Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish · edit-24 months agoFormer GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturerswww.nytimes.comexternal-linkmessage-square367fedilinkarrow-up1812arrow-down117file-text
arrow-up1795arrow-down1external-linkFormer GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturerswww.nytimes.comDavriellelouna@lemmy.world to Technology@lemmy.worldEnglish · edit-24 months agomessage-square367fedilinkfile-text
minus-squareFrezik@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up1·4 months agoIt’s unsustainable to keep prices lower than costs. The Amazon example didn’t have low prices forever.
minus-squareeinkorn@feddit.orglinkfedilinkEnglisharrow-up1·4 months agoYes, I know. That’s why BYD is going to then squeeze the customers once they are locked in.
minus-squareUlrich@feddit.orglinkfedilinkEnglisharrow-up0arrow-down3·4 months agoThus, not sustainable, as I said.
minus-squareTiger666@lemmy.calinkfedilinkEnglisharrow-up1·4 months agoWhat is sustainable in today’s economy? Really, what Western corporation actually base their policies on sustainable growth? Take your time. I’ll wait. …
minus-squareUlrich@feddit.orglinkfedilinkEnglisharrow-up0arrow-down1·edit-24 months agoAll of them that I know of. Which corporations do you see running unsustainable business models until they fold completely? Take your time, I’ll wait. The point is that they eventually change their tactics. In this case, they’ll have to eventually increase their prices.
minus-squaremsage@programming.devlinkfedilinkEnglisharrow-up2arrow-down1·4 months agoEven big companies ran gigantic losses for years, just to undercut the competition and emerge as the only winner. Some do it because they have other cash cows Epic store milking Fortnite), others have VC funding, like Uber.
minus-squareTaldan@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-24 months agoIt worked for Wal-Mart Which isn’t really a sustainable business model, but it’s quite successful
It’s unsustainable to keep prices lower than costs. The Amazon example didn’t have low prices forever.
Yes, I know. That’s why BYD is going to
then squeezethe customers once they are locked in.Thus, not sustainable, as I said.
What is sustainable in today’s economy?
Really, what Western corporation actually base their policies on sustainable growth?
Take your time. I’ll wait.
…
All of them that I know of. Which corporations do you see running unsustainable business models until they fold completely? Take your time, I’ll wait.
The point is that they eventually change their tactics. In this case, they’ll have to eventually increase their prices.
Even big companies ran gigantic losses for years, just to undercut the competition and emerge as the only winner.
Some do it because they have other cash cows Epic store milking Fortnite), others have VC funding, like Uber.
It worked for Wal-Mart
Which isn’t really a sustainable business model, but it’s quite successful