Everyone should know how I feel about electric cars, they are tits, and gay at the same time.
Shai Agassi’s company, Better Place, for example, has generated glowing magazine profiles, but it has managed to lose more than $500 million while selling astoundingly few cars. He stepped down as the chief executive, and his replacement lasted only a few months. It turns out that the things that are sexy to politicians and paradigm-shifting to conference audiences are not necessarily attractive to consumers.
As I blogged earlier another gay car company bled $100M off of the back of some bad reviews.