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This was always going to happen. It was a matter of time for competition to come. Tesla having tech company valuation is ridiculous, since they have none of the
by enaaem 2y ago
This was always going to happen. It was a matter of time for competition to come. Tesla having tech company valuation is ridiculous, since they have none of the economic advantages typical of tech companies: easy scaling, network effect and user lock-in.
- cess11 2y agoThey also didn't have the knack for handling compliance, quality assurance and sophisticated supply logistics that the established car industry already has and would be necessary in the long term.
- tonyedgecombe 2y agoTo be fair they could probably have developed all that if they didn't have the distractions coming from the top.
- enaaem 2y agoYeah moving fast and breaking things does not work for car companies. In a software company if some programmers fix a bug, they (generally speaking) fix it for all users. For cars, you have to recall and manually fix all cars individually.
- AlotOfReading 2y agoA recall does not necessarily mean bringing vehicles into a shop. You can push OTA updates as a form of recall. You can decide for yourself whether that's a good idea though.