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Electric car startups want to avoid same fate as Britain's 1890s bike bubble

• MBCook 5y ago
  > In November 2021, Rivian was valued more than Ford and GM That’s insane. I’d argue it’s insane that Tesla is worth more than those two. Rivian has made less than 2000 cars. Cars are not an easy industry and require a ton of skill and capabilities and manufacturing prowess. As Tesla has learned over the last decade plus. I know people wanna get in on the next giant stock. But a random electric car company does not seem like a good investment. Even if it pays off it’s going to take a very long time. And that assumes they actually survive the first few years. I don’t think electric cars are a bubble. I think they’re the future. I think the stocks are a bubble.