Must be crazy to assume such a thing!
Must be crazy to assume such a thing!
They were suggesting that Rivian also make a real EV truck which they don’t
Buying a Fisker has always been gamble, so is buying anything from any startup honestly… Buying a Tesla Roadster was a gamble as well!
The middlemen you’re talking about are established brands. I have no problem buying an Indian made motorcycle from KTM because I know they have a real presence in North America, a dealership network and so on, they have something to back themselves with, but I wouldn’t buy a motorcycle built in India by a brand that has no presence outside of India and that, for all I know, could just fold tomorrow leaving me with the problem of having to find parts when needed… (just using an examine with another country)
They supply most of our electronics, tools and so on, but you’ll notice that you’re not buying the Chinese brands of these things, or if you are you’re not expecting to be able to get any after sale service in 5 years…
That’s established and stable brands that manufacture things in China which is completely different from Chinese brands building things in China and that can just close their doors tomorrow morning and leave the owners without any source for parts.
If an established manufacturer closes their doors tomorrow morning the same issue arises, the difference is that Chinese companies are known to do that and the Chinese government sometimes is responsible for closing them or simply doesn’t care about the effect on customers. They can reopen the following day and produce the same items as before but they won’t send you parts for the thing they were producing the day prior because it’s not the same company anymore.
No one outside of tech communities does that
“couple of years younger” or older than Biden was in 2020 when Republicans called him too old…
Only one of the three is body on frame and it’s Ford’s
Because it’s standard practice in China to just close a company and restart it under a new name. The government can decide to shut down everything overnight.
Look at parts availability for stuff sold by Chinese brands.
American manufacturers need to provide parts for 10 years after the last of the same model car rolled off the assembly line. Good luck forcing Chinese brands to respect that.
https://en.m.wikipedia.org/wiki/Brandolini’s_law
We always lose when engaging with these people
They still build the only real EV truck though
If you look at my message I’m clearly painting a broad picture, “people are bad at saving money”, I never said it only applied to people with lower income. I’ve known of engineers making 300k/year panicking because 200$ were missing from their paycheque and they wouldn’t be able to make their payments… They just own a bigger house and a Porsche instead of renting an apartment and driving a Civic, in the end they have 0$ set aside and if their income goes up they just find more stuff to purchase…
And these necessities are very often procured from stores that pay their employees minimum wage, so it all comes back to what I was saying… But even for people who get paid way more than minimum wage, a significant proportion is living paycheque to paycheque or close to it.
Even when putting more money in the hands of people who make way more than what they need to afford the basics will result, in most cases, in them spending it instead of saving. You see it very clearly in regions that rely on industries like mine, people’s personal finances boom and burn… They have jobs making 150k/year and buy a big house, a truck, a quad, a snowmobile, a sports cars, motorcycles, name it, the second things slow down they can’t afford to make payments on any of that because they never saved a cent.
People are bad at saving money, increase minimum wage and they’ll just spend the extra, increasing companies revenues, allowing them to pay the higher minimum wage. In the end the employee is able to afford more stuff, the company doesn’t feel the impact, everyone is happy!
Sometimes context is important!
Or
Context is important sometimes! (If you want the point first)
It reminds me of that Black Mirror episode where people have memory chips to allow them to relive everything they’ve ever lived.
The whole world got hit by inflation