4min chapter

The Compound and Friends cover image

This Is a Hitchcock Horror

The Compound and Friends

CHAPTER

Why Tesla Is Highly Valuable?

Tesla is the only car company that spends $0 on internal combustion engines, aside from Rivian and the small, smaller names. Joshi: How do you value a company that doesn't have to waste $1 billion plus on a building a new internal combustion engine design that'll be obsolete in 10 years and forever? He says self-driving cars are still a long way off because it is a freakishly hard challenge to get a car to drive itself.Joshi: The U.S. economy has two ways to grow - population growth or productivity growth. "If you don't have productivity growth and you're not getting much GDP growth, then everyone's going back to business as usual

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