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To: Pelham

And Proterra is now bankrupt...... a few hundred million in guaranteed loans from Uncle Sugar down the drain.


34 posted on 02/03/2024 2:00:07 PM PST by volunbeer (We are living 2nd Thessalonians)
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To: volunbeer

“And Proterra is now bankrupt...”

I had a few shares of Proterra but sold them the first time that a city reported having trouble with them. The frames weren’t steel. Some kind of composite that failed under load.

Sandy Munro gives BYD cars high marks for quality. Charlie Munger talked Warren Buffet into investing in them, although they have sold it. That may be more of a China problem than a BYD problem.


36 posted on 02/03/2024 3:07:16 PM PST by Pelham (President Eisenhower. Operation Wetback 1953-54)
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