The most optimistic sober analysis says they won't need more capacity for years. Then Musk said they don't have enough talent to build both platforms. Is Musk really saying Tesla is incapable of building two existing models at the same time? Astonishing.

I'm not saying anything about their CEO, but I will say that there is a human psychology "hack" where you promise something just far enough out in the future (1-2 years) that it is outside of the bounds typical memory. Then you do this so frequently that it swamps the collective memory and any ability to track what you're saying.

In corporate middle management in tech it's great skill to be able to sniff this out, because there is this kind of archetype of person that habitually promises big things and visions, but habitually fails to deliver. Making an strategy that relies on people like this is to be avoided. It's not ideal to project personality traits or motives onto them, and always better to presume positive intent. My experience is that it's mostly well intentioned aspirations mixed with self interest, and just a lack of competence to deliver on a vision. However, it is possible for it to be used maliciously, to constantly distract people and avoid accountability.

The site elonmusk.today: Elon Musk Today and things like it track the various things he says over time. The weight of it, when you look at how much he's said and how much was not done, is substantial.

It has been a good investment to own TSLA and SPCX over time, so there is perhaps an argument that he says whatever he wants, and one just has to trust the master plan. I think this presumes too much good faith that he views his public shareholders as part of his plan, and they aren't also pawns. But one can't argue with his track record so far, either. That's what makes his companies a hard call for investments. Good luck.