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/biz/ - Business & Finance

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>> No.17023365 [View]
File: 219 KB, 496x451, 81a727b18e2b33626aae3d5d0fa1c0aa3df8a544ef64af83a640a89b94e4be08.png [View same] [iqdb] [saucenao] [google]
17023365

>90% of car companies go bust
>Highly overpriced
>Not very profitable
>Luxury cars take massive nose dives during recessions and a big one looms in the horizon
>Kept afloat due to low interest rates
>Its technological moat that makes it somewhat valuable might collapse if hydrogen cars dethrone electric cars as cars of the future


Yeah im thinking they are going bust in the next recession and are going to be bought by GM or some shit

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