Sta Hungry Stay Foolish

Stay Hungry. Stay Foolish.

A blog by Leon Oudejans


Woke capitalism, a new oxymoron

Money is most successful when it operates in the background and/or in the shadows. Whenever Money takes the lead within the Power domain of the 7 Belief systems, it will be crushed by either Politics (eg, China) or Religion (eg, Iran). American businesses used to appeal to all Americans. Not anymore. Recently, the Economist published an article that Republicans are...

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Climate change hits electric-car making (Bloomberg)

Bloomberg Hyperdrive title: Climate change hits electric-car making By: Stefan Nicola Date: 22 August 2022 "Automakers racing to make more electric vehicles have a problem: climate change is catching up with the industry. On Monday, authorities in China’s Sichuan province — the source of about a fifth of the country’s lithium production — extended...

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EVs bring fun features… and recalls (Axios)

Axios title: EVs bring fun features... and recalls By: Hope King and Nathan Bomey Date: 29 July 2022 "With Congress potentially poised to recharge a $7,500 federal tax credit to push the sale of more EVs, new buyers may need to prepare for some early headaches — recalls. Why it matters: Electric vehicles are more likely to have defects than...

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Big Tech hit by dollar’s strength (Axios)

Axios Markets title: Big Tech hit by dollar's strength By: Matt Phillips and Emily Peck Date: 1 August 2022 "Big technology companies are reaping the whirlwind of a strong dollar, as the sector becomes an unlikely victim of foreign exchange volatility, Axios' Javier E. David writes. Why it matters: In normal times, car companies and other multinationals...

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Subscription services in Automotive

Last week, BMW announced a subscription service for heated car seatings (eg, Ars Technica, BBC, the Verge, WSJ). This development would allow for: (i) lower production cost (ie, standardization), (ii) an artificially lower manufacturer's suggested retail price (MSRP), and (iii) increase of post-sale "rental" revenue. This innovative idea sounds too good to be true....

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An iPhone on wheels: the existential challenge for carmakers (FT)

Financial Times title: An iPhone on wheels: the existential challenge for carmakers FT subtitle: The spread of Apple’s CarPlay system is a threat to the auto industry By: Peter Campbell Date: 13 July 2022 "To sound smart, some car manufacturing executives have defaulted to calling their product “an iPhone on wheels”. The phrase helps investors conjure up images of...

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