The chapter delves into the competitive landscape for non-Tesla EV startups, mentioning BYD as a potential contender, and discusses the struggles faced by companies like Fisker. It also examines Wells Fargo's flawed assumptions on credit card projections, highlighting their miscalculation regarding customer behaviors and revenue generation.
Sometimes, a billion bucks just isn’t enough to kickstart the engine.
(00:21) Asit Sharma and Mary Long discuss Fisker’s bankruptcy and Wells Fargo’s latest credit card bet.
Then, at (17:22), Ailson and Bro tackle the listener mailbag, answering questions about retirement distributions, target date funds, and commodities.
Learn more about the Range Rover Sport at www.landroverusa.com
Got a question for Alison and Bro? Email it to podcasts@fool.com
Companies discussed: FSRN, TSLA, WFC, GSG, DBC, GLD
Host: Mary Long
Guests: Asit Sharma, Alison Southwick, Robert Brokamp
Producer: Ricky Mulvey
Engineer: Dan Boyd
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