Yeah that's totally a good idea. Take the team that invented the product and made it so successful that other companies switched to the standard. Then fire all of that expertise and start from scratch. 5-D chess all the way.
> Elon generally does not fall victim to the sunk cost fallacy.
Did you see the news a few years ago when he bought a media company for $44 B and drove its profits into the ground?
What amazes me the most is that absolutely loyal cult following this guy has built. For decades Apple fans were mocked relentlessly for the adoration of Jobs. Now that cult has moved on over to Musk. Different people but same worship.
Steve Jobs also completely broke every convention and built one of the most amazing companies to ever exist. You can hate Jobs and Musk, but they both work(ed) outside the normal paradigms and forced massive progress to happen.
> Elon generally does not fall victim to the sunk cost fallacy.
Did you see the news a few years ago when he bought a media company for $44 B and drove its profits into the ground?
What amazes me the most is that absolutely loyal cult following this guy has built. For decades Apple fans were mocked relentlessly for the adoration of Jobs. Now that cult has moved on over to Musk. Different people but same worship.