this post was submitted on 01 Jul 2025
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Fuck Cars

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[–] [email protected] 36 points 2 days ago (11 children)

Honestly, if I was a Ford shareholder, I would be dumping my shares as fast as possible - there's no coming back from an open admission of defeat like that. He flat out said they can't win, the barriers of entry are too high, and the key one (software like Xiaomi) doesn't even really exist yet.

As others point out, the western automakers did this to themselves. Hoo boy did China out capitalism. Ironic

[–] [email protected] 18 points 2 days ago (1 children)

I feel like the US is gonna be the cheap labor very shortly.

[–] [email protected] 7 points 2 days ago

Russia style petrostate feels the most likely. And in a time where fossil fuels are going through their death spiral (if in a somewhat prolonged manner).

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