Everything posted by balthazar
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Will Competition Destroy Tesla?
huh???
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Random Thoughts Thread
Some of why I like this era so much :
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Random Thoughts Thread
Numbers / volume.
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Beautiful Cars Appreciation Thread
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Will Competition Destroy Tesla?
Irrelevant- the supply of money is endless and unbacked. Jeff Bezos having 180 billion (on paper) doesn't deprive you or me of one nickel. US Mint prints $500,000,000 every damn DAY. There's no such thing as equality of outcome- it's not how nature works, it's not how mankind works... and it's not anything any entity can force.
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Will Competition Destroy Tesla?
But the 'billionaire illuminati' don't 'win' buy buying Tesla at $600/share; they get in when it's $30/share and ride it uphill. Where's the 'super rich' push to pump up another 'Tesla' (Lordstown)?? Who cares if they ever make a profit- that's apparently irrelevant. Perhaps it simply doesn't work like your conspiracy theory says. Here's a secret- billionaires actually LIKE the occasional big loss- it offsets all the other 'wins'. Did you catch that ridiculous ProPublica release on the rich & taxing all wealth?
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Will Competition Destroy Tesla?
Sooo, why don't the controlling 'billionaire illuminati' "make" Tesla stock go to $3400/share (like Amazon) or $426,000/share like Berkshire Hathaway? Someone has to be the first trillionaire. ? The so-called 'super rich' certainly aren't only OR primarily invested in Tesla, and they likely already made their money. Like so many CEOs; they reap their benefits, pull the cord and jump... onto the next financial transport. They don't give a shit about the company itself. BTW... how did the 'billionaire illuminati' -who all "love electric car stocks" allow Lordstown to drop to $9.26 /share? A stock that was $10 on 06/20 and shot up to $30 by 09/20? Shouldn't it be $300-$500 by now? Who was asleep at the switch??
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Will Competition Destroy Tesla?
MAN is that an ugly & cheap looking interior! Rental-car grade by appearances.
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Will Competition Destroy Tesla?
'Boxing up' a powertrain offering should be common sense AND cost very very little. Hopefully, were Tesla to also offer such, they could at least sell these for a profit.
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Will Competition Destroy Tesla?
If you (almost) never make a profit as a manufacturer, bankruptcy is inevitable. The regular production 'history' of Tesla really begins with the Model S, which came out in 2012.
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Alternative Fuels & Propulsion RANDOM
It might, it's certainly possible. You can get a Duesenberg or a Cord or a V-16 Cadillac for a song and a Coke, since all the folk who grew up with them are dead. ? If there's actual evidence of "dwindling numbers" as far as collectible values, the aftermarket automotive market or people no longer building a vehicle 'their way' in uncountable numbers, I'd be interested in reading it. Remember where I came into this sub-discussion; with someone taking a BE powertrain OUT of a '67 Riviera in order to put a 430 CI V8 and a non-overdrive automatic back in.
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Will Competition Destroy Tesla?
So they're just going to build more & more & more cars at a $6 grand loss on each one??? 9 years of this shit business model and no profits, only driven by the whim of a perpetually-distracted ego-maniacal billionaire? He's going to get bored and wander off at some point. How long would you do YOUR job if you had to PAY to be there?
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Alternative Fuels & Propulsion RANDOM
idiots who "don't want to be bothered going to the gas station" don't dump "$100K" into lifted pickups. You're describing 2 completely different idiots. No argument on stick shifters, but let me ask- what's your source for the 'dwindling numbers'- are values on GTOs and Mustangs and '55 Chevys falling steadily recently?
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Alternative Fuels & Propulsion RANDOM
So your opinion is today's young kids are going to undertake retro-fitting vintage cars into battery-electric ones?? Where they getting the $70 grand to do that??? (EVWest charge: $50K + decent vintage car needing nothing else done to it: $20K). ? ? ?
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Random Thoughts Thread
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Alternative Fuels & Propulsion RANDOM
Of course not- it has almost zero appeal appeal-wise or financially. I'm not sure I get what you're speaking to.
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Alternative Fuels & Propulsion RANDOM
Some people, not surprisingly, prefer the tactile and audio impulses of a reciprocating power plant, a stepped, planetary gearbox and a tuned dual exhaust. Funny, that. On the heels of the news piece where something like 20% of BE vehicle owner are switching back to IC, I wouldn't remotely be surprised to see this 'de-electrifying' -especially in vintage vehicles- gain momentum.
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Will Competition Destroy Tesla?
Compare to a stock like Exxon-Mobil. It doesn't move much, price-wise (tho right now it's 100% above it's 52-wk low). But it pays a dividend- last one I saw was .87 cents/share. Have 500 shares and Exxon is paying you around $1750/yr. So even if the stock flatlines, your money is making you money. Take it as cash or buy another 28 shares and earn $1850 in dividends next year. Tesla gives you nothing.
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Will Competition Destroy Tesla?
Investors get in & out at the snap of their fingers. There's never been a dividend, so buy in, if it rises an appreciable amount; sell out. The company's financial health is marginal; that's not why investors bought in. They bought in for the (stock) ride. And BTW, I'm sure those that bought in between $600 and $900 are plenty concerned.
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Alternative Fuels & Propulsion RANDOM
Owner pulling OUT the electric motor conversion from his '67 Riviera, to return it to it's original 430 CI V8!
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Beautiful Cars Appreciation Thread
Phenomenal original-condition '63 Catalina. Those clear acrylic steering wheels cost about $1200 to have restored/recast :
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Item: 1964 Pontiac Grand Prix
UPDATE : My brother has bowed out of the engine rebuild pecking order; he's way too busy with work & building a garage/apartment addition at his place, which means I'm up next. Going to try to hold the builder to the promised '3 month turnaround'. But now I have to shift into overdrive and get this out & prepped. Moved some stuff around in Bay 3 to make room for the cherry picker moving around/planning The Yank. Then got sidetracked cutting the bum steel wheels off a 1940’s dress stand to convert it into a floor lamp (has an interesting cast iron 4-leg base).
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Will Competition Destroy Tesla?
Finally; quicker in the quarter than a Dodge. Impressive numbers... just don't see many takers out there. No, like I said; he's looking at a looming CASH FLOW problem.
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Car spotting in the first month of summer - June 2021
• White Mach-E zipping thru lanes like a typical BMW driver. Looks good tho. • rusted/tired red early '70s Maverick, moldering in the weeds next to a rural back road. • Early '50s GMC pickup project, very good sheet metal • repainted 'Petty Blue' '71-72 Charger, covered headlights, cosmetically clean, parked. • '65 LeMans convertible, some significant patches of body rot, Iris Mist, project
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Item: 2021 GMC Sierra 1500 Duramax
After CARiD shipped me a bed mat for a Ford Super Duty, finally got my GM bed mat in. Took a 95-mile round trip today; bought a spare hood & rear bumper for my brother’s ‘71 GTO and dropped it off. Working thru the prior-to-me 110 miles out of the 400-mile MPG window… look at both the MPG and the miles driven/fuel gauge :