GM making a mistake or not

[Chebbyfan 24]

Salesman friend of mine told me yesterday an email from GM came out saying GM only making crew cab trucks for 2021.  No extended cabs, or no regular cabs.  Any truth to this I wonder?  I think it would be a big mistake to do that, but I guess production is behind and the crew cabs are what is selling more than the rest.

Edited October 27, 2020 by Chebbyfan

[davester 727]

Given that GM's website lets you configure regular and extended cab trucks, as well as crew cab, I would say your salesman is just messing with you.

[Likarok 391]

Is it just me or is GM doing there level best to piss off all there loyal customers. I don't know about you but the logo change when I see it does not even make me think GM. I makes me think of a slogan for anything but cars and trucks.

 

Now I see on Tuesday they are introducing "Exhibit Zero". Speculation on the net is that they are introducing a bunch of electric vehicle's. And potentially even a electric Silverado. Some posts on other websites are strongly suggesting that if this is in fact what is happening it is going to be a problem for dealers in some parts of the country. Some dealers are saying they have a hard time selling 4 cylinder trucks, let alone electric.

 

Anyways not my cup of tea and if this is in fact what is happening I my be able to buy one more Silverado before I can't remember my name anymore !

 

What will GM do next, put Greta on the Board of Directors?  

[Grumpy Bear 3,715]

Looks like Dodge will be the last man standing. 

 

Fix It Again Tony!!

[flyingfool 420]

only conventional products left will be the 2500/3500/4500 vehicles  light duty products are going experimental. take care of the stuff you got , cause the future is not about freedom in mobility..

[OnTheReel 1,836]

New political leadership hostile to oil = stronger focus in EV sector. Tesla trading at new highs essentially every day, and their market cap is higher than the nine leading automakers combined. I don’t want an electric vehicle at the moment, but it does seem like GM is making sound business moves to follow the future money in tech and “clean” energy.

Don’t really care for the new logo but don’t care about it either. They don’t put it on the fenders anymore.

[Colossus 1,336]

58 minutes ago, OnTheReel said:

New political leadership hostile to oil = stronger focus in EV sector. Tesla trading at new highs essentially every day, and their market cap is higher than the nine leading automakers combined.
 

The higher they go, the quicker and harder they fall. 

Edited January 10 by Colossus

[flyingfool 420]

1 hour ago, OnTheReel said:

New political leadership hostile to oil = stronger focus in EV sector. Tesla trading at new highs essentially every day, and their market cap is higher than the nine leading automakers combined. I don’t want an electric vehicle at the moment, but it does seem like GM is making sound business moves to follow the future money in tech and “clean” energy.

Don’t really care for the new logo but don’t care about it either. They don’t put it on the fenders anymore.

is tesla stock trading higher because we're getting away from oil, or is it the value of our money is worthless with all the borrowing and thus making it look like a higher value?

because i can't see tesla having any tech out of reach of the big car makers, in fact tesla is far behind. i think thier price is climbing because they are getting ready to make a move, split stock up, etc?

Edited January 10 by flyingfool

[OnTheReel 1,836]

Some say Tesla is 5 years ahead of other manufacturers when you factor in their battery supply chain, supercharger network, full self driving, brand recognition in the EV sector, etc. 

 

All I know is, it’s way overvalued if you just look at the fundamentals. Most would never buy a stock with P/E ratio anywhere near as ridiculous as Tesla’s, but everyone is today. Could be a bunch of ignorant Robinhood traders putting their stimulus into anything, and they “heard Tesla is good”. Or it could be a lot of people betting on the future of EVs, and betting on Elon in general.
 

I could see a split at $1200, which it’ll hit in a week or two if it carries on at this rate. 

[flyingfool 420]

5 hours ago, OnTheReel said:

Some say Tesla is 5 years ahead of other manufacturers when you factor in their battery supply chain, supercharger network, full self driving, brand recognition in the EV sector, etc. 

 

All I know is, it’s way overvalued if you just look at the fundamentals. Most would never buy a stock with P/E ratio anywhere near as ridiculous as Tesla’s, but everyone is today. Could be a bunch of ignorant Robinhood traders putting their stimulus into anything, and they “heard Tesla is good”. Or it could be a lot of people betting on the future of EVs, and betting on Elon in general.
 

I could see a split at $1200, which it’ll hit in a week or two if it carries on at this rate. 

only competitive part of Tesla is Autonomy.

once Honda, toyota, GM and MBZ release an autonomous cargo or mini van , party is over. the big guys are letting Tesla do thier thing. but they will eat their lunch within 1-2 years of releasing a quality product.

 

its all about autonomy, this is what this whole lock down is all about, getting us use to not working.  gonna be a lot less employed people on the roads soon..delivery and pick up will be the biggest market IMO

[SILVER SLED 574]

A friend of mine works at U of M (Michigan).  They are working on a lot of things, including autonomous driving vehicles.  They have autonomous shuttles on campus in the summer and has been working great.   They have been working on that science for years, but there is one major snag that has yet to be overcome, and that is snow.  Apparently the current radar/sonar or whatever science can not distinguish between snow and an actual object yet.  

[Likarok 391]

Tesla can be as ahead of all others as they like. I will never buy electric, in fact after yesterdays gm electric announcement I may not buy gm again either. 

[Grumpy Bear 3,715]

47 minutes ago, Likarok said:

Tesla can be as ahead of all others as they like. I will never buy electric, in fact after yesterdays gm electric announcement I may not buy gm again either. 

It seems they believe one can pick up one end of a stick dipped in crap without picking up the other. 

 

 

[OnTheReel 1,836]

Well, it’s just inevitable at this point. And if GM didn’t start developing EVs, there wouldn’t be a GM to buy from in 10 years. FCA is going to be in a real bad way when fuel prices rise and public demand shifts.

[Likarok 391]

1 hour ago, OnTheReel said:

Well, it’s just inevitable at this point. And if GM didn’t start developing EVs, there wouldn’t be a GM to buy from in 10 years. FCA is going to be in a real bad way when fuel prices rise and public demand shifts.

Yes understandable. But to totally sell out to electric is unacceptable. When I go to a dealer and I can no longer buy a gas car/truck then I can officially say the world has gone to hell. Call me old school but that is how I feel. We have some Provinces up here in Canada that have already said that car makers have to 2035 to sell only electric. By then though I guess I won't give a ******. 

 

What I find so funny though is that the Agricultural industry will still be using diesel to feed the world, The mining Industry will be using diesel to mine all the ****** for electric batteries. Maybe I will have to drive a tractor. hahaha

 

And also scientists are saying that they are not sure how the world in going to dispose of the car batteries when electric cars are damaged or wear out. Plus currently we do not have the electric grid to charge all these electric vehicles. Not well thought out at this point anyways.