ICE or EV?

Which car(s) will you be buying next?

  • ICE ICE Baby (morekaos dinosaur option)

    Votes: 10 27.8%
  • EV forEVa (unicorns for all)

    Votes: 21 58.3%
  • PHEV (I still have range anxiety)

    Votes: 3 8.3%
  • Hybrid (can't plug in yet)

    Votes: 5 13.9%
  • Alternative fuel (Hydrogen, vegetable oil, etc)

    Votes: 0 0.0%
  • Other

    Votes: 1 2.8%

  • Total voters
    36
Rivian is also blowing $$$ into "Spaces" - car dealerships that don't look like car dealerships. Their premier OC location is the former South Coast Cinema right on PCH at Main Beach in Laguna. When the building was listed for sale the price tag for this 1930's era movie theater was $12m. I'm guessing Rivian sunk another $5-$7m into rehab, earthquake stability, etc just to bring the building into the 21st Century. (hope they have good flood protection BTW, because the first floor used to flood during El Nino years...)

So you have this building in a premium location (zero parking anywhere) and no street access. Test drives are going to be interesting during peak Summer days. Who cares? Investors in Rivian don't seem to.

 
You should have seen the massive building these guys put up in Santa Monica before they went public…cutting edge and before it’s time (very forward thinking). A year later…they were BK!🤦🏽‍♂️😂. A curse like the stadium naming curse…🦄🌈

The Rise and Fall of eToys​

"We believe our largest quarterly loss is behind us," founderand chief executive Toby Lenk wrote to shareholders last March.

Stock Price Measured in Pennies

Lenk turned out to be an optimist. The losses got bigger — somuch bigger, in fact, that they eventually drove eToys out ofbusiness.

The company said last week it will file for bankruptcyprotection within days. Its Web site is scheduled for an imminent shutdown, and its stock price is measured in pennies. Its cash will run out at the end of the month, and shortly after that the remainingemployees will leave their Los Angeles headquarters for the lasttime.

 
The green revolution is creating millions and millions of new job…losses!🤦🏽‍♂️😂😂😂🦄🌈

Battle Over Electric Vehicles Is Central to Auto Strike​

Carmakers are anxious to keep costs down as they ramp up electric vehicle manufacturing, while striking workers want to preserve jobs as the industry shifts to batteries.


Ford Motor Co. and General Motors will lay off multiple employees, the two companies announced Friday, saying the United Auto Workers' strike at two plants led to the layoffs.

 
The green revolution is creating millions and millions of new job…losses!🤦🏽‍♂️😂😂😂🦄🌈

Battle Over Electric Vehicles Is Central to Auto Strike​

Carmakers are anxious to keep costs down as they ramp up electric vehicle manufacturing, while striking workers want to preserve jobs as the industry shifts to batteries.


Ford Motor Co. and General Motors will lay off multiple employees, the two companies announced Friday, saying the United Auto Workers' strike at two plants led to the layoffs.


who wouldn't want 40% raise and 4 day work week? cannot blame them.
 
The government wants the automakers to run their business like the US government. Just spend and don’t worry about making money.
 
I like how the administration is framing this as a profit share with the workers (communism/socialism) not profit motive. (capitalism)
 
Like UK, I am okay with this.

EV usage and infrastructure can vary by region so each state should be able to decide their mandates.
 
Ford is being dragged into reality…poor shareholders…😳🤦🏽‍♂️😂😂😂

Ford Pauses Construction of Key EV Battery Plant

“We’re pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant,” Reid told the DCNF. A “number of considerations” were involved in the company’s decision to halt construction, and there has not been “any final decision about the planned investment,” Reid added.

Ford planned to build technology it had licensed from Chinese battery company CATL at the Marshall plant, and the company is poised to reap considerable subsidies from the state and federal governments for the project.

https://thelibertydaily.com/bidenomics-ford-pauses-construction-key-ev-battery-plant/
 
Ford is being dragged into reality…poor shareholders…😳🤦🏽‍♂️😂😂😂

Ford Pauses Construction of Key EV Battery Plant


“We’re pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant,” Reid told the DCNF. A “number of considerations” were involved in the company’s decision to halt construction, and there has not been “any final decision about the planned investment,” Reid added.

Ford planned to build technology it had licensed from Chinese battery company CATL at the Marshall plant, and the company is poised to reap considerable subsidies from the state and federal governments for the project.

https://thelibertydaily.com/bidenomics-ford-pauses-construction-key-ev-battery-plant/
all the legacy players are f'ed beyond words. It almost reminds me of how Intel & MSFT destroyed DEC and Sun. When I was in school writing code on the Sun workstation using vi meant you were bad ass.
 
Doomed!!😳💣💥🦄🌈

UAW’s Real Enemy Is Forced EV Conversion

Turns out that it takes 40% fewer employees to manufacture EVs than it does to manufacture gas-powered vehicles. According to a recent analysis by James Sherk and Jacob Sagert at the America First Policy Institute, the Biden administration’s proposed EV rules will eliminate at least 117,000 existing auto manufacturing jobs.

In addition, the majority of EV jobs won’t be union jobs. They will either go to non-union companies (such as Tesla) or right-to-work states in the South. In those states, workers can’t be compelled to join a union, which explains why so many foreign manufacturers have opened their U.S. plants there.

Part of the problem is that the Democrats’ climate bill (ironically named the Inflation Reduction Act) promotes the use of “domestic” labor rather than “union labor.” That was the result of lobbying by foreign auto manufacturers, many of which have or intend to build plants in right-to-work states. It’s also evidence that the climate-activist wing of the Democratic Party is more concerned with promoting EVs than with preserving jobs for their traditional union allies.

In fact, to accomplish its EV goals, the Biden administration is attempting to force them on consumers who just don’t want them. According to the Deloitte 2023 Global Automotive Study, 62% of Americans prefer their next car purchase to be a gas-powered vehicle, 20% prefer a hybrid, and a mere 8% prefer a pure EV.

 
That's not what our TI poll says. :)


And you were wondering how can EVs be profitable. :)
whaaaaa? Again, what business school did you guys go to?😂😂😂🦄🌈

Ford Is Losing Almost $60,000 For Every EV It Sells​

Ford's EV business looks to be hemorrhaging cash, while gas-powered cars bring in the money.

 
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