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The biggest difference between car companies and tech companies is return on invested capital. According to that Tesla is somewhere inbetween a tech company an
by xiphias2 7y ago
The biggest difference between car companies and tech companies is return on invested capital.
According to that Tesla is somewhere inbetween a tech company and car company. Also it's the only car company that used software to substantially improve the performance of the car using software after selling it.
- benj111 7y agoROIC? Have you got figures because I just googled for Telsa, Ford and Facebook at that doesn't seem to be the case, albeit with older figures. Anyway at this stage Tesla are selling luxury cars to the converted, its unclear to me that they can keep doing that. Eventually they'll have to start selling to Joe Bloggs. https://www.gurufocus.com/term/ROC/NAS:FB/ROC-/Facebook https://www.gurufocus.com/term/ROC/NAS:FB/ROC-/Facebook https://www.gurufocus.com/term/ROC/F/ROC-/Ford-Motor-Co https://www.gurufocus.com/term/ROC/F/ROC-/Ford-Motor-Co https://www.gurufocus.com/term/ROC/TSLA/ROC-Percentage/Tesla%20Inc https://www.gurufocus.com/term/ROC/TSLA/ROC-Percentage/Tesla...
- formercoder 7y agoROIC is effectively useless for tech companies because they do not capitalize nearly enough R&D.
- C1sc0cat 7y agoHackers do this to traditional cars - you can turn a bog standard Audi A6 into almost a RS with some software mods an di think to be safe you beef up the suspension and brakes There Is of course the fabled Ford FBI chip that was used on FBI pursuit vehicles, knackered the engine life of course. I was told this buy a guy who worked at a Ford dealership.