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The demise of the OEMs
- Thread starter Buckminster
- Start date
adiggs
Well-Known Member
Something tells me the BMW fellow didn't understand the humor in his response.
All they need is two blind customers per day to fill their production quota:
Knightshade
Well-Known Member
2x the time to reach 60 as the ~1/3rd as expensive Plaid, and a larger battery for less range.
Still between this and the hummer you've got to admire GMs strategy of electrification by models almost nobody buys.
Still between this and the hummer you've got to admire GMs strategy of electrification by models almost nobody buys.
adiggs
Well-Known Member
I gotta say - I didn't expect something like this to show up among the news of the demise of the auto oems.
I wonder if there's a problem in the reporting - at $150/hr, that sounds to me like the UAW is trying to put itself out of business, and union members out of work.
EDIT: ahh, I think I see where the pay raise demand is coming from. CEOs have seen 40% pay raises, thus the union demanding the same. That I am sympathetic to, but the solution won't be 40% for line workers. It makes a nice sound bite, but while BoD can hand out 40% pay raises to 1 to 5 individuals in the company, they can't hand those out to the other 99% of the company, and stay in business.
Maybe this will put some pressure to keep CEO pay down.
EDIT 2: Even if its those CEOs getting the 40% pay raises that are making choices that will put the company out of business! That's a good gig if you can get it - get paid a lot of money, with big pay raises, while making decisions that will put your company into bankruptcy.
UAW leader defends union's lofty demands, (literally) trashes Stellantis contract proposals
UAW President Shawn Fain heavily criticized early-bargaining proposals from Stellantis before throwing the packet of papers into a trash can.
www.cnbc.com
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If I value Optimus at $25k per annum, am I still a super bull? My valuation already assumes that everyone in the world needs to empty their pockets and hand their cash to Tesla...I gotta say - I didn't expect something like this to show up among the news of the demise of the auto oems.
I wonder if there's a problem in the reporting - at $150/hr, that sounds to me like the UAW is trying to put itself out of business, and union members out of work.
EDIT: ahh, I think I see where the pay raise demand is coming from. CEOs have seen 40% pay raises, thus the union demanding the same. That I am sympathetic to, but the solution won't be 40% for line workers. It makes a nice sound bite, but while BoD can hand out 40% pay raises to 1 to 5 individuals in the company, they can't hand those out to the other 99% of the company, and stay in business.
Maybe this will put some pressure to keep CEO pay down.
EDIT 2: Even if its those CEOs getting the 40% pay raises that are making choices that will put the company out of business! That's a good gig if you can get it - get paid a lot of money, with big pay raises, while making decisions that will put your company into bankruptcy.
UAW leader defends union's lofty demands, (literally) trashes Stellantis contract proposals
UAW President Shawn Fain heavily criticized early-bargaining proposals from Stellantis before throwing the packet of papers into a trash can.