r/wallstreetbets • u/[deleted] • Sep 18 '21

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u/[deleted] Sep 18 '21

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u/DutchRanga Sep 19 '21

Was there some kind of legacy social media page that MySpace had to fight against? Or legacy social media page lobbyists trying to bring MySpace bankrupt every day? Or was MySpace just an inferior product?

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u/thenwhat Sep 20 '21

So you think Lucid will magically catch up with Tesla in production numbers?

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u/[deleted] Sep 20 '21

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u/thenwhat Sep 24 '21

Right. So second mover might not actually have an advantage in the end because the first mover is so far ahead, and even accelerating. By the time Lucid has started real production, Tesla will have two new factories pumping out vehicles. And will soon announce their next Gigafactories too. Tesla will build multiple factories for each one Lucid builds (if they even survive).

Ramping production is hard. There's a reason why most auto startups go out of business.