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G. David Felt

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Everything posted by G. David Felt

  1. Eron started out as a Legit business, a merger between Houston Natural Gas and InterNorth but then changed under CEO Kenneth Lay into energy trading and utilities, and I agree with you that they did commit fraud on many levels, but the review by the SEC showed that the last few years just before the collapse was when this all happened. So, two companies wanting to become bigger, merge, continue to have success and then move into other areas of possible growth, but due to incompetence by the executives on risky trading and other areas started to inflate profits to hide the trading losses. The CEO was like a Gambling addict who wanted more and more and yet as he lost, he figured he could hide it till he struck it big and then right side out the company. Sadly, at the expense of so many people he destroyed the company and many employees and investors savings. I have NOTHING against the Technology or the people at Tesla who created very solid Motors, Controller boards and battery packs. My issue is with the person who bought himself a CEO position and the constant lies even now at the quarterly report on what Tesla will deliver. He now hides things, and I suspect the use of AI, Robots, FSD, Robotaxi, etc. are all used to conceal the shaky nature of Tesla. I do suspect Tesla is playing a house of cards and is not as secure as they tend to present. IMHO
  2. 🤢 Kinda feel it has a Snowplow face that only a mother could love. Terrible style imho
  3. Easy, Enron grew and became profitable and kept growing and with the growth crazy CEO led comments about future growth, then everything just vaporized and people lost everything. Tesla has also grown, become profitable and the current idiot CEO keeps promising the sky of BS. I feel the floor could verywhell drop out from under them.
  4. Will be interesting to see the whole 3/4 view image with that back wing.
  5. Crazy American's willing to gamble on poor leadership in Tesla. Makes no sense and like ERON, I now feel that TESLA will be a scam that leaves the stockholders crying in the future years. TESLA = PONZI scam I also still like Stihl and have my Dads chain saw that still runs great. Newer stuff might be more questionable.
  6. Buick like Chrysler are Dead Auto Brands stagnant. The Tariffs are just stupid and if you do the full 245% that has been in the news makes Buick dead, dead, dead. Then we have Mazda announcement that they have stopped all production of the CX50 model for the Canada market as they are not going to deal with the Tariffs to go over the border. As such, people laid off, less product, but Canada will now get their CX50's from Japan according to the news. Buick like Mazda are now casualties of idiot leadership by a person who never has had to work hard let alone build anything in a global market.
  7. Seems GM has surpassed Tesla in battery cell production according to Bloomberg story and interview with Mary. GM Produces More Battery Cells In The US Than Tesla
  8. Excuses for the guy about having PTSD. He is a bully, an idiot and deserves in Jail.
  9. Not Overthinking is a good thing this year with all the craziness going on. Washington just raised their gas tax 6 cents per gallon, so 55 cents for WA tax and 18.4 for Fed tax, so a 73.4 cents in fuel tax on top of the gas price. On average 40 to 45 cents per gallon cheaper at Costco/Sams Club here. Worth waiting in line unless I have a dollar discount at Fred Meyers which I get about once a month. Makes it worth fueling up at their slow pumps to save $32 on a tank full. Like you Drew, not renewing Sams Club, just not seeing the value in comparison to Costco here. Sadly Dell has done a RTO for full campuses, Hybrid for all others. As such, I now have to go into work 3 days a week. Lucky our Light Rail just opened up, so rather than 1 to 1 1/2 hrs in my own auto to drive into Seattle. I can drive 5 min to the Lynnwood rail station, jump on the train and be 4 blocks from the office 35 min later. Seattle requires all businesses to provide mass transit passes, good on the busses, trains or ferry system. Looking at fueling up every 4 to 5 weeks now for my Escalade.
  10. Yes sad but he did have his time. While not a religious person, I was happy he was from humble roots in Brazil. He related to the common humanity across our globe way better than some pops that came from well to do backgrounds and felt they were a cast above the lowest group of homeless people. RIP Pope Francis.
  11. We are only at the beginning of a Major Recession if not an outright depression due to Stagflation, the increase in inflation, increase in costs and all Americans being Fleeced by the Idiot Lemmings in DC allowing Idiot47 to destroy the country. Seems the latest is that most auto assembly workers are living pay check to pay check. As such, when companies lay off to stop production due to the economic down turn, many will loose everything I fear. Sad that so many studies show 3 out of 4 workers are living paycheck to paycheck in the U.S. 2025 wage reality: Millions of workers living paycheck to paycheck This is one of the best in depth reads on all income levels and how or why they live paycheck to paycheck. Who Is the Paycheck-to-Paycheck Consumer in America?
  12. This is very cool story, history of when GM started to look at building mass production EVs. Great video of the EV in the story. Retro Rides: The 1969 all-electric GM XP 512E concept Seems GM is sitting on thousands of unsold BrightDrop vans. As such, they are going to lay off the CAMI plant workers till the fall and then only bring back a smaller group of workers. GM throttles down BrightDrop production at CAMI plant Seems the biggest part of the problem is that GM is over $20,000 more than the equal van from Ford in e-Transit form. GM faces BrightDrop EV crisis: Overflowing lots and mass layoffs
  13. This is pathetic and will hurt America and the Citizens long term. The folk at the end is sad as this is the worst tech layout in a long time and no one is hiring. I feel for all those that have lost their jobs.
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