Alas, too true. Unfortunately Mr. De Lorenzo has it right IMHO. The history of the US auto industry is littered with the carcasses of failed startup companies, and quite a few more established ones too. Which is why my scam alert goes off every time I hear about a new one.I think most of these start up companies way underestimate the cost of engineering and tooling for a production car. Even Elon has said if he had known, he probably would not have started down that road.