GM
General Motors Company
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GM snoo

GM! Get Monero!

They *can* let it go much much lower though. If you ever seen a bailout you would understand how fucking terrible they are for average investor. WSB users live in fantasy land, a bailout doesn't mean company skyrockets. It usually means the exact opposite, it means massive dilution, restrictions and debt. Just look at 2008. GM got bailed out and... Existing shareholders got completely wiped out. 100% loss. Citigroup got bailed out and ended up going 98% down (it is still like 80% down from ATH nearly 20 years later). Fannie Mae and Fraddie Mac got bailed out. They both went down about 97% and then delisted a year later.  If anybody is bailed out it means YOU got fucked with a dragon dildo strap-on mate.

Chevy is brand under GM. Tesla and SpaceX are entirely separate companies.

Agreed. Cybertruck loses are at least $6.5B. Robotaxi is going to bleed cash just like Cruise was a money pit for GM. Camera-only won't work well in any place with sleet, snow, freezing rain, heavy fog, sandstorms, flooding, etc. My car with FSD can't even navigate itself out of a multi-level parking garage. FSD will eventually be solved but it will take years and by then the Chinese will have competitive tech.

The issue here being that SpaceX is not the same entity as Tesla, they are separate entities. GM buying it’s own trucks is fine because it’s not GM taking profit it made and propping up another entity’s losses. SpaceX doing this is them taking dollars that should be earmarked for their investors and sending them to a separate public company. Now I mean who knows what the deal structure looked like, they could have been sold for pennies and it might have been a deal not detrimental to SpaceX, but that’s the line between self dealing and just buying your own stuff.

That's an interesting thought. Should we get mad at Chevy for using GMC trucks as fleet vehicles? Both are vehicle brands owned by the same entity - GM.

...reason being the H2 was half the specs and half the price of the original Hummer. GM turned the military humvee into an SUV.

GM cutie patootie 😳

I think I understand why they don’t want to sell EVs anymore. They feel the pressure from BYD, Mercedes, GM and those are catching up in both EV and AV tech. They wont be the only FSD show on the road soon. Instead of squeezing margins to compete, they will double down on higher margin things they can scale (Cybercab, Semi) and moonshots that can potentially change everything (Optimus). Tesla haters already constantly laugh about BYD kicking Tesla’s ass, it just doesn’t make sense to compete when they are getting subsidized by their government like crazy. I think this is actually a bullish move by Tesla, as sad as I am about losing the possibility of a “CyberSUV”.

I always found the "Tesla is/isn't a car company" argument strange back in the day bears argued that Tesla is a car company because they thought it should have the PE of Toyota, GM and Ford. Then Tesla cultists were like 'nuh uh, Tesla isn't \*just\* a car company," which is kinda true, but then bears were like "the majority of revenue is cars." Also true. but now the narrative continues long after everyone has dropped the " PE should be 10" argument. It's a meaningless statement to say Tesla is or isn't a "car company."

When you refer to the shift to "natural" sweeteners like "stevia" are you aware that most of these companies are producing high purity specialized steviol glycosides using GM yeasts and bacteria? Not that I think this industry shift is bad but the same people looking for "natural" products are the same as those who are misinformed about GM products and their safety.

GM ist mittlerweile 50 % im Plus(5 Y). Keine Ahnung, warum die Amis Tesla so abfeiern, wenn GM Tesla bei Performance und Execution um Meilen voraus ist. Wenn Tesla auch nur ansatzweise fair bewertet wäre, wäre die Aktie maximal ein Zehntel ihres aktuellen Kursniveaus wert.

GM snoo

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