Gale Hawkins
Super Star Member
- Joined
- Sep 20, 2009
- Messages
- 11,849
- Location
- Murray, KY
- Tractor
- 1948 Allis Chambers Model B 1976 265 MF / 1983 JD 310B Backhoe / 1966 Ford 3000 Diesel / 1980 3600 Diesel
Machinery Pete: Why Used Equipment Prices Have Dealers Worried
This week Machinery Pete – Greg Peterson – takes a deep dive into used equipment auction data and what it might mean to the dealer network, and an auction up North nearly sets a price record on a two-decade old tractor.
www.agweb.com
Apparently Musk is seeing the same thing that's going on in the tractor dealers concerns as it's in the auto manufacturers concerns.
Anyone concerned about the stock price of Tesla over the next 5 years most likely are barking up an empty tree. Elon talks but people hear what they want to hear. What came out in the news yesterday was no surprise at all because he laid all this out a good 18 months ago.
Elon is focused on building brains, not cars. The brains going into the cars and robots is much more profitable than the sheet metal and tires.
As has been his game from year one of being in the USA is to create appealing software and that is why the Tesla is appealing now because of FSD makes a hardware more valuable.