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Business Quote by Ashlee Vance

“People had thrown money at green technology because it seemed like the right thing to do, not because it made business sense.” quote by Ashlee Vance
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““People had thrown money at green technology because it seemed like the right thing to do, not because it made business sense.””

Ashlee Vance

About This Quote

Source Book: Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, 2015

Investors funded green tech for moral reasons rather than profit, leading to misaligned incentives.

In simple terms: People supported green tech for image, not money.

Key Takeaway

Align profit with sustainability.

Themes

investment green technology motivation

Mood

critical analytical

Type

non‑fiction business

When to use this quote

  • venture capital
  • policy making
  • corporate strategy

Key Concepts

ethical investing market dynamics sustainability

Questions to Reflect On

  • How can profit be tied to environmental goals?
  • What incentives drive real change?
A Different Perspective

Moral motives may not sustain long‑term growth.

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