cyruseuros

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  • 18 Comments
Joined 4 years ago
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Cake day: February 26th, 2021

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  • While increasing energy efficiency and available space, both of which can be used for extending EV range (by adding more batteries that deplete more slowly) - one of the biggest EV issues right now.

    Or you could just fit a mini party bus inside a hatchback, whichever you prefer.

    To your point though, one of the othe big EV issues is cost (both purchase and maintenance) - even if a large chunk of it is artificial. Wonder what the price tag and lifespan on these things will be.





  • That could be true, I don’t know honestly.

    But then it’s an issue of bad fee structures, or rather overestimating defaulter numbers. It’s not like the amount of money you make from fees reduces as your interest earnings go up, so - if this is indeed the cause - the only thing I can conclude is that to meet their total projected earnings they assumed people would default en masse. Bad long term business and slim margins if you ask me.

    At the same time I have a hard time not drawing a parallel between this and GS Marcus. Apple had nothing to do with the latter and both went under (effectively), with both being forays into regular consumer services for GS.

    Then again I’m just an armchair general. What do I know.