Dell’s new deal with Rachor will be investing a combined $500 million in their new joint-venture, reports Automotive News, but the 43-year old entrepreneur is confident there is opportunity throughout the segment.
"When people are panicking and don't really know what to do, that's probably the period of greatest opportunity from an investor's standpoint to make changes and do good things," Dell explained during a Detroit Economic Club meeting today.
Dell even hinted that his computer technology could eventually filter across to cars, revealing that there had been discussions with a number of carmakers.