Posted:

October 29, 2021 12:28 GMT

“The point here is that when you have a new technology, improving that technology takes time,” the entrepreneur says.

Elon Musk, currently the richest person in the world, I was on the verge of bankruptcy 13 years ago, after investing all of its assets in its two companies, Tesla and SpaceX.

Video from 2008, his “worst year” life As the South African mogul once called her, she made a comeback on the internet and quickly went viral.

The “clip” was posted on Twitter, by the Tesla Silicon Valley Club account. Elon Musk discusses electric cars in 2008 as Tesla was about to run out of cashRead the description of the video.

Thus, the CEO of the electric car manufacturer joined the comments and wrote: “Wow, 13 years ago.”

During an offer Running his company, Tesla’s high-end Roadster and other luxury sports cars, Musk noted that “the point here is that when you have new technology, it takes time to improve on that technology.”

He also commented on the financial problems he was going through and joked that he was mainly working as a volunteer with a minimum wage. “Every penny that Tesla earns goes to develop other technologies,” he explained on that occasion.

He also responded to those who questioned vehicle costs and their relationship to helping the environment. “The crucial point is that you can only get into low-cost cars if you start with expensive cars,” he explained.

On the other hand, Shibitoshi Nakamoto, Dogecoin generatorcryptocurrency, supported Several times previously by Musk, he also commented on the post and praised the CEO of SpaceX for his accomplishments. “13 years ago I’ve been doing pretty decent damage as a ‘Shadow Priest’ in Wow [videojuego]But I think you accomplished more in that time.”