this post was submitted on 18 Jul 2025
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Electric Vehicles
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They have some valuable IP (patents and designs around their battery and charging systems, mostly), but none of their physical assets are really worth any more than face value (at the end of the day a battery factory is a battery factory).
Potential buyers would be far better off waiting for them to collapse and then snaffling up the IP on the cheap. Paying their current meme stock price is just throwing money away.