The auto-industry isn't easy. The money involved in these industries is massive, far larger then tech as Ford arguably the middle of the big 3 has 50% more annu

The auto-industry isn't easy. The money involved in these industries is massive, far larger then tech as Ford arguably the middle of the big 3 has 50% more annual revenue then Microsoft (who beats Google), and owns more then 200 billion in assets. >Enter the likes of Telsa Motors I don't think we can call Telsa Motors a success yet strictly speaking. When its own CEO states its stock is overvalued we need to reconsider out position on the company. Telsa has only had 1 profitable quarter so far in its entire history. >I have a hunch there will be others, probably 'cheap Chinese knock-offs I'm not even gonna talk about problems with Chinese steel, Chinese quality control, Testing, etc. Lets just focus on sourcing. Developing a car's transmission costs roughly 5-10 billion dollars. Its so expensive to do that really no automakers do it themselves, same with engine designs. They share these collectively. To disrupt the industry you need cash, and a lot of it. Metal dyes are outrageous, 250k to 500k+. The initial investments a company needs to break into the industry is stupid high. On top of that, as an in-experienced new comer it'll be challenging to gain the public perception of having a higher quality product, as your first attempt may not be. Products in the Auto-industry typically have decade long life spans, with half a decade spent testing them before release. So your trying get 1 billion in angel funding, for a decade you won't even be profitable?