Elon Musk and the Cost of Technological Advancement

Elon Musk understands what it takes to make a major technological advance succeed — buy-in from a majority of companies and consumers in the marketplace. Today, Paul, Evan, and Arlene talk about why Musk’s companies work as open-source and share as much of the intellectual property around batteries and rocket thrusters as possible. Listen along as Paul explains how this benefits both the economy and Musk’s companies, and as Evan helps investors understand that the cost Tesla and SpaceX incur on research and development will benefit thousands of companies that were able to avoid those costs. Later in the episode, the advisors talk about how four former employees sued the company they worked for because they don’t like the return in their 401(k).

 

For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.