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tinrobot

(11,583 posts)

9. It's called a business investment in the future

Reply to madville (Reply #5)

Sat Apr 26, 2025, 11:48 AM

Apr 26

Businesses invest in new technology (i.e. EVs) because the old technology is going away.

Kodak is a prime example - they invented digital photography, but refused to give up on film. That refusal to invest in new technology pretty much killed the company.

The US auto industry is already being eclipsed on EVs globally. The switch to EVs is already happening and it's accelerating. If Ford doesn't invest in EVs now, they don't survive.

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Highlight:

Anyone know about a black man in Atlanta producing an electric truck to rival Musk? [View all] Jit423 Apr 26 OP

Lots of competition coming online HAB911 Apr 26 #1

A race to see who can madville Apr 26 #5

Bozo Bezos is jumping in the game I see HAB911 Apr 26 #6

It's called a business investment in the future tinrobot Apr 26 #9

Im afraid this might be a scam. R0ckyRac00n Apr 26 #2

A big clue is that they are currently taking pre-orders for the 2023 model Ms. Toad Apr 26 #8

It's what under the hood that makes the difference. Why not use the body of older models if it can be done? nt Jit423 Apr 26 #14

In 2025 they are taking PRE orders for the 2023 model. Ms. Toad Apr 26 #16

Then there's the neat trick of hooking generators up to the wheels. Igel Apr 26 #10

It's absolutely a scam NickB79 Apr 26 #15

Pictures are altered from existing vehicles. Historic NY Apr 26 #3

Aren't you anyone? n/t elocs Apr 26 #4

Looks like Elio Motors has competition . . . Ms. Toad Apr 26 #7

The Second Law of Thermodynamics... LudwigPastorius Apr 26 #11

Will it be available in time to drive to Fyre Festival 3? JustABozoOnThisBus Apr 26 #12

looks dodgy AF Celerity Apr 26 #13