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It kinda has been to some degree. The first corporation went bankrupt in 2011. Hopefully they'll build/deliver some consumer vehicles this time. There's also b
by omgwtfbyobbq 2mo ago
It kinda has been to some degree. The first corporation went bankrupt in 2011. Hopefully they'll build/deliver some consumer vehicles this time.
There's also been plenty of vaporware from existing manufacturers, and the majority of what they've built have been more compliance vehicles than serious, no compromise, mass production EVs, so seeing that approach refreshing.
- dnautics 2mo ago> The first corporation went bankrupt in 2011. The VCs forced the founders out, tried to move production to china, then iirc banked on a sketchy deal where best buy was trying to get into the ev sales market out of tesla fomo (but a best buy is not where you find an aptera adopter)
- dgellow 2mo agoI see that I missed years of drama!
- dnautics 2mo agothe best buy insight is a bit insider, i used to be coworker with the fellow who was on the design team that led the best buy market research stint
- omgwtfbyobbq 2mo agoI can see that. The founders shouldn't have gone to VCs then. Start low/limited runs and get cars on the road. If those work out, then try to get funding from sources that aren't going to screw you.
- DennisP 2mo agoThat seems to be what they're doing this time around.