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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="VRYALT3R3D" data-source="post: 16716918" data-attributes="member: 131770"><p>Nothing Cenntro is doing is cutting-edge. The Tier 1 automotive chip suppliers already offer that technology(Qualcomm, Renesas, ON semi, etc) to OEMs like Ford and Rivian, among many others. Cenntro does not manufacturer it's chips so they are getting it from somewhere. And lol wow an app, so impressive. That is S<em>O </em>ground-breaking. This is a company that is not going to go anywhere. It is just a glorified SPAC</p><p></p><p>Now, companies like Tesla are disruptors that reinvented the auto business and challenged the flawed business models of traditional OEMs. Tesla is unconventional, in that it does direct sales to consumers and its able to augment revenue with related products and services, which leads to higher margins. Tesla doesn't need massive investment and capital intensity.</p></blockquote><p></p>
[QUOTE="VRYALT3R3D, post: 16716918, member: 131770"] Nothing Cenntro is doing is cutting-edge. The Tier 1 automotive chip suppliers already offer that technology(Qualcomm, Renesas, ON semi, etc) to OEMs like Ford and Rivian, among many others. Cenntro does not manufacturer it's chips so they are getting it from somewhere. And lol wow an app, so impressive. That is S[I]O [/I]ground-breaking. This is a company that is not going to go anywhere. It is just a glorified SPAC Now, companies like Tesla are disruptors that reinvented the auto business and challenged the flawed business models of traditional OEMs. Tesla is unconventional, in that it does direct sales to consumers and its able to augment revenue with related products and services, which leads to higher margins. Tesla doesn't need massive investment and capital intensity. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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