Palantir Co-Founder Peter Thiel On How Elon Musk Conquered Both Automobiles And Space—And Why He'd 'Never Bet' Against The Tesla CEO

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Palantir Co-Founder Peter Thiel On How Elon Musk Conquered Both Automobiles And Space—And Why He'd 'Never Bet' Against The Tesla CEO - Benzinga

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What Happened: In a conversation with Jason Calacanis, Thiel explained that Musk succeeded partly by choosing “weak competition.”

He noted that while traditional car companies and the U.S.aerospace sector had “barely innovated in 50 years,” Musk entered these industries with strategic foresight.“If you’re going to start a search company, that would be tough because Google's a really tough company… going up against General Motors… and Lockheed, you're at least picking pretty weak competition,” he stated.

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