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IPFS News Link • Business/ Commerce

Lawrence Solomon: How Tesla's Elon Musk became the master of fake business

• arclein

The fastest-growing industries over the last two decades have been fake industries, those that thrive despite having few customers willing to buy their products except at fire-sale prices. The fake industries all have the same angel investors ?" governments ?" and the same promoter touting their wares ?" again governments. These fake industries, the brainchild of subsidy entrepreneurs, also tend to be dazzlers, the better to wow their politician backers and the stock market speculators betting on cash flows


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