Krugerrand
Meow
Nor will they spend that much over the next 5 years. No they aren’t. All talk, no action of any significance. Die.They do over the next five years.
They are not going to spend $30B on EVs and AVs over the next 12 months.
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Nor will they spend that much over the next 5 years. No they aren’t. All talk, no action of any significance. Die.They do over the next five years.
They are not going to spend $30B on EVs and AVs over the next 12 months.
They may have $30B of cash on hand right now, but they won't be able to spend any significant portion of it. GM's current assets total $80B. Their current liabilities also total $80B. Flipping through their historical annual income statements, the most they've got was like $9.6B. The average is more like $6B. Looks to me like they'll need at least half a decade worth of net income to finance a $30B investment in EV. That's gonna a touch pill to swallow.No you didn't fix anything.
GM has over $30B cash/equivalents on hand right now.
GM had a $3B profit in Q1 2021 and is expected to earn a profit of $4B in Q2 2021.
They don't need a secondary offering nor have everything go perfectly.
The won't need to. The "planned" spending on EV's is merely a charade to save their place at the government bailout trough.Nor will they spend that much over the next 5 years. No they aren’t. All talk, no action of any significance. Die.
I think this is spot on. Ford is actually putting out some EVs that have merit. The mach-e is not a terrible car actually, has some innovation, has some features such as a large battery that show some understanding of the key "needs" of an EV sold in the USA, the manufacturing showed a combination of a first in a new platform kludge and savvy international procurement. The truck is looking ok too.The won't need to. The "planned" spending on EV's is merely a charade to save their place at the government bailout trough.
ExcellentThey may have $30B of cash on hand right now, but they won't be able to spend any significant portion of it. GM's current assets total $80B. Their current liabilities also total $80B. Flipping through their historical annual income statements, the most they've got was like $9.6B. The average is more like $6B. Looks to me like they'll need at least half a decade worth of net income to finance a $30B investment in EV. That's gonna a touch pill to swallow.
Excellent
But, but, but, the Government!Nor will they spend that much over the next 5 years. No they aren’t. All talk, no action of any significance. Die.
The SEC is controlled by hedge funds and short sellers so I'm not sure what you were expecting them to do. If they leave Elon alone from now on I'll be happy enough.And the SEC will have nothing to 'investigate'.....yet....they have the resources to 'investigate' tweets by Elon...makes complete sense.....
Their job...maybe....oh wait....that's too much to ask.The SEC is controlled by hedge funds and short sellers so I'm not sure what you were expecting them to do. If they leave Elon alone from now on I'll be happy enough.
One of my worst childhood memories is watching one of my friends hit by a bus while riding a bike. Happened out near Manteca, CA.Cars vs bikes are a major problem that forever changes lives.
May Teslas forever change this problem.
Surprisingly, that's actually the safest place for a cyclist. All the other way puts the cyclist at either 90 degrees to the traffic or worse, facing the traffic, so the driver never sees the cyclist because the cyclist is not where anything is expected.American road and street design is a travesty. Every time I ride one of these "bike lanes" putting kids on bicycles right next to cars whizzing by at 50mph, I want to strangle a road engineer. Dunno if self-driving cars will fix the problem, but I'm a strong advocate of pedestrian safety standards in car design, and fixing America's atrocious street design.
What's good about publicly revealing Tesla's advancements sooner than later to potential competition?At the end of his latest MachE video Sandy mentions that he's bought a Plaid and expects it in 2 weeks.
"13 - You'll only find fart mode in a Tesla"... that's a shame, because I subscribe to the NYT and I like to fart a lot...Occasionally, there’s an entirely positive article published, though we tend to only focus on the FUD. Mashable is not going to be confused with the NYT, but hey, it’s something, and their audience is a good demo for Tesla.
14 Tesla features your regular car definitely doesn’t have
You'll only find fart mode on a Tesla.mashable.com
What competition?What's good about publicly revealing Tesla's advancements sooner than later to potential competition?
The group proposes spending $360 billion for roads, bridges and major projects; $48.5 billion for public transit; $66 billion for rail; $55 billion for water infrastructure; $65 billion for broadband and $73 billion for power infrastructure. In addition, the group is proposing spending $47.2 billion on climate resiliency, $25 billion for airports, $10 billion on electric buses and $16 billion for ports