Comment on Tesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wants

• MangoCats@feddit.it ⁨2⁩ ⁨months⁩ ago

  cost != value

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  • UnderpantsWeevil@lemmy.world ⁨2⁩ ⁨months⁩ ago

    Angry Labour Value Fundamentalist Noises

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    • MangoCats@feddit.it ⁨2⁩ ⁨months⁩ ago

      Try appraising real estate for a while, it’s a strong lesson in: something is worth whatever somebody is willing to pay for it. Can be higher than cost, can be lower than cost, but the willing buyer is the key to the whole valuation equation.

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      • UnderpantsWeevil@lemmy.world ⁨2⁩ ⁨months⁩ ago

        something is worth whatever somebody is willing to pay for it

        That’s a naive short-term approach to valuation.

        Real value has to be measured in some kind of revenue generation, or - at least - cost mitigation. Otherwise what you’re describing isn’t value but expense.

        the willing buyer is the key to the whole valuation equation

        The willing buyer is the key to perceived value. But suckering someone doesn’t increase the utility of what you sold them.

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• Inucune@lemmy.world ⁨2⁩ ⁨months⁩ ago

  Scrap metal. I’ll give them $100 if they run, $50 if I have to tow it.

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• bitjunkie@lemmy.world ⁨2⁩ ⁨months⁩ ago

  There is such a thing as the whole being less than the sum of its parts.

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  • Neuromorph@lemm.ee ⁨2⁩ ⁨months⁩ ago

    Also something called value add…

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    • bitjunkie@lemmy.world ⁨2⁩ ⁨months⁩ ago

      And some of them just don’t sell because even at cost they are crap

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