“They may be miners digging ore for steel in Finland, workers molding tires in Thailand, or Volkswagen employees in Slovakia installing instrument panels in SUVs. Their livelihoods are at the mercy of supply shortages and shipping chokeholds.” How Car Shortages Are Putting the World’s Economy at Risk.

+ Those shortages don’t seem to be hurting the valuations of some car companies. The Amazon and Ford backed Rivian is set to IPO at a valuation near $55 billion. Investors are (glove) compartmentalizing the chip shortage news.

+ Even toy cars are taking a hit. Hasbro hit by supply chain woes as $100M in orders go unfilled.