The chapter delves into the difficulties encountered by an automotive company and its CEO, touching on capital shortages, failed negotiations, bankruptcy, and insights gleaned from past setbacks. It also offers advice for potential future endeavors, emphasizing the significance of adequate funding, industry breakeven comprehension, and fundraising strategies akin to those of Elon Musk.
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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