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Greg Greg
The Electric Viking
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Comments by "Greg Greg" (@SlowhandGreg) on "VW cancels 5 year plan - says TESLA is forcing HUGE changes" video.
Tesla will benefit from the competition at the moment it's streets ahead and anyway it's a lot more than just a car company it's energy sector will dwarf the car production
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@SaraSara-kr6sp They can reduce the retail price for a start there making 30% profit at the moment you'd expect 10%
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@SaraSara-kr6sp competition benefits everyone, the reason the US is sliding down the way it is is lack of competition, regulatory capture by monopolies. A vibrant company 8s one that is trying to stay ahead with innovation not using its market dominance to buy out its rivals and sink into a monopolistic spiral
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@SaraSara-kr6sp Constant competition drives innovation one of the problems with western economies is the growth of near monopolies that stifle innovation and use money that should be used for R&D to pay off governments to turn a blind eye to uncompetitive practices such as killing emerging companies that may compete. Tesla is wining by innovating always staying ahead of the market by a good few years and therefore creating a bigger overall market, everyone wins.
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