GM
General Motors Company
stock NYSE

2021-2024 was when the internal and federal investigation was launched in to someone stealing large amounts of expensive shoes: limited releases, prototypes, and unreleased designs. besides Ann Herbert nike VP and GM of north america letting her son steal and buy shoes (yeezys with his mom's corporate CC) and resell them under the moniker West Side Streetwear. 11 others were arrested for abetting, grand larceny; by using fake UPS tags attached to a shipment (the logistics floor manager was in on it). from what i remember, the reseller Coolkicks was taken down with as the owner was colluding with said floor manager

Tesla is not? GM is not?

Not to mention Ford and GM had the same subsidies Tesla did and didn’t make much out of it because their main priorities are selling gas F150s and Silverados which to your point are what Americans really want.

https://eletric-vehicles.com/tesla/tesla-leads-euro-ncap-safety-rankings-in-two-vehicle-segments/
It’s genuinely a safe car. Ironically these people would say go buy car from Ford or a GM who made death traps for decades and now prioritize hulking pick up trucks as their safety benchmark.

What r u investing in GM?
This is r-tarded.

You know the saddest part of this?
The fucking government will step in (on our behalf, of course) and bail them out because everything in this country has turned into a *”legacy company” and can’t fail in the eyes of this administration.*
*Same shit as BYD not being sold here. Don’t wanna put GM or Ford in a position to where they have to innovate and build an affordable EV.*

2021-2024 was when the internal and federal investigation was launched in to someone stealing large amounts of expensive shoes: limited releases, prototypes, and unreleased designs. besides Ann Herbert nike VP and GM of north america letting her son steal and buy shoes (yeezys with his mom's corporate CC) and resell them under the moniker West Side Streetwear. 11 others were arrested for abetting, grand larceny; by using fake UPS tags attached to a shipment (the logistics floor manager was in on it). from what i remember, the reseller Coolkicks was taken down with as the owner was colluding with said floor manager

Tesla is not? GM is not?

Not to mention Ford and GM had the same subsidies Tesla did and didn’t make much out of it because their main priorities are selling gas F150s and Silverados which to your point are what Americans really want.

https://eletric-vehicles.com/tesla/tesla-leads-euro-ncap-safety-rankings-in-two-vehicle-segments/
It’s genuinely a safe car. Ironically these people would say go buy car from Ford or a GM who made death traps for decades and now prioritize hulking pick up trucks as their safety benchmark.

What r u investing in GM?
This is r-tarded.

You know the saddest part of this?
The fucking government will step in (on our behalf, of course) and bail them out because everything in this country has turned into a *”legacy company” and can’t fail in the eyes of this administration.*
*Same shit as BYD not being sold here. Don’t wanna put GM or Ford in a position to where they have to innovate and build an affordable EV.*

I did that with GM and lost it all

The whole GM thing gave me the impression he’s just genuinely stupid. That’s why he’s depressed now. His two brain cells are frantically rubbing together but can’t make sense of the outcome.
I personally wouldnt dilute narcissism to this dork but i would equally avoid as the wake of stupidity can end up just as traumatic to deal with.

LAC. US based Lithium mine starting up in late 27 early 28. Good growth for the next 10 years on it. The mine is backed by DOE and GM.

>he seems like a nice, genuine person
Yes, that's entirely possible. And i'm not diagnosing him as a narcissist because that's outside of my area of expertise, but i do know that narcissists are often charming, nice, disarming people but at their core they cannot introspect without a great deal of effort and they have a tendency to externalize all flaws.
His "I know how to do this better than those who have been doing it for years" and grandiose, "I should be a GM" approaches are something a narcissist would think and vocalize.
The problem with narcissists is that you cannot fix them. They have to recognize it in themselves and accept their own (very human, very normal) flaws. Until then, the best thing you can do is avoid building a relationship with them.

Oh, ok. Just a couple of questions come to mind. In your example of someone wanting to sell AAPL at 300 and there wasn't already an order to buy sitting at 300, then you say a market maker will step in and buy it from you at 300. But my understanding is that market makers earn their profits from the bid/ask spread (ie, they are willing to sell a little above the last trade and willing to buy a little below the last trade and thus earn the spread) So if a market maker hit your offer at 300, wouldn't that go against his profit incentive? Wouldn't he be better off bidding 299 and wait for you to come to him? The other question is about hedge funds. You imply that hedge funds are not speculators. My understanding is that many decades ago when hedge funds first started they were called hedge funds because they would buy one stock and sell another related stock (maybe buy Ford, sell GM) in an attempt to profit from the change in relative prices. However, these days hedge funds have largely abandoned that model (but the name still sticks) and instead they make large directional bets, which ofc would make them speculators. Am I wrong about that?

Mercedes, Volkswagen, Hyundai, GM, Rivian, and Toyota are already bothering with it. Mercedes and VW launch this year.
Thing is, auto manufacturing is a very unprofitable industry. Most go bankrupt and Waymo/Tesla are particularly vulnerable. All trillion dollar companies have large graveyards of failed ventures. Google may have the most.
Waymo doesn’t need to risk manufacturing cars. Their cars are basically $120k corollas. All they need to do to be successful is sell their AV tech to companies who can efficiently manufacture cars. That’s where I see their real growth: selling it to companies like Ford and Honda who can already efficiently build cars people want but are behind developing AV tech.
Similarly, Waymo runs the risk of struggling building the worldwide network to compete with Uber. It’s harder than it looks. Ask Amazon. They’ve tried several times.
I always compare Uber to Netflix when they first started offering streaming. From 2010-2020 everyone had the exact same bear arguments that Disney/Paramount/HBO will launch their own streaming service, eat their content and subscribers. While that did happen, it also expanded the TAM for streaming, leading Netflix to one of the best decades of all time.
Using JP Morgan’s projections that the ride hailing industry will hit $2-$4T by 2040 (essentially eating 30% of new car sales). With a TAM of $2T, even if we assume Uber’s market share falls similarly to Netflix, from 75% to around 40%, that’s still $800B in annual revenue. Assume they only keep their currently depressed sales multiple of 3x, that’s a $2.4T MC. Assume extreme 30% dilution, that’s still $904 a share.
That’s without getting into UberEats, which is their fastest growing and most profitable segment, and will take majority market share with their acquisition of Delivery Hero. Nor is it getting into UberFreight or their advertising segment.
It is, in my opinion, the best position to build right now.

Oh I see, the automakers. Ford didn't get bail out by USA, so I don't think Canada did too. Ford was more resistant than GM and Chrysler 

They can be bailed out, but existing shareholders would be wiped out. Look at GM during the 08 crisis. Those two aren’t mutually exclusive.