Opinion seems to be that Ferrari failed in building an electric car that no-one wants to buy.
I wonder if they deliberately built something they know won’t be a success so they can point to that failure as pushback on regulations that would prevent them continuing to build traditional petrol cars.
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These sorts of calculations always do my head in.
It’s likely that the $4M has some rate of return, meaning that you could do this on a bit less. Well, as long as the return exceeded the increase in median income each year. You don’t want the capital to run out before you.
Not shady, and not strictly a finfluencer either, but Chris Kohler has more hits than misses in his finance inspired short videos.
April Hill Writing