No and that's a small amount. Just about every American that has a retirement account that holds stocks took a hit from GM going BK. GM will never pay back what has been lost.
Get over it, the UAW won in the end.
Elon is hoping by the time the M3 rolls off the production line he will have found the saving that will allow a profit. I serious doubt he can prove anything right now. Most likely many "should be" 's have been talking into the numbers. Battery cast "should be" cheaper. We have the hang of manufacturing now and "should be" able to cut costs.
The Volt is ugly from a company that is hip as a hippie. That's problem one.
Have to say the last Volt I saw was actually decent looking, must have updated the model.
Green house gases as far as EV's are concerned. Does using an EV actually save on green house releases. That has not been answered.
The world has been warming for thousands of years, you do know that don't you?
I'm one of those people who are paying for that stuff. Three coal plants were shut down a nuclear plant is being built. My bill has doubled in 10 years. I'm getting hit by a surcharge to build a solar plant, it doesn't make money so the customers have to pay for it to be built. All that is government mandated, not the will of the company.
In green circles they want to push the price of electricity up to at least 35 cents a Kwh so Alt energy has a chance to compete. That will crush the poor but who cares it's about saving the planet. Same with EV's, cost doesn't matter everyone needs to pay up to clean up the world but on the other hand the same people are driving up Electricity which makes EV's even a worse choice for a vehicle.
Of course the government will get their tax cut on all this.
Only problem will be the election coming up. Problems may start at the Republican convention. The stock market doesn't like craziness.
Hope the Fed raises the interest rate by 10 basis points and have inflation fix the problem?
Oh wait a minute that's the US government. Sorry never mind.
Yes that's true. Disney world going to put in 20,000 electric plugs in their parking lot? I don't even know how many spaces they have could be 50,000?
The area a car takes up in a park lot is not big enough for enough solar panels to charge the car. You get a little bit of a charge but not worth the expensive and who exactly is going to pay for the solar panels?
Scissor doors inc. That who makes the col door hinges for the high end vehicle guy.
In fact if you bought a MX give those guys a look to fix your half aborted SUV.
How much gas house gases does the military put out? Question to think about. They won't be driving EV's any time soon. Ships won't be EV's etc. etc.
Right now the green house gas thing isn't provable. A piece to a puzzle that may never be solved.
I've said this before I give Elon credit, he has kept this going longer then I thought he ever would. He has a model line, a factory and sales. I'm not against him turning the corner into a real auto company but the numbers aren't there and the stock is way overvalued. Anyone who goes long in this stock really need to look at the money intensive auto industry and really think about the numbers. It's a very hard industry that is capital intensive. The crowd is also very fickle. Tesla may lead the revolution and then have it's head cut of by Gm or any other of the big makers. It's not a nice industry or a new one. Henry Ford comes back to life and if he saw a profit in EV's well he would kill off Tesla in a year or two. Just saying the old guys were ruthless characters.
Ya baby I never thought of that, great way to raise capital for the buses to pay for the M3s. One off Tesla's products will make a profit some day?
Buses it is. 2025 is the new timeline for profits. Brilliant.