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This is a common occurrence in business even if ugly. Similar circumstances happened to Tesla with Mobile Eye and Google, FB, Microsoft do this regularly. Poten
by wand3r 10y ago
This is a common occurrence in business even if ugly. Similar circumstances happened to Tesla with Mobile Eye and Google, FB, Microsoft do this regularly. Potentially it did come up and he was mislead to make the sale, maybe their strategy changed or something in between.
I mean, Tesla was started as AC Propolsion and the CEO was fired, although fairly different circumstances. Either way, when you sell you sell control.
- FullyFunctional 10y agoKindly fact check; when Tesla started, they bought technology from AC Propulsion, but it was analogue and for various reasons they ended up having to reimplement everything themselves from scratch. AC Propulsion is still around AFAIK.
- wand3r 10y agoYep, faulty memory. Still similar point though: Elon Musk bought in to Tesla and fired one of the founders. Obv, a Lotus Chassis and a car kit is much different than the product now but once you sell, you give up control. AC prop still exists. You were correct