# Have Car Companies "Innovated" Themselves Out of Business | How Money Works

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Text version: https://stenobird.com/podcast/how-money-works-7289568/have-car-companies-innovated-themselves-out-of-business-how-money-works.md
Podcast: [How Money Works](https://stenobird.com/podcast/how-money-works-7289568)
Published: 2026-07-24T17:21:00+00:00
Episode link: https://traffic.megaphone.fm/PODAGEN2270686400.mp3?updated=1778656051
Audio file: https://traffic.megaphone.fm/PODAGEN2270686400.mp3?updated=1778656051
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Duration seconds: 965

## Resource

Have Car Companies "Innovated" Themselves Out of Business Start creating for free at https://www.odoo.com/r/T48. Trust me, you’ll find it’s never been easier to share your passions online. ----- Link to the (traitors) new channel - https://youtu.be/2JoWfQKQAzc?si=zj65-mL7CxJHJ3Sk Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @howhistoryworks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #cars #business #finance Over the last 2 decades very few major markets have seen changes quiet as widespread (and expensive) as the car industry… A push towards electrification, new major competitors from China and South Korea, self-driving technology, tighter regulations, and hundreds of billions of dollars in investor money has made it EXTREMELY difficult for companies to adapt to every single last change while ALSO delivering a product that’s not… terrible Dozens of companies are betting their entire future on the next five years, but that’s happening as a lot of people are still underwater on their last car… so they’re not in a rush to buy their next. Technology is changing so quickly that cutting-edge cars today might be COMPLETELY redundant in a few years’ time, meaning the right thing to do for most drivers is to sit back and wait. The investors on the other hand are realizing that if you invest billions o…

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