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"Tech" companies here encompasses quite a broad list of markets. Just because Apple and Amazon managed to upend expectations doesn't mean that Tesla will. Most
by kaesar14 5y ago
"Tech" companies here encompasses quite a broad list of markets. Just because Apple and Amazon managed to upend expectations doesn't mean that Tesla will. Most of these gigantic technology companies are software companies that have incredible profit margins and really hard to disrupt market positions. Apple is unique in that it manages to sell a premium product with premium pricing without it affecting overall demand with the best-in-class product differentiation that the Apple brand is known for.
Yes, Tesla's managed to do something somewhat similar, but will that continue to hold? Even as automobile competitors finally wake up and start competing on electric cars? Will they become the largest automaker in the world? Tough questions to answer.