Tesla showroom torched in France with £550k of cars destroyed
The Tesla showroom in was set ablaze in the early hours of Monday, destroying 12 vehicles worth a staggering £550,000 in what authorities are treating as a deliberate attack.
A Tesla dealership in southern France went up in flames during a suspected arson attack as backlash against Elon Musk's EU 'meddling
- Thread starter Hurder
- Start date
They are not good, the new cyber truck was big failure and the Chinese electric cars outperform them in every bench mark especially price. But ofc they are banned in the us, the free capitalist country.
It's garbage, a friend bought one and it's falling apart. Pure electric vehicle isn't what it seems, I prefer what china is releasing, hybrids that also have fuel tank and a generator to power up your battery.
The alchemist
VIP
Tesla was bound to eventually lose its world market share, initially only capitalizing on first mover advantage. I suspect they will do what Nvidia did, capitalize on data systems, delve into specialized cars as a side venture, and monopolize information system process management and software product data compartmentalization efficiency solutions that is in higher demand. This means you will see electric cars of other companies take over the central share of standard vehicles.
The thing we call capitalism has gone through several transformative configurations; it's well within a new phase:
Space X is an excuse to build technology. The process of building space ships makes you a holder of a lot of patents and repurposing of novel systems and potential technological pathways that can be used in a domestic setting, like how the microwave was an invention of the military industrial complex in WW2. NASA has been known to produce commercialized "spin-off" technology used in everyday domestic applications through the effect of space-based technologies and science solutions for ease or iterative functions.
NASA spin-off technologies - Wikipedia
From what I notice, Elon is going for systems that bring more than one thing, rather than wanting to build linear systems that have predictable one-dimensional linear growth and returns, he builds innovation-ecosystems, that are partly spatially bound but based upon non-linear capacity for potentiality. Thus, embedded innovation is what is the goal, paving the way for a new landscape for change within corporate monopoly in work with government.
I have had interest in the patent productions of large companies, to read the directions of innovation, then find and invest in new companies that have organized solutions using that directionality. These systems could be called embedded innovations that are either bought/integrated, or outsourced functions to innovation ecosystems that are the broader technology corporations.
The gains of these systems are massive and monopolistic. The future of economic systems is changing drastically, and people think about companies like Tesla, Amazon, Nvidia, etc., in rather old-school capitalism competitive fashion, but fail to see how they are very ambitious in trying to fill spaces that once were not imaginable for grabs, data is something we all have.
I read a book by Shoshana Zuboff years ago that gives insight into the data ambition called The Age of Surveillance Capitalism. The writing touches on the data side of information systems and how they are increasingly encroaching on everyday life to extract value, then reinforcing a more efficient data extraction system based on improved systems data enhancement.
The other day I was watching an ad on YouTube by a handy ring that measures health, sleep cycle, and things of that nature. I was thinking, if thousands bought this ring, it would be a massive data opportunity for the company that produces the product.
Ultrahuman Ring | Pricing
Ultrahuman Ring AIR is the world’s most comfortable and compact smart ring that monitors your sleep, movement and recovery.
www.ultrahuman.com
They could either sell services or produce a product to solve problems and/or sell the information at a premium for a hefty price. This is just one immediate example.
There is another matter to talk about. Namely the state. Governments are reliant on inter-competition so they have a stake in corporate success. They form contracts with these corporations in transparent and untransparent ways:
DOI Cloud Contracts | U.S. Department of the Interior
The contract provides for Information Technology (IT) solutions to take full advantage of cloud computing benefits such as scalability and elasticity to meet existing and future mission needs while maximizing long-term return on investments
What this all means is that there are several forcess and new dynamics at play that makes the economics of the current age very different from the typical "Capitalism" that many people like to imagine. Some companies don't fully conform to the traditional understanding of market forces.
