this post was submitted on 25 Oct 2023
264 points (100.0% liked)
Technology
37603 readers
503 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If the truth about your business hurts your business, you don’t have a good business.
Are you seriously suggesting that a company (tesla) that does 50 billion in sales is NOT worth three times the value a company that does 250 billion (toyota)?
The Tesla valuation is such a fucking joke. They are a "bigger" company that Toyota, Honda, or Ford despite not even doing a fraction of their outright sales, and likely making less on every single one of those sales. Their only advantage is that they were making electric cars before it made economic sense to make them. Now that everyone else is jumping in they are going to die on the vine because people can get a real EV that costs half of a Tesla and actually works.
Tesla DID have a chance of leveraging their early market presence by either introducing a higher quality or cheaper vehicle that could compete with their new competitors. Their existing presence could have captured enough of the market to stand against them if they had a product that was in the same league. Instead they made the fucking Cybertruck.
Right, so it’s a bad company, like I said.
You were today years old when you first encountered sarcasm on the internet, apparently.
What’s a sarcasm?
Socially acceptable way to be toxic.
Wait, what? Your comment doesn't read like sarcasm at all.