vertical integration

“At the end of the day, when you vertically integrate, you are transferring the risk profile of your partner kind of into like your new expanded risk profile. And so you need to be really confident or at least believe that you can, you are better positioned to …”

“Tesla had to vertically integrate early because people just weren't making the parts that were needed. Like that was a, it was a do or die, There was no incentive. There was no market for people to build the kind of like sub components that were required. And …”

“And I think that necessitates vertical integration, not just in the core model layer, but also in like how you interact with the models.”

“I was always against vertical integration. And I now think I was just wrong about that.”

“And so really the only way to address fixing the ground segment was to do the whole thing.”

“You should not be vertically integrating just because you can save five percent or 10% or 20, even 50% on a subcomponent that does not kind of check the box of like, does the company exist or not?”

“This blank slate, idealistic, we're going to vertically integrate is like, I think almost naive in a way. Like, vertical, vertical integration is not easy.”