This is not financial advice.The Tesla of Farming? Should You Buy John Deere Stock Now? | Mr. FIRED Up Wealth | June 24, 2021 | YouTube
John Deere has no mower blades anywhere in its company to fit our late model John Deere riding mower. Further, if they had the blades in stock, the local dealer said they could not change the blades on our mower for at least two months.
We got some recent Mexican-arrival auto mechanics to remove our blades, sharpen them and re-install them while we waited.
John Deere is no “marvel of modern technology.” The company has become a joke.
“July 2020 John Deere hired Jahmy Hindman as the company’s first chief technology officer “
This gives evidence that is the exact opposite of the headline. JD is a very successful company, but they waited to last year to hire a CTO?
Big old companies are hard to change. I would be more interested in finding some new companies that can move faster and take a slice of the multibillion dollar industry away from Deere.
John Deere will not sell manuals to repair their large equipment so a person has to take equipment back to them for repair. This is a very expensive practice. Some have bought pirated manuals form eastern Europe.
Would you want to invest in this company.
Unionistas which make crap machinery.
Deeres residential equip is thin gage metal and plastic junk.
In my old dairy town the industrial farm equip was everywhere so they must be doing something correct in that regard.
I loved by Kubota BX25 for my plot and started seeing more orange in the region along with the local industrial farming tractor dealer at one time having acres of Ford Blue equip everywhere was taken over by Kubota Orange.No Deere
If I see another IC chip it will be too soon.
2015: Farmers can’t legally fix their own John Deere tractors due to copyright laws
https://theamericangenius.com/business-news/farmers-cant-legally-fix-their-own-john-deere-tractors-due-to-copyright-laws/
March, 2020: Farmers Fight John Deere Over Who Gets to Fix an $800,000 Tractor
https://www.bloomberg.com/news/features/2020-03-05/farmers-fight-john-deere-over-who-gets-to-fix-an-800-000-tractor
I am out on new JD products due to the proprietary software needed to troubleshoot them.
Not to mention the fact that they will spec a bearing or whatever part that is just a tiny bit different size than a common off the shelf bearing just so that you have no other choice than go to JD to get it.
Autonomous electric tractors..maybe someday, but the production of food crops in the here and now is dependent on diesel fueled machinery. The green new dealers who think tofu grows on trees and is lovingly picked by happy natives on government collective farms and have declared jihad on fossil fuels need to actually come to farm country and see how food is produced. Practical battery powered tractors and combines maybe decades away. Tesla technology just won’t work down on the farm as where in the middle of a field miles from anyplace do you charge that electric combine? Those of us in farm country know that those huge tractors and combines on the roads and highways move at the speed of rigor mortis so driving them to the nearest charging station for a half a days charge would leave crops rotting in the field. Sure new technology could change things, but the green new dealers will have us not only shivering or sweltering in our darkened homes but starving as well.
I like your disclaimer.
I resisted Tesla, I can resist Deere.
(altho I am partial to them, we used to have an ‘A’ and a ‘B’.)
Oh and could they pollute pulling a heavy load and snort out smoke and fumes. Let’s see a battery-driven vehicle do that .. Oh wait, Teslas do smoke when they crash. Never mind.
read later
subscription life now, you only buy the privilege to be a customer.
Still waiting for the Roomba equivalent lawnmower. No goats allowed here in town. Too much lawn to turn it all-concrete.