Re:Vietnam’s Richest Man Bets $2B to Sell Cars to Americans
by SQL2219 on Monday December 09, 2019 @06:48PM
(#21748022)
Wow, this is a $2B mistake. Funny thing about very wealthy people, they think because they had success in one area that it will translate to success in another. Most likely their timing and luck were perfect early in their career. I don't think timing is on his side here.
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Re:Vietnam’s Richest Man Bets $2B to Sell Cars to Americans
by LeonM on Monday December 09, 2019 @07:05PM
(#21748164)
Those are the exact same comments as people had on Tesla roughly 8 years back. There even was a whole website dedicated on the Tesla 'death clock', predicting when they would go bankrupt.
Only time will tell.
Re:Vietnam’s Richest Man Bets $2B to Sell Cars to Americans
by rdtwo on Tuesday December 10, 2019 @10:45AM
(#21753485)
Jury is still out in Tesla, I suspect they will still go BK at some point and that’s probably the best thing that could happen to the car imo. They could take the best stuff and shed some of the debt and musk issues
Re:Vietnam’s Richest Man Bets $2B to Sell Cars to Americans
by huydotnet on Monday December 09, 2019 @07:16PM
(#21748258)
This guy is not an ordinary walthy people who think he can success in one area so he can translate it to another. He actually succeed in way a lot area before jumping to auto making. I can't predict the result of this move but I'd say, he not that type of wealthy people.
Re:Vietnam’s Richest Man Bets $2B to Sell Cars to Americans
by 9nGQluzmnq3M on Monday December 09, 2019 @07:34PM
(#21748377)
Vingroup is a classic Asian conglomerate that is already varyingly successful in half a dozen fields ranging from retail to real estate and hospitals. The key challenge is whether they can make money outside their home market of Vietnam.