3 ms·
network effects and the broader value network are the big ones. without creating and then exploring that network, you're just a hot new product until someone e
by red-iron-pine 3y ago
network effects and the broader value network are the big ones. without creating and then exploring that network, you're just a hot new product until someone else catches up.
put another way, it's not just making cars, it's making the ecosystem. every phone after the iphone was trying to be the iphone, for example.
for Tesla, it would have been something like getting charging stations everywhere, and getting the 3 price so low that they become ubiquitous. then the Hertz buy might have made sense, you'd see taxis everywhere switching (and they kind of did in some cities), and stronger adoption outside of tech-bro cities.