rRawkus
rRawkus t1_iy1uivk wrote
Reply to comment by TheCapitalKing in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger
Haha! I meant they make money and don't give it to anyone.
rRawkus t1_iy1rpbm wrote
Reply to comment by TheCapitalKing in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger
Those guys make profits, they just don't give it to anyone.
rRawkus t1_iy1qu0r wrote
Reply to comment by sqgeafvfasvefvfevfsa in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger
I'll met you in the middle, they build batteries with a computer attached, that they then manufacture in a car plant. Also, they sell them as cars to people, that buy them for transportation. The tech that goes into these cars is no better then what all the other auto manufacturers have already figured out. There is no competitive moat anymore for Tesla, or other EV startups.
rRawkus t1_iy1p4qk wrote
Reply to comment by VerticalRadius in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger
Right. Nothing innovative to see here. the iPhone of cars, so when the battery dies you get a new one. Planned obsolescence. I believe GM first did this, or at least admitted to doing it.
rRawkus t1_iy19zfi wrote
Reply to comment by darkspd96 in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger
Bingo.
rRawkus t1_iy19aes wrote
Reply to comment by themiracy in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger
It's a bag I don't mind holding long run.
rRawkus t1_iy159a3 wrote
Reply to comment by sqgeafvfasvefvfevfsa in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger
I work in tech. They are not tech companies.
rRawkus t1_iy0gb6a wrote
Rivian, and likewise Tesla, are auto manufactures, not tech companies. The whole market is regarded about how these companies should be valued.
rRawkus t1_iubui1o wrote
Reply to Everyone here right now by ozzymustaine
$600 M in a few weeks. Epic. Keep going Ye!
rRawkus t1_iy1v6rg wrote
Reply to comment by VerticalRadius in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger
So what are you talking about?