Quote:
Originally Posted by thomasde
GM, for example, has been working on electric cars for a decade and has yet to generate excitement for it.
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...nonsense - they had people lined up begging for the EV-1 and refused to sell it, parlayed the patents off to a big oil company, and killed the project...
...tesla's problem is that they're bloated: overpaid middlemen repackaging extant technology to an underserved niche as an overpriced exotic luxury...that business model can work well in a boomtime economy, but it's the first thing to go when times turn lean...given their production volume, though, i'm unconvinced that that's actually tesla's business model - i think they want to play venture capital games and cash out when the moment's ripe...