Comments by "Diana Pennepacker" (@dianapennepacker6854) on "The Pathetic Downfall of Mullen Automotive" video.

  1. New car companies are hard enough to get profitable. (Forgot the statistic) Let alone an EV company with unproven technology? Yeah, those who invested were asking for it. Basically gambling with a hope, and a prayer. Then again they are likely filthy rich, and the odds outweigh the risk? Even then I feel like shorting it is the better option statistically. I was told always focus on manufacturing when it comes to new car companies unless they are high end. If they don't have answers on how they reduced price or how parts weren't designed to be streamlined then don't bother. Ease of manufacturing is what separates a Tesla from a Lucid. I am an EV person too. In a decade or 15 they will outperform ICE in everything, but long distance non stop travel. Which is very niche.
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  2.  @koltonriley5929  That is a valid point. Can absolutely get rich off it all too. Don't forget high tech algorithms now buying stocks due to something an other computer did. I actually don't know much, but saw a guy indirectly talking aboutit. Patrick Boyle I think? Kind of said computers are basically buying and selling thousands of times a day from each other all trying to get the advantage. Creating just weird anomalies in the market. It made me laugh on how absurd the stock market really can be. I don't have to understand it! I am ignorant for sure. It is just like... I am thinking I am in the wrong buisness. I need to con some of these venture capitalists to invest, and then give myself a huge salary! PS - I know I said Lucid. Lucid are actually amazing vehicles, and have a lot of great tech, but I just don't see how they'll get profitable anytime soon. I want to be wrong, but the new car is hideous looking.
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