![]() ![]() ![]() Startups like Faraday Future, Canoo, and Lordstown Motors have collectively raised billions of dollars even though they won’t sell cars until next year at best. Rivian passed every automaker in market cap except for Toyota and Tesla despite only shipping a few electric pickup trucks. Hertz announced a deal with Tesla and hired Tom Brady to make commercials, and then Elon Musk said the deal wasn’t done. But weirder things have happened, especially lately. Now, are those things related? Probably not. Not long after, Mattel’s stock pared back early-morning losses and finished the day’s trading slightly in the green. ![]() The mockup was, according to Roadshow, based on an all-electric Fiat 500e. Mattel promoted a new toy Barbie car on Wednesday by showing off a full-size mockup at the 2021 LA Auto Show.
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