Ford Considering Scrapping Lightning

[SC Maintenance]

A genius at taxpayer expense. Give me a few million dollars and I'll come up with a new idea too! Ford, Bell, and Newton weren't given control of the country!

If you have a decent idea a few million dollars is chump change from the VC's. Go see them.

So ya, more talk.

 

[BISCUT]

@BISCUT , greetings.

Here is a question..if you could get a new cyber truck for $25k USD out the door, but had to drive the CT for three years, would you accept or decline the CT?

EM accomplished at least one thing with the CT, he got the attention of young boys with the truck. My two grandsons love trucks, but they can't tell a Chevy from a Ford from a Dodge from a Toyota. But they not only know the CT, when they see one they point it out every time.

15 +/- years ago GM stated it's biggest challenge was young people were no longer interested in vehicles on a MACRO basis, very different from prior generations.

Maye EM is playing the very long game with TSLA. Ford and GM have essentially given up in the entry level vehicle market, long term brand loyalty based on first vehicle is now in the hands of Japanese and Korean labeled vehicles. Maybe EM knows this and is building a brand loyalty that will buy Tesla a decade or two from now.

I grew up on a New England Dairy farm. I've driven a lot worse!! No issue swallowing a CT for 3 years if that's where I was in life. I'd make myself numb to it for a spell.

 

[SeaJay]

No he got a trillion dollar pay package. Can’t innovate if you’re afraid to fail.

I like the unrendered truck.

The full trillion dollars is Contigent on Tesla being worth $7 trillion more on the stock market than it is now, and the clock will be ticking on how long he has to increase its value to that point.

 

[JeffKeryk]

The full trillion dollars is Contigent on Tesla being worth $7 trillion more on the stock market than it is now, and the clock will be ticking on how long he has to increase its value to that point.

Plus, Musk has already made a lotta money for a lotta people, like me. The Magnificent 7 for the win!
I am pretty sure the crybabies (no offense meant) are not shareholders?

 

[alarmguy]

Plus, Musk has already made a lotta money for a lotta people, like me. The Magnificent 7 for the win!
I am pretty sure the crybabies (no offense meant) are not shareholders?

Realized gains? or Unrealized?

 

[JeffKeryk]

Realized gains? or Unrealized?

As a long term investor, they are unrealized at this point. Currently up 3x, or a little over 200%.
Of course the tax man would take his cut, so there's that. Ouch!

Regardless, the Magnificent 7 are driving the market gains. It's all about tech, and I believe we are just getting started.

 

[alarmguy]

As a long term investor, they are unrealized at this point. Currently up 3x, or a little over 200%.
Of course the tax man would take his cut, so there's that. Ouch!

Regardless, the Magnificent 7 are driving the market gains. It's all about tech, and I believe we are just getting started.

It's a good feeling being up, I know, but until you turn unrealized gains into realized you never know.

 

[alarmguy]

As a long term investor, they are unrealized at this point. Currently up 3x, or a little over 200%.
Of course the tax man would take his cut, so there's that. Ouch!

Regardless, the Magnificent 7 are driving the market gains. It's all about tech, and I believe we are just getting started.

It's a good feeling being up, I know, but until you turn unrealized gains into realized you never know.
BTW- I own 2 of the 7 which is over 50% of my holdings in this Roth account.

 

[JeffKeryk]

It's a good feeling being up, I know, but until you turn unrealized gains into realized you never know.

Of course. That's why I am a long term investor, highly diversified. There will always be ups and downs, and some investments are Uber risky.

 

[SC Maintenance]

It's a good feeling being up, I know, but until you turn unrealized gains into realized you never know.

I look at the whole unrealized gains thing differently.

If I realize an equity gain, then I have cash - which has lost 25% of its value in just the last few years and 80% of its value since they went off the gold standard in 1971 and 96% of its value since they seized all the gold in 1933. The US dollar is not a store of wealth. Still better than every other garbage fiat, but fiat it still is.

So you have to put it back into something - which is yet another asset that can go down whether it be stocks, bonds, gold, real estate?

Its like a catch 22 / unwinnable situation.

 

[JeffKeryk]

I look at the whole unrealized gains thing differently.

If I realize an equity gain, then I have cash - which has lost 25% of its value in just the last few years and 80% of its value since they went off the gold standard in 1971 and 96% of its value since they seized all the gold in 1933. The US dollar is not a store of wealth. Still better than every other garbage fiat, but fiat it still is.

So you have to put it back into something - which is yet another asset that can go down whether it be stocks, bonds, gold, real estate?

Its like a catch 22 / unwinnable situation.

Me too. If you are balanced, which includes low recurring living costs, let time work for you.

While working, automatic reinvesting dividends helps grow your portfolio. In retirement, if you are lucky, you can live pretty well on them. I call dividends free money.

 

[Snagglefoot]

Ford can't get aluminum to build the electric truck. Might as well dump the low margin Electric truck and use what aluminum you can get to build your high margin gas pickups.

 

[Torrid]

Ford can't get aluminum to build the electric truck. Might as well dump the low margin Electric truck and use what aluminum you can get to build your high margin gas pickups.

Just what we need. More overpriced trucks no matter what they're powered by.