News for hackers. Stuff that matters.
Re:Apple tried to buy Tesla for more than it’s currently wor... by sephlietz on Tuesday May 21, 2019 @11:29AM (#19971018)
Is this meant to be parody (car => phone) or real? I honestly don't know, but if it's not parody, then I'm super curious about "no money in making cars" part.
Re:Apple tried to buy Tesla for more than it’s currently wor... by svachalek on Tuesday May 21, 2019 @05:47PM (#19975430)
I don't know if it's perfectly true or not but the common wisdom these days is there's "no" profit in making stuff. Cars, airplanes, toys, clothes, whatever. The "real" money comes from locking in some kind of monthly payment, whether it's a loan or a service plan or insurance or whatever. If they can't do that, they want to collect your data and sell that on an ongoing basis. I hear GM and some other car companies essentially use cars as a way to sell loans. No matter what you buy now, everyone wants to build a "relationship" (money pipeline) with you.