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GM killing the Volt, shuttering 3 factories

Discussion in 'TSLA Investor Discussions' started by neroden, Nov 26, 2018.

  1. ℬête Noire

    ℬête Noire Active Member

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    Meaning #32

    The UAW has a large conflict of interest w/regards to Tesla. They need not be the only option, though.
     
    • Like x 1
  2. electracity

    electracity Active Member

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    Mary Barra's desk is, at most , a 1000 feet from Ontario. It's understandable why GM has strong historical ties to the province. But I don't see why Tesla would be interested.
     
  3. mspohr

    mspohr Active Member

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    Here's a system that worked well for Belgium in an earlier time:

    The CFS’s Bulletin Officiel for June 1896 notes that “The results obtained by M. Fiévez are unrivaled. The district produced in 1895 more than 650 tons of rubber, bought at 25 centimes per kilo … and sold in Antwerp at 6 francs 50 centimes per kilo.” (That’s a markup of 2,500 percent, for the business-minded among you.) Of course, these incredible profits came at a price. After one expedition, Fiévez reported killing 1,346 people with “only 2,838 cartridges,” and devastating “162 villages, burn[ing] the houses and cut[ting] down the crops to reduce the population by hunger.” In return, the chiefs promised to “supply each month 1,562 portions of 15 kilos of rubber.”

    Was This Real Monster the Inspiration Behind 'Heart of Darkness'?
     
    • Informative x 1
  4. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

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    Yup yup. Free 10% swing in 24hrs. What a nut job.
     
  5. brkaus

    brkaus Active Member

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  6. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    Looks like a full square mile to me, which would be 640 acres. Startlingly large.

    That's true.
     
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  7. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    And long before that, Fremont was considered to have very high costs and very low productivity. What's your point? Just because GM structured it to have high costs, doesn't mean Tesla has to. I'm saying it's a great location. It has its own frickin' PORT. They don't have to hire the ex-UAW workers; they can draw on a huge labor pool.

    Another point: in an apples-to-apples comparison, any operation in Canada should have permanently structurally lower labor costs than in the US simply because Canada has single-payer health care so the employer isn't on the hook for giant health insurance costs.
     
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  8. electracity

    electracity Active Member

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    Trump can't cut EV incentives AFAIK. If the republicans had kept the house at least his threat could be plausible.

    This would be a good time for GM to show the next vehicle planned for the Bolt platform. Or pay Tesla to use the superchager network. Something that is forward looking.
     
  9. nwdiver

    nwdiver Active Member

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    ROFLMAO
     
    • Funny x 1
  10. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

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    GM is dying. Just let it die.
     
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  11. ℬête Noire

    ℬête Noire Active Member

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    Rush something half-assed through a lame duck House and then McConnell using his Calvinball gavel to push it through the Senate. McConnell will lose it on Trump for suggesting he jam it into the schedule McConnell already has but it is a plausible threat.
     
  12. wdolson

    wdolson Supporting Member

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    The votes probably aren't there in the senate. The Republican senators from the Upper Midwest would be cutting their throats if they voted for anything that hurt the car industry further, and they will already be facing some stiff headwinds the next time they run for re-election.

    There is an outside chance it could happen, but it's unlikely. So far in the lame duck session Congress has not really done much of anything.
     
    • Informative x 1
  13. ℬête Noire

    ℬête Noire Active Member

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    Last year Congress leadership managed to convince several House Reps to cut their own throats on the tax "cuts" bill, particular those in CA, NY, and NJ. However I do agree it is unlikely for the reasons you give, just technically possible.

    P.S. Trump being "Constitutionally Illiterate & Rule of Law Loathing" Trump, he chose to word it such that it was something that would only apply to GM (which is ironic given that GM's wind down is likely to trip on 200K units sometime in Q1 or Q2). So who knows if he's actually follow through on this particular rash statement.
     
  14. bhtooefr

    bhtooefr Member

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    And that'll be why I haven't bought a put against GM...
     
  15. ZachF

    ZachF Member

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    Can we count the CT6 as Tesla's first victim?

    I know it wasn't much of a competitor, but...
     
    • Like x 1
  16. Barklikeadog

    Barklikeadog Active Member

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    The carnage is people buying SUVs and trucks instead of sedans.
    10 years ago 10 of the top 15 selling vehicles were sedans (1,2,3 pickups, #9 and #15 suvs)
    Now the pickups are still 1,2,3 and most of the top 15 are SUVs.
    No sense in making crummy sedans that nobody wants, drop that ball and chain now
     
    • Funny x 1
  17. EVMeister

    EVMeister Member

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    Indeed. It's better to make highly desireable sedans that people will queue up for and patiently wait many months to own instead. Exactly as Tesla ar doing.
     
    • Like x 2
  18. wdolson

    wdolson Supporting Member

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    In the US, if Tesla had released the Model Y first, it would have been even more popular. The Model S sells because it is classified as a sedan, but it really isn't one. It has far more utility than a standard sedan because it's a hatchback with folding seats than a car with a conventional trunk.

    Sedans still sell in many other countries and the Model 3 will probably do well in other countries, but the Model Y will likely bury Model 3 sales in the US when it comes out.
     
    • Like x 1
  19. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

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    If they grab a good established design person. Fisker shitting the bed and leaving ruined the first gen Model X's chances of success.

    Back on topic....GM is now going with the narrative that Trump is trying to stop them from building electric cars?
    A) In what way are they "trying to build electric cars"
    B) Trump clearly said his problem was they wanted to build them IN CHINA while closing US plants.
     

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