I don't want to forget to congratulate Elon Musk. He tried and failed, more than once. But he got back up and tried again.
Of course, he was smart enough to hire excellent young American engineers. Not Ivy League finance majors. But smart young engineers from America's strong engineering colleges, like Rutgers. They make real stuff happen.
He's also smart enough to be a welfare king and work off taxpayer money, He's an interesting guy of course but like a lot of other geeks hasn't made much profit yet.
"Elon Musk's growing empire is fueled by $4.9 billion in government subsidies"
"Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space.
And he's built those companies with the help of billions in government subsidies..
"He definitely goes where there is government money," said Dan Dolev, an analyst at Jefferies Equity Research....
Tesla and SolarCity continue to report net losses after a decade in business, but the stocks of both companies have soared on their potential; Musk's stake in the firms alone is worth about $10 billion. (SpaceX, a private company, does not publicly report financial performance.)
Musk and his companies' investors enjoy most of the financial upside of the government support, while taxpayers shoulder the cost..."
At least Trump uses bank money.
http://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html