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Everything posted by G. David Felt
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That could give little kids a nightmare or extreme joy. This is an interesting read and explains allot of why the auto industry is going away from Apple Carplay and Android Auto. Will be interesting to see how this works out for them. Colin Barnden on LinkedIn: #carplay #android #auto #infotainment #smartphone #processor #snapdragon… | 64 comments What are all your thoughts on this? @Drew Dowdell @surreal1272 @Robert Hall @oldshurst442 @trinacriabob @smk4565
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Snohomish county is on a tax hike focus the last couple of years and I think it is really focused on dense living areas as all the cities here are focused on building retail/office space with apartments all around the lite rail stop points. King County is crazy, my neighbor who he is like me a computer engineer and his wife is a dentist was wanting to move further out but due to where his wife works in downtown Seattle, they bought a house in Issaquah, an old 4 level house built on the side of the hill in 1978 and in need of a massive remodel. He figured would not be hard to do, after 2 years of owning it, but not living in it as he worked through the process to remodel, his property tax bill went from 21K in 2020 to 37K in 2023 and the process to remodel by the city was so crazy and extensive as he supposedly lived in a special drainage area due to being on the side of a hill that they went and made the yard look nice, painted the inside and unloaded it at a loss to an Indian single guy that will probably bring his parents over. King County now has some of the highest property taxes in the nation right up there with New Jersey. It is crazy and folks are leaving King County cause of it.
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Condo's in Bothell and Woodinville are crazy priced now too. It really is a crazy market here in Washington. My daughter bought in South Everett a 2 bedroom 1,000 sq foot condo. I totally repainted and did everything inside, still have a few things to finish but this was at the end of 2021 and her condo does come with a 1 car garage. Bought it for $300,000 and now the county has her condo assessed for $376,000 in only two years. Crazy prices and looking online your right small condos are now around 400-450K in the Bothell / Woodinville area. Totally nuts.
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That is great, I know my house I am in I bought in 1999 and was $145K then, now the county has it valued at $770K Crazy price. Yes, the best thing is being able to paint, make changes, etc. to the new place and then move in, then prep with a solid cleaning and any updates you feel the old house needs to maximize selling price. Making it move in ready always gets top dollar. Good luck my friend.
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All of them have potential, all need a modern update. Like you, I like the property with the lake, but needs much work and I see all the rooms have electric baseboards which I am not a fan of. Either natural gas furnace or forced electric hot air furnace for the whole house, the baseboard heaters just scream dated. I like what you bought very much, though I did like the middle house with the huge brick fireplace and tv viewing area, that was nice. But you can always build things like that into any home as you remodel, update, etc. Best of luck Robert with the packing and move. Excited to hear more once your moved in.
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Happy Easter Everyone. Wish you all the best weekend.
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Wonder if the car and furnishing were available to buy? That would have been a great car to get.
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Back to RAM REV, @Drew Dowdell While the press release did not show the FRUNK, the video shows it opens and closes showing some sort of door on the back wall. The interior pictures also do not show anything clearly nor do they show the truck with the midgate down. QUESTION: Is RAM going to deliver on the FRUNK Door so you can have long items from the bed to the Frunk down the center? Have you heard anything on this? Also, was there any size give for what looks like a weird little screen in front of the front passenger seat?
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Tesla has NEVER delivered on their bottom priced autos. I will believe it when we see the Tesla stores have these entry level autos on their lots. Anyone can give a low price and @surreal1272 proved there was an MSRP $50K on the lot at a dealership. Here is the local inventory for here and I have one priced MSRP @47K, multiples at $50K and a few more that go up from there. I have yet to see any type of low prices of the increasing inventory at Tesla lots here. Realizing that the attached image might be hard for some to see, I have done multiple cuts from the same image to show you a better look.
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I posted in our company slack social-autos channel about Tesla and I was also attacked the same way by the Tesla Faithful that see nothing wrong with Musk or with the price cuts using the same idiot logic that SMK has attempted to use to justify ignoring the facts / truth. Been pointing out the same thing as you and I have here and have gotten the same ignore it with crickets sound or the traditional attack of fake media, lies not the truth only Musk tells the truth. I honestly just do not get how much a person can be a lemming in willing to blindly follow a brand/person and not use their head. Reminds me of something my grandfathers always said to me, common sense is not so common and just because you are book smart and educated does not mean you actually can apply critical thinking skills to the issues of the day. America has improved in having more college educated people, but we have also increased it would seem the lemming factor. I noticed that just here in Seattle we still hired last year for our internship program a little over 100 people, but we did not hire a single individual that had a bachelor degree or working on a bachelors degree. Everyone was working on their masters, doctorate or PHD. We have truly moved the bar as they say in what is expected to have a better life of comfort, income, etc. THE RAM will sell well I believe, much like how Ford and GM have sold out their first editions of these trucks. We have many people who have the income to afford the $100,000 truck, yet with that stated, one valid point that SMK does make is that for growth, the ability to deliver the bottom end price points is a requirement for any auto company. GM seems to be on track and I believe with the delivery of the Equinox, Blazer and base Silverado EV autos that we will see GM ramp up and by 2025 have a serious ability to surpass Tesla. I fully expect VW to surpass Tesla next year even with a recession this year. We will still have folks that need to replace autos and the global movement is to EVs IMHO. I can see folks like @Robert Hall Going the 4XE route or Hybrid of his next Jeep GC or Wagoneer what ever type he decides to do. I will say that with the RAM REV, I would tell everyone to only buy at least the 20 kWh Home chargers so you can maximize the speed of recharging overnight.
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Again taken out of context. Tesla Y also did not sell well in the first year and half as they worked the bugs out of manufacturing and quality issues. Ford has had to deal with their own battery issues even on the Mach-e, KNOWN issue on both Mach e and F150 lighting. Kia and Hyundai have both been very clear that they are moving production to the states to get full rebate credit and as such shifted EV shipments to China and Europe allowing existing inventory to be sold here as they bring online production here. THIS IS NOT Tesla beating them, but normal basic ramp up of production for all new products. As I have posted, Tesla is falling off on sales, very clear to everyone and quality is still a big issue for them. Global Economy is falling off so people are holding off on buying. Everyone is down including Tesla which is a -1% sales shrink for Q1 2023.
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I am really into Gorillaz this week. Just moving me along on these tradeshow deadlines of mine.
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You still do not get it, pound the USA flag all you want as a German Auto driving hypocrite. Tesla is in big trouble and the market sees this, piling up recalls due to poor quality and poor sales with 5 price cuts so far in 2023, analyst see more coming as Tesla tries to deliver on 50% growth that they never hit last year and is showing to have negative growth this year. Tesla Has a New Problem -- and It's Much Bigger Than It Appears (msn.com) Tesla shares drop after deliveries report raises concern of price cuts (cnbc.com) I have to shake my head at all the people that Chant USA USA USA and yet drive NON-USA Auto's, the second largest purchase outside of your home and yet you send your hard earned money to a foreign company. You can say you support American jobs all you want, but the profit still leaves this country for another. Pricing means nothing to early adopters that are willing to pay top dollar to have the latest new thing. Prices come down as economy of scale grows in production. Right now, we have no real facts to back up prices on any of the EVs that are coming to market and with a global down turn, prices are going to go down.
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@Robert Hall Sorry for your loss, never easy losing a loved one. Glad you have the other dogs to help you and your sister move on. Very excited for you on the new house, I can totally understand as with my knee issue and my back/hip/foot issue that after 15 times on the mountain skiing, I had to stop due to all happening at once, stairs are a bitch. Wish ramblers were far more common here. Look forward to pictures, if you have the real estate link, please post so we can check out the new digs. How does the new garage compare to your current one? I know the current one was tight on space. Wishing you all the best Robert.
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Not at all, everyone is scrambling to secure all the resources they need and, in the meantime, as they startup, costs are higher. For some they will have higher prices and for others lower prices. What price cutting is telling is that Tesla as I have proved above already has a selling problem. They can produce more all they want, but customers are not buying like they used too and this is going to hurt Tesla just as it hurts any company when they continue to cut prices to move product. People take a wait and see attitude and I suspect Q2 is going to be ugly for Tesla as they have moved into the Legacy model of building more than they can sell rather than the JIT or Just in Time system that GM and Ford has moved to which is what Toyota also does. As such, building and storing product to adjust your story of positive growth when it is really negative hurts in the long run. We are at the start of the EV change over that you know is correct and no one even you can predict how it will turn out. People like you stated in the 70's that Japan was junk and the US auto industry does not need to build quality fuel efficient small auto's and yet now we know how that turned out. Saying it is predictable on such a small thing as price cuts is not going to bod well for Tesla with a polarizing CEO that is turning people off their products. Posting again to prove this point: Drivers Ditch Tesla: I Don't Want It to Be 'the New MAGA Hat' (businessinsider.com) Elon Musk's politics are dividing consumers | CNN Business Tesla Drivers Are Getting Fed Up With Elon Musk's Twitter Meltdowns - CNET Elon Musk’s Twitter Takeover Could Be Driving Away Tesla Buyers | Vanity Fair Then we have the latest of disrespecting your privacy from Tesla that is a valid concern. Tesla Employees Shared Invasive Videos From Customers' Cars: Report (msn.com) End result is NOTHING is Predictable as I expect Q2 for Tesla to be stagnant if not down.
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NO THIS IS FUD AGAIN, you are taking the Profit for the whole company that includes cars, services, loans, etc. and saying that makes it $$$$$ per car of profit and that is NOT how accounting works. EBIT is an acronym for earnings before interest and taxes, and it is used to measure a company's management of profitability. Just as its name implies, it is the amount of profit before interest expenses and tax payments are deducted. This is the whole company of all divisions. You have to actually look at the car sales without the financing department of auto loans or service sector that includes parts, repairs, etc. or all the other little bits. We could do this with GM and give them a HUGE per Auto profit. Or better yet, I could go the other way in pointing out that the profit Tesla is making on their EVs is propped up by HUGE Regulatory Credits that were sold to other auto companies like the Dodge Division for the polluting Charger/Challenger. In 2022, 1.8 billion of pure profit was booked by selling Regulatory Credits to Stellantis. Tesla Regulatory Credits Revenue Boosts Profits And Margins | Fundamental Data And Statistics For Stocks (stockdividendscreener.com) Accounting can manipulate any numbers to look good, that does not mean a company is growing or healthy. Tesla as I already posted produced many unsold EVs to play this 4% growth game when in reality they are looking at a -1% for Q1 2023.
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Post your source on this please. You have posted so much FUD that none of this is believable without a source posted. Example the only thing I can currently find on profit margins for EVs is as follows and Mercedes DOES NOT have a listing. Charted: Tesla's Unrivaled Profit Margins (visualcapitalist.com)
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Are you sure on that cause you have used this better margin statement many times saying Porsche has the best margins and now your saying Mercedes has the best margins. So who is it? Mercedes, Porsche, Tesla, which is it?
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Facepalm to the story about Tesla and the sharing of recording, just another reason to never buy a Tesla. I honestly do not think that your private life is there for Tesla to abuse. Seems to be much like Facebook that has allowed a 3rd party to purchase the rights to photos and build the worlds largest database for digital police lineup. Facebook policy that they own any and all photos you post is wrong. Clearview AI scraped 30 billion images from Facebook and gave them to cops: it puts everyone into a 'perpetual police line-up' (businessinsider.nl)
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So you talk about a year ago rather than current performance? 2023 U.S. Auto Manufacturer Sales Figures | GCBC (goodcarbadcar.net) Tesla is not on here as to the way they release their data, but we now know that Tesla Q1 2023 is 422,875 puts them right under GM, but oh wait that number is globally, not just US only. Where GM's number above is U.S. only. I have no time to dig through it all but others have already. Tesla To Top VW Group, BMW, And Mercedes In US Sales In Q1 2023: Cox (insideevs.com) Tesla sold 180,000 EVs in the U.S. according to inside EVs which puts Tesla behind Nissan Motors for auto sales in 8th place as a U.S. auto company.
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As has been stated before, Tesla is slowing down and their dominance while still strong is falling. Lets look at the sales and see where Tesla stands. How Many Teslas Have Been Sold? | Model S, 3, X, Y Sales By Year | Licarco Best increase in sales was 2020 to 2021, an increase of 436,575 Tesla shrunk from 2021 to 2022 with an increase of only 377,629 If we take the Q1 number, 422,875 X 4 = 1,691,500 an increase of only 377,649 staying par with the year before and we are moving into a global recession where big ticket items fall off for people as more move into default on auto loans and home loans. Every where one looks in the financial sector you find the same story, Why Tesla’s Market Share Is Set To Plunge In 2023 (forbes.com) We can then look at the financial side which has been reviewed by many that says the Talk of Musk is not backed up by the actual numbers. Tesla has moved to an interesting Short view to back up a positive spin on falling business. The latest numbers are a 4% rise over Q4 of 2022, but Tesla ignores the rest of 2022 and overall year data. Tesla sales again fall short of production | CNN Business The raw numbers show that Tesla produced 78,000 more auto's than they could ship to customers which made up 5% of their auto's they built or shows they had a -1% not a 4% positive. Q1 2023 is 18,000 EVs less than they produced both in Q4 and Q3 of 2022. Musk refused to answer questions about production versus demand but to quote analysts. “If it wasn’t clear before, it now is, Tesla has a demand problem,” Gordon Johnson, an analyst who is one of the biggest Tesla critics, said in a note Monday. “For four straight quarters, Tesla has produced more cars than they have sold, despite the fact that two of its plants are operating at 20% to 40% utilization, and it shut-down its largest plant, unexpectedly, three times in the first quarter,” said Johnson said, who said he believes Musk has a “pathological problem with the truth.” “In short, no matter what Elon Musk says, Tesla has a serious/major demand problem,” said Johnson. First quarter production was up only 0.2% from the final three months of 2022, despite it efforts to ramp up production in Germany and Texas. Production and sales were up much more when compared to the first quarter of 2022, with production up 44% and deliveries up 36%. But even that suggests that Tesla is below the 50% annual growth target it has set for the company long term. This shows that even if Tesla can hit 1.6 million EVs produced globally this year, they are in stagnation.
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As @surreal1272 stated, if your going to post facts include context as your fact posting is not true in the context you have stated of sales. They have plenty of Hummer Sales and they stopped to address a failure in the sealing of the battery pack. Mach-E sales you have posted is a Lie also as you have not looked at the whole picture as Ford has already stated they are projecting 60,000 Mach e sales in North America and even more globally. Ford Expanding Sales of Mustang Mach-E to 37 Countries in 2023 - DBusiness Magazine Ford just built their 150,000th Mach-e at the Mexico plant and has already announced that they are expanding production to 600,000 by the end of 2023. This is where your info is wrong as Tesla just cannot speed up a production line. There is equipment to buy, expansion at said plants, etc. Since Tesla choose to Ignore the Auto Industry on how they build as an example trucks ever 37 seconds, Tesla is doing it their own way and wasting years as it take them massive change over every time they ramp up production. Tesla has even stated that the numbers they are building now in Texas has taken months for them to figure out and move things around to improve the assembly flow of building Tesla Y and now to add the Cyber Truck by the end of the year. Story Quote: The automaker plans to boost annual production from a projected rate of 600,000 Mach-E’s annually by late 2023, and more than 2 million annually by 2026. Tesla has never been able to ramp this fast unlike Ford or GM. BACK TO THE RAM REV. While I am excited that they have their standard 168-kilowatt-hour (kWh) battery pack and an optional 229-kWh large battery pack I have to wonder how heavy the truck will be with the optional 229 kWh battery pack. If GMC Hummer Truck is 10,000 lbs and it has a 200 kWh battery pack, I wonder if the REV will end up pushing 11,000 lbs?
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Seems media is now comparing the new generation Prius Prime to what they believed was the best version of this kind of car, the Chevrolet VOLT. Volt had 53 miles of EV range compared to the new Prius Prime with 44 miles of EV range. Review: 2023 Toyota Prius Prime plug-in reboots Volt formula (greencarreports.com)