GM
General Motors Company
stockNYSE

GM from the NW 🇬🇧 Have a gr8 day all. Let’s gooooo! 🚀🚀🚀🔥💥📈🤑🍻

Spots position relative to GN, DN, VN, and GM

Just like how GM Financial lends money to customers to buy GM vehicles.

My mom made 12 an hour in the 70s out of high school for GM

1 million EVs from GM per year starting 2025. Any day now.

Ate the shorts still shorting this stock or was that so 2021? 😂 And don’t forget in EV space the two smartest CEOs told us GM and Ford were eating or about to begin eating Teslas lunch! 😂😂 Damn 2022 was a fun year.

GM cutie patootie!

I absolutely should have which is why I ended with the it was a mistake to diversify lol. Percentage wise though, I expect LAC to out perform TNZ next year so even though I'm taking a beating on the position now, I know it will pay off in the near future. Looks like Democrats will take both chambers, bullish for green energy, and next year is the miner re-rate! If that ship goes down it's taking DOE, GM, and Trump along with it to the tune of $3B. Unlikely. What's more likeis for Trump to pump the hell out of it like he did to his administrations other personal stake, Intel.

Dumped all my NVDA shares. Video games are a dead thing. Put it all on safe bets like Enron and GM.

The problem is that you’re assuming Uber’s vehicle costs will be equal to Waymo’s. Right now, they project to be significantly less. Uber is purchasing their Rivians and Lucids for $50k-$70k per vehicle. Waymo’s average cost per vehicle is $105k. That’s why I don’t see Waymo as a threat. Assuming Waymo will be able to scale to Uber’s enormous size at no additional cost is what you’re overlooking. If Waymo intends to be their own service provider, it would cost at least $10-$20B just to grow, maintain, and advertise a platform comparable to Uber. So even in your faulty assumption that all vehicle input costs are necessarily equal, Waymo doesn’t escape that “Uber fee” as those costs then gets baked into each fare and the equation becomes remains vehicle cost+software cost+platform costs. The 20-30% Uber fee may ultimately be cheaper than the costs of trying to replicate Uber. I mean, Coca-Cola doesn’t “need” to rely on McDonald’s to distribute their product. They could easily buy/launch their own restaurant chains (like Pepsi did). But it wouldn’t necessarily be a better deal for them. What you have exactly wrong is that rider preference will dictate which service is used. Available supply will dictate user preference and that will dictate which platform is used. People generally don’t care what car is coming, they only care if one is coming and whether it can take them where they’re going. That’s Uber’s advantage as they are already on six continents and partnered with over 30 AV providers. I may love Waymo more, but if they aren’t available and/or can’t take me where I’m going, it doesn’t matter. Waymo projects to achieve manufacturing capacity of up to 20k vehicles annually over the coming years. For comparison, Volkswagen currently has manufacturing capacity of 24k cars per day. I live in Dallas. Waymo is cool but it can only take you up to 6 miles at under 35mph. Volkswagen and Mercedes launch on Uber this year. Hyundai launches next year. Toyota and GM project by 2028/2029. Not hard at all to foresee a scenario where these giants overtake Waymo’s “lead” of 4k robotaxi’s. It would theoretically take Volkswagen only a few hours to do so. Waymo licensing their software to OEM’s like Ford/Nissan/Honda who will sell vehicles to their franchised dealerships to run their own ride-share business on the Uber platform is much more likely to be the majority of Waymo’s future. This cuts out Waymo’s vehicle acquisition costs, platform development costs, and fleet management costs. Cummins had a lot of success with this kind of business model. Everybody is distracted by Waymo/Tesla. The real threat to Uber is ChatGPT/Anthropic being able to connect you to a local Toyota/GM dealership running out their AV’s and completely bypassing the Uber/Waymo platform.

Yeah, man, I think that's a great idea. I didn't want to put all my eggs in the same basket so I came up with a fullproof diversified plan. Followed all the classic advice like never invest more than 5% into any one company. And split your funds into equity and bonds. I can't go wrong with this plan: **1. US Banking 10%:** Two rock-solid titans with Lehman Brothers and Washington Mutual. **2. Insurance 5%:** AIG is the largest insurance in the world! Zero risk. **3. European banks are reputedly even safer so 5%:** Anglo Irish Bank is my bet. **4. Industrial 5%:** GM because you can't go wrong with American classics. **5. Retail 5%:** Circuit City because of all this computer building boom and stuff. **6. Transport 5%:** Frontier Airlines. These low-cost airlines are just amazing cash cows! **7. Tech and energy 10%:** Solyndra & Joost. I know these amazing guys with really promising startups so decided to put take a stake in their companies. These Joker-cards are probably the ones that will turns us into multi-millionaires while the other assets grind more slowly. **8. Real estate 15%:** Got us a fabulous new house in Florida! 15% of all our funds in downpayment and then the mortgage is quite large. But hey, as they say, real estate always goes up long-term! You've seen these guys getting rich with property in the recent years, right!? **9. Fixed-interest 40%:** Following the classic 60/40 advice I'm putting 40% into Greek governmental bonds! We went to Greece once at it was such a nice experience! Germany was such a drag in comparison, so I'm not giving my money to those lederhosen idiots! I'm like, this is all buy-and-hold so I'm even going to peek at the balance for years, just like these weirdo Bogleheads say (who knows, maybe they're onto something!). So yeah, all the family's money is now in there, although wifey doesn't know anything about it yet. She'll be so happy once I'll tell her some years later, how rich and stable we all are. Probably tell when when the kids hit high school in 2012, and we can start planning their fabulous time in elite colleges!