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by mcphage 3689 days ago
> Cars are a terrible industry to get into. Building cars is massively capital and plant intensive, heavily dependent on supply chain logistics, and the market is already extremely competitive.

That sounds perfect for Apple, though—they've got tons of capital, excellent at supply chain logistics, and used to thriving in very competitive markets.

1 comments

Many car startups have been ground to pieces due to it costing more than their investors ever imagined - Tucker, Bricklin, Delorean, etc.
How many of those car startups had the largest market cap in the world before they started making cars?