Tech Titans Stumble: Tariffs & Innovation
Update: 2025-12-21
Description
Three tech companies, iRobot, Luminar, and Rad Power Bikes, grapple with tariff pressures, failed deals, and challenges in moving beyond their initial successes. iRobot, known for Roombas, faces regulatory hurdles in selling to Amazon, while Rad Power Bikes struggles with battery recall issues. All three rely heavily on Chinese supply chains, making them vulnerable to global trade fights and intense competition. Their stories underscore the risks for hardware startups in todays fast-paced, innovation-driven world.
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