Re:BMW CEO to quit after carmaker loses early lead in electrics
by matthewdgreen on Saturday July 06, 2019 @05:38PM
(#20372131)
As I said above, it really doesn't matter whether Tesla survives long term. Just as it doesn't matter to the cellphone industry whether Nokia survives, or to the PC industry whether IBM, Apple and Commodore survived. Tesla built the product that proved the consumer demand existed today. BMW (and other manufucturers') strategy was predicated on the idea that large-scale consumer demand was years away. Tesla made that strategy obsolete.
Investors can lose their shirt on a viable company. Just as they can make bank on a company that's a flash in the pan. Investors can often make money on companies that are actually failing and going to fail. There is probably an correlation between how hardball the company plays it's investors and the companies ultimate viability.