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Tesla electric vehicle rival files bankruptcy, begins liquidation
MSN ^ | 02/11/2024 | Daniel Kline

Posted on 02/12/2024 7:25:30 AM PST by ChicagoConservative27

There's a reason very few new automakers have been launched over the past 40 or so years. Building and selling cars takes a tremendous amount of infrastructure.

When you add in having to create not just a new design, but a new method of powering your car, you see why big auto has generally been a closed club. Tesla (TSLA) , of course, has crashed that party, becoming the first startup electric vehicle manufacturer to operate at scale.

You can credit that to the genius and drive of Elon Musk. It may have been lost in his recent conversion to a conspiracy-theory-embracing, far-right internet troll willing to say anything so people pay attention to him, but Musk has been the leading entrepreneur of his time.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: arrival; bankruptcy; rival; tesla; vehicle
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To: TexasGator

Just wait until they start putting power stations in the hoods. They will be stripped 15 minutes.


41 posted on 02/12/2024 8:32:20 AM PST by DownInFlames (p)
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To: ChicagoConservative27

M$N has to resort to clickbait...the “net” is officially untrustworthy and near the end of it’s commercial veracity. Need a zero commercialized communication structure.


42 posted on 02/12/2024 8:41:47 AM PST by Getready (Wisdom is more valuable than gold and harder to find.)
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To: ChicagoConservative27

Studebaker great grandson or nephew allegorically I think

Maybe Avanti bought studebaker from bankruptcy ?


43 posted on 02/12/2024 8:42:24 AM PST by wardaddy (I have seen true anti semitism is more common in USA than I imagined. A disease in the public mind)
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To: PLMerite

The Golden Hawk was a real beauty!


44 posted on 02/12/2024 8:45:04 AM PST by FroggyTheGremlim (Plunk your magic twanger, Froggy!)
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To: DownInFlames

“Just wait until they start putting power stations in the hoods. They will be stripped 15 minutes.”

I just heard that thieves stole a 200-foot radio tower in Alabama:

https://www.theguardian.com/us-news/2024/feb/08/alabama-200ft-radio-tower-stolen


45 posted on 02/12/2024 8:47:46 AM PST by PLMerite ("They say that we were Cold Warriors. Yes, and a bloody good show, too." - Robert Conquest )
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To: RoosterRedux

After reading down further, the “rival’s” name is “Arrival”, but I guess their word play means we’re supposed to know that ahead of the now-named “rival”. (((sigh)))


46 posted on 02/12/2024 8:48:15 AM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Red Badger

YOU WIN POST OF THE DAY -— AGAIN


47 posted on 02/12/2024 9:02:06 AM PST by ridesthemiles
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To: ChicagoConservative27

Well, it’s a litte easier to enter the industry when the government is subsidizing ya.


48 posted on 02/12/2024 9:27:17 AM PST by xoxox
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To: PLMerite
see your Studebaker and raise you a Citroen.
49 posted on 02/12/2024 9:31:05 AM PST by xoxox
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To: ChicagoConservative27

One valued at 13 billion!
That means they basically defrauded investors of 13 billions.


50 posted on 02/12/2024 9:34:29 AM PST by AZJeep
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To: PLMerite
If somebody wants to resurrect a Studebaker, I think a properly modernized Hawk would sell:

Oh, heck yeah.

Jay Leno's Garage had a piece a year or so ago about a one off EV conversion of a big old Mercury land barge from the late '40s. At the end of it all you have something that will go about 100 miles on a charge, which is about typical for this kind of thing. OK for casual driving.

51 posted on 02/12/2024 9:37:27 AM PST by Lee N. Field (I beat wasp nests with a stick for fun.)
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To: ChicagoConservative27

The headline reads like the story is about the demise of a Tesla rival but then the first 16 lines are dedicated to sycophantic praise for Tesla, before it get so the name of the rival : Arrival.

I only followed the link because I wanted to see if it was a company I’d heard of before, and it wasn’t. More to the point, it isn’t in the OP’s excerpt, which obligates you to click if that’s all you wanted to know (thanks for nothing). So if that’s all you’re after, I just saved you clicking.

https://en.wikipedia.org/wiki/Arrival_(company)


52 posted on 02/12/2024 9:58:15 AM PST by Paal Gulli
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To: xoxox
and raise myself on Citroen EV.


53 posted on 02/12/2024 10:13:47 AM PST by xoxox
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To: xoxox

Renault, Peugeot, Citroen

Three reasons that the French are known for their WINES.


54 posted on 02/12/2024 10:17:51 AM PST by fredhead (Duty, Honor, Country.....Honor, Courage, Commitment )
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To: Paal Gulli

Arrival the movie was better. :-)

https://en.wikipedia.org/wiki/Arrival_(film)


55 posted on 02/12/2024 10:21:00 AM PST by cgbg ("Our democracy" = Their Kleptocracy)
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To: xoxox

Cute, but you can’t even go on a realistic beer-run with that.


56 posted on 02/12/2024 11:39:36 AM PST by PLMerite ("They say that we were Cold Warriors. Yes, and a bloody good show, too." - Robert Conquest )
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To: COBOL2Java

BINGO it’s a trend now.


57 posted on 02/12/2024 2:24:39 PM PST by Vaduz
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To: xoxox
There's Citroens and then there's 2CV Citroens...


58 posted on 02/12/2024 4:25:47 PM PST by Pelham (President Eisenhower. Operation Wetback 1953-54)
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