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Hi all
Elon is right about America's debt.
One day the debt chickens are going to come home and roost.
Trillions of dollars are added every year which is a almighty debt bubble.
Who is going to pay it off?
Any company which had debt like this would have gone bankrupt years ago.
America needs a...
Hi all i think subsidies should be handed out to all American EV makers if the car is being built in America, union and non union. The reason is to speed up the process of converting the cars being used in America to EV's.
This will save the environment and save money which will be used in...
GM used to make cars in Australia under the title GMH, so did Ford and Toyota as well. The government pulled subsidies and now not a single car is made in Australia. GM does not know how to make a profit without government help and now they want another hand out to help them pivot to EV cars. i...
I don't think anyone wants to see GM go bust but, and there is always a but, a lot more people are going to suffer due to their laggard approach to electric vehicles.
Tesla has created tens of thousands of jobs for Americans softening the blow as other car makers dissolve.
They built their...
Hi All from Aussie Land.
Firstly they have to stop their Bolt from catching fire.
They reckon every single one that has been made needs to be recalled at the cost of over a billion dollars.
I wouldn't touch one with a barge pole.
GM will never have their own FSD they will need to buy or lease...
Was a very nice way to wake up in Australia and then view the profits i made sleeping from my Tesla shares.
I think ICE powered vehicles and their makers are in real trouble.
The world is warming at well above all of the worst modeling, let that sink in.
Ford, General Motors and Dodge cannot...
Hi all from Australia, legacy OEM spend nothing on anything related to ICE R&D, all money now is spent on EV R&D. I would suggest software support for ICE is declining rapidly as well.
The writing is on the wall for legacy OEM and they need to spend billions trying to build new production lines...