6 ms·
It would for sure be a boon for them to copy Tesla's homework in this fashion but let's not forget that the culture that fostered such breakthrough would likely
by w8vY7ER 7y ago
It would for sure be a boon for them to copy Tesla's homework in this fashion but let's not forget that the culture that fostered such breakthrough would likely suffocate and die in that post-acquisition environment. For a group whose stated mission is to accelerate the adoption of sustainable energy, I see this outcome to be unlikely. However much it might help those entrenched entities save face and present a "Hello, fellow EV makers!" facade.
- wil421 7y agoBig companies acquire for the product not the innovation. Smart big companies will even leave the entity alone as not to hamper innovation. Most of the time they absolutely kill innovation as seen with Google and a couple innovate/grow by acquisition FinTech MegaCorps I worked at. I’ve seen a few teams or line of businesses rally “Let’s get back our unique culture” after the merge. Not gonna happen if MegaCorp bought you. Everyone else already cashed out or left.
- WorldMaker 7y agoElon Musk wouldn't have had the capital to bank Tesla in the first place if he ignored potential exits outright simply for principal's sake. Not to mention that that sort of acquisition could be seen as "mission accomplished" given the right M&A voodoo or PR spin. Tesla isn't immune to capitalism and is itself a product of it.