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by keymon-o
1144 days ago
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Porsche/Bugatti ‘partnership’ was actually a large investment venture and major restructuring of the company into multiple subsidaries with a complex ownership and hierarchy. I’ll be convinced it’s valuable when something of value comes out of that venture. On the contrary, I am not bringing their internal mindset and intentions into question at all, as I do posses some non-public details on how the company operates internally. Afterall, I mentioned in a few places, I sincerely root for that company. However, relying on a fastest EV badge for 10 years and making some sales is not nearly enough for company of that size to take on another hit and wait project. And public data they release year after year consisting of promises and plans, but ‘keeping’ success stories, achievements and breakthroughts for themselves is enough to know it’s not a good sign. Investors will wait for their ROI only for so long. |
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