And just like that, Tesla Motors is gone. Downey fell for Tesla’s phony, flirtatious come-ons like a pudgy teenager speaking to the pretty cheerleader who needs homework help. We fell in love with the ambitious promises, the lofty technology and the national media attention. We fell for it all, hook, line and sinker.

But don’t blame Downey.

Elon Musk, Tesla’s founder and chief executive officer, lied. Tesla lied when they told city officials and state lawmakers that they were not considering any other location besides Downey. You can’t blame Tesla for accepting Toyota’s offer: after all, business is business and $50 million is an impossible amount of money to turn down, especially when you’re a start-up company. But Tesla didn’t have to lie about their negotiations with Toyota. They didn’t have to string Downey along like a puppet, to the point where city administrators were flying to Sacramento, testifying before lawmakers. READ MORE

  1. May 28, 2010 at 7:31 pm

    Elon is a predator! All successful entrepreneurs are! “From Predators to Icons” study tells it all…


    Here’s a review from Pulitzer Prize winner, Malcolm Gladwell:

    “In From Predators to Icons, Michel Villette and Catherine Vuillermot set out to discover what successful entrepreneurs have in common. They present case histories of businessmen who built their own empires and chart what they consider the typical course of a successful entrepreneur’s career. . . . The truly successful businessman, in Villette and Vuillermot’s telling, is anything but a risk-taker. He is a predator, and predators seek to incur the least risk possible while hunting.”—Malcolm Gladwell, The New Yorker, January 18, 2010

  2. October 8, 2010 at 6:37 am

    Real entrepeneurs, are not predators, Only the criminal element. However its not a good time in the world for common discoverers to make and market their designs, since the most significant element of the self imposed legal domain of the onebrand economy are predator puppets used by the world class mafia in their bid to own or control earths productive assets. Common mans property is considered their unredeemed property considering their beliefs systems stated consideration common man is descended from the ” Golem “, a creation of an ancient rabbi, chanting lost words from the kaballah over a pile of dust, created common man, to be a servant, slave, hireling, or gullible customer to buy illgotten wares.

    It requires the ability to design something original in your time, manufacture, and market it to discover the world of commercial predators, many of which are bankruptcy experts, whose main investment act is to gain control or try to copy the Golems company, or, via hostile takeover, bring it down through bankruptcy, incarceration, evict the original developer, but not before bleeding the assets, frequently, another company is constructed to make the newly designed goods.

    The scenario of criminality in the cartel of oligopolies that makeup the illfated attempt to bring the worlds assets under a one world government, and one brand economy would require volumes to describe, however since they are fueled by lust and greed, but lacking in intellectual merit required to pull off the details of; engineering design, manufacturing, materials etc etc. Most case scenarios illustrate they spend more revenue than they take in, requiring even more predation in securing loans, grants, and the like. Attempts to aquire the needed lost revenue, are vast, the initial method is through creative accounting, and borrowing. Once a certain level of infamy is acheived, the Stock Markets are a primary source of revenue. The stock exchange personnel are like themselves, simple, uncreative, but, predatorial to hide the insecurity of wanting to accomplish something but lacking the mental assets to complete the deed, they become the go-be-tween market investment or financial element, highly influenced by things like PR Stunts, and idle chatter, they can make a dollar out of 15 cents, however the self correcting market if left unattended by political intervention, and even then, the day of rekoning still arrives, much to the dismay, or not, of the real investor. Unfortunately this realm includes hardworking people investing in long term imagined safe investments, unaware the schemes of pension fund companies are long termed as well, Its like vegas ethics, at first you win, if you have cash reserves, but over time, the thrill of winning is offset by the agony of defeat, which always becomes the deciding factor in your demise, unless you belong to the gambling theft gangs that operate the gambling establishment, and even then, you can fool some of the people all of the time, but eventually the frequencies of awareness end the scam, and its off to the races to find another, theirs one born every minute.

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