The cynic in me is already asking: where are the flying cars? They were at the top in F1 until 2021.
Unless energy becomes significantly cheaper we are unlikely to see personal flying cars, and that’s also before you put all the car crashes that happen today and put them above people’s heads.
Mercedes spends $8bn/year on R&D
31–40 of 108 posts
Re: Mercedes spends $8bn/year on R&D
#32Earlier quoted context omitted.
>OK WTF ist most of this? How about not targeting the upper market during inflation? Why? The upper class is the one least affected by inflation. Just look how the stock market is doing. Even in bad times, luxury brands are selling just fine, this has been proven time and time again. Have you seen sales of Bugattis, Ferraris or McLarens slowing down? The problem is, VW is not a luxury brand, it's an expensive commodi…
Then how did we end up with Volkswagen's situation? Selling 100 cars for 20k each sounds better than selling 2 for 200k.
Upper class don't buy VW.
VW is a posh brand for the middle class which has now been wiped out by inflation and rising CoL, that's why they aren't selling.
I'm surprised I have to spell out obvious stuff like this.
Re: Mercedes spends $8bn/year on R&D
#33The cynic in me is already asking: where are the flying cars? They were at the top in F1 until 2021.
Re: Mercedes spends $8bn/year on R&D
#34The cynic in me is already asking: where are the flying cars? They were at the top in F1 until 2021.
Unless energy becomes significantly cheaper we are unlikely to see personal flying cars, and that’s also before you put all the car crashes that happen today and put them above people’s heads.
There's already a few being developed, but that's not going to be for the peons e.g. pal-v started taking orders for Liberty this year, and apparently the price tag is somewhere between half and a mil.
Re: Mercedes spends $8bn/year on R&D
#35Earlier quoted context omitted.
If you knew VW, it has way more people on payroll doing nothing for huge salaries than Imma-fire-80%-of-people Elon. Love him or hate him, he gets shit done.
He does get shit done. Sometimes it's good shit, other times it's just shit. That cost-cutting approach worked with turning Tesla from the butt of (quite reasonable at the time) jokes about "Death Watch" because they kept needing more and more investment money, into the success they are today. It utterly failed with Twitter, which has lost most of its revenue and is constantly running into legal issues.
It lost revenue since advertisers don't like the platform's freedom of speech, and Elon won't give them control of what's allowed on the platform. Advertisers want control, they don't want free speech. Why do you think You tube removed the downvote counter? Advertisers pay not just to how their stuff but to also be able to control the narrative. If crowds of people are allowed to freely light a brand on fire on Twitter, why would they pay to advertise there?
Meta paid like 22 Billion for WhatsApp which is hardly bringing in revenue.
Re: Mercedes spends $8bn/year on R&D
#36Earlier quoted context omitted.
If you knew VW, it has way more people on payroll doing nothing for huge salaries than Imma-fire-80%-of-people Elon. Love him or hate him, he gets shit done.
He does get shit done. Sometimes it's good shit, other times it's just shit. That cost-cutting approach worked with turning Tesla from the butt of (quite reasonable at the time) jokes about "Death Watch" because they kept needing more and more investment money, into the success they are today. It utterly failed with Twitter, which has lost most of its revenue and is constantly running into legal issues.
Re: Mercedes spends $8bn/year on R&D
#37I haven’t worked in a revenue positive company for over 5 years. But prior to that, once a year, someone would sit at my desk asking for anything I did was “new” and how so. In the states, any “research” work is a tax write off. I wouldn’t be surprised if Mercedes is using this as well.
The tax benefits more or less derive from that, along with the general consensus that we should encourage companies to invest into the future.
Re: Mercedes spends $8bn/year on R&D
#38Earlier quoted context omitted.
Unless energy becomes significantly cheaper we are unlikely to see personal flying cars, and that’s also before you put all the car crashes that happen today and put them above people’s heads.
Please take it as a metaphor of how you can spend USD 8b/year.
Re: Mercedes spends $8bn/year on R&D
#39The cynic in me is already asking: where are the flying cars? They were at the top in F1 until 2021.
In any case, we have helicopters which embodies the spirit of a flying car
Re: Mercedes spends $8bn/year on R&D
#40The culture of invent and fail fast just doesn’t work here.