The end of the internet startup - Vox

But in other ways Tesla represents a departure from the Silicon Valley norm. While Apple manufactures iPhones in China, Tesla operates its car factory in Fremont, California. Where Uber and Airbnb have avoided owning the cars and houses, Tesla spent billions of dollars on a battery factory. So even if incumbents like Google, Facebook, and Amazon continue to dominate the market for online services, that doesn’t mean they’ll remain the leaders of technology innovation more broadly. Rather, innovation may shift in dramatically different directions — toward electric cars and delivery drones, for example, rather than smartphone apps. We’ve gotten used to thinking of Silicon Valley, the internet, and innovation as interchangeable, but the next wave of innovation might look very different from what we’re used to.