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Seems like starting an automotive manufacturing company would be far worse as a prospect yet they are popping up everywhere. That automotive industry has always been a case study in great ideas failing hard. If you succeed you get to compete with everyone else who has to fight and scratch for a profit while juggling one of the most complex undertakings imaginable. There are 150 year old established brands like Chrysler that have/are failing now.

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The cost of a fab for each new process node is roughly double the cost of the previous node.

That’s not true for cars. In fact, starting a new car company is probably cheaper than a few decades ago, since most part manufacturing has been outsourced.

> That’s not true for cars. In fact, starting a new car company is probably cheaper than a few decades ago, since most part manufacturing has been outsourced.

Also most if not all the new car companies are building electric cars. My understanding is those are (in many ways) simpler to make than internal combustion engine cars.

Chrysler is only 98 years old, not 150.

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