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This is why big incumbent car companies will lose against people like Tesla. The amount of organisational energy and capital required for a project like this is
by calewis 7y ago
This is why big incumbent car companies will lose against people like Tesla. The amount of organisational energy and capital required for a project like this is huge, and it's pay off..? Not so sure.
- akerl_ 7y agoThis is exactly the kind of project that Elon would announce. Things with high upfront cost, nebulous goals of improving the state of the art for technology, and a gamble on future payoff, are essentially the checklist for Elon Musk projects. Now, there’s potentially a worthwhile discussion about why Elon has seen more success with these kinds of endeavors than larger incumbents have seen, but it’s exactly an Elon-style project.
- erikpukinskis 7y agoCan you name a big ambitious investment Tesla has made with a nebulous goal?
- jelliclesfarm 7y agoGood question, but my first thought was to ask what is nebulous about this project. It has clearly stated goals and Toyota has identified tech and capital.
- dredds 7y ago"SolarCity" ...city... “People do not understand the magnitude of the business," Musk said. "Solar will be the single largest source of electricity generation".
- Agathos 7y agoThe SolarCity acquisition.
- akerl_ 7y agoI was talking about Elon’s overall portfolio, of which Tesla and SpaceX are both examples. But if you’re specifically curious about Tesla, I’d point out that Tesla’s mission was to give everybody an electric car, and they decided to start from ~“make a crazy fast electric sports car” and go from there. Along the way, some ancillary nebulous goals ~“also become experts in building our own batteries” and ~”also solar for everybody’s homes”.
- erikpukinskis 7y agoThose goals all seem very concrete? What does nebulous mean to you?
- aguyfromnb 7y agoTunnels under cities to decrease traffic?
- erikpukinskis 7y agoThat’s not Tesla, nor is it a big investment. Boring Co is funded by merch and client work.
- jelliclesfarm 7y agoI was thinking that China will likely make the next announcement to follow this. And likely complete it before Toyota.