m not sure if you remeber Better Place… it flopped, after burning 1,000,000,000$ investment. (tha one billion dollars); whereas Tesla seems to be doing great, (especially here in Vancouver I see more and more on the roads).
If we look at the founders… they are both freaking smart:
Better Place was founded by Shai Agassi. The guy finished university by the age of 18. Most people don’t even go to university… and those who do start at 18, he finished it by then.
We cannot complain about motivation either, since he gave up his CEO “job” at SAP to do this.
Tesla is of course Elon Musk’s company. He’s rocket engineer smart.
So it’s not about brain power, or motivation.
It’s not about money either. Both of these people had made their money beforehand and didn’t start empty handed.
In comparison, actually Tesla was struggling with money and becoming sustainable as a business in the early days which would suggest it should be the one that flopped…
Better Place was able to raise tons of money.
I think Tesla’s success and Better Place’s failure may be explained with their different views on technology. Listen carefully to what Shai Agassi is saying on the TED stage: