[standyro]

the good news is most of their good engineers had already gone to vw rivian and other companies in LA.

sad, but it shows the need for great leadership.

bad idea: moving to texas

bad idea: lack of focus. build ONE vehicle

investors have soured on EV capital, shortsighted pivot to AI, even though the industry will boom once we have another energy crisis and another boom in nuclear and renewables in 5-15 years.

somewhat related, the xpeng helicopter thing at CES was an exact rip off of the quirky canoo light bar design, so maybe the ethos of this car will live in a Chinese copy.

[AtlasBarfed]

Renewables aren't even a boom / bust cycle now. Their cost advantage, constancy issues aside, means they are an economic inevitability.

I don't think the US is going to have any more problems for quite a while in energy of the petroleum sort. The bakken shale formation isn't running out anytime soon.

Nuclear however, has fundamental issues with getting its costs down.

I'm guessing at some point EV companies from China, which will be normally blocked from the US market we're reform basically as OEM manufacturers for the complete car design and then some US EV company simply badges it.

I don't see why Chinese companies wouldn't start setting up Mexican or Canadian manufacturing facilities. Chinese companies need to diversify their global footprint to avoid the inevitabilities of demographic decline in China and an increase in authoritarianism

[rob74]

Moving your HQ, return to office mandates and similar are a bad idea from an employee's point of view, but an excellent idea for a company if it wants to get rid of employees without having to pay severance. Of course, they risk most of their talented people leaving first, but I'm not sure companies really care about that...

[AtlasBarfed]

Not if they're in the Elon Church of management. He's the new Jack Welsh.