motley fool pycast's Eddie alterman says car makers have historically played out to be bad investments. The way that these businesses are managed, the amount of money they pump into an economy is just not getting enough credit for it,. These are incredibly capital and tensive businesses. Things can go wrong if somebody makes a bad bet. If you look at what happens to nation's economy when a car maker goes away, that's the value.
Eddie Alterman really likes cars. He is the Chief Brand Officer of Hearst Autos and was the editor-in-chief of Car & Driver. Alterman’s new podcast is called “Car Show! with Eddie Alterman”. He joined Ricky Mulvey to discuss: - Why autonomous cars feel farther away today than in 2017 - One way that Tesla could become the new Standard Oil - Ferrari’s strategy toward electric cars - Why traditional carmakers may not get enough credit from investors - Cadillacs with dry bars and LP record players
Host: Ricky Mulvey Guest: Eddie Alterman Engineer: Dan Boyd
Stocks: BMWYY, TSLA, F, GM, BA, POAHY, RACE, HYMTF
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