• BarqsHasBite@lemmy.world
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    6 hours ago

    Telo started 3 years ago, probably pitching for VC a year or 2 longer. Things have changed a lot in the last 4 to 5 years.

    Aptera was founded 2019, originally 2006. And a trike? Not gonna be mass market.

    Slate also started 3 years ago. When the visions of getting rich off EVs was still dancing in everyone’s head (not that bezos cares about that).

    The business has moved. Smart money would not start a car company today without a competitive advantage like battery tech.