Henry Blodget publishes Business Insider. Blodget is a former managing director of Merrill Lynch who rose to fame in the late 1990s on his timely and correct prediction that Amazon stock would reach $400, then lost his $12 million/year job following the burst of the dot.com bubble, and then was permanently barred by the Securities and Exchange Commission over fraud allegations*. Blodget still has outstanding sources and contacts within the tech sector. In a post at his website, Blodget discusses the current excitement about tech companies like Google and Apple exploring automotive ventures, which some say are aiming at becoming the next Dr. Ing. h.c. F. Porsche AG. Not only does he say that the tech sector is cyclical, that the current bubble will also eventually burst and that Apple’s outsized success with their smartphones has been anomalous even for that now routinely successful firm, he makes some sound arguments the next Porsche AG is not likely to come from the Silicon Valley.
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- W Conrad I'm not really a truck person, but even I would consider one, I'd never get a CyberTruck in a million years. It's butt ugly.
- NotMyCircusNotMyMonkeys par for the course teething pains. makes me wonder what it was like 100+ years ago trying it with lead acid at the time. steam cars were also a thing back then :)
- NotMyCircusNotMyMonkeys people vote with their dollars. im not giving any to a jew hating aspie with a pube beard :)
- Astigmatism As someone with the means, the home charger, and an EV already in the household: God, no. If I wanted an electric truck, would get the Rivian over this thing eleven times out of ten. Even leaving Musk's personality aside, the Cyber Truck is the automotive equivalent of $1000 designer sneakers - they just make you look like an insecure jerkwad.
- Marty S This is the same wagon that Queen Elizabeth drove, and was recently auctioned. The wagon (sportbrake) came late to the X-Type and was very good looking and certainly nice with AWD. Unfortunately Jag gave up on the X-type shortly thereafter. The XE, which came years later, was a very different car, and more of a Jaguar, with a supercharged V-6.Jag has now decided to abandon all the ICE vehicles and go totally electric at a much higher price point starting in 2025. They also closed many dealerships. Considering the current sales resistance to EV's now happening (even Mercedes is having trouble selling their EVs), I think this may prove to be a very bad decision by Jaguar and I fear for the brand.