Source: Bloomberg
Summary
The company aims to produce an affordable electric vehicle by using 3D-printed Lego-like parts and adopting Formula 1 strategies. The team, led by Tesla veteran Alan Clarke, focuses on efficiency to achieve this goal. A bounty program is also in place to support the effort.
Our Reading
The announcement sounds ambitious.
The company’s approach involves combining 3D printing, Formula 1 thinking, and a bounty program to increase efficiency. The goal is to produce an affordable electric vehicle. The team is led by Tesla veteran Alan Clarke. Same script, different players. Because what’s innovative is always reassembling the same pieces.
Author: Evan Null
