schizoidman@lemmy.ml to

World News@lemmy.worldEnglish · 6 months ago

Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the hypercompetitive car market ‘as soon as they possibly can’

cross-posted to:
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108

Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the hypercompetitive car market ‘as soon as they possibly can’

schizoidman@lemmy.ml to

World News@lemmy.worldEnglish · 6 months ago

cross-posted to:
[email protected]

BofA argues GM, Ford, and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla. But they can’t do both.

cross-posted from: https://lemmy.ml/post/17087653

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bokherif@lemmy.world
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6 months ago
Tesla’s are basically screens on wheels.
- P1nkman@lemmy.world
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  6 months ago
  It’s a computer with wheels.
- the_third@feddit.de
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  6 months ago
  So, you go ahead and build one then.

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