Posted on 11/21/2023 8:43:08 PM PST by SeekAndFind
I say similar about both torn down jeeps and that K5.
Every now and then I make a little progress.
It isn’t like I have a full social calendar, exciting night life or much else outside of being a working person.
Yah, the Cash Cow by far are the F Series trucks. More specifically the gas burner F-150 and diesel burner F-250 series. Ford is bleeding red and needs to pump their sales back up or eventually file for bankruptcy….
You are probably right. After all there are plenty of trillions left where they found the first $34 trillion we didn’t have.
CATL??? CATL???
So they want to build CATL cars? Not very subtle.
I’m frequently amazed at the continuous lunacy that plagues Ford’s executive suite. Is it the family, or the idiots they hire?
“It’s not clear why Ford got cold feet”
Maybe it’s the fact that there are over 92,000 unsold EV’s sitting in dealer lots. As for T gator it’s best to just ignore him. He is a party connected rat troll and a provocateur.
He’s actually sitting on the side of the road waiting for a diesel powered tow truck to tow his EV to the shop where he can pay $1000 to get the dead battery jumped then wait six hours for it to charge to 80%.
Or he might be calling his insurance company to see if the house is covered for the EV fire that’s currently burning in the garage.
Ford and GM were loosing about 70-100K per vehicle sold, while Tesla was making 8-9k per vehicle sold.
Ford and GM hoped to reduce the price as volume increased. It didn’t because they don’t have a good charging network and their vehicles are not designed from scratch as electric, rather they are bolted onto their existing vehicle body types.
To the people who electric cars are golf carts, The Model S Plaid is the fastest production car in the world and is ~ $120Kand the next fastest is over $1M.
Ford loses about 30k on every EV it sells. Might have something to do with it.
And they don't even make up for it on volume.
That number range sounds familiar. Isn't that close to the tax subsidy the feds pay out to people who can afford to buy an EV?
After Biden gave them all that money too Biden the gift that keeps on giving.
Hey, the Tax subsidy only reduces the price to the consumer.
For example let’s say Tesla produces a 45K (retail car), and sells it for 45K.
The customer pays 45K and the gov gives the consumer (perhaps) a tex credit of 8k (for example).
The 8k goes to the consumer NOT the car manufacturer.
So Tesla mad 8k on the car, (it cost them 37K to build/deliver). The customer paid 45k. Therefore there’s an 8k profit. Whatever the gov does (or does not) give the customer does not affect the Tesla pricing/profit.
Are you really that bad with math?
To futher illustrate, FORD and GM are LOOSING 30-70-100K per vehicle, and their cars are eligible for consumer side subsidy too.
Folks, the car companies have been a good ol boy club for too long. Only Tesla is driving down the costs.
Have you priced a F250 lately?
-PJ
The only American car company to survive without government rescue? Hmmm, methinks Ford’s executives aren’t dumb. They know EV’s are going bust.
My progress is rather slow too and I have zero social life, no night life and I don’t work.
At least not at a job or business.
I did get a lot done on my house this year which was nagging my conscience more than my trucks are.
The job, the spouse, continuing Ed classes, and mainly treading water in regards to the red ink from a couple of big time hospital visits and all of 3rd party stuff insurance partially or didn’t cover.
I am down to one major debt at least and if nothing goes to wacko and super strict budgeting, a year to 18 months.
My Willys jeep is the first candidate for reassembly. The rolling chassis is in storage and I hope to bring it home this long weekend.
I’m all the labor I have.
Going things alone is what I’m used to.
That's where I am too and for the most part the way I prefer it to be.
Here's to good health, long life and old motors! :)
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