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Because then BMW is also a tech company. Tesla is exempted from being a motor company for some reason, I can only think of it being Elon Musk's personal brand a
by forgetfulness 4y ago
Because then BMW is also a tech company. Tesla is exempted from being a motor company for some reason, I can only think of it being Elon Musk's personal brand as the cause.
- grumple 4y agoWell, they are at the forefront of two techs - batteries (which is more traditional engineering) and autonomous driving (which despite the problems, they are still known for).
- forgetfulness 4y agoOther motor companies are also investing in autonomous driving. It's just the nature of vehicles, they get more complex all the time. Toyota has announced that it will have autonomous driving by 2025. I'm not sure I believe it, but if the criteria is being working on it, would we be classifying Toyota as a tech company? Vehicles have air conditioning but that doesn't make motor companies appliance companies or HVAC companies either.
- grumple 4y agoI wasn't advocating for a position, just explaining that they clearly lead (or led) in two big technological advances. It depends on what the company's core value proposition is. Toyota's is clearly a car company. Tesla is now more of a car company, but there was a time when they had no or few cars but still had the battery and driving tech. Their valuation and promise was of bringing a new technology to the world, rather than a physical product.
- robertlagrant 4y agoMany traditional shops are investing in online shopping as well as Amazon. Does that make them all tech companies?
- forgetfulness 4y agoIf Amazon didn't make so much of its money off AWS, they wouldn't be tech companies any more than Walmart
- MrMan 4y agothe companies that make the batteries are tech companies, not the people who snap them together into a wiring harness, arguably