11531 replies to this topic

[Mike K.]

I think that's what investors are wondering right now. Where are they going?

[Victoria Watcher]

They are the only company that’s makes electric cars profitably.

[Mike K.]

With a 65% drop in share value, it is not very profitable for investors any more, though.

[Victoria Watcher]

Have you looked at Ford or GM stock?

Makes little difference to the company.

[Mike K.]

They’ve been around for a very long time. Zero chance of GM disappearing.

[Victoria Watcher]

They are the only company that’s makes electric cars profitably.

And many/most western countries have mandated all new cars must be zero-emmmission by 2035 or 2040 or so.

Why would you bet against the leader?

It seems weird to bet against the only company in the world that can produce electrics at a profit when 50-75% of the global market will require only electrics soon.

Edited by Victoria Watcher, Yesterday, 04:54 PM.

[Victoria Watcher]

They’ve been around for a very long time. Zero chance of GM disappearing.

They only survived 2009 thanks to a government bailout.

Edited by Victoria Watcher, Yesterday, 04:42 PM.

[Mike K.]

Tesla has benefitted from $3 billion in taxpayer subsidies, so far, since the company’s relatively recent inception.

[Tony]

Tesla is the only major American auto manufacturer not represented by a union in the US as of January 2024.^[2

[Victoria Watcher]

Tesla and Ford are the only two US automakers never to fail. Hundreds of others have all failed.

Edited by Victoria Watcher, Today, 02:41 AM.

[Victoria Watcher]

"We calculated that if you add on the socialized infrastructure costs, and then in particular add on California's zero emission vehicle mandate, which adds cost to all of us because the automakers have to pay to produce more EVs in California, and they spread that cost to the whole country, the federal fuel economy regulations alone are subsidizing each EV by about $20,000. Add all this together, and each EV is getting almost $50,000 in subsidies," he said.


https://www.foxbusin...-owners-experts

Edited by Victoria Watcher, Today, 05:48 AM.

[Mike K.]

Well that’s concerning.