Ugh. I used to work for a bike company years ago, and sat down with the buyers from one of the sporting goods stores. They told us what they wanted, we made them a custom “Black Friday” kids bike, and set the retail artificially high at $400, and then let them discount it by “OMFG, HALF OFF!!!” Was ridiculous. Selling…

I’m 46, and have had a car payment for exactly 4 years in my entire life (2004-2008). Bought a car new, and enjoyed driving it.

Here’s the thing, though. Sure, for the vast majority of people who walk into a dealership and want a car in their specific color, and their specific model that day, sure, it’ll make things a little cheaper.

Living in the midwest, I feel like our next vehicle is going to have to be a PHEV as the infrastructure just isn’t there, and we have to drive too far on occasion to make a straight-up EV work. Stuff is just too damn far away. 150+ miles just to Chicago just to get a direct flight to Boston. 360 miles to go skiing.…

Honestly I would have just loosened the screw, corrected the license-plate cover, then tightened the screw back down.  Then laughed as this jackass racked up a bunch of tickets before he realized it.

This was almost certainly a city employee/cop’s car, or one of their family/friends. There’s another Tweet from this summer that showed the car with a removable red flashing light inside.

Manufacturing overhead is not a part of CoGS.  

Fuck Qatar and fuck FIFA. The only reason this entire shitshow is taking place is due to a massive amount of bribes and corruption.

This is not correct, I don’t think. CoGS is literally just that, the cost of producing the actual good (materials and production/manufacturing). Depreciation of facilities, equipment and so on is all tracked separately, at least for reporting purposes.

When things are produced to be a “collectible”, they’re almost never actually a collectible. Things become collectibles because there was a limited number of them made originally, nobody really cared about saving them, and then only after years and years did the remaining ones actually start becoming more desirable. …

Yeah, that’s probably it.  CoR includes marketing (which is probably insanely high for a startup) and distribution (I’m assuming this also includes sales, which is probably another pretty big fixed cost), while CoGS is just a straight up bill of materials and manufacturing costs.  Lazy, lazy reporting by Reuters and…

I find it hard to believe that the COGS for Rivian’s electric vans are actually $200k.  COGS is the actual per-unit cost, without any additional amortization of the startup costs like machinery, workforce development, and so on.  The only way it would cost $200k is if they were still doing things like machining parts…

Major shareholders don’t want to piss off Musk/TSLA.  And since anyone can sue, this guy is spearheading a class-action status on behalf of all shareholders.  While I hope he wins, I somehow doubt it.

It doesn't cost money, it *makes* money! 

Base model, black, performance/cold weather package, all weather floor liner package.

I love the expensive, upscale e-bike used in the picture instead of the dirt-cheap POS that was actually sold by Walmart. Here’s the actual bike:

Maybe, but it can also show you how some stores are DRAMATICALLY overpricing certain items.  We did a spreadsheet years ago with the top ~30 items we bought on a regular basis.  Some of the stuff was within 10-20% between the nicer grocery store and the discount one, but a couple items were way off.  Like, $0.99 for a…

Ha, list is *definitely* bullshit. There are a grand total of 3 Trader Joe's in Wisconsin. There are at least 4 Woodmans, each the size of a Walmart (or bigger). I can't say where it places on the list, but it *has* to be higher than Trader Joe's... 

The driver gets out with a firearm.

It’s almost like there shouldn’t be as much free parking taking up space on crowded city streets?