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Everything posted by brenthutch
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Define “won’t be long” We heard the same thing about the disappearance of Arctic sea ice
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So not only no EV, you don’t even have a car…that makes me sad
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It’s one thing to not understand what I said, it is entirely different to not even understand what you said “High interest rates are not caused by EVs.” You still haven’t answered my question. What EV do you drive? At least BillV puts his money where his mouth is (he mentioned that he picked up a second hand Tesla). Do you even own a car?
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Who said they did? Higher interest rates make the already expensive EVs even less affordable. What kind of EV do you drive Olof?
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https://www.foxbusiness.com/markets/ford-gm-mercedes-come-clean-on-ev-demand-weakness “Mercedes-Benz financial chief Harald Wilhelm noted during a call with analysts that some traditional players are selling EVs below the pricing level of internal combustion engine vehicles despite their higher production costs, saying, "I can hardly imagine the current status quo is fully sustainable for everybody.” “We are reducing our fixed costs by $2 billion net of depreciation and amortization as we exit 2024," Barra wrote in a letter to shareholders. "We are also moderating the acceleration of EV production in North America to protect our pricing, adjust to slower near-term growth in demand” Aug 7 (Reuters) - Electric-vehicle parts supplier Proterra (PTRA.O) filed for Chapter 11 bankruptcy protection on Monday, making it the latest company to go belly up in an industry grappling with supply chain constraints, slowing demand and a funding drought. So you see it’s not just Ford
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That growth is a function of government subsidies and the manufacture selling below the cost of production, (Ford lost $60,000+ on every EV sold) hardly a sustainable business model.
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As I have said many times before, EVs remain a niche market for lefty effetes, while normal folks stick with ICE vehicles. A reality the car industry is now coming to terms with. https://robertbryce.substack.com/p/ford-lost-62016-for-every-ev-it-sold “The punchline here is obvious: Ford and the other big automakers have been spending billions of dollars to cater to the whims of a tiny segment of the overall car market — a segment that’s heavily concentrated in a handful of liberal counties. That’s a lousy business strategy.” Mercedes-Benz reported disappointing earnings and revenues. Reuters quoted the German automaker’s CFO, Harald Wilhelm, who called the EV sector a “pretty brutal space." Reuter said some automakers are selling EVs at prices “below the level of internal combustion engine cars despite their higher production costs.” It also quoted Wilhelm as saying, "I can hardly imagine the current status quo is fully sustainable for everybody… Honda and General Motors “were ending a $5 billion plan to develop lower-cost EVs together just a year after announcing the effort…. Tesla missed revenue and profit targets for the third quarter. And if Musk is warning about demand, then the EV business must really be in trouble…. A few days before that, General Motors announced it would delay production of its planned Chevrolet Silverado and GMC Sierra electric pickup trucks at a plant in Michigan. And about two weeks ago, Ford said it was cutting one of the three shifts at the plant that builds its electric F-150 Lightning pickup truck. Last month, Ford said it was halting work on an EV battery plant in Marshall, Michigan, that could get billions of dollars in tax credits under the Inflation Reduction Act. Earlier this week, the chairman of Toyota, Akio Toyoda, couldn’t help but do a bit of a victory dance. Among the major automakers, Toyota has been the most skeptical about EVs and has instead focused much of its development efforts on hybrids. Toyoda said that automakers are "finally seeing reality" about EVs.”
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Not an insult, just an observation
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No truly I have no idea what you are talking about. I ignored you because it is bad form to punch down. (Not that I really have any alternative on this forum)
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I ignored it because what you were saying made absolutely no sense.
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Thankful for your illustrative and insightful contribution.
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Since they are unable to address the substance of the message, their only recourse is to attack the messenger. We even had one member discount another persons point based on their diet. It would be like me staying Paul McCarthy was a bad songwriter because he was a vegetarian. But if that is all they have…then that is all they have.
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“Insults are the arguments employed by those who are in the wrong” Rousseau
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You seem to think a few more weeks of funding would have prevented 7 million deaths. Not to mention the program purpose was to identify virus in the field, COVID was already identified, modified, in a lab in Wuhan and soon to be unleashed on the world. BTW phrase like “it is unclear”, “it’s complicated” and “probably” is lefty media speak for “the actual facts belie the gist of my article” (It is the LA Times after all)
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From your post “It is unclear whether another five-year grant would have dulled the impact of the current pandemic” Clearly the money spent was wasted as demonstrated by the program’s inability to perform its mission, resulting in 7 million dead.
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Weakness demonstrated in Afghanistan, and the failure of a Democrat administration to take action against Russia after its invasion of Crimea invited Russian adventurism. Arguably Trump could be blamed for Hamas, as the success of the Abraham Accords threatened to split Arab opposition to Israel. However the impending influx of billions into Iranian coffers didn’t help matters.
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World War Two occurred on Roosevelt’s and that killed many more. What is your point?
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That was Biden and it was a fist bump. The invasion of Ukraine and Israel and the Afghanistan debacle occurred on Biden’s watch.
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Small price to pay considering we won the Cold War. Not to mention, much of that was paid off during the Clinton administration as we reaped the benefit of the “peace dividend”
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49 out of 50 states can’t be wrong https://www.britannica.com/event/United-States-presidential-election-of-1984
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As we learned from Ronald Reagan, successful politics requires, not only good policies, but a bit of theater as well.
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I hope you are not talking about climate change. Let’s just take a look at how Trudeau’s climate policy is working out. https://climateactiontracker.org/countries/canada/ “Canada’s overall CAT rating remains unchanged at ‘Highly insufficient’. Canada needs stronger targets and faster policy implementation. To quote the commissioner: ‘we cannot afford a fourth decade of failure on climate action’.” Unless you count platitudes and slogans as climate action, there is little difference between the two.
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https://www.politico.com/news/2023/09/18/pierre-poilievre-trudeau-canada-00116084 Watch him destroy a lefty journalist while eating an apple. https://www.youtube.com/watch?v=CmbAPfKJMRU
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Ok I feel better already
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You are forgiven. I assumed the failure to capitalize was a petty dig, when in actuality you did not know any better.