Yep, agree. Honestly, it should be more valuable than all the other auto OEM’s combined PLUS Apple, Microsoft and Nivida.

Haha, maybe!

Not really a “scheme” since they have delivered and monetized/generated revenue from those deliveries. And I think most decent investors can get registration numbers if they really want.

That because with the Lucid you aren’t really driving it other than putting your foot down and keeping your hands straight. Sure, an auto car is similar in that sense too, but with an EV it just kind does it. You could run the same times with a brick and the wheel bolted down straight.

Yea, $75k with that brand mission statement is crazy to me.

Don’t worry, someone will try and say it is valued correctly due to something that makes no sense. Maybe it will be that lower margin business of reselling electric or robots or AI or who knows what. But the one thing you can be sure of, someone WILL try to substantiate it. 

While I agree with that, just pointing out that using 30 years isn’t a great RNIPOOMA (Random number I pulled out of my ass).

Tons of examples of wild Elephants destroying shit and killing other animals just for fun.

Better yet, owning a car in Philly, if he is at Drexel, Penn, Temple or LaSalle is just dumb (or one of the other lesser known but in the city schools). My wife had one (needed it for her job out on the main line) and it was way more a pain than it was worth unless you shelled out for a private parking lot. All my…

He left out a VERY important part of this, what college in Philly or is it not really in Philly and he is on the mainline? I went to school there and my school plus the other three well known city colleges, having a car is asinine at best. Get a bike Aiden!

Why not? By that theory, my shooting/killing an Elephant (or any other animal) that is threatening me is just a person being a person and protecting themselves like every other animal on earth does.

And Musth, that part about Elephants isn’t great either, especially if you are near one at the time.

I mean, of the 9, in 30 years it is likely that at least 5 of them will be dead. Even the youngest two would be 82 and 83 in 30 years. I don’t think Clarence is making it to 106. 

Wow, fantastic rundown and insight. I have a feeling you may be in finance as a profession! So they essentially misjudged how high rates would go and locked in long term T-bills at rates that are well under current CD rates. I guess they still have to offer CD’s to keep AUM, but seems like a bad business move to keep…

Yea, but people will continual buy whatever he sells. People are talking about their valuation based on selling electrons with an open charger network while ignoring that power companies have not great profit margins. 

Great financial insight. Is yield exposure from having people with longer terms than they have on their own money? Or from lower interest loans that they have locked into lower interest gaining vehicles? Or something else? I am not an expert in banks, but am OK at looking at and figuring out balance sheets, cash flow…

I think their wiki page does say, “one of the largest banks in the mid-west”. But definitely not in the world or even the US.

Haha, that is true. I am not a Wizard but, “more than 100%” was right there!

The CX-50 and Corolla Cross are built in the same plant and I would also bet that ALL of Mazda’s hybrid tech is based on Toyota tech since they first started using Prius tech on license back in like 2010.

Classic “look over here, not over there” con. Just like a pick pocket.