points by iknowstuff 1 day ago | 0 comments
1. compare debt, tesla is cash rich while old OEMs are saddled with debt
2. compare growth opportunities, ie https://www.tesla.com/robotaxi - rollout is going well, and every cybercab produced nets what ? $25k/year? $75k/year? vs $5-8k once per car sold?
[–] abustamam 1 day ago
[–] FabHK 22 hours ago
Just like WeWork is not a real estate company, but a technology company that does real estate. They had nearly $0.5m net income in 2016, but presumably the future is bright.
[–] abustamam 5 hours ago
Well sure, two things can be true though. I don't know much about the rise and fall of WeWork (I honestly didn't even think they were still around or relevant) but a fleet of inexpensive autonomous taxis in markets that have pricey uber fares seems like an incredible growth opportunity
I don't know if robotaxi will take off, but if it does, it massively undercuts Waymo because the vehicles are just so much cheaper to make and are made in house.