cost != value
Comment on Tesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wants
Neuromorph@lemm.ee 6 days agoit cost them something to make…they arent completely valueless
MangoCats@feddit.it 6 days ago
UnderpantsWeevil@lemmy.world 6 days ago
Angry Labour Value Fundamentalist Noises
MangoCats@feddit.it 5 days 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.
UnderpantsWeevil@lemmy.world 5 days 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.
Inucune@lemmy.world 6 days ago
Scrap metal. I’ll give them $100 if they run, $50 if I have to tow it.
bitjunkie@lemmy.world 10 hours ago
There is such a thing as the whole being less than the sum of its parts.
Neuromorph@lemm.ee 8 hours ago
Also something called value add…