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Ford Motor Co (NYSE:F) CEO Jim Farley said he believes automakers need to plow through challenges to make electric vehicles affordable for the average buyer, The Detroit News reported on Saturday, citing a live-streamed Detroit Homecoming VIII interview. What Happened: Farley noted key issues...

Agreed that a big drop is around the corner, a sense that the bullish crowd is milking the last drops from this market before the music stops. I'm working on finishing the year in positive territory, switch everything to cash at year end and sit out Q1, hoping to time the crash right...

You've been scammed and there's nothing you will be able to do about it. My advice is to swallow your pride, exercise your anger out, cry if that helps make you feel better and meditate to release the last remnants of negative energy. You should come out of this a wiser man. Oh, and you...

This will be the last one I post until Tsla breaks 800. It's on target. The immediate question once it breaks 800 is, when to sell? If it breaks 800 early (next week), it could peak at 850 before 10/21 Q3 numbers. I expect a drop not long after to test support, around 750. If, on the other...

China's big headache is cash flight. They've been trying to reduce foreign investments and push home growth, but if the cash leaves at soon as possible then it does their policy no good. It makes sense for China to ban crypto for above reason but I think it's good for crypto because it gives...

Absolutely ! Their FSD app is ahead of the competition and much cheaper to install without radar and lidar, but the AI behind it is the real jewel. Add to that the energy management app used in industrial settings and Tesla's energy distribution licenses in the UK, parts of Germany, Texas...

I don't think we disagree much. There's such emotional reactions to Tesla’s success that is simply ridiculous. For my part I support a rapid transition from ICE to EV and thus applaud Europe for their decisiveness. In the same way, I support Musk and Tesla for pushing the ball up that steep...

Per my prior statement, today Tesla is unbeatable. I have no doubts that traditional car manufacturers will at some point within the next 10 years build cars as competitive as Tesla. I expect strong competition from Europe and encourage it because it's healthy. But I also believe that Tesla...

Tesla is in a growth stage and net margins aren't a priority. There's been plenty of Tesla haters pointing to one thing or another to dismiss its spectacular growth, starting with profits from emission rights, as if that was cheating. Next will be its energy business profits or its...

Updated with Q2 2021...

https://electrek.co/2021/09/23/norway-bans-gas-cars-in-2025-but-trends-point-toward-100-ev-sales-as-early-as-april/ ☰ Norway’s Road Traffic Council reports monthly sales figures for all cars sold in the country, so we have accurate reports on just how many new cars of each powertrain choice...

Update; Tsla still charting as expected

Australia's biggest export products by value in 2020 were iron, coal, petroleum gases, gold and aluminum. In aggregate, those major exports account for 63.1% of overall exports sales. Basically, Australia depends on natural resources export, and considering 42% goes to China, it depends on...

Generalizing that small businesses hardest hit by covid restrictions are mostly owned by non Anglo while less affected corporate work is held by Anglo, you're going to see even starker social disparities between Aussies of different background.

Let's follow that argument for a second... what do you advocate then, if government is corrupt (which means the voters elected a corrupt politician that can't be removed from office) and the rich abuse their dominant position to be wealthier? What do you suggest?

What gets me Mickey is when some believe because they arrived on the first boat, or because they have a distinctive skin color, or because they've lived in a spot for X generations they have some innate right to decide what out to be. I believe supply and demand is a pretty good way to...

Yes, that is still correct. SUPPLY AND DEMAND. If you can't afford the best, you will need to settle on the next best.

That's correct

And? What are you advocating? You're the right wing nut calling for government intervention?