34 karma · joined November 6, 2021
Just stop. In five years' time, you'll wonder why you didn't stop sooner.
https://campaignsandelections.com/industry-news/how-american...
Basically, plastic is bad news. It's amazing that things have gotten so far and there is still, as far as I know, no sign of the plastic pollution trend reversing.
$71 million cash
$95 million short term investments
https://foundation.wikimedia.org/w/index.php?title=File%3AWi...
Google News too has become flaky. Often does not find stuff you know is there, or finds it one day, but not another. Hrmph.
The same applies to Wikipedia sometimes, which, being free, achieves a degree of visibility and ubiquity (across search engines and voice assistants) it doesn't always deserve.
https://www.nytimes.com/2021/10/14/nyregion/raymond-pettibon...
The New York Times writer was of course unaware of how this played out on Wikipedia.
https://www.statista.com/statistics/541390/global-sales-of-p...
Not long ago, the incumbents ridiculed Tesla and did their best to publicise various teething problems at Tesla .. production delays, fit-and-finish issues, etc.
That's a human reaction from people who've invested their whole careers into building IC engines. But it's precisely indicative of foot dragging: rather than focusing on leveraging their greater manufacturing expertise in the fight for EV market share, they underestimated the challenge coming their way.
I think they have a point – existing manufacturers will have to spend a lot of time and energy divesting themselves of all the plants and workforce that will become useless, and/or converting and retooling facilities and retraining staff as they abandon the manufacturing of internal combustion engines and navigate the transition.
All of that necessarily involves looking backwards and takes mental energy away from future-forward product development. Companies that don't have to invest a significant part of their management resources in dealing with legacy have a potential advantage.