Comment by mr_mitm

1 day ago

There is an entire Wikipedia article about Musk's (mostly) failed predictions: https://en.wikipedia.org/wiki/List_of_predictions_for_autono...

Neat.

It's a bummer though that it's limited to Telsa. Would love to see a fuller one of his all bold statements about robotics, tunnel transportation, space travel, and AI.

At what point is it fair to call the list something other than ‘predictions’

  • s/Predictions/Ketamine-and-adderall-fueled ramblings

    • I think they mean grift or even fraud, since they were definitely meant to attract investment.

      Now excuse me while I go check on where my 2016 full-self-driving Tesla car. It was supposed to pick me up 9 years ago, something must have happened.

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  • I guess when people stop believing them. Until then, they're words from a visionary that's building the future, who can get some things wrong / be over zealous etc. When people stop believing him, they become lies.

  • According to the article, a court would call this "corporate puffery", but to me it's nothing but lies and grifting.

    • To be "mere puff", the claim needs to be so obviously untrue that no reasonable bystander would suppose it to be meant literally.

      But Musk often acts as if he does actually intend to be taken seriously. In the case of the current story, consider the marketing resources Tesla have poured into their previous "Battery Day" events and look at the press reaction; it's clear that at least some people believed that the claims stacked up.

      A quick search of the hn archives for "4680" shows a similar picture. Yes, there were always some sceptical voices, but they were often shouted down as being from people motivated by an anti-Elon grudge. Nevertheless, the sentiment tended to be overwhelmingly positive with many posters actively reinforcing the hype.

      Now, whether or not a self-selecting sample of hn posters can be seen as "reasonable bystanders" is certainly debatable - but it does seem that we're getting close to the point where Musk is going to have to start branding those who believe him as being exceptionally gullible in order to escape a charge of misleading advertising.

I had no idea this existed, that's pretty damning.

The question - is Musk lying on purpose, or is this more 90-90 rule where he made (obviously wrong) assumptions based on current progress?

  • If he himself believes he can achieve his off-the-cuff deadlines or not doesn't matter for the rest of us: he already proven himself to be a fabulist, and after so many failed predictions, should know better than to air them in public, especially as he must be acutely aware that making such claims inflates his and his companies' net worth, and hence has legal implications. Only he cares not about those, as none of his past misdeeds had any serious consequences to himself.

    • Somehow his company is worth ~1.6 trillion dollars, with most of that valuation being confidence in his predictions. He is predicting humanoid useful robots soon. Tesla's valuation defies reason

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  • How about the possibility that the cost of lying is less than the capital gains that can be realized by lying about it? EM was only fined $20 million when he said he had secured funding to take the company private at $420/share [0]. The stock bounce from that "news" was in the billions.

    As it stands, he can get a trillion dollar pay package if a something-trillion market cap target is hit.

    https://arstechnica.com/tech-policy/2024/04/elon-musk-loses-...

    • Yes, that's the problem. The fines for his actions should have been at least a hundred times greater, maybe a thousand times greater.

The best counter argument to that is that he did manage to predict/make into reality electric vehicles (when going into that industry was crazy) and reusable rockets. If someone makes a thousand moonshot attempts but still succeeds with two that's impressive.

  • Electric vehicles were the first types of cars invented.

    Musk also bought into Tesla.

    So its not like he invented some kind of alien technology.

    It was always about having good enough marketing to permit 10 years of R&D to make the car actually attractive.

    • Nobody with any knowledge at all is claiming that Elon Musk invented electric cars.

      The simple truth is that he made electric cars viable competitors to gas-powered cars. His genius is not that he invented them, it's that he profitably manufactured decently reliable cars for a price that lots of people found attractive.

      You can try and dismiss it as "marketing," but things like the Gigapress and FSD/Autopilot are impressive technical achievements in their own right. Even more impressive is that he built up a new car company that didn't fold and has had the best selling car in the US for significant chunks of time.

      I don't like the guy, I think that FSD is dangerous, and I will never buy a Tesla for as long as he's in charge, but it's crazy that so many people feel the need to discredit his achievements. Sure, he benefited from selling carbon credits and EV subsidies, but if it were such an easy thing to do why did it take so long for anyone else to sell a good EV?

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  • Something is missing here. Once you get two moonshots done, you have free pass to claim anything any number of times with zero results? I cannot agree.

  • > he did manage to predict/make into reality electric vehicles

    I miss the morning delivery of milk to the doorstep. And the milk carts that used to deliver it

    https://en.wikipedia.org/wiki/Milk_float

    • Likewise, but those were famously slow. Might have been expandable into other delivery vehicles, but neither the batteries nor the motors were up to being commuter vehicles… well, possibly electric bicycles back then, the European Blue Banana* was better positioned than much of the world to commute by bike, but not much more than that in performance or geography until much more recently.

      * https://en.wikipedia.org/wiki/Blue_Banana

      2 replies →

  • [flagged]

    • Traditionally it’s TWO minutes of hate at a selected government target after your morning exercise program. To do otherwise is wrongthink

  • Reusable rockets are a rehash of old tech that was considered - at the time - not economically feasible; Given how subject to interpretation spacex commercial numbers are, there is nothing indicating a clear cost or efficiency advantage compared with traditional launch systems so far. What we clearly know is that using software development methodologies to building critical hardware is as a bad idea as it sounds.

    • I’ve got as much of a distaste for Musk as anybody else these days, but SpaceX’s methodology has if nothing else netted them velocity and turnaround times that no other company or governmental space agency has been able to hold a candle to thus far, and do it with a very low failure rate. They’re clearly doing something right.

    • Weird hill to die on in 2025

      If you had said this in 2015, we would be nodding along

    • tbh, it still isn't economically feasible. spacex 'cheated' to achieving reuse by just making the the entire plumbing and engine assembly bolt-on to the lower stage on F9 and they just replace that every time one is 'reused'. to my knowledge, they still haven't reused an engine without either replacing the nozzle, turbopumps or both, which are so expensive that reuse might actually cost them more money in the end for the benefit of faster turnaround times in years where launches are booked heavily.

    • There is no “subject to interpretation”. The costs they charge for launches are lower than any other provider by a significant margin. And fundraising docs have shown many times that the Falcon launches make money and Starlink was just starting to make money about 1.5 years ago.

      > What we clearly know is that using software development methodologies to building critical hardware is as a bad idea as it sounds.

      This methodology is what provides high speed, low latency internet to the South Pole and every other spot on earth allowed by regulatory.

      5 replies →

The only one that actually came true out of the long list was a 'prediction' he made about something happening in the same month.

"Predictions" feels like the wrong word for what a CEO is saying his company is intending to deliver.

Actually a very interesting article! Didn't know he'd been selling this lie for so long.

'failed predictions'

I am an old man.

In my youth we called this lies. Or investor deception.

Some would even go as far as calling what he claims fraud but hey...

  • When the weather forecast said it would rain on Friday and it didn’t was that also called a lie?

    • If the input to the weather forecast is mostly /dev/random, then yes, that is called a lie. There is a very big difference between modelling chaotic systems and providing random noise.

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    • Weather forecasts are a best-effort.

      CEOs should have a reasonable grasp of what's possible for their team on a given short/medium timeline.

      It won't be perfect but should be ballpark.

      Elon and those like him make these statements with no reference to realistic project delivery timelines, business capacity or anything else - despite having all of that information readily available.

      That's not a best guess, it's making shit up.