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1. Their market share there is many orders of magnitude lower than in auto sector. 2. Their investments in research there are basically 0, compared to big play
by justapassenger 6y ago
1. Their market share there is many orders of magnitude lower than in auto sector.
2. Their investments in research there are basically 0, compared to big players.
3. Even if they would magically capture large market there, it’s a business that operates on razor thin profits (expect for scams like Enron), that doesn’t drive high valuations.