Re:Michael Burry warning of the biggest market bubble in his...
by MR4D on Wednesday June 16, 2021 @07:59PM
(#27534847)
But the marginal cost of an additional dollar of revenue for Google was close to zero - for Tesla it’s much higher.
Google’s lead grew as it grew (Metcalf’s law). Tesla’s won’t for the same reason that everyone doesn’t want to drive the same car (a the Model T issue). [0]
So we have seen this story before, but some people are attached to different points of it.
Google’s lead grew as it grew (Metcalf’s law). Tesla’s won’t for the same reason that everyone doesn’t want to drive the same car (a the Model T issue). [0]
So we have seen this story before, but some people are attached to different points of it.
[0] - http://www.autolife.umd.umich.edu/Design/Gartman/D_Casestudy...