The idolatry of Elon Musk is interesting to some, but it seems somewhat concerning…why do we persistently forgive his faults?
While he can boast the achievements of Tesla, SpaceX and Solar City, he is equally responsible for a range of failures and shortcomings.
There is a belief that his company's achievements should offset his personal and business failures
Elon Musk’s various successes in technology have been counterpointed with numerous missteps over the years.
Despite many missteps, and a mixed success rate across his businesses, there are still legions of Elon Musk supporters.
The idolization shows no signs of letting up, though the question remains: should it?
Venture capitalists love to talk about how six failures are necessary to achieve one massive success. Yet, Musk has fails of both types - good and bad.
Everyone has heard about Musk's successful enterprises, but what about the bad ones? Including mismanagement, poor decision-making, fraud and malfeasance, his ventures such as PayPal and Tesla have stumbled.
To consider giving money to Musk's next venture, one must believe he can separate himself from his somewhat disastrous track record.
His unpredictability, impulsiveness, and preference for his own benefit lend an air of risk to any investment possibility.