Incredible. $Tesla (TSLA.US)$ announces that they will try t...
Incredible. $Tesla (TSLA.US)$ announces that they will try to get their production process up to industry standard after a decade of carmaking...and they announce it with pride.
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Ruby002 : I like it too!! With pride!
JaSpur Ruby002 : It's a remarkable business model...fail repeatedly, then claim that they are learning much more than the competition....Most inefficient use of capital ever seen outside of military procurement.
Terry Aakre JaSpur : Yep - All companies fail. Just need to learn the right lessons when you do. It makes you better. Kodak did not fail with selling kodak film rolls. But their business surely did anyway.
Alibabamascot JaSpur : "It's a remarkable business model...fail repeatedly, t"
Tesla is the fastest growing company in the history of the world.
blacklemontea Alibabamascot : How fast did Ford ramp from 1912 to 1922?
Leila Vue Ruby002 : Sounds like you're making excuses
OttoDyda : Maybe the rest of the industry should be emulating some of Tesla's practices. Then they might be able to grow 80% per year in 2021 like Tesla is doing instead of reporting fewer sales than they had in 2020.
Hunter Eagle OttoDyda : How many cars did Toyota make last year? Check how much TSLA spends in capex and ask yourself if the company is really growing as it should. The old "argue stats from a small base" argument doesn't wash now. They have had a decade and unlimited free money to learn how to make cars. Yet they still rush at every end of quarter. Why?