The famous vacuum-innovator has been planning a major push into Electric Vehicles. With decades of expertise in electric motors, batteries, aerodynamics and luxury consumer products, this may not be as crazy as it seems. Dyson posted $5.7B in revenue & $1.4B in profit in 2018. The company has plenty of capital and is investing at least $2.7B to bring its EV to market. The car will be build in Singapore, and is planning to launch in 2021. Let me know what you think in the comments below!
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LINK - picture in thumbnail video is from GQ: https://www.gq-magazine.co.uk/article...
LINK - CNBC report on Dyson EV plans: https://www.cnbc.com/2019/05/10/vacuu...
LINK - Dyson Website: https://www.dyson.com/en.html
LINK - Curious Elephant video about Dyson's EV: • Why is Dyson building electric cars i...
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Disclaimer: This video is purely my opinion and should not be regarded as factual information. I am not a financial advisor. This is not a recommendation to buy or sell securities. Do not assume any facts and numbers in this video are accurate. Always do your own due diligence. As of 05/13/2019 HyperChange host (Galileo Russell) is invested in shares of Tesla (TSLA), Arcimoto (FUV) and long Maker & Bitcoin.
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