RV_ Posted April 5, 2023 Report Share Posted April 5, 2023 Excerpt: "DETROIT (AP) — General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race. But GM's EV sales of 20,670 were still far below those of industry leader Tesla, which delivered more than 161,000 vehicles in the U.S. from January to March, according to estimates from Motorintelligence.com. Ford sold only 10,866 EVs during the quarter, but the company said that's largely because it had to stop making the top-selling Mustang Mach-E electric SUV while it retooled a factory in Mexico to increase production. Spokesman Said Deep said the company didn't build Mach-Es for seven weeks during the quarter, cutting into sales. Also, Ford was forced to stop making the F-150 Lightning electric pickup in February after a battery caught fire during a pre-delivery quality check. The problem was fixed and production resumed March 13." Source: https://finance.yahoo.com/news/gm-passes-ford-no-2-183806886.html Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
Chalkie Posted April 5, 2023 Report Share Posted April 5, 2023 (edited) I can see how the Bolt EV would carry the sales numbers as it is considerable less money than either Tesla or Ford EVs. This is the one my son-in-law has and the Bolt is surprisingly (to me) quite comfortable and definitely peppy making it a nice little car in a no-frilly kind of way. Edited April 5, 2023 by Chalkie Quote Link to comment Share on other sites More sharing options...
Ray,IN Posted April 6, 2023 Report Share Posted April 6, 2023 (edited) I learned just last week GM is owned in part by China, not wholly but partial. https://investguiding-com.ngontinh24.com/articles/what-percentage-of-gm-does-china-own#toc-0 Edited April 6, 2023 by Ray,IN Quote 2000 Winnebago Ultimate Freedom USQ40JD, ISC 8.3 Cummins 350, Spartan MM Chassis. USA IN 1SG retired;Good Sam Life member,FMCA ." And so, my fellow Americans: ask not what your country can do for you--ask what you can do for your country. John F. Kennedy 20 Jan 1961 Link to comment Share on other sites More sharing options...
Chalkie Posted April 6, 2023 Report Share Posted April 6, 2023 13 hours ago, Ray,IN said: I learned just last week GM is owned in part by China, not wholly but partial. https://investguiding-com.ngontinh24.com/articles/what-percentage-of-gm-does-china-own#toc-0 China likely owns a piece of every auto company, American or otherwise, by stock ownership or simple control of the raw materials and/or components that go into them. Quote Link to comment Share on other sites More sharing options...
RV_ Posted April 8, 2023 Author Report Share Posted April 8, 2023 (edited) On 4/5/2023 at 5:46 PM, Chalkie said: I can see how the Bolt EV would carry the sales numbers as it is considerable less money than either Tesla or Ford EVs. The article said in the first para that they were number two not even close to Tesla sales figures. "General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race. But GM's EV sales of 20,670 were still far below those of industry leader Tesla, which delivered more than 161,000 vehicles in the U.S. from January to March, according to estimates from Motorintelligence.com." So GM in two months sold 20,670 EVs versus Tesla's 161,000. Hardly "carrying" the sales numbers. Tesla also just dropped the price of their cars again. The 2023 Model Y is now the same price for a new one, $49,999.99 as my Model Y in 2019 for the exact same price. "Tesla's decision to slash U.S. vehicle prices comes ahead of the implementation of new battery and mineral component requirements to qualify for the full Inflation Reduction Act $7,500 tax credit for EVs." Source: https://www.investors.com/news/tesla-stock-tesla-slashes-us-vehicle-prices-after-q1-deliveries-miss-more-vehicle-price-cuts/ Edited April 8, 2023 by RV_ Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
Chalkie Posted April 8, 2023 Report Share Posted April 8, 2023 13 hours ago, RV_ said: The article said in the first para that they were number two not even close to Tesla sales figures. And I did not say it exceeded Tesla sales. I just said it was not surprising it carried the sales numbers it did due to price. Not every comment made about EVs is anti-Tesla. Although, my son-in-law says that if he were to spend the money it would cost him for a Tesla S or X he would buy a BMW iX for the better fit and finish. I don't have the money to consider either so I just nod my head knowing that his research and reasoning are sound. Quote Link to comment Share on other sites More sharing options...
Kirk W Posted April 8, 2023 Report Share Posted April 8, 2023 34 minutes ago, Chalkie said: Not every comment made about EVs is anti-Tesla. 👍 Quote Good travelin !...............KirkFull-time 11+ years...... Now seasonal travelers.Kirk & Pam's Great RV Adventure Link to comment Share on other sites More sharing options...
RV_ Posted April 8, 2023 Author Report Share Posted April 8, 2023 (edited) 4 hours ago, Kirk W said: 👍 I'm glad you agree with me Kirk! 👍 Edited April 8, 2023 by RV_ Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
Ray,IN Posted April 9, 2023 Report Share Posted April 9, 2023 (edited) Elon Musk doesn't have to ask before acting, like GM and Ford must do with their BOD. Edited April 9, 2023 by Ray,IN Quote 2000 Winnebago Ultimate Freedom USQ40JD, ISC 8.3 Cummins 350, Spartan MM Chassis. USA IN 1SG retired;Good Sam Life member,FMCA ." And so, my fellow Americans: ask not what your country can do for you--ask what you can do for your country. John F. Kennedy 20 Jan 1961 Link to comment Share on other sites More sharing options...
RV_ Posted April 9, 2023 Author Report Share Posted April 9, 2023 40 minutes ago, Ray,IN said: Elon Musk doesn't have to ask before acting, like GM and Ford must do with their BOD. Yep, plus his margins are still high even after dropping prices, so he can change course nimbly. Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
Chalkie Posted April 9, 2023 Report Share Posted April 9, 2023 11 hours ago, Ray,IN said: Elon Musk doesn't have to ask before acting, like GM and Ford must do with their BOD. That is not entirely true. The SEC forced him out of his position as Chairman of the Board because of Tweets he made on potential actions. He does remain CEO and while the Board generally backs him, he does answer to a Board that answers ultimately to the stockholders. Quote Link to comment Share on other sites More sharing options...
Ray,IN Posted April 9, 2023 Report Share Posted April 9, 2023 (edited) He does have quite a bit more leeway than any other CEO, because he owns a larger percentage of stock and founded the company. Edited April 9, 2023 by Ray,IN Quote 2000 Winnebago Ultimate Freedom USQ40JD, ISC 8.3 Cummins 350, Spartan MM Chassis. USA IN 1SG retired;Good Sam Life member,FMCA ." And so, my fellow Americans: ask not what your country can do for you--ask what you can do for your country. John F. Kennedy 20 Jan 1961 Link to comment Share on other sites More sharing options...
durangodon Posted April 10, 2023 Report Share Posted April 10, 2023 Tesla was founded by Martin Eberhard and Marc Tarpenning. Musk is the largest "individual" stock holder, but his 13% share is far from a majority. I think they listen to him because he is smart and has good vision about where the company should go. Quote Link to comment Share on other sites More sharing options...
RV_ Posted April 15, 2023 Author Report Share Posted April 15, 2023 On 4/9/2023 at 7:23 PM, durangodon said: Tesla was founded by Martin Eberhard and Marc Tarpenning. Musk is the largest "individual" stock holder, but his 13% share is far from a majority. I think they listen to him because he is smart and has good vision about where the company should go. Thanks for correcting that Don I missed that. Ray is good people but that was an error.I spend less time here nowadays. And I just had surgery with a month recovery time. No biggie. You're right and I have said that a bunch. Thanks for catching that. Look at the dwindling participation since Mark Nemeth left as Forum admin. I have got to get a round tuit and redo my website. I make the rules there. Life's too short - it's time to stop getting ready, and start getting to it! 🖖 Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
RV_ Posted April 25, 2023 Author Report Share Posted April 25, 2023 Disregard GM becoming Number 2 behind Tesla with the Bolt. Even then the numbers were far apart: GM to kill off Chevy Bolt, paving way for new EVs https://finance.yahoo.com/news/gm-to-kill-off-chevy-bolt-paving-way-for-new-evs-174839847.html Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
Ray,IN Posted April 27, 2023 Report Share Posted April 27, 2023 Today Tesla stock hit $2,000. Quote 2000 Winnebago Ultimate Freedom USQ40JD, ISC 8.3 Cummins 350, Spartan MM Chassis. USA IN 1SG retired;Good Sam Life member,FMCA ." And so, my fellow Americans: ask not what your country can do for you--ask what you can do for your country. John F. Kennedy 20 Jan 1961 Link to comment Share on other sites More sharing options...
RV_ Posted April 30, 2023 Author Report Share Posted April 30, 2023 On 4/26/2023 at 6:25 PM, Ray,IN said: Today Tesla stock hit $2,000. Ray??? Um no it did not. "Cathie Wood’s ARK Invest leapt to prominence on the back of high-conviction calls on one the Street's most polarizing names — Tesla (TSLA). And now, the firm is doubling down on its bullishness around the electric vehicle maker with another bold price target for the stock: $2,000 by 2027." https://finance.yahoo.com/news/cathie-woods-ark-invest-sees-tesla-stock-at-2000-on-600b-robotaxi-business-125523471.html?utm_source=pocket_saves Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
Ray,IN Posted May 1, 2023 Report Share Posted May 1, 2023 Quote And that's what I get for speed-reading and assuming I understand. Sorry. Quote 2000 Winnebago Ultimate Freedom USQ40JD, ISC 8.3 Cummins 350, Spartan MM Chassis. USA IN 1SG retired;Good Sam Life member,FMCA ." And so, my fellow Americans: ask not what your country can do for you--ask what you can do for your country. John F. Kennedy 20 Jan 1961 Link to comment Share on other sites More sharing options...
Kirk W Posted May 1, 2023 Report Share Posted May 1, 2023 Tesla stock price according to the NASDAQ: Date Close/Last Volume Open High Low 04/28/2023 $164.31 122,515,800 $160.90 $165.00 $157.32 Quote Good travelin !...............KirkFull-time 11+ years...... Now seasonal travelers.Kirk & Pam's Great RV Adventure Link to comment Share on other sites More sharing options...
RV_ Posted May 1, 2023 Author Report Share Posted May 1, 2023 (edited) 18 hours ago, Ray,IN said: And that's what I get for speed-reading and assuming I understand. Sorry. No problem bud! But I had to correct that. I have seen it at $17-$22.5 on IPO when I first bought it. And I believe it went briefly at or near $2k just before the five for one split in 2020 just before I bought my Model Y that year. Watch the rest of 2023. Edited May 1, 2023 by RV_ Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
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