroFighter, A380, Concorde, Ariane, etc). Europeans (especially the French) always look for homegrown national prestige products no matter what the cost.Money is all the problem in the world. Justifying prestige expenses don´t last long when your taxpayer see similar or better products churned out from the guy in front that cost considerably less.
Nope, SpaceX workers are not specialized. Most don't have traditional trade designations (mechanical, electrical, fluid, etc). Their techs can mate electrical connectors, turn bolts, connect fluid lines, etcHe has, astonishingly, simply replaced chain production by chain design (everyone do a little very specialized thing where they excel).
Which part of, "if the company does good, I do good and if the company does poorly so do I" equates to "demanding the largest pay deal in history?But if he's not into making money, why demand the largest pay deal in history? ($56Bn for those who don't recall the details).
Is there some resources you can read to get an idea of how organizational structure influence engineering output?Regarding SpaceX, it is blatant that the Fordism
He could have had the same deal for a lower sum. But no, he wanted $56Bn. Which is factually the largest pay deal in history.Which part of, "if the company does good, I do good and if the company does poorly so do I" equates to "demanding the largest pay deal in history?
When he made the deal it was pegged to the company's success. If the company did well, so would he. If the company did poorly, so would he. You're just butthurt because Tesla did well so he did too. If Tesla had gone bankrupt would you be here whining that he should have demanded a golden parachute? Somehow I doubt it.He could have had the same deal for a lower sum. But no, he wanted $56Bn. Which is factually the largest pay deal in history.
I honestly think asking about the SpaceX organization of touch labor and engineering as well as task delegation is missing the forest for the trees. From personal experience I have learned long ago to not trust any aerospace org chart and associated assertions ever at all.Out of curiosity (and due diligence), @Byeman and @TomcatViP, what are your sources for your insights into how touch labor and engineering are organized and how tasks are delegated at SpaceX? (I am making the wild assumption that the HR types are not dual qualified to be checking torques on Raptor engine B-nuts.)
I'm not being snarky (for a change)on this question, I am curious.
But if he's not into making money, why demand the largest pay deal in history? ($56Bn for those who don't recall the details).
The Tesla board agreed to an incentivized deal in 2018 that gave no guaranteed money to Musk. The company was worth ~$50 billion at the time.He could have had the same deal for a lower sum. But no, he wanted $56Bn. Which is factually the largest pay deal in history.
Honest question expecting an honest answer: How independent do you truly believe are any and all of the Tesla board members from Musk in any way, shape, or form, be it family, friendship, acquaintance, business, investment, ideological, political, nationality, religious, race, gender, age, romantic, platonic, sycophantic, or any other strictly legal purely identity or personality related aspect approval seeking related ties?The Tesla board agreed to an incentivized deal in 2018 that gave no guaranteed money to Musk. The company was worth ~$50 billion at the time.
To hit the first milestone (1% of stock) he had to double the value share-holders holdings and raise the value (market cap) to $100 billion. He did. For every extra $50 billion of value he created (reflected in market cap) he would get awarded another 1℅ worth of holdings up to 12%.
Shareholders at the time in 2018 voted over 70% to give him the deal that gave him no base or guaranteed pay and to reward him for doubling their holdings value in tranches.
He got no salary, no holdings vested based on time served, no cash bonuses.
Turns out, he hit all the tranches early raising the total value of common shares from $50 billion to now over $700 billion. The shareholders recently voted again over 70% in favour of honouring that deal. The vast majority of complaining is coming from people with no skin in the game. The people who saw their holdings increase 1400% in six years are by and large quite happy with the deal.
The deal was endorsed overwhelmingly by shareholders when it was enacted in 2018 and again this June. How independent do I think investors are? Very.Honest question expecting an honest answer: How independent do you truly believe are any and all of the Tesla board members from Musk in any way, shape, or form, be it family, friendship, business, ideological, political, nationality, race, gender, or any other identity aspect related ties?
Depending on company branding, shareholders can be true cultists, but if it works out well for them, god bless their precious little hearts . At its very heart (but no soul whatsoever), capitalism is a casino game after all .The deal was endorsed overwhelmingly by shareholders when it was enacted in 2018 and again this June. How independent do I think investors are? Very.
And over 70% of them were happy to give him obscene money if he could make them obscene returns. Any of your other investments make 1400% return since 2018?
Look at employee career profiles. You´ll find a lot a description of roles and achievements that shows (somewhat) an encapsulated set of responsibilities, often the same from low entrants to managers. (and the blooming of managers is the sign of a startup organizations for the worst and the better). Employee enters and make their career up within a narrow set of adverted expertise, often with only the very lower end of academic credentials for the position, as the cost aspect is always present when staff are brought in.Is there some resources you can read to get an idea of how organizational structure influence engineering output?
Not exactly equivalentOh please, Edison also made mistake about direct current!
True, but my point was, that even geniuses made mistakes. Look at Nicola Tesla, for example. Extremely bright mind, but how many of his ideas were absolute nonsence even from cotemporary scientific knowledge...Not exactly equivalent
No, they are not. SpaceX engineers change jobs and move around within the companySpaceX Engineers are dynamically allocated by their preferences and the rapid schedule in that means that they are confined to a specialty, by this and by the large staff number with the inherent redundancies.
I was on the source selection team when SpaceX got added to the NASA NLS contract. I have worked several Falcon missions.Out of curiosity (and due diligence), @Byeman and @TomcatViP, what are your sources for your insights into how touch labor and engineering are organized and how tasks are delegated at SpaceX? (I am making the wild assumption that the HR types are not dual qualified to be checking torques on Raptor engine B-nuts.)
I'm not being snarky (for a change)on this question, I am curious.
Examples, examples.No, they are not. SpaceX engineers change jobs and move around within the company
Just rhetorically: Honest question expecting an honest answer: How independent do you truly believe are any and all of theHonest question expecting an honest answer: How independent do you truly believe are any and all of the Tesla board members from Musk in any way, shape, or form, be it family, friendship, acquaintance, business, investment, ideological, political, nationality, religious, race, gender, age, romantic, platonic, sycophantic, or any other strictly legal purely identity or personality related aspect approval seeking related ties?
Slight correction - Calhoun is sooo yesterday, and the current Boeing President and CEO is actually Robert Kelly Ortberg, who currently has a few bigger issues to focus on, but in principle your point is extremely well taken. I'm not a company man, and I have no illusions in that respect - that's just how capitalism rolls.Just rhetorically: Honest question expecting an honest answer: How independent do you truly believe are any and all of theTeslaBoeing board members fromMuskDave Calhoun in any way, shape, or form, be it family, friendship, acquaintance, business, investment, ideological, political, nationality, religious, race, gender, age, romantic, platonic, sycophantic, or any other strictly legal purely identity or personality related aspect approval seeking related ties?