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They're dipping their hands into many fields. What is the basis for thinking they will do better than the established players? Why should I buy a house from Tes
by cultus 6y ago
They're dipping their hands into many fields. What is the basis for thinking they will do better than the established players? Why should I buy a house from Tesla when there are many mature modular home manufacturers.
In the past, many of Tesla's side ventures have been abandoned or not come to fruition. Why should it be different in the future?
- yazaddaruvala 6y agoYeah, that is a great question, and the only answer I have really is "faith". Specifically, "faith in Elon Musk". Which entirely depends on your risk profile and if your vision for the world aligns with Elon's and you (like him) are tolerant that your investment might hit $0. And frankly, for me personally, this wouldn't be enough for me to invest. That said, given that TSLA's startegy is much like AAPL and AMZN, i.e. vertical integration, I don't feel they are "dipping their hands into many fields", but I do agree with the sentiment that they are "challenging an ever increasing number of incumbents" and its unlikely they can outperform all of them at the same time. We will need to wait for TSLA's next 2 quarters to really know if they can sustain/grow their EPS. Which will be the only real test of "are they spreading themselves thin?" (compared with "spreading themselves thicc?").