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Seems like there's a lot of slack given for being new. They have had relative ease raising capital, their market cap is still enormous relative to the number o
by gjem97 9y ago
Seems like there's a lot of slack given for being new. They have had relative ease raising capital, their market cap is still enormous relative to the number of cars produced, and lots of people are still on the waiting list for a car that they won't get for years.
- coldtea 9y agoThat's just money burned from people investing -- there's no slack from the market, and none of this does much good if you can't compete on the market. In the end, unless they get profitable, if they burn their stash, they're toast.