by jonathankoren on 12/18/18, 3:44 AM
Whoa. So he's diverting employees and equipment from investor backed SpaceX, to a side venture where he owns
90% of the equity?
This is sketchy fiduciary duty. Right up there when he bailed out his brother's SolarCity by having Tesla buy it because every car manufacture needs to get into the rooftop solar business.
by woah on 12/18/18, 3:31 AM
by StudentStuff on 12/18/18, 3:15 AM
The Boring Company is on really shaky ground after the entrance cave in back on Dec 5th and construction setbacks. It'll be interesting to see if they survive, they're still in live or die startup mode.
by electriclove on 12/18/18, 3:26 AM
I'm glad SpaceX is private. There are legitimate concerns here but let the man build his tunnels!
by robertAngst on 12/18/18, 3:38 AM
I'm somewhat horrified by the constant struggles Musk's companies have with ethics.
Why is there a cult following when fraud and employee abuse is common?
by throwawaylalala on 12/18/18, 4:23 AM
I mean, its pretty clear he’s building all the tech to colonize Mars. Boring is an important part of that.
by synaesthesisx on 12/18/18, 3:18 AM
On the topic of The Boring Company, is anyone else going to the tunnel unveil event tomorrow?
by onetimemanytime on 12/18/18, 5:53 AM
Wait until Boring Co is bought by another Musk company like Musk did last time with that failing solar company.
by Eire_Banshee on 12/18/18, 3:26 AM
Isnt it a subsidiary of SpaceX though?
by keyle on 12/18/18, 3:33 AM
by m3kw9 on 12/18/18, 3:49 AM
I really believe Tesla, Boring and SpaceX is part of a grand strategy that will give Musk almost insurmountable moat.
by mr_toad on 12/18/18, 5:11 AM
It’s not like Musk hasn’t openly stated that the whole purpose of SpaceX is Martian colonisation.
What do they think The Boring Company is really for? And Tesla, and Solar City for that matter.
Perhaps if they aren’t smart enough to connect the dots they aren’t smart enough to be investing in high risk private companies.