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Originally Posted by dc_dux
I suspect its more to due to the difficulty in raising $100 million in venture capital to produce a car that will cost $100,000.
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The reason it takes up to $100 million or more in venture capital is in part due to regulations governing the production of motor vehicles. Even adjusting for inflation it did not take Henry Ford $100 million to introduce the nation to the Model T. Regulation is a major barrier to new competitors entering a market, even if they do have a "better mouse trap".