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Do you actually know the scale at which car companies invest? Or do you just pretend to know that they "fail to invest" because that sounds fun in relation to T
by idiot_stick 10y ago
Do you actually know the scale at which car companies invest? Or do you just pretend to know that they "fail to invest" because that sounds fun in relation to Tesla?
- JetSpiegel 10y agoIf they have profits, by definition they are not investing enough.
- idiot_stick 10y ago>If they have profits, by definition they are not investing enough. So nobody deserves a return on risked capital? That's insane.
- allenz 10y agoThe other aspect is that investing isn't the end of the story. Nearly all car companies have made investments in green energy--but which are likely to produce results and win the market? Tesla is expected to execute better because it hasn't just set up a department to prototype EVs. Tesla is dedicated to EVs. The company is built on the technology. That results in a lack of legacy distractions, faster iteration cycles, effective vertical integration, and a wholly different culture and brand. It's a classic startup disrupting incumbent story. It isn't a sure thing, but it's enough to make Tesla very valuable.