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Agreed. This is a R&D heavy venture, hence the capital expenditure is high too. How can one fail to capture the fact that their intellectual-property portfolio
by pbhowmic 9y ago
Agreed. This is a R&D heavy venture, hence the capital expenditure is high too. How can one fail to capture the fact that their intellectual-property portfolio is a store of their value, as are the factories and the market lead they have not just in self-driving EVs but in batteries & solar tech. This is one of the dumbest articles I have read in a long while. Money spent on NOT money up in smoke. Somebody give this guy a crash course in corporate finance.
- nCwLABXpfJLz 9y agoWhat market lead in self-driving EVs? Their lane-keep that occasionally veers out of the lane? The market leader in self-driving EVs is Cruise, and if you take away your EV qualifier, it's Waymo. The NUMMI factory is worth little. Automakers are unlikely to want to repurchase a CA factory due to all the regulations they would have to deal with. What solar tech? Solar City was an installation company, which Tesla bailed out and has been winding down. The solar freaking roof thing doesn't even exist yet--Tesla's reveal was a bunch of fake solar shingles. People will very generously give Tesla all kinds of benefit of the doubt, but these people might soon realize they don't know what they're talking about.