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Tesla isn't a mass-market software/online-services business. They manufacture, which means a lot of capital going into factories and a lot higher of material-in
by fennecfoxen 4y ago
Tesla isn't a mass-market software/online-services business. They manufacture, which means a lot of capital going into factories and a lot higher of material-input costs, and they're kind of a high end brand.
This gives their business different performance characteristics from Facebook (mass market social-media and ads), Amazon (mass market sales and logistics), Apple (which is at least slightly luxury, but contracts out its manufacturing, and does mass market hardware — look at that iPhone sell), Netflix (mass market entertainment), and Google (mass market search, mail, advertising).
- postalrat 4y agoAmazon and apple probably both have more capital invested in factories, warehouses, etc than Tesla does. Apple is also kinda a high end brand. They seem a lot more similar than different.
- fennecfoxen 4y agoYou might be thinking of contract manufacturers like Foxconn.