X @Herbert Ong

Uber is betting that network effects are more important than owning the cars, while Tesla is betting that owning the full stack, vehicle, AI, and fleet, wins in the long run.Tesla controls the supply of cars, which means the network advantage will ultimately shift to them. $TSLAPeter H. Diamandis, MD (@PeterDiamandis):Uber has a fascinating response to Elon’s vertical approach to autonomy: “We’d welcome Tesla on the Uber platform.” Smart move. Tesla may own the cars, but Uber wants to OWN the network. ...