Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish · edit-215 days 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-square371fedilinkarrow-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-215 days agomessage-square371fedilinkfile-text
minus-squareUlrich@feddit.orglinkfedilinkEnglisharrow-up0arrow-down1·edit-215 days 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-down1·15 days 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.
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.