Amidst controversy regarding Musk's reaction to short sellers of $TSLA stock and some missed deadlines and price projections regarding the Model 3, it's easy to think that Musk is a bit of a sore loser and there might be a bit more hype to Tesla than we may have originally thought.
...but I'm going to let you in a secret...go long on Tesla. Build your position now, because the 2020's are going to be massive for that company.
The evidence is stacking, and it seems to suggest that Elon Musk's long game is asteroid mining
Why might this be the case:
His companies
Let's think about what companies Musk owns. He owns Tesla, a 100% battery powered vehicle company, that is creating cheaper and cheaper versions of its cars. They, as he recently announced, are now moving into creating additional vehicles, the design for the compact SUV and semi-truck have already been released. What's to stop him from making a battery operated space rover?
Tesla could very easily, expand to creating other, more aeronautic vehicles, especially when you consider the second company that he owns. Space-X.
Space-X's mission is to create advanced rockets and spacecrafts. Need I say more?
Probably not, but I will.
Space-X, recently made the news because Musk decided to launch a rocket with a Tesla strapped to the outside of it; the rocket was supposed to be sent into Mars' orbit. There was a ton of talk about this event. Was it a publicity stunt (probably), was Elon trying to hide a dead body (not going to rule it out), etc. My speculation? He was doing weight tests. More specifically, testing to see how large bodies affect the projected trajectory of his rockets. The car being strapped to the outside of the rocket, it much like having ores from an asteroid attached to the outside of a rocket. By the way, he probably didn't "miss" Mars' orbit. Either a) they were never aiming for Mars' orbit--instead more interested in sending a car/sensor into the asteroid belt for recon purposes or b) it was sort of a win-win scenario. Either the car lands in Mars' orbit, we can get the information we need for our manned space flight to Mars, or we "miss" and get early recon for our next project.
Let's consider the 3rd company that Musk owns, SolarCity. Much of what limits space travel is fuel. We need to bring hydrogen, and we need a ton of hydrogen to leave the atmosphere. It is very possible that the advances from SolarCity can be used to create solar powered rockets, rovers, bases, etc. There's a pretty unlimited supply of Sunlight earlier on in the flight, this could be used to our advantage.
Lastly, and probably the biggest contribution to this idea. Musk's 4th company, The Boring Company. Musk literally has his own mining company. Do I really need to say more?
Leading into the 2020s keep your eye on Musk. Don't get shaken out now.
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