PANDEY: The kind of groundbreaking, futuristic innovation Musk has accomplished seems to demand an enormous appetite for risk โ or at least a very high ...
The seeming double standard is a function of a subtle yet crucial distinction in securities law. KRAMER: NASA is relying on SpaceX and its culture of risk to get people to the moon. MUSK ARCHIVAL: Some of the smartest people in history have said, have, have, have thought about it and said like free speech is important for a healthy democracy. DREIER: And what SpaceX has been able to do is normalize experimentation, normalize failures in a controlled way, right? Right now, the company is working on developing its Starship rocket in Texas and that involves blowing up a lot of hardware. Some states have decided they wanna lead in this technology, but what happens is when you have a patchwork of laws, that there's really no clarity on what is safe and what is not. So what you had is a real lack of leadership in the regulatory offices to govern this technology. I visited a lot of factories and most auto plants have a safety culture that includes rules for forklift operators and other drivers inside the factories. NHTSA is the government body that regulates Tesla and the rest of the auto industry for safety. So you don't know when someone is driving a Tesla by you whether that software is engaged or who's driving the car. PANDEY: In this episode, we lift the hood on two of Muskโs companies: SpaceX and Tesla. Heโs done this with rocket launches and with the rollout of Teslaโs self-driving software.