Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish · edit-23 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-square132fedilinkarrow-up121arrow-down10file-text
arrow-up121arrow-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-23 months agomessage-square132fedilinkfile-text
minus-squareeinkorn@feddit.orglinkfedilinkEnglisharrow-up0·3 months agoI’d argue it is. Just look how Amazon got where it is now: Sell way under market price, till local competition closed shop, then squeeze.
minus-squareFrezik@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up1·3 months agoIt’s unsustainable to keep prices lower than costs. The Amazon example didn’t have low prices forever.
minus-squareeinkorn@feddit.orglinkfedilinkEnglisharrow-up1arrow-down1·3 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-down2·3 months agoThus, not sustainable, as I said.
minus-squareCameronDev@programming.devlinkfedilinkEnglisharrow-up0·edit-23 months agoI think your muddying sustainable and successful. It definitely can be successful, but its not sustainable. Its also high risk, especially if you can’t crank up the prices enough later
minus-squareeinkorn@feddit.orglinkfedilinkEnglisharrow-up1·3 months agohttps://feddit.org/comment/7714367
minus-squareUlrich@feddit.orglinkfedilinkEnglisharrow-up0·3 months agoYou forgot the part where they raised prices on everything.
minus-squareeinkorn@feddit.orglinkfedilinkEnglisharrow-up1·3 months agohttps://feddit.org/comment/7714367
I’d argue it is.
Just look how Amazon got where it is now: Sell way under market price, till local competition closed shop, then squeeze.
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.
I think your muddying sustainable and successful. It definitely can be successful, but its not sustainable.
Its also high risk, especially if you can’t crank up the prices enough later
https://feddit.org/comment/7714367
You forgot the part where they raised prices on everything.
https://feddit.org/comment/7714367