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So are you saying that car-making is a natural monopoly solely because of the unions? <half-joking>
by piotrkaminski 3y ago
So are you saying that car-making is a natural monopoly solely because of the unions? <half-joking>
- troupo 3y agoNo, I'm saying that it's very hard for competitors to emerge in this space, unions or no unions. Tesla took 5 years to produce its first car, and another four years to produce a second one. And it took them 17 years to break even: https://www.statista.com/chart/26705/yearly-net-income-and-revenue-of-tesla/ https://www.statista.com/chart/26705/yearly-net-income-and-r...