Or Blue Origin trying to patent rockets landing on floating platforms and then suing SpaceX. At least we are soon coming up on the 5 year anniversary of the first successful landing!
it is interesting to see all the justifications people are giving for Tesla's completely irrational valuation
Solar Roof/Solar Energy -> Solar City was going bankrupt and had to be bought by Tesla to save Musk's cousins (Rive) and his ownership stake in Solar City
Electric Cars -> Check out what is happening on Europe. People keep saying Tesla is doing very well in China, without understanding that Tesla has a very small share of China and BYD is the largest EV maker in China
Battery Storage -> So something that is a very small share of Tesla revenues will magically one day become a massive business?
It's one thing to say - It will add $50 billion to the company
Completely different thing to say it will add half a trillion
Self Driving and Robotaxis - This has been the dream for the last 5 years
Tesla said 1 million robotaxis by end of Dec 2020
Where are they?
The combination of messianic leader who claims he is doing it only to save the planet and the human race
combined with Fed printing money like its going out of fashion and investors desperate for returns
This: am also suspecting that the level-off will happen one layer higher. I.e. the economic relevance of the current incumbents within the US economy will not drop, but the global relevance of the US will. For a perspective, you can look at the German economy that is dominated by companies founded 100+ years ago.
Because US government is getting in bed with Amazon, Google, Facebook
it is causing a double effect
A) They are letting them keep growing their monopolies in return for surveillance of Americans and non Americans
Which makes them stronger
B) US innovation is slowing down
For Example: Now most of US technology is around showing ads, surveillance, and basically treating people like stupid ATMs
They might be able to make it work for another 10 to 30 years, and then there will be big breakdowns
A good example is what is happening to Amazon in countries like China and India
In particular -> It occurred to me that in some situations, it might actually be more efficient _not_ to batch. The complexity of attempting to batch at the warehouse must be very high, and take up quite a bit of warehouse space, and slow down dispatch significantly.
How is this different from Amazon or Wal Mart -> This is a business built on top of cheap Chinese goods, subsidized shipping and low customer expectations. High transaction volume with very low margins, and totally exposed to the winds of international trade policy.
Reference: Amazon lawsuit against Pentagon for Azure contract
Reference: Amazon lawsuit against Future Retail
etc
etc