Tesla Receives ATVM Loan - Page 6

Vger · 06-25-2009, 05:28 AM

The articles folks have kindly posted from the business press are SO conventional wisdom. Having founded a small company that has competed (and STILL competes) with GE, Siemens and Philips in medical imaging software (Vital Images), I can tell you from personal experience that the pundits NEVER understand small company innovation. They only celebrate it after the fact. Sure, at some point, TESLA will probably have to more deeply partner with Daimler, or be acquired, to succeed in the long run, but think of Porsche or Ferrari. They did that, but still remain great brands in their own right, and have made massive contributions to auto technology over decades.

BBHighway · 06-25-2009, 05:48 AM

Which company acquired Porsche?

Yes, the pundits never understand innovation. When Philip Knight and Bill Bowerman were making shoes with a waffle iron, they would not have predicted the success that Nike achieved. When Micheal Dell was assembling computers in his dorm room, they would not have predicted the juggernaut that is now Dell Computers. When Fred Smith wrote a paper in college about an idea for an overnight delivery service, he got an F, because the assignment was to write about an idea that would be "possible to turn into an actual business". He went on to found Federal Express.

All of those guys had huge. well established competition, and any reasonable business analyst would have said they faced insurmountable odds, yet somehow they all succeeded.

ESdude · 06-26-2009, 06:52 AM

Quote:

Originally Posted by BBHighway

Yes, the pundits never understand innovation. When Philip Knight ...

The thing is - they (pundits) don't like being wrong. And the simple truth is - the overwhelming majority of such ambitious startups go bust. So, by doing nothing but predicting failure they already covering 99% of cases. Frankly, they are simply lazy and useless talking heads (well, they don't reduce entropy - so what's the point then?).

TEG · 07-02-2009, 11:12 PM

House now considering doubling $25 billion DOE ATVM program

bobw · 07-03-2009, 12:57 PM

Quote:

Which company acquired Porsche?

Last year Porsche tried to take over Volkswagen. Now Volkswagen wants to merge with Porsche.

Porsche Rejects VW Takeover Offer - BusinessWeek

xcelero.ii · 07-05-2009, 08:36 AM

Quote:

Originally Posted by bobw

Last year Porsche tried to take over Volkswagen. Now Volkswagen wants to merge with Porsche.

Porsche Rejects VW Takeover Offer - BusinessWeek

Thanks for the post! I've been following this power struggle for a while now.

Sorry to be off topic, but has anyone read "How Porsche Hacked the Financial System and Made a Killing"? It's a pretty good read, below.

ivan krstiÄ‡ Â· code culture » How Porsche hacked the financial system and made a killing

Aside from Tesla, Volkswagen is my favorite car company.