carmiturchick
tribalypredisposed
carmiturchick

China is playing super loose with loans and losses in general, not just with Jia and his company. Huuuuuge amounts of leverage are out there and the whole thing will collapse because nothing else can possibly happen. Jia Yueting borrowed against his own stock holdings in his company to finance FF and his investment in

Not sure who made the list, but the one that I know they got wrong. Fisker never had the chance to lose $529 million because they failed to meet set criteria and were cut off from drawing further funds after losing $139 million. Still lots of taxpayer money lost, but $390 million less than your source is claiming.

I mean, Tesla denied reports that they were in financial difficulties until well after the fact when they pulled off a funding round “on the last hour of the last day” without which they were bust. But there is a line between “not revealing how bad things are” and “making outrageous claims that are completely

They claimed they would have billions, we do not actually know how much they have burned through. One report is that they have $300 million in debts. Quite possible a billion has poured through their fingers, start-ups with grandiose dreams and no CEO can get pretty wild with the spending. But I doubt they ever saw

Only constitutes competition when they start selling cars. An event fairly unlikely to occur. As for the upset, many do not like strutting braggarts making all sorts of claims they cannot possibly back up.

I think the idea is that they realize once recharging times are short enough then range beyond a certain threshold, say, 300 miles, is not an issue and giving the car a bigger battery would just make the car cost more and weigh more. Acceleration is already ludicrous.

This is something I pointed out when Fisker was

The Model S was good looking enough, it hit that great middle where people who did not want to be flashy but wanted a still distinguished look were happy, where it was obviously an expensive car but did not scream “single male having a mid-life crisis” either.

The FF91...just does not ooze the style and class needed

Everyone bashing the looks...if this was a $30,000 minivan then the looks are fine, not in love with the rear but whatever. But if you want the ultra-rich image conscious people who can spend $150,000 on a car to buy this, it has to look ridiculously gorgeous and be the thing that will make us forget about sliced

Most importantly, they appear not to have the billion dollars needed to build a billion dollar factory yet. Finding a billion dollars will ALSO take a lot of time (my guess is: forever), and they need to at least have a good amount of it and know the rest is coming to start building the factory. Meanwhile lots of very

I think mostly people are just pissy after ten years of vaporware, outside of Tesla, so they pick on the styling. But as for “delivering the goods;” this is a company with a bare patch of leveled dirt for a “factory” that is lacking the money to pay for having that dirt leveled. They are also without a seat supplier,

In retrospect this is the trap every electric car start-up will face in the Tesla era: they need to desperately search for compelling reasons why someone will pay more for their car instead of just buying a Tesla, but there is a nano wide line between achieving that and engaging in rampant hubris that makes the Model

Folks, we need to give them a lot of credit for getting a lot of whiz bang and a credible effort together without even a CEO. Sure, not too pretty but whatever. The main issue is, show us the factory and the money and tell us your plan for how you will survive? This will not be a $35,000 car, and there is going to be

They would have to open first and that seems highly unlikely...

Lots of pluses and minuses here. First, there are credible people involved who clearly know electric cars and cars in general and they are absolutely making an honest effort to enter this market and compete in it, which is great. But on the other hand they say they will build a $700 million dollar factory and reports

Yeah, and one calculation is that production costs for his Karma were a mere $900,000 per car, which they then sold to dealers for $70,000. Awesome business plan.

It is simply scamware. In order to make a graphene based battery suppose you need 1,000 lbs of graphene (the Tesla battery pack weighs around 1,200 lbs). At current prices for graphene you are looking at $453,000 for just the graphene. Laughable...so Fisker claims they have this great way to make graphene for 10 cents

Best is the Model S P100D, if you can buy it then that is what you should buy. A Model S 70 would also be an amazing car to have (or other models between that and the P100D), if that suites your budget better. The other cars...are not good enough that you should not wait a year for what will be available then, if that

The Model 3 basically does not have a dashboard, so that problem of squeaks is probably solved there.