Yep, especially with having two newborns and a 2 or 3 year old you are going to be carrying a lot of stuff. Strollers, diaper bag, snacks and whatever else. Not sure you could even get 2 strollers in the back of a mid-size 3 row SUV. 

I did, over 2/3 of all of them (100+ of 153 for sale) are $35k or less and are at the oldest 2 years (or 3 if you count ‘21 to ‘24 as three years) old. Current new price is $48k (down from $50k and $55k for single and dual motor), so they have lost almost 33% of value in 2 years. That does not bode well for 8 years…

BUT THEY ARE GOING TO HAVE ROBOTS!!!!

I mean, the real question is, “what is your definition of profit?” If you ignore R&D done on other models to build this new model than sure. I would bet even the Mach E and other EV’s are profitable on a gross profit basis. But the R&D to bring those to market is huge so overall their Ford Blue or whatever division is…

I haven’t, they just seem like basic transport for an elevated price to me. If I wanted a fun drivers car, these would be nowhere on my list. 

I have not, I guess if I wanted a drivers car I would go somewhere else. I just see them as basic transport.

He wasn’t paid $56bn in cash, it was mostly options. So, in reality, even a $1bn compensation package would have netted them maybe a few million in cash, maybe. Not $55bn.

As much as I do not like Elon. He was not paid $56bn, that was total value in the entire package, which is mostly stock options. So, the amount of money saved if they offered him a lower compensation package is probably not much.

We would have to see a massive collapse in global oil demand for that to happen. Right now, even with EV being “hot” global demand is still growing. Not sure when we really hit peak oil, but it will take a lot longer than people think to get off of it. 

Boring entry, but any handle that is a real handle. I don’t need added BS with pop out handles or no handles or anything like that. Just give me a handle I can yank on to open my door, put a button on it if you want, but that isn’t needed. 

You would probably have to do some dicey gray area legal stuff. I don’t think these cars have VIN’s so registering it would be hard. Sure, you COULD do it, just don’t know how easy or hard it would be.

Yea, I don’t think so either. Even when we had $120/bbl oil we maxed out around $5/gal (location depending). Obviously if refining capacity went off a cliff it could jack up prices, but I don’t see that happening anytime soon. 

It is the reason I am driving my 282k mile ‘07 Highlander Hybrid. It does what I need, whenever I need it. No need to have a car payment or spend a bunch of money on a want and not a need. I have been kind of trying to get my wife to get another car, but she loves her car so that is fine with me. We don’t have any car…

That is part of the reason I wrote the first part, because it really depends. When you have a high growth company you tend to over hire and as things change, you realize that. This could still be essentially nothing, but it shows that they have probably over hired and now their growth projections aren’t quite working…

Yea, that part is true on newer cars. There is a better chance of cars from the 90's to early 2010's being around longer than anything from 2015+ I would bet. 

Yep, exactly. Even SA has been making cuts to keep global oil prices in the $70/bbl range and they claim to have super low production cost. 

That is also possible, and you do have some countries with very low production costs. Still, $1/gal is most likely unsustainable for any real period of time for any producers. Even SA who claims to have production costs in the low $20/bbl range has been cutting production to keep prices higher. 

The number of times I comment something that is contrary to the OP’s comment and it goes straight to insults and middle-school level name calling is insane. People can’t seem to take other opinions, ingest them and then come up with a reasonable response.

Did you look at the cars in this article? They are 2-4 years old and have already lost 50% of thier value. Now add another 8-6 years, to be 10 years old, where do you think their value will be then?

Ehh, I don’t think that is really how it will go. Covid and since then has showed us that producers are trying to be price sensitive and “drill baby drill” is not a thing as it once was. Production will decrease to keep prices as steady as possible. $1/gal gas would mean no one in that supply chain makes any money…