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Ep 33: Aswath Damodaran on Investing
Brave New World -- hosted by Vasant Dhar
Is Google Really Going to Be in the Electric Car Business?
I think there's a reason why Apple is never going to be in the electric car business because they're spoiled. The reason they're spoiled is they make 45% margins on the smartphone. There is no manufacturing business on the face of the earth where you're going to be able to generate that kind of margin and that kind of return on capital. So I think the technology companies if they wanted to could be in the right sharing space but I don't think Google or Apple really wants to be in this space as it's not their ball of wax.
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