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.””
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.
Align profit with sustainability.
Themes
Mood
Type
When to use this quote
- venture capital
- policy making
- corporate strategy
Key Concepts
Questions to Reflect On
- How can profit be tied to environmental goals?
- What incentives drive real change?
Moral motives may not sustain long‑term growth.