(Bloomberg) -- It’s a familiar story: A business mogul parlaying much of his fortune into a massive bet on electric vehicles, only to fall on hard times. Pham Nhat Vuong is among the latest to take after Elon Musk, the PayPal mafia member who made it through what he famously described as Tesla Inc.’s “production hell.” Other examples include James Dyson, the household-appliance billionaire; Jia Yueting, founder of the Netflix of China; and Hui Ka Yan, the embattled property tycoon behind China Evergrande Group.