• Vanilla_PuddinFudge@infosec.pub
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    19 hours ago

    They’re overvalued in the triple multiples compared to other American car companies because they’re a meme stock and halfway ran on government subsidies we paid for rather than putting it into education or social causes.

    A step in the right direction isn’t good enough when there’s miles to tread.

    • fishos@lemmy.world
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      19 hours ago

      A step in the right direction isn’t good enough when there’s miles to tread.

      So all or nothing? Then you’ll get nothing.

      • Vanilla_PuddinFudge@infosec.pub
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        18 hours ago

        Good, fuck em. There’s no negotiation here. I don’t care if the entire company goes under. What great service is Tesla providing? Not enough mobile beta-testers riding bombs down the rosd? They do nothing for the people supporting them.

        I guess a new company will have to rise up so entitled Californians can be tricked by marketing into thinking they’re saving the planet when the batteries were mined by gas-powered machines using the same poor brown folk they feel sorry for on Bluesky.

        Cry a river.

        • Bytemeister@lemmy.world
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          17 hours ago

          At this point, it would be tempting to have all their employees quit and start their own EV company, or join another one. It’s not like the people vanish when a company folds.

          • BarqsHasBite@lemmy.world
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            10 hours ago

            No one’s going to fund a new company though. The old car companies have finally moved to EVs and will quash newcomers. Funders know this.

            • Bytemeister@lemmy.world
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              13 hours ago

              Telo is getting funded.

              Aptera is doing another round of funding (for like the 7th time)

              Slate immediately got funded by Bezos.

              I think the market is pretty clear. People want cheaper, smaller, and more “every day” EVs, rather than the insanity 1.2 second 0-60 dystopian-proof luxury crossovers/trucks.

              The first company to make that happen in their niche is going to make bank.

              • BarqsHasBite@lemmy.world
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                7 hours ago

                Telo started 3 years ago, probably pitching for VC a year or 2 longer. Things have changed a lot in the last 4 to 5 years.

                Aptera was founded 2019, originally 2006. And a trike? Not gonna be mass market.

                Slate also started 3 years ago. When the visions of getting rich off EVs was still dancing in everyone’s head (not that bezos cares about that).

                The business has moved. Smart money would not start a car company today without a competitive advantage like battery tech.