Wall Street says GM CEO Mary Barra's promise of 400,000 EVs is pure fantasy
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- เผยแพร่เมื่อ 19 พ.ค. 2024
- Wall Street says GM CEO Mary Barra's promise of 400,000 EVs is pure fantasy
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#gm #wallstreet #marybarra #evs #evnews
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If Elon had said any of these absurd things, the SEC would be apoplectic in imposing fines.
He did, and the SEC found out no one would hold him liable. So they don't bother anymore. Remember all the things that came out of 'private at $420?' Most of them aren't being enforced.
Elon says absurd things so regularly that no one remembers any of it. Did your solar roof charge your roadster 2.0 robo taxi all the way last night?
All these railroads going out of business because of convoy tesla semis and the hyperloop is a bummer, huh?
Or how about how traffic was eliminated with those tunnels that pay for themselves with dirt bricks?
Really?
He HAS said it, sec IS apocalyptic in their pursuit of him and yet, albeit his timing is off..the guy delivers. Mary's gender is keeping her in the chair, not her performance
@@billcichoke2534he proved he had funding secured to go private but decided not to.
@NoWastedCalories No, he didn't. Just like he SAID he founded Tesla, just like he SAID the Model 3 would have full L5 autonomy right out of the gate, just like he SAID his semis would have 1 million mile reliability (thry haven't), just like he SAID he knows more about manufacturing than anyone alive...
Just because Musk SAYS something, doesn't mean it's so. And there was plenty of evidence at the time that he did NOT, in fact have anywhere NEAR enough to buy out Tesla for anything above $150 per share, much less $420.
GM's upper management has been clueless near of 3 decades. Barra has put her foot to the floor, in reverse. It's a shame.
Upper and middle management, and for more like 40-50 years.
But she got huge bonus
There have always been people hired for the wrong reasons, even at her level. Intentional efforts have been made to hire for reasons other than competence starting about 3 decades ago. The result has been significantly more incompetence at all levels. Also, engineering supervisors, programming team managers and IT managers may count as middle management, but their experience and tech knowledge is crucial to making progress that keeps a company competitive. Here's what is equally important for Barra, her executive team, and her middle management: You can't be a good leader if you don't have good followers.
Pay me the obscene salary of $30 million dollars a year even with declining vehicle sales every year since 2016, plants closings, layoffs, a series of fines and lawsuits, invested money in Nikola Motors, discontinued models like the Chevy Bolt and have not produced a minimum number of EVs, continuing problems with batteries after numerous recalls on the Chevy Bolt. Chevy Bolt production will ended them restarted GM would have 18 different EV models but currently only have 4 in production, stock price continues to decline, borrowed more money from the government, have not paid off previous loan from the government, what do you think I would say?!!! Things are getting better?! LOL! Just keep paying me the obscene salary of $30 million a year! The new models are coming! My name is Mary BS Barra! I’m the CEO of GM, suckers!
Warren Buffett dumping the stock is probably the clearest indicator that GM have serious problems and a red flag to future investors.
Yes
Warren Buffett has been making huge investments in the oil industry. The U.S. based auto industry might lose market share to Toyota.
@@timothykeith1367 and the oil industry is now making major investments in both clean energy and charging infrastructure. Full circle
And when will more attention be given to the most indebted companies in the world, led by Toyota and VW? Does this mean that in truth they lost money on each unit sold for the past few decades, inclusive of accurate accounting of their capital investment? Is it possible their capital investments need to be written down, resulting in massive charges and losses, because such factories are outdated and inefficient and rapidly becoming obsolete?
Someone needs to expose her. Ford CEO is really trying to save the company whereas Mary is just bsing her way into a golden parachute.
I agree. The Ford CEO at least speaks realistically and tempers his enthusiasm and communicates the huge challenges they face in a changing world. Further, he seems to compliment Musk and Tesla which, really anyone trying to get profitable in that world, really should do to have any integrity at all, not bash Tesla.
Yeah, yeah, GM bad Tesla Good.
To the Tesla fandom, Ford CEO is only as good as his last Elon asslick.
@@roemessyou're a tool, we get it
@@roemessWell the numbers seem to confirm that Tesla IS good and MG IS bad. The transition to EVs over the next 5-10 years is inevitable, and GM is on track to not survive it. At the rate they are going, the best GM can hope for is to emerge as a much smaller company that markets cars made by others (mostly Chinese), or maybe as a JV partner. Hopefully the US will ban Chinese EV imports, which unfortunately for GM, will result in its bankruptcy.
The only thing that matters is making compelling EVs for a profit. Everything else is just bullshit! If GM and Ford can't do that then they are failures. Plain and simple. Heads should roll accordingly.
Its astonishing. All the technical resources and a considerable amount of resources, so badly managed. It would have been funny if it weren’t so tragic for its employees. Maybe Barra would have been better advised to do one car right, rather than pursuing an imaginary 18 new vehicles.
Why is it so astonishing, when it's the same "leadership" at GM that was boosting Nikola stock?
Their Ultium architecture is a failure. The "masters of mass manufacturing" have been completely unable to scale it, and quality is horrible.
GM did not understand the rate of improvement in battery technology. At the pre-electric pace of innovation things would have worked, but they are now welded to a battery chemistry that was out of date before the factories to build the cells were even completed, let alone making them at scale.
Is this Mary Barra’s fault? When you make the kind of money she is making, everything is your fault if it goes wrong.
It won’t matter, unfortunately, until the GM board looses confidence in her…which is tied not to the future viability of the company, but to the stock price.
There is bankruptcy over the horizon, they just don’t realize it yet. 😢
Agreed, one car to start and then add only when that one is a proven winner in the marketplace - resources split between too many projects makes none of them excellent and all mediocre at best.
She's not very bright. Never seen a good move from her in 5 years. She's all about the short term. Doesn't care about market share and the future.
She does stock buybacks and dividends while she's borrowing money.
She's milking the company and then she'll retire when its too late for the company (arguably, it already is).
I can understand the CEO misleading investors by making irrational forecasts to prop up the stock, but not an SEC who turns a blind eye to it over and over again. Imagine investing in GM on the CEO's guidance... fraud.
It is not just Mary but the US politicians as well, it will be naive to trust the truth will come out of their mouth at all.
US politicians are puppets for the UAW and companies like GM.
President Biden accurately recalled his son's date of death. (You are wrong.)
What happened to the SEC taking CEO misleading statements seriously
Doesn't apply to the corrupt union run shops when a very publicly ass kissing of unions pres is in office. 😏
Only applys to Tesla. GM have been one of the biggest donors for the party in charge.
Forecasts and predictions aren’t subject to review by the SEC, even if they are unreasonable.
I wanna sue Mary Barra an Elizabeth Warren for wasting time an tax payers money on ridiculous claims against Mr Elon
That only applies to Tesla silly rabbit Trix are for Kids : P
Is Mary Barra's promise of 400,000 EVs pure fantasy?
"Absolutely, Phil."
Yep and the SEC didn’t investigate her. No judge is looking to remover her compensation for adding no value to her stock in over 10 years. The system is rigged.
Tesla will sell more Cybertrucks this quarter than GM sold Hummers last year.
If it’s one thing Elon understands is scale and how to make scale happen
Already one Cyber Truck produced every 9 min right now
Can anyone belive a single word out of Mary's mouth
Mary's not really "lying." Sure, she says unbelievable stuff, but everyone expects that nothing a Detroit CEO says is true. D3 CEOs quack; no one listens to the duck. The scientific initialism for reciprocal false-itude non-belief is b.s.
Can anyone believe a single Word from an american
@@ThierryHorelbeing an American has nothing to do with it. Mary Barra is a loser.
Ford and Tesla are telling the truth. Can’t say much about VW, BMW, BYD or Xpeng
@@ThierryHorelHaters, hate, mate.
She does not lie.
She happens to charge her mind a lot. 🤷🏼♀️
Hey Sam, just wanted to say a word of encouragement for you. I appreciate your videos. You usually hit a single story in a single video which is preferable to watching an EV news channel with 8 stories covered in a single video, at least when time is limited and it usually is.
So thank you and please keep doing what you're doing. Prayers for the family and hope they're doing well.
I'm not against self driving cars, but there seems to be a hyper focus on self driving technology. I'd rather they focus on just making an affordable EV.
There is little or nothing in stopping self driving that would help make an affordable EV. To make an affordable EV they would need to start by shedding dealers. They will replace the UAW workers with robots in 4 years.
Elon feels FSD Robotaxis will be the affordable transportation solution
They are not mutually exclusive. You can do both.
At least Mary pulled off some first class partnerships. Nikola and Lordstown.
😂
Right?! The only partnership anyone should be doing is with Tesla if they ever want to be serious about doing EVs. Elon wants better competition to change the entire auto world over and he has always said that, and that is why he has released so many patents for others to use! People don't realize that Tesla is not only by far the most brilliant and advanced EV company, they are trying to help others to compete!
@@travisjazzbo3490
Very Good EVs and the best Charge uP Stations in the business.
I Love posting this :
. *"Tesla is a **_moving_** target"* 🎯
. ---+- Herbert Diess -+--
When it comes to *"EVs"* , No car company will ever catch Tesla ❕️
@@travisjazzbo3490 Looks like it fell on deaf ears. Lol. They should have followed Tesla’s lead, at least the they wouldn’t be so far behind. Instead Mary had to brag that they would Supplant Tesla as the leader in EVs. Stupid mistake imho. Prove it first, then talk.
They could always buy Fisker. It's being delisted and going for a bargain. Mere cents.
Why not, she wasted money investing in Nikola and Lordstown.
Fisker has no assets, no factory, no Fisk…
You lied Mary and it matters.
GM is obviously in the business of Imagineering.
Disney ain't worried
@@FrunkensteinVonZipperneckthey should be! She’s on their board.😮
Should the SEC investigate Mary's BS? They seem to have no problem taking ONE SENTENCE from Elon and prosecute him. What about Mary's MANY statements that have been shown to be false and have mislead GM investors?
"Mary, you electrify the industry."
“The ENTIRE INDUSTRY” 😂
Looks like a short circuit at GM. Barra needs to be zapped.
YOU ARE SHOCKING MARY !
"What do you think about GM's execution?"
Warren Buffet: "I'm all for it"
Good idea
GM nowadays is increasingly a regional manufacturer and that tells a lot.
I own two Chevy bolts. I absolutely love them and they are incredibly reliable and comfortable. Yes, they definitely rushed the Ultium platform release; however, them stopping sales to get it right was the right move. Look at Hyundai/Kia with their DC-DC converters, they still are resistant to admit and repair the vehicles properly. I do believe that once the kinks are worked out on the Ultium platform, that it will be amazing. The Bolt to this day, I believe, is the best EV GM has made. They definitely are saying to high of numbers for production goals, that would end up having a ton of inventory sitting for them. They need to prove themselves more widely to the EV community first, then the mainstream community, then once they prove that; ramp up production at that point. GM does have the ability to beat Tesla on build quality, reliability, part availability, and possibly price; but that does mean they have to make a concerted effort towards those ends.
I once worked for GM in Detroit. I've been in the HQ, the Warren Tech Center. It was an amazing company. I hope they do weĺl. Vehicles have become too costly.
I recall going to a Chevy dealer in 1973 and a new Monte Carlo was $4,000. Many working class families could afford a new car every few years.
Then, came high inflation, high gas prices, massive layoffs, high interest rates in the late '70s. We got through that and I'm nostagic about it now. In all of that I never heard of anyone being homeless like today.
In 2973, we still had mental hospitals. By the end of Reagan, all mental hospitals had been shut- dumping all those poor folks on the street - trickle down…
@@FrunkensteinVonZipperneck That was already started 20-30 years earlier by the libs, but keep revising history if it works for ya!
Meanwhile, the patriarchy is preventing women from becoming CEO's.
Assuming you're not be sarcastic I can report that women head 3 0f 4 top banks in my 1st-world country.
Barra is paid $70m not to screw up.
When regular people can't afford car and credit card payments, they are not going to buy any type of new vehicles. Reposession rates in the US have reached a significant high and it's not slowing down, used car auctions where dealers get their inventory are well overstocked at the moment.
When Tesla delivers its upcoming Gen 3 $25K cars some segment of people now driving used cars will be driving new Teslas. The saving on gas, maintenance, and keeping an out of warranty ICE running will make the new Tesla very attractive for the people who can swing it.
GM should produce an electric car that we can live in.
GM's solution is build more $60k+ trucks and SUVs. Now, if they can only start to sell those vehicles rather than stockpiling them on old parking lots.
GM is taking shortcuts to try and catch up. That is costing them even more time.
New Boeing!!!
You outlined the situation very well Sam.
Really SAD
I really wanted to believe Marry Barra's statement "They were all in on ev's" my 2019 Chevy Bolt ev premier has been my most favorite vehicle I've EVER owned... I Wanted to upgrade to a EUV but dealerships are inflating the prices. And now that it stopped making it in 2023, they have increase the list price 2 to 5000 dollars premium for last years, out dated model, with a non nacs plug vehicle... slow fast charging 55kw, fast charger. The people that bought last year, lost their shirt... No resale value...
Why don't GM's Shareholders sack Mary -you can't do it- Bara?
Answer, because it's just simpler to dump the stock?
Why don't GM's Board of Directors sack her?
Ans, because they are making money whilst the sun still shines and figure that the company is doomed?
They are just riding it till it drops!
You did it, Mary.
Even more amazing is when you learn b.s. barra&reuss approved the first 5 ultium ev platform cars back in Sep of 2017.
Here it's almost April of 2024 and none have succesfully even ramped up sales yet. Way to lead Mary had a little lamb bsing barra!👍🏻😀
Same could be said for ALL legacy ICE companies, possible exception for Hyundai.
Steven Mark Ryan has had some...er..."Harsh" words about Mary.... lol.
Who cares what he has to say ?
true...but he can be funny sometimes....@@thewolfdoctor761
No more bailouts for G.M.!
@@thewolfdoctor761 Agreed !
anyone heard of Kodak digital camera?
Kodak PIXPRO AZ255 .
There are more Kodak digital camera models .
Anyone hear of Apple iPhone? The only way for Kodak is have market share in digital cameras is to have been a popular smart phone. Kodak was never much into high end cameras, they are known for such cheap cameras as the '70s Instamatic
Hasselblad makes huge digital cameras .
I owned one of the first models. It was affordable, worked well, and had great software that came with it.
Mary led and it shattered.
Mary ‘BS’ Barra 😂
I understood that reference!
It’s almost like GM hired the head of HR to run the company.
Mary is playing a shell game.. She works quarter to quarter, to keep the stock up with promises, and getting her bonuses,,
Just put a set of walking shoes with the spare tire in each vehicle
Mary Mary, fairy fairy STORIES
Mary you were THE FIRST... female CEO to BE FIRED FOR NON PERFORMANCE
My fingers are crossed 🤞
Mary Barra has not yet destroyed as much value of a large public company as Carly Fiorina did at HP. So Mary is never going to be first even at being bad😢
Yes. She should definitely be fired!
GM has emerged as a dominant force in the electric vehicle sector, primarily within the Chinese market. There's an opportunity for GM to draw lessons from its Chinese partners, SAIC and Wuling.
Afternoon mate
GM has always been about image, not substance. They put profit before everything else, therefore they fail every time, because Gm refuses to put their engineering first before styling .
I dream of an electric Chevy Spark. Cheap and sweet. True 400km range.
Get a used bolt. $15,000 and a tax credit.
Mary Barrett is the Elizabeth Holmes of the auto trade.
I'd totally own a Hummer EV here in AU. Would be wild.
They can sell ev scooters and micro cars in china. Gets the count up.
why was Mary Barra appointed to the Job in the first place?
Australia found out very early that GM were not up to the task of producing cars in the 1940’s , so we went it alone for 70 years there after.
Can’t believe the Sepos in GM
GM's "board" could fire CEO Mary Barra ... iff GM board Chair Mary Barra presents a motion to the GM board to vote on firing CEO Mary Barra, but GM board members are controlled by GM board Chair ...
Then the board would have to provide a DEI replacement for Mary.
Never lost faith in GM as I never had any to lose! Most US executives are more like politicians and bean counters than engineers.
When will Mary Barra and GM attract lawsuits for alleged misrepresentation and possible fraud…. Just wondering.
This is entirely feasible if they are remote controlled toys.
GM makes good EVs. They just need to get the bugs worked out. When interest rates start coming down, you’ll see consumer confidence start increasing, and so will sales. Stick to the plan Mary. EVs are the future.
How many times have you heard short sellers persecute Elon for missing targets calling him a fraud, liar, etc. but…GM and ford get a pass.
Well heres the problem in bringing one guy that worked for Tesla into working at GM. Still have same slow paced management, still have same mind set to how to build autos, still catering to same supply companies. Still Trying to make dealerships work for EV`s. Would be like hooking a harness to Micheal Jordan and expecting him to pull a wagon to town. Its not to going to Work. And I do give a little credit to Mary she was able to sweet talk her way into a large bonus while watching the Ship Sink.
GM EV1 ⚰️🥀🌹... (1996)
GM had the EV1 first and then dropped it. Tesla put all of its effort into the power train weight savings to reduce costs and get better range. The GM managed to screw to a 15 year lead. Their internal managers should all be fired
Too late to fire them - they all retired with golden parachutes, just like Mary Barra and her executives will do, leaving everyone else holding an empty bag.
GM managers from 1990 are all retired and collecting that sweet GM pension
Oil companies.
Oh, the GM handling of EV1 is worse than that. They used it as a sham to convince the original inventors to sell the NiMH patents, then immediately turned around and sold them to Chevron/Texaco. What next? Chevron/Texaco immediately sued anyone working on a NiMH EV, with the most obvious example being Toyota, who started making the original RAV4 EV in 1997. The eventual settlement had Toyota pay $20M in damages, kill all EVs and limit any use of NiMH to something like 1 kWH for mild hybrids. This successfully delayed the EV by a decade. en.wikipedia.org/wiki/Patent_encumbrance_of_large_automotive_NiMH_batteries
@@cutehumor Pensions shouldn't exist.
A new Gallop poll shows that 48% of Americans say that they would not purchase an electric vehicle, up from 41% last year.
GM is in big trouble. It is likely to find itself in a deeper hole. soon. Mary Barra's plan several years ago sounded like a pipe dream. I spent 28 years in GM plants as an Industrial Engineer.. GM is making some great vehicles. They are not nearly enough. The TH-cam videos shot today of GM plants look too much like they did when I retired in 2001. I'm hoping for a miracle but I don't see it coming.
GM's cheapest vehicle is the 2024 Trax - from Korea. Wooden Sliverado comes from Mexico where GM pays slaves TEN BUCKS A DAY (NY Times). Not "great."
@@FrunkensteinVonZipperneck "As of January 1, 2024, the minimum wage in Mexico will be MXN 248.93 per day for the rest of the country, and MXN 374.89 per day for the Free Zone of the Northern Border. This is approximately USD $14.50 per day for the rest of the country, and USD $21.83 per day for the Free Zone."
Hummer is just a niche vehicle. I wouldn’t expect their sales would be very high.
I think Mary should get the "Snake oil" Salesperson of the year!
I believe in Mary Baria and her vision for large ev growth at GM.
Mary Barra (aka pinocchio).
She does not lie.
She happens to charge her mind a lot. 🤷🏼♀️
Mary emBARRAssing*
She's clearly seen the writing on the wall. The whole house of cards is falling down when it comes to EV. She would be derelict if she kept the promises.
It's all about what the government wants and nothing about what the customer wants.
Why is the volume so low :/ please fix
GM and Ford - a lot of talk, zero walk.
To fix the GM products:
1) Remove the LCD screen and replace it with knobs and switches.
2) Remove almost all of the software and run wires from the knobs and switches right to the stuff they control
3) Make a nice place for a cell phone holder up on the dash.
There are enough people who don't want touch screens to make a market.
And have manual parking brakes. None of this electronic button garbage.
FYI Ron Barron has higher lifetime return % than Warren Buffet. Admittedly Buffet has greater total dollars due to many more years of investing.
GM lost me in 2004 with a Buick!
Tesla has a ten year head start.
100 years 😎
10 years and growing.
Remember her Zero strategy? zero cost zero cars zero customers. It's working 😂😂😂
My major question is whether Mary Barra is divorced from reality and misinformed, or whether she is intentionally lying to the public and subject to fraud.
I knew it when she said it
Sam, on the outside chance you have yet to come across @stevenmarkryan's podcast "SolvingTheMoneyProblem" I think you'll find some agreement re Mary and GM. Per Mark, "Mary BS Bara" -has- a PLAN but it amounts bullshitting her way into being booted out at some point after destroying the company. The show (and it -is- quite a show) is highly entertaining if somewhat repetitive.
Looks like the more delusional a CEO is the more they get paid...
Paid
No “smart” business person would sell their soul for pennies.
I hope not! I want the Blazer EV with supercruise! My 2020 Bolt EV is spectacular but is a bit small! My wife won’t let me get the Lyric EV as it looks like a rich persons car so we must wait for the Blazer at the same price as it doesn’t have the Rich look!
Mary did electrify the world...with laughter (and not the good kind).
General Motors have left the game
Realistic or not, if you don’t have a set goals that deemed impossibly high, you aren’t trying.
GM is done! It’s all a race to the bottom for GM
Keeping that investor / stock buyer money flowing is job one.
Well, its still technically possible. Wuling is a GM venture isnt it!? Just re-brand them as Chevrolet as ship them to the EU and US! Done, 400K EV´s in a snap!
That WAS the plan - then Trump slapped a BIG tariff on GM, I mean China 🤪
They would have to reduce safety standards to the point where you could register a biscuit tin.😊
50k deaths in traffic accidents in a snap!
@@FrunkensteinVonZipperneck Build the cars in CKD´s, assemble them in a Chevy plant in Mexico, bring to the US, Profit. They cant even use the "chinese company" excuse. Technically it would be a chevrolet.
Yes first...what a man.
Not impossible but need a strong will.
Being able to sell 1/2 of those is another fantasy 😅
She could be fired and still never have to work another day in her life!
How could they come close to selling 400k EVs when they stop making their top-selling EV the Bolt? Not to mention, delayed the next future seller, the Silverado EV. It will be amazing if they beat last year's EV sales.
On EV forums, it's amazing how people still freak out over every little thing for Tesla, then turn around and fight hard to minimize and excuse GM's massive issues. The last good EV that GM produced was the Bolt - and they killed it without replacement. GM just pushes out more promises and fantasies. Can you imagine the screaming if the Tesla factory had 11 fires in a few months?
I think GM was losing money on Bolt
@@timothykeith1367Yes, largely because Mary refused to scale up Bolt production. You simply cannot make money selling a $30k car unless you get to real volume. It took them 5 more years to match the production rate of their first full year (2017). I'd bet money that Blazer is losing far more per unit than Bolt.
It was always a compliance car. Losing $9k per Bolt was just the cost of doing business.
@@longmuskox4194At the beginning? Sure. I don't believe it was nearly that bad by 2023. Feel free to find an authoritative reference though. Again, scale matters - if they had scaled up Bolt to say 500k/yr, they could have reduced the cost per unit significantly.
@@tomtxtx9617 I happen to live a few miles from the Lake Orion plant. The ever shrinking tiny 3 auto makers have been the livelihood of my whole extended family for generations. The $9k per Bolt was a figure from late 2017. 2017 was the year the Chevy Bolt peaked in production. This was also pre battery recall and pre redesign, then shutdown and retooling at the plant during the battery debacle. I happen to think the later losses per Bolt could have been double that $9k figure because of all the additional costs associated. I was shocked when they canceled it. What a waste of money. Mary has promised to bring the Bolt back, but it won't be at the Lake Orion plant because they removed everything for renovations and eventually to build the EV Silverado, so they say. But, GM managed to secure a deal to not pay taxes on the property for many years to come in exchange for not closing the plant completely. I guess the roads around the plant will remain a shithole without the tax revenue.
Of course, economy of scale matters, but GM was never trying to get there. Their objective was to not pay Tesla for carbon credits like the others were doing. It was always just a compliance car. Who knows when or where the next Bolt will be built. They don't have a factory for it and they don't have a new design to meet the Ultium platform. At this point I wouldn't take anything they say as truthful, it's all just fluff for their public image. Because, GM electrified the entire auto industry, and led, and it matters...blah, blah, blah.
Sam for CEO of GM.
"Time is running out, Patience is running out"? Whoever is projecting sentiments like this is old, frustrated and afraid. Things are not working out like hoped/planned and time is running out, this is the product of failed old person fear.
Mary must be drinking a lot of Mexican herb dream tea lately...
Come on man Gudday mate come on man a production bonus for 27 vehicles should have been a clue to what was coming
Buffet own a lot of stock in BYD.
Investigation!!!!
Yes, you're being to scathing.
Nobody really wants EVs until the charging infrastructure is ALREADY built out, range anxiety is a thing of the past and rapid loss of value is reversing
80% of charging BEVs takes place at home. It's convenient, obviously there is no range anxiety. The only thing rapidly losing value today is ICE cars & that industry. Cheers!
@@beautifulgirl219 I think it is closer to 90%. My Tesla is ready to go every morning.
The Bolt was going in the right direction. Of course they stopped producing them. If GM survives the next decade, I’ll be surprised. They need to adapt to survive and do it fast. They are falling behind fast in EV markets as competition is growing rapidly. Oh well. I liked the Bolt.
Doesn't GM make a lot of EVs in China? Wouldn't they have learned how something there?
Oh come on, I think Mary’s forecast is spot on, apart from the five zeros after her number 😂