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Some of these companies going nearly bankrupt before they've even started production is telling. When you are just designing the thing, your costs are basicall
by steveBK123 4y ago
Some of these companies going nearly bankrupt before they've even started production is telling. When you are just designing the thing, your costs are basically staff. Now trying to scale production you have all sorts of capital expenses and then operational costs that don't get recouped until you have scaled production enough.
Designing a car is not a hurdle.
Building a prototype is not a hurdle.
Having 20k pre-sales is not a hurdle.
Actual serial production in an operational factory able to ship 10k+ year is your first hurdle.
Doing the above while selling the cars for enough money to not go bankrupt, while opening some sort of service network for the cars .. is a big hurdle.
Getting closer to 100K/year, is the next real hurdle.
And being a real big boy automaker in the 1M/year range is