Re:Why companies lose their best innovators (2019)
by hedora on Sunday July 19, 2020 @11:13AM
(#23889879)
Tesla is plowing all their profits into R&D, and is well on the way to eliminating conventional car companies, dealership networks, power generation and transmission networks, the entire roofing industry, and will not stop there. Assuming they acquire spacex, they’re likely to own a big chunk of telecommunications, and mining operations moving forward. There’s also the Boring Company, which could take a big chunk of tunnel construction.
They’re also doing more to help the environment than any other corporation (and probably government) on earth.
They’re also doing more to help the environment than any other corporation (and probably government) on earth.
But, yeah, their quarterly profits kind of suck.