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I never see stories about Ford's current lawsuits, or GM or Chrysler. I'm curious what goes on behind the scenes to get stories like these published and pushed
by Lendal 7y ago
I never see stories about Ford's current lawsuits, or GM or Chrysler. I'm curious what goes on behind the scenes to get stories like these published and pushed out onto social media sites across the globe. Must be a pretty expansive operation because I see it every week, same stuff week in and week out. Is it true that other companies don't have disgruntled employees? I find that difficult to believe.
- camjohnson26 7y agoIf Pablo Escobar’s brother ever threatens Ford with a lawsuit over flamethrowers I guarantee it’ll make the news. Tesla gets more coverage because Tesla has a more dramatic story.
- GuiA 7y agoThe CEOs of those companies aren’t committing securities fraud or insulting random people on Twitter, for starters.
- rcMgD2BwE72F 7y ago>aren’t committing securities fraud Please elaborate.
- grecy 7y agoThere are trillions of dollars at stake in the auto industry that Tesla is trying to seriously disrupt. There are trillions of dollars at stake in the launch industry that SpaceX is trying to seriously disrupt. There are trillions of dollars at stake in the ride-share/taxi industry that Tesla/Elon is trying seriously to disrupt. There are a lot of people who are working very hard to paint a very negative picture of Elon/Tesla/SpaceX right now. It's amazing that stories like this make headlines while the news that the Tesla Model 3 is outselling every other electric vehicle combined doesn't make a blip. Follow the money.
- MegaButts 7y ago> Follow the money And yet if you do this at the actual companies (SpaceX, Tesla) or industries (rideshare) you mention, most traditional economists will tell you they have questionable futures based on their balance sheets (all of them have been consistently losing extremely large amounts of money for years) and some believe they will actually go to zero. So by following the money, it's not hard to see why some would think these companies are overvalued.
- joshuamorton 7y agoOver what timescale? United Launch Alliance, SpaceX's main (only?) competitor pulls in a few billion in revenue a year. Profits are well under $100 million, so we're talking Trillions over a couple thousand years. Arguably, if we're disrupted into a spacefaring species, this could change, but there's physical problems with that. You might be correct about rideshare/taxi industries over a 100 year timespan or something, but not before Elon dies. So that leaves car industries. Which are the closest, but EVs aren't going to take over any time soon, and other carmakers are better at logistics than Tesla, and that's the important part.
- rcMgD2BwE72F 7y ago>EVs aren't going to take over any time soon, and other carmakers are better at logistics than Tesla, and that's the important part. Ask Norway.
- Fins 7y agoIt's quite unlikely many other countries are going to go quite as far disrupting natural pricing to make Tesla look almost affordable as Norway did.