“Legacy” is not a pejorative term, it’s descriptive. They have a dealer network. They have a parts counter. Their operations are the result of a 120 year legacy

“Legacy” is not a pejorative term, it’s descriptive. They have a dealer network. They have a parts counter. Their operations are the result of a 120 year legacy. Their valuation is based on longstanding economics of the automobile industry. I’m saying all this to draw a comparison against Tesla. Tesla doesn’t want a dealer network, or a parts counter, or a typical car company valuation. Buying a legacy car company is not in Tesla’s interest, because they don’t want to play by the rules (unwritten or written) that every other auto manufacturer plays by.