Ugh.

And I thought changing the oil on my ‘06 fusion was a pain in the ass.

It generally is illegal already. Just not prosecuted.

But as I pointed out, if they hit the gross margins they claim they can reach on the model 3, they are still horribly unprofitable.

High gross margins are nice, but if your operating expenses drive your net margins as negative as they are at Tesla, gross margins are still largely meaningless. 

Net loss attributable to common stockholders:

2017Q2: $336.397 million
2018Q1: $709.551 million
2018Q2: $717.539 million

Whether measured against first quarter or the year prior, losses widened. I was comparing to 1Q2018.

Also, Capex doesn’t hit profits the quarter it is spent. It’s written off over many years.  It does…

It’s hard to see why Wall Street is reacting so positively to this report.

Their losses widened slightly, and cash burn was still horrific.

They’ve been promising profitability in Q3, but that is very difficult to see happening. If you see the Q1-Q2 growth in revenues as all from the Model 3, and assume a similar growth…

I’ve never been in an accident and I’ve never caused one.  Your statements simply show that you have a reckless streak and are arrogant about it.

When you cut off a person trying to weave your way through traffic, causing them to slam on their brakes and get rear ended. It’s as simple as that. Or causing them to take evasive action to keep you from broadsiding them.

I don’t believe you drive safely at all based on your comments...

You only get to that cost gap by comparing a large CUV to a compact or subcompact car, though.  And even then you’re needing gas prices well north of $4 per gallon, closer to $6.

Not at all - because your lawyer would know he was going to be paid by the union and would take the case without you paying upfront.

What you’re missing there is that 10 years ago, people were dumping SUVs that got 14 mpg to get cars that got 30 mpg. Now you have people buying CUVs that get 28 mpg and they’re going to dump them for cars that get 33 mpg?

Back in 2008, that switch could mean $2000 in fuel savings in a year. Today that switch means…

Good point.

Interestingly, I’ve had coworkers make the same argument against the city installing more roundabouts near my office.  They hear accidents and injuries are down and want to compare.  The stupidity in that particular case, though, is that the city is showing accidents in intersections they’ve changed over…

They tried them near my office.

They were horribly inaccurate. Unless you believe that they actually clocked a bicyclist doing 76 mph in a 20 mph zone. That’s right - a bicyclist. Guy should be in the Olympics.

The biggest problem with their inaccuracies, though, were that if you felt they were wrong, you had to pay the…

Who says I’m pro-CUV?

I hate the things.

I’m just pro-logic.

There’s no doubt in my mind that people don’t understand math. But they can understand that a crossover getting 28 mpg isn’t actually much worse than a car getting 31 mpg.

You and me both.

I’m pissed at Ford for dumping cars. And I think it comes with risk. But the crossovers they’re dumping them for are not fuel hogs like people want to believe.

And most of those sales continue even during a downturn. They aren’t pushing out sedans for more F-series trucks, but for more crossovers. The people who buy F-series trucks that would be scared off by high fuel prices are more likely to stick with them if they have efficient crossovers and SUVs, not sedans.

The risk…

At these differences in costs, you’re talking filling up every 14 days or so instead of every 10-12 days. It isn’t that many more fillups.

But we aren’t talking about $2,000 difference in costs per year.  We’re talking $667 difference between a Ford Edge and a Honda Civic at $4 per gallon.  The mpg of these crossovers is better than most of the cars people fled to when gas prices hit $4 per gallon in 2008.  If you stick with comparably sized vehicles…

You’re showing a hell of a lot of arrogance there - “Sure, it doesn’t work out for some people, but for a skilled driver like myself its great”. Sounds like a real menace on the road. Perhaps you’re causing accidents behind you and that’s why you think you’re beating the rush?

Got someone like that on my dashcam this…

4th:

Can we give it a rest on the chicken little bit about fuel price increases biting them in the future?

At $6 per gallon, 12,000 miles per year, here are the fuel costs for some select vehicles, using combined mpg:

2018 Ford Escape 1.5L : $2,769
2018 Ford Edge 2.0L : $3,000
2018 Ford Fusion 1.5: : $2,667
2006 Ford…