From $6K to $73K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
VENTURING into the trading world without the help of a profesionals, trading and expecting profit is like turning water into wine you would need a miracle.
Very engaging right from the beginning These are tough and frankly I appreciate how you discuss global finances in such a delicate way. Business and investment
Experted Ann Marie strunk was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Maria strunk.
Just sold a property in Alaska and I'm thinking to put the cash in stocks, I know everyone is saying it's ripe but Is this a time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.
@charlesrovira5707 Jags lost the market when they became rebadged Ford/Lincoln towncars. The quality improvement was noticed, but the exclusivity was gone.
The oil industry are the most subsidized industry in the world. I'm all for removing subsidies. Oil is subsidized $US 650.000.000.000 in the USA. That's almost $US 2.000 for every American. World wide the subsidies are forcasted 2025, $US 11.000.000.000.000, or $US 38.194 for every fossil car. (International Monetary Fund Numbers. 1/4 of all oil are used as fuel for cars. 72M cars are produced).
I think "You snooze, you loose!" OEMs had plenty of time to step things up, but quarterly profits are more important than a five to ten year plan. They could have started investing several years ago and had most of the kinks worked out by now, but nooooo. Maybe I am being too harsh, as we all know a BIG ship cannot turn on a dime, however I believe that is one of the 'kinks' they should have addressed years ago. Ford, GM, VW, Stelantis- it's been a helluva ride! (Pardon the pun) Nice knowing you.
I researched the transition to diesel from steam locomotives and it was the same. The big 3 steam all went under. Even when it was looking bad they were still laughing at diesel then it flipped to 85% diesel. Then it wasn’t funny.
and by subsidies you mean taxes, fees and fines ... the petrolium industry has no subsidies, they pay for pretty much every thing else, like government, benefits and idiotic battery electric car subsidies.
Please detail WHAT subsidies the petroleum industry gets. HINT: You can't, because you are just repeating the lib's talking point. We elected Trump for a reason, and you are exactly the reason. Drill baby drill.
It was generous to call petroleum industry a subsidy since they're only looking out for their profits. A subsidy is a financial contribution from a government to individuals, households, or businesses to help stabilize the economy or promote a public objective
The government subsidizes the oil industry over $10 billion a year to keep gasoline prices lower! If they didn't do it, we would have fuel prices like Europe has to face.@@tigersilberhannes9153
EV car sales are not going to randomly drop off. They’ll slow as customers avoid the cookie cutter evs ( Fisker , Farady). Like 1st gen hybrids. Product specific Ev cars will continue to have a need in the marketplace.
Ioniq 9's styling reminds me of one of those MPVs that are popular in Europe and South East Asia like Fiat 500L, VW Touran or BMW 2 series Active/Grand Tourer. Somehow the hood/beltline is too high, but the roof is low? Not a good look regardless
While I agree with the sentiment, the (so called) Inflation Reduction Act already took care of that by reducing the income level for those who qualify by $100,000. Those who complain about the the loss of an EV tax credit under Trump said effectively nothing about how restrictive the credits were under Biden. I say that as an owner of a 22' EV6. My car qualified under the previous rules, but under the IRA it no longer qualified. The IRA was an absolute mess. Having said all that, I strongly feel it's time to eliminate EV tax credits, as it'll force auto makers to make more affordable EVs. However, I also STRONGLY favor eliminating oil/gas company incentives/credits as well. Let the market decide...
Not to mention those super cheap land leases and drilling permits given to oil companies. As much as people bi**h about government programs to help EVs, they ignore all the help the gas industries have gotten for over a century at taxpayers expense.@tesla_tap
You forget the three golden rules of US auto sales. 1) Soak the consumer as hard as possible. 2) Sell bigger, always bigger. 3) No small cars allowed, under any circumstances.
@@jamesvandamme7786 Perhaps, but they used to sell a fair number of them. At some point, they seem to have decided that small cars are contrary to their interests.
US car makers need to make small, efficient and affordable EVs then there would be no need for EV tax credits. Here in the UK the two cheapest new cars on sale are small EVs and many other EVs are reaching price parity with ICE cars. Area of biggest UK car sales growth is EV and there are no incentives for personal buyers. US becoming an automotive backwater evidenced by Ford's ridiculously expensive EV for sale in Europe both based on VW technolgy.
I would say "lazy compliance hybrid" sales would see the biggest drop by units if the rebates go away, and that's probably a good thing. The big loohole for Toyota (and other legacies) to exploit rebates meant for EV promotion toward, funneling that toward selling hybrids with comically tiny batteries, is a waste of taxpayer funds, and does not meaningfully promote the growth of local EV manufacturing/jobs/expertise. Re-do the rebate or get it replaced by more focus on mining/refining/producing the critical components locally imho.
I noticed yesterday that Exxon has taken Elons advice and gone into the lithium mining business. That's got to be just about the best news, as relates to the future well being of the ordinary people of the world, in a long time.
@@davidmenasco5743 Yes, hopefully these old energy companies can start shifting rapidly to more sustainable products in this fashion. That would be progress if they also become part of the solution instead.
Europe has strangled their car business with super hard to meet emission requirements that drive up the price and make the product worse from the user's point of view. A self-inflicted wound.
Yeah, it would be great for business in the upside down world. Here in reality, profitable auto manufacturing is dependent on scale. Most EVs on the market would be profitable if sold in larger numbers.
I would be interested analytics on how much of the pullback in European EV demand is because of the flop of MEB. Fords EVs are both MEB, and Volkswagen is suffering because all their MEB vehicles aren't selling either
The basic problem in Germany is higher energy costs as a result of geopolitics. The break with Russia caused the cost of manufacturing in Europe and especially Germany to go up significantly. So the price points cannot meet consumer expectations. This is impacting the whole European auto industry. I am no fan of Trump, but if he can somehow repair relations with Russia, it will benefit everyone in Europe tremendously. And that includes Ford Europe, and Volkswagen.
Imagine listening to economists and professors about the economy. If they were so good at predicting things, they'd trade stocks and make money. Instead, they tell you what they think will happen and somehow manage to be wrong almost all of the time.
VW and Ford bad matchup, and Jaguar might file for bankruptcy after this next EV don't sell. I did like the iPace but they just let it get old with the specs, they didn't let to be competitive with the other EV market. If the Ioniq 9 is just as price competitive with the EV9 then there only EV seven seater are the ones that start around $79k.
EVs are definitely going to keep growing into the future. It will just be more gradual without the credits. An X factors being an availability of quality charging networks.
We have examples in Germany and a few other places. Likely EV sales will be hit for a couple of quarters. But then the upward trend will resume as before. Once again, we'll see fossil fuel apologists claim that EVs are gonna go away. And once again, they will not go away. The Network Architect Channel is documenting the rapid build out of several new networks of EV fast chargers. Fast chargers are going into service and increasing in numbers quickly in almost every state.
@@jamesvandamme7786 Yeah, I'm expecting that sales rush. Then of course a sudden drop off after the credits cut. It sounds like Congress is going to pass legislation to cut the credits, and doing it sooner than later. So if Trump is "lying" about it, it would take the form of vetoing an act of Congress. I don't see that happening.
This ignores scaling but given that US auto makers are not selling as many BEVs as they are making it may hold. In the US all automakers excluding Tesla is speculatively loosing more than $7500 per vehicle. A car maker loosing $20K per car can reduce the prices by $7500 while cutting production by 27% and lose the same total amount of money. This would end the accumulation of BEVs on dealer lots. Win Win.
Get rid of the subsidies. Has anyone heard of capitalism? Ford should get out of Europe. They have more recalls than BMW! Make fewer cars of better quality!
We might be watch the end of a strong European automotive industry. Will they get sold to foreign companies like the British had happen to their auto industry? Only time will tell. High labor cost US factories might be in the same boat sooner than they realize. Some say they are there now.
US legacy auto makers have 3 problems not it any specific order. Overweight management/calicification, dealers, and labor. Speculate they can survive if they can fix 2 out of 3. Near total automation can fix labor.
@AllanSustainabilityFan I get the hope of fully automated lines in the next few years, but I suspect it is five years or more away. We will see some robotics, as in humanoid robots, in more than minor test groups soon, but the last mile of development is often harder than many realize. I do wish the US Congress would start working through how a nation with 75% fewer labor jobs and 90% fewer office type jobs will function. Unemployment will skyrocket. This will not be like going from horses to cars. The robots will build more robots, AI will design the upgrades, and a few people will control a massive part of the industry. I do mean a few people, not a few companies. The world with a fraction of human workforce needed is going transform so much and likely not in utopian ways those who will control spin it now.
The estimates are wrong. If the rest of the country thinks like me. The sales of the EV will plunge by 40% or higher. Even Tesla will lose 30% or higher. The tariff tax increase on the imports will really hurt the US economy.
@danharold3087 VW and Ford (including Mercedes and Nissan) are feeling the pain from China entering the auto market. Traditional OEMs will lose sales, including Toyota and Honda. Tesla will suffer from the elimination of $7500.
A lot depends on the whole Tariff situation. And not just on vehicles. High tariffs on Chinese imports across the board, will slam poor and middle class pocket books very hard. Likewise, if 10% or more of the agricultural work force gets deported. There's a definite possibility that consumer spending on automotive in the US will crater sometime in the next couple years. So big auto had better hope that Trump is all talk and no action.
Ford still has their biggest problem, their company culture. Will likely never buy another Ford thanks to their track record of being the company with the most recalls year after year.
@kaseyc5078 Certainly one factor, but I get the impression there are many factors at play. In the end, the decades of CEOs that failed to turn Ford around cements at screwed up the company really is.
Electrics eill continue to grow. Or our lakes, streams, and oceans will stink! Tesla is best selling car in the world. When is the last time an American car was first? About 100 yrs ago we must support Tesla in any way we can!
No ev's for me. I just drove one today for 50 km. If it can charge in 5 min maybe but otherwise no thanks. Also even with the ev subsudies they are still too expensive.
The U.S. is full of educated people…..and uneducated. The more educated areas have a lot of EVs, the uneducated not so much. Educated people make more money, and understand progress. There certainly are some people without much of an education who are wealthy, buying EVs (take people I know near Kerman, California with 3 Ford Lightnings at their Pistachio/ Almond farms) But overall, it’ll take cheaper EVs to snag those Flyover states. 🤷🏼♂️
That is one hell of a hilarious comment! I’m so glad you were brave enough to make it. So you contend, the flyover country is filled with uneducated people, and the educated people on the coasts are adopting EV’s! Super. 😂
@ ……..I understand my comment is a generalization, but have you ever visited places like Kermin, California or Butte, Billings, or Helena, Montana or Potlatch, Idaho?? I have…..unfortunately. Needless to say, my Calabasas, California neighborhood now has about as many EVs as ICE vehicles (many neighbors have their GT3RSs, and F8 Spyders in their garages for weekends) 🤷🏼♂️🤷🏼♂️🤷🏼♂️
I am a Californian as well. However, I believe it only makes sense to drive EVs here because we have a geopolitical competitive advantage. Majority of our area doesn't see snow (cold kills EV range) and it makes more sense to build solar power here because of the sunny weather. Until battery technology improves, driving EVs doesn't make sense for majority of Americans. From your words, it is obvious that EVs are targeted towards upper middle class of Americans with more disposable income.
My pushback on your comment is more about political leadership in the mostly red states. They have been slow in supporting the EV movement for political reasons. What us funny is that the red states that have brought in EV industry companies are realizing there is lots of money to be made by going EV. This is what is driving more Republicans to back EVs. It is sad that something with so many benefits for so many would get bogged down in the political crap. The government needs to be more logic driven than FUD driven. Both parties are good at spreading FUD.
There was a figure from approximately a year ago (when Tesla's margin wasn't in as much of a toilet as it is now). All the profitable EV models other than Tesla in the US. GM made $2150 per Bolt/EUV Toyota made $1197 on bz4x/Solterra (I assume their Lexus RZ would have even higher margin) VW made $973 on ID4 Hyundai made $927 on Ioniq 5 Ford lost $762 on Mustang Mach E Of course things have changed significantly since then.
The lack of LiDAR to correctly process the scene at night means Unsupervised FSD is impossible. It also means that no third party insurance will insure it as the risk is too high given the previous documented fat*lities with FSD.
![Eminem - Fuel (feat. JID) [Official Lyric Video]](http://i.ytimg.com/vi/t5H_CewqpKA/mqdefault.jpg)
From $6K to $73K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
VENTURING into the trading world without the help of a profesionals, trading and expecting profit is like turning water into wine you would need a miracle.
Very engaging right from the beginning These are tough and frankly I appreciate how you discuss global finances in such a delicate way. Business and investment
Experted Ann Marie strunk was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Maria strunk.
Just sold a property in Alaska and I'm thinking to put the cash in stocks, I know everyone is saying it's ripe but Is this a time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.
The fact that I got to learn and earn from her program is everything to me think about it, it's a win-win for both ways.
@6:56 The *Jaguar* ad is so ineffective and ridiculous that it bodes ill for the compny.
Perhaps it was a deliberate move so the management can blame that for the demise rather than years of their management?
@charlesrovira5707 Jags lost the market when they became rebadged Ford/Lincoln towncars. The quality improvement was noticed, but the exclusivity was gone.
its the Indian owner's idea. TATA motors own jaguar.
@@naga2015kk yep.
Jaguar = hold my BudLight
🤣
Gyrating so wildly between subsidize and don't subsidize is a good way to keep our market behind.
The oil industry are the most subsidized industry in the world.
I'm all for removing subsidies.
Oil is subsidized $US 650.000.000.000 in the USA.
That's almost $US 2.000 for every American.
World wide the subsidies are forcasted 2025, $US 11.000.000.000.000, or $US 38.194 for every fossil car.
(International Monetary Fund Numbers. 1/4 of all oil are used as fuel for cars. 72M cars are produced).
I think "You snooze, you loose!"
OEMs had plenty of time to step things up, but quarterly profits are more important than a five to ten year plan. They could have started investing several years ago and had most of the kinks worked out by now, but nooooo.
Maybe I am being too harsh, as we all know a BIG ship cannot turn on a dime, however I believe that is one of the 'kinks' they should have addressed years ago.
Ford, GM, VW, Stelantis- it's been a helluva ride! (Pardon the pun)
Nice knowing you.
I researched the transition to diesel from steam locomotives and it was the same. The big 3 steam all went under. Even when it was looking bad they were still laughing at diesel then it flipped to 85% diesel. Then it wasn’t funny.
That image of the Jaguar design concept just reminded me to change my furnace filter.
HA, I was thinking air inlet something something yada, yada, but you formulated it well.
If they'd end the subsidies to petroleum industry we'd be good
and by subsidies you mean taxes, fees and fines ...
the petrolium industry has no subsidies, they pay for pretty much every thing else, like government, benefits and idiotic battery electric car subsidies.
Please detail WHAT subsidies the petroleum industry gets. HINT: You can't, because you are just repeating the lib's talking point. We elected Trump for a reason, and you are exactly the reason. Drill baby drill.
It was generous to call petroleum industry a subsidy since they're only looking out for their profits.
A subsidy is a financial contribution from a government to individuals, households, or businesses to help stabilize the economy or promote a public objective
@@tigersilberhannes9153Subsidies for the petroleum industry are written into hundreds of laws, including, for example, the Inflation Reduction Act.
The government subsidizes the oil industry over $10 billion a year to keep gasoline prices lower! If they didn't do it, we would have fuel prices like Europe has to face.@@tigersilberhannes9153
EV car sales are not going to randomly drop off. They’ll slow as customers avoid the cookie cutter evs ( Fisker , Farady). Like 1st gen hybrids. Product specific Ev cars will continue to have a need in the marketplace.
I think no EV subsidies would really help Tesla.
F Berkeley and anything they say period
It's like Jaguar is trying to go out of business.🤪
🪓🪓 those subsidies. Never put all your eggs in one basket or you pay the price.
Cut subsidies to ice industry too then
What question subsidies@@gmoncrieff
@@gmoncrieffWhat specific subsidies?
Trump could possibly stop the subsidies of EVs?
Gee I wonder why Musk suddenly wants to be Trump's best friend
Ford also discontinued most models, they where selling in Europe before 2020
You can still get newFocus and Mustang ... and thats it for cars.
Ioniq 9's styling reminds me of one of those MPVs that are popular in Europe and South East Asia like Fiat 500L, VW Touran or BMW 2 series Active/Grand Tourer. Somehow the hood/beltline is too high, but the roof is low? Not a good look regardless
Is Stellantis thinking people suddenly want sedans again?
DS (Peugeot's premium brand) sales sedans, they're PART of Stellantis. Collectively, however, Stellantis has virtually abandoned sedans.
Good to see the Federal subsidies for any vehicles removed only the well-to-do benefit!
While I agree with the sentiment, the (so called) Inflation Reduction Act already took care of that by reducing the income level for those who qualify by $100,000. Those who complain about the the loss of an EV tax credit under Trump said effectively nothing about how restrictive the credits were under Biden. I say that as an owner of a 22' EV6. My car qualified under the previous rules, but under the IRA it no longer qualified. The IRA was an absolute mess.
Having said all that, I strongly feel it's time to eliminate EV tax credits, as it'll force auto makers to make more affordable EVs. However, I also STRONGLY favor eliminating oil/gas company incentives/credits as well. Let the market decide...
Yep, it would be great to get rid of the trillions of dollars in Federal gas subsidies.
Not to mention those super cheap land leases and drilling permits given to oil companies.
As much as people bi**h about government programs to help EVs, they ignore all the help the gas industries have gotten for over a century at taxpayers expense.@tesla_tap
The well to do don't qualify for the subsidies.
@@StormyDog exactly. If you make too much you don’t qualify for the EV subsidy. Another point conveniently missing from talking points.
Kia, Hyundai and Genesis design teams are killing it. Great looking sheet metal.
You are so right! They make great paper weights.
Under the skin, their EVs are impressive. When they build the EV3 in the USA, watch out.
Yeah all 3 brand are virtually identical & over priced!
You seem fairer and more balanced without all the Tesla hate from past opposites.
Really hope that EU automakers get back on track, so many other industries relay on them
EV rebates should never be over one year at a time.
Good. Compete or go out of business. I would suggest selling smaller cars at a loss to obtain market share. Seems to work for China...
China is not the US.
In China, the entire range of cars is sold, including some that cost more than two hundred thousand dollars.
You forget the three golden rules of US auto sales.
1) Soak the consumer as hard as possible.
2) Sell bigger, always bigger.
3) No small cars allowed, under any circumstances.
@@davidmenasco5743 Detroit sucks at building small cars.
@@jamesvandamme7786 Perhaps, but they used to sell a fair number of them. At some point, they seem to have decided that small cars are contrary to their interests.
It appears the IONIQ 9 will have four lazy boy-like recliner seats similar to the KIA EV9.
US car makers need to make small, efficient and affordable EVs then there would be no need for EV tax credits. Here in the UK the two cheapest new cars on sale are small EVs and many other EVs are reaching price parity with ICE cars. Area of biggest UK car sales growth is EV and there are no incentives for personal buyers. US becoming an automotive backwater evidenced by Ford's ridiculously expensive EV for sale in Europe both based on VW technolgy.
The market for small cars in the US are equally small.
Americans hate small cars
I would say "lazy compliance hybrid" sales would see the biggest drop by units if the rebates go away, and that's probably a good thing.
The big loohole for Toyota (and other legacies) to exploit rebates meant for EV promotion toward, funneling that toward selling hybrids with comically tiny batteries, is a waste of taxpayer funds, and does not meaningfully promote the growth of local EV manufacturing/jobs/expertise.
Re-do the rebate or get it replaced by more focus on mining/refining/producing the critical components locally imho.
I noticed yesterday that Exxon has taken Elons advice and gone into the lithium mining business.
That's got to be just about the best news, as relates to the future well being of the ordinary people of the world, in a long time.
@@davidmenasco5743 Yes, hopefully these old energy companies can start shifting rapidly to more sustainable products in this fashion.
That would be progress if they also become part of the solution instead.
Europe has strangled their car business with super hard to meet emission requirements that drive up the price and make the product worse from the user's point of view. A self-inflicted wound.
EVs make the product better. More EVs lower the price through scale.
Auto makers not selling cars they lose money on could be good for business
Lol
Yeah, it would be great for business in the upside down world. Here in reality, profitable auto manufacturing is dependent on scale. Most EVs on the market would be profitable if sold in larger numbers.
WHAT??
american subsidy for EV...
is that an admission of guilty? what market distorting practices are we talking about here.
Auto manufacturers will transition to Tesla Optimus bots..
These European sales figures include Chinese cars so the drop has nothing to do with Chinese cars.
I would be interested analytics on how much of the pullback in European EV demand is because of the flop of MEB. Fords EVs are both MEB, and Volkswagen is suffering because all their MEB vehicles aren't selling either
The basic problem in Germany is higher energy costs as a result of geopolitics. The break with Russia caused the cost of manufacturing in Europe and especially Germany to go up significantly. So the price points cannot meet consumer expectations.
This is impacting the whole European auto industry.
I am no fan of Trump, but if he can somehow repair relations with Russia, it will benefit everyone in Europe tremendously. And that includes Ford Europe, and Volkswagen.
Greedy eBay Sellers vs Totally Stupid Ebay Buyers.
Imagine listening to economists and professors about the economy. If they were so good at predicting things, they'd trade stocks and make money. Instead, they tell you what they think will happen and somehow manage to be wrong almost all of the time.
💯
You will enjoy what Nassim Talem has to say about economists ;-)
Do look him up
VW and Ford bad matchup, and Jaguar might file for bankruptcy after this next EV don't sell. I did like the iPace but they just let it get old with the specs, they didn't let to be competitive with the other EV market. If the Ioniq 9 is just as price competitive with the EV9 then there only EV seven seater are the ones that start around $79k.
EVs are definitely going to keep growing into the future. It will just be more gradual without the credits. An X factors being an availability of quality charging networks.
We have examples in Germany and a few other places. Likely EV sales will be hit for a couple of quarters.
But then the upward trend will resume as before.
Once again, we'll see fossil fuel apologists claim that EVs are gonna go away. And once again, they will not go away.
The Network Architect Channel is documenting the rapid build out of several new networks of EV fast chargers. Fast chargers are going into service and increasing in numbers quickly in almost every state.
There could be a big sales rush before the Trump hit. But wouldn't it be funny if he was just lying about cutting it?
@@jamesvandamme7786
Yeah, I'm expecting that sales rush. Then of course a sudden drop off after the credits cut.
It sounds like Congress is going to pass legislation to cut the credits, and doing it sooner than later. So if Trump is "lying" about it, it would take the form of vetoing an act of Congress. I don't see that happening.
“Greedy people” bro you’re doing a news show about the automobile industry, you’re worried about online resellers?
Hmmm, someone seems a little sensitive.
Raise prices of cars $7500. Hope for no impact on sales. 🤦♂️
This ignores scaling but given that US auto makers are not selling as many BEVs as they are making it may hold.
In the US all automakers excluding Tesla is speculatively loosing more than $7500 per vehicle.
A car maker loosing $20K per car can reduce the prices by $7500 while cutting production by 27% and lose the same total amount of money. This would end the accumulation of BEVs on dealer lots. Win Win.
jaguar picture looks boring, VW products attractive, tesla robot... silly.
7:04 Jaguar to copy Tesla Cybertruck?
Inspired by.
I'm sure they can beat 6 recalls in 1 year 😂
Why would anyone want to copy that disaster?
The BS subsidies for to go. If these electric cars can’t stand on their own, then they must improve or go bye bye. There I said it.
Get rid of the subsidies. Has anyone heard of capitalism?
Ford should get out of Europe. They have more recalls than BMW! Make fewer cars of better quality!
quit focusing on just China electric cars!
But.. they are 70% of the world market...
We might be watch the end of a strong European automotive industry. Will they get sold to foreign companies like the British had happen to their auto industry? Only time will tell.
High labor cost US factories might be in the same boat sooner than they realize. Some say they are there now.
US legacy auto makers have 3 problems not it any specific order. Overweight management/calicification, dealers, and labor. Speculate they can survive if they can fix 2 out of 3. Near total automation can fix labor.
The british atuo indistry was statewowned, in america you would call that communism.
Automation around the corner could remove the cost of labor from the equation potentially, when that happens it could get interesting.
@@danharold3087But if the labor force is cut, the consumer base is also effectively cut. That's a vicious circle.
@AllanSustainabilityFan I get the hope of fully automated lines in the next few years, but I suspect it is five years or more away. We will see some robotics, as in humanoid robots, in more than minor test groups soon, but the last mile of development is often harder than many realize.
I do wish the US Congress would start working through how a nation with 75% fewer labor jobs and 90% fewer office type jobs will function. Unemployment will skyrocket. This will not be like going from horses to cars. The robots will build more robots, AI will design the upgrades, and a few people will control a massive part of the industry. I do mean a few people, not a few companies.
The world with a fraction of human workforce needed is going transform so much and likely not in utopian ways those who will control spin it now.
The estimates are wrong.
If the rest of the country thinks like me.
The sales of the EV will plunge by 40% or higher. Even Tesla will lose 30% or higher.
The tariff tax increase on the imports will really hurt the US economy.
Do you think ICE sales will stop their 6 year sales decline? Or that fewer cars will be sold?
@@danharold3087Great question. I can't wait to see his answer.
@danharold3087
VW and Ford (including Mercedes and Nissan) are feeling the pain from China entering the auto market.
Traditional OEMs will lose sales, including Toyota and Honda. Tesla will suffer from the elimination of $7500.
A lot depends on the whole Tariff situation. And not just on vehicles.
High tariffs on Chinese imports across the board, will slam poor and middle class pocket books very hard.
Likewise, if 10% or more of the agricultural work force gets deported.
There's a definite possibility that consumer spending on automotive in the US will crater sometime in the next couple years. So big auto had better hope that Trump is all talk and no action.
@@danharold3087 As gas prices come down ICE sales will soar. The EV fad is about over.
Ford still has their biggest problem, their company culture. Will likely never buy another Ford thanks to their track record of being the company with the most recalls year after year.
Too many old timers in the company just trying to make it to retirement. 0 incentive to innovate
@kaseyc5078 Certainly one factor, but I get the impression there are many factors at play. In the end, the decades of CEOs that failed to turn Ford around cements at screwed up the company really is.
Are any of your vehicles Ford, and have they been recalled?!
Bidenomics 😂
I am grateful that the government didn't try to bail out typewriter manufacturing.
That would be gas vehicles in this analogy
Yes. They're much better now at burning our tax dollars.
@@rp9674You try to defend battery electic typwriters?
Yes, it's all about typewriters
What about autonomous typewriters?
What, still no description of the new Draguar video? Autoline must be afraid of the comments being made about that grotesque LGBTQ video.
You are a bullshitter,the Jaguar ad is creativ and amazing!We have already enough boring carcomercials!
😂👏
There is nothing LGBTQ about it!
@@BrunoHeggli-zp3nl I guess you're an expert in that space?
@@BrunoHeggli-zp3nl It's just straight weird.
No ccp propoganda was a nice relief! Thank you! 🙏🙏🙏
Electrics eill continue to grow. Or our lakes, streams, and oceans will stink!
Tesla is best selling car in the world. When is the last time an American car was first? About 100 yrs ago we must support Tesla in any way we can!
In the mid 60s Chevy sold over 1 million Impalas in one year!
Like Trump cares about water. Fish pee in it.
@@gmv0553So . . . about 50 years ago.
When America was great we could choose whatever car we wanted. Now others have opinions about whatever we want to buy. Why?
We are loosing freedoms.
The petroleum industry does NOT receive government grants or tax credits so why do EV makers need them?
Tesla is down in Europe because Musk is not liked very much in Europe anymore, it is not because of Chinese EVs.
Lol so brainwashed
No ev's for me. I just drove one today for 50 km. If it can charge in 5 min maybe but otherwise no thanks. Also even with the ev subsudies they are still too expensive.
4800 miles driven with $90 in charging.
The U.S. is full of educated people…..and uneducated. The more educated areas have a lot of EVs, the uneducated not so much. Educated people make more money, and understand progress. There certainly are some people without much of an education who are wealthy, buying EVs (take people I know near Kerman, California with 3 Ford Lightnings at their Pistachio/ Almond farms) But overall, it’ll take cheaper EVs to snag those Flyover states. 🤷🏼♂️
Hey Mr ‘Flyover’, Texas called, they would like California to take back all their liberals, they won’t stop crying since the election, it’s annoying
That is one hell of a hilarious comment! I’m so glad you were brave enough to make it. So you contend, the flyover country is filled with uneducated people, and the educated people on the coasts are adopting EV’s! Super. 😂
@ ……..I understand my comment is a generalization, but have you ever visited places like Kermin, California or Butte, Billings, or Helena, Montana or Potlatch, Idaho?? I have…..unfortunately. Needless to say, my Calabasas, California neighborhood now has about as many EVs as ICE vehicles (many neighbors have their GT3RSs, and F8 Spyders in their garages for weekends) 🤷🏼♂️🤷🏼♂️🤷🏼♂️
I am a Californian as well. However, I believe it only makes sense to drive EVs here because we have a geopolitical competitive advantage. Majority of our area doesn't see snow (cold kills EV range) and it makes more sense to build solar power here because of the sunny weather.
Until battery technology improves, driving EVs doesn't make sense for majority of Americans. From your words, it is obvious that EVs are targeted towards upper middle class of Americans with more disposable income.
My pushback on your comment is more about political leadership in the mostly red states. They have been slow in supporting the EV movement for political reasons.
What us funny is that the red states that have brought in EV industry companies are realizing there is lots of money to be made by going EV. This is what is driving more Republicans to back EVs.
It is sad that something with so many benefits for so many would get bogged down in the political crap. The government needs to be more logic driven than FUD driven. Both parties are good at spreading FUD.
There was a figure from approximately a year ago (when Tesla's margin wasn't in as much of a toilet as it is now). All the profitable EV models other than Tesla in the US.
GM made $2150 per Bolt/EUV
Toyota made $1197 on bz4x/Solterra (I assume their Lexus RZ would have even higher margin)
VW made $973 on ID4
Hyundai made $927 on Ioniq 5
Ford lost $762 on Mustang Mach E
Of course things have changed significantly since then.
Re Tesla...it is a F'ing toy...why pay over the top! Time for children & adults to wake up and go outside and play!
Sales of Ev's will drop more than that without the credits. I hope Trump kicks Elon out and doesn't allow this crap to continue.
Elon's politics are going to ruin sales FSD will never happen!!
everything will be fine. don't you worry.
elon is desperate to keep the pump and dump up
Sure, cry harder. 😆😂😅🤣
@@ashishpatel350 hahahaha fail comment of the day.
The lack of LiDAR to correctly process the scene at night means Unsupervised FSD is impossible. It also means that no third party insurance will insure it as the risk is too high given the previous documented fat*lities with FSD.