Look how hard it was for Tesla to build cars. the Capex businesses are notoriously unattractive for VCs. I suspect that it will take some other innovation to m

Look how hard it was for Tesla to build cars. the Capex businesses are notoriously unattractive for VCs. I suspect that it will take some other innovation to make this worthwhile to fund. Right to repair is not innovation, its just a single feature change, so nobody cares to solve it. It generates complaints, but probably doesn't hurt sales. At some point, maybe electrification will be that innovation. Or maybe form factor? but, JD is not ignoring product development, they just have expensive spare parts. A data point I never see is what JD reliability is like. Toyota has expensive spare parts compared to several of their competitors, but they are also very reliable. If JD's DRMs and expensive parts are concomitant with reliable tractors, then maybe this issue is really just interesting to techno libertarians and not actual farmers? I don't have any sense for the size of the JD repair market.