Will UAW Strike?

[lilranch2001]

Can you even imagine FOMOCO without the Mustang legacy?

 

[Hay Dude]

Can you even imagine FOMOCO without the Mustang legacy?

Or the F-150, every suburban warrior’s dream.

 

[lilranch2001]

Or the F-150, every suburban warrior’s dream.

Agreed, but who even knows if the American automotive industry would have survived the 60/70s era of rust buckets without the pony/ muscle car Ford ushered in with the Mustang

 

[NoTrespassing]

I don't know where you are coming from but Tesla is selling all the EVs they can build and are extending their factory count currently.

It is true the Big 3 are not contenders in the EV market place yet.They are waiting to get their Tesla standard charging ports installed so they have access to Tesla Supercharger network. I just did a fast 1600 mile cross country EV road trip that would not have been possible without access to Tesla Superchargers.

On my 800 mile return trip from Austin Texas I got in my Model Y and pressed the mic button and said, "Navigate to Home and put it in Drive then engaged FSD. The Tesla found its way to I-35 and had me back to Murray KY in 15.5 hours. There no searching for EV chargers, route planning or routine driving tasks for me to do making the trip safer and less stressful for this old man. This was my first solo Cross country driving trip in 15 years.

It is true ICE vehicles sales has been declining for years as EVs are ramping faster and faster.

I'm not knocking Tesla but you will have to admit, the only way they are able to sell "all the EVs they can build" is by offering huge discounts. Their operating margin has dropped from an awesome 17.2% in Q3 2022 to a much more realistic 7.6% in Q3 2023. These are numbers that you know very well as I'm sure you know the stock value dropped over 14% in the past 5 days.

You mention that "EVs are ramping up faster and faster" but, the EV industry may be running out of "early adopters"

https://www.cnn.com/2023/08/20/cars/electric-cars-sales-gas-cars-dg/index.html

“We’ve had early adopters, and now it’s like, how do we start to increase sales? How do we convert those considerers into buyers?” Valdez-Streaty said.

The US Energy Information Administration’s sales projections forecast that translating buyer interest into an EV-majority market will take several decades.

Assuming that the current laws and regulations remain unchanged, the annual percentage of newly purchased BEVs and PHEVs flattens at roughly 17-19% from 2035 through at least 2050, according to EIA projections. And while consumer interest in EVs is sensitive to the price of gasoline, the agency predicts an EV market share of less than 30% under even a scenario with oil prices as high as $190 per barrel in 2022 dollars.

US agency predicts an EV-majority market won't happen anytime soon​

Even under a scenario with high oil prices, electric vehicles will account for less than a third of car and truck sales through 2050, according to projections from the US Energy Information Administration.

 

[NoTrespassing]

Expanded Silverado EV Production Delayed a Year as GM Cites 'Evolving EV Demand'​

Expanded Silverado EV Production Delayed a Year as GM Cites 'Evolving EV Demand'

The electric pickup is now slated to begin production at Orion Assembly in late 2025.

www.yahoo.com

 

[Gale Hawkins]

Expanded Silverado EV Production Delayed a Year as GM Cites 'Evolving EV Demand'​

Expanded Silverado EV Production Delayed a Year as GM Cites 'Evolving EV Demand'

The electric pickup is now slated to begin production at Orion Assembly in late 2025.

www.yahoo.com

Of course that is the earliest they can retrofit their EVs to make cross country road trips using the dependable Tesla Superchargers. Why buy an EV today that you can only use around home?

 

[lilranch2001]

I have no interest in purchasing one that depends on a carbon supplied grid…. PERIOD!

If global warming is really created by man, why would you want to destroy the environment further by building damaging equipment to the environment and then using environmental sensitive raw materials to make the energy also?

At least internal combustion engines are somewhat ienvironmentally friendly to manufacture compared to electric batteries, and all the raw materials that needs to disrupt the earth to get them made

 

[lilranch2001]

And let’s not forget about how we will be handing over a huge portion of our treasury to China due to their control of all the raw materials for EV manufacturing along with probably a very unenvironmentally friendly mining and manufacturing process

 

[sd455dan]

Agreed, but who even knows if the American automotive industry would have survived the 60/70s era of rust buckets without the pony/ muscle car Ford ushered in with the Mustang

Have to give that honor to the Pontiac GTO Not the Mustang .
early stangs were secretary low HP cars. 289 was top dog
With the 64 GTO you could get a Tri power 389

They did sell a lot of stangs .

 

[Gale Hawkins]

I'm not knocking Tesla but you will have to admit, the only way they are able to sell "all the EVs they can build" is by offering huge discounts. Their operating margin has dropped from an awesome 17.2% in Q3 2022 to a much more realistic 7.6% in Q3 2023. These are numbers that you know very well as I'm sure you know the stock value dropped over 14% in the past 5 days.

You mention that "EVs are ramping up faster and faster" but, the EV industry may be running out of "early adopters"

https://www.cnn.com/2023/08/20/cars/electric-cars-sales-gas-cars-dg/index.html

“We’ve had early adopters, and now it’s like, how do we start to increase sales? How do we convert those considerers into buyers?” Valdez-Streaty said.

The US Energy Information Administration’s sales projections forecast that translating buyer interest into an EV-majority market will take several decades.

Assuming that the current laws and regulations remain unchanged, the annual percentage of newly purchased BEVs and PHEVs flattens at roughly 17-19% from 2035 through at least 2050, according to EIA projections. And while consumer interest in EVs is sensitive to the price of gasoline, the agency predicts an EV market share of less than 30% under even a scenario with oil prices as high as $190 per barrel in 2022 dollars.

US agency predicts an EV-majority market won't happen anytime soon​

Even under a scenario with high oil prices, electric vehicles will account for less than a third of car and truck sales through 2050, according to projections from the US Energy Information Administration.

Why are you surprised about the price cuts?

Musk told the world 8 months ago he was willing cut car margins into the red to get the new factories in Austin and Germany fully ramped. Tesla has just announced expansions at both of those factories as well.

Are you computing in their backlog of energy storage units that sell for millions at a 25% profit margin. Don't forget FSD profit.

Do I need to repeat my about my 1600 mile FSD success story?

Early EV adopters where people that bought between 2010 and 2020. A good number of Tesla buyers today are buying because of the lower cost than ICE and they want to be more frugal.