Re:Tesla Surges Above $500, Leaving Analyst Targets in the Dust
by Alex3917 on Monday January 13, 2020 @11:38AM
(#22035941)
> You may think itβs the future, but to justify such a valuation over all other car companies which have been operating for years
Operating for years is a cost, not a benefit. TSLA can hire all their most experienced engineers, without the cost of paying pension benefits to their former employees. It's the same playbook that JetBlue used to beat the existing airlines, by poaching pilots from other airlines without paying for their training or funding their legacy cost structure.
Operating for years is a cost, not a benefit. TSLA can hire all their most experienced engineers, without the cost of paying pension benefits to their former employees. It's the same playbook that JetBlue used to beat the existing airlines, by poaching pilots from other airlines without paying for their training or funding their legacy cost structure.