Homepage Garage Wiki Register Members List Social Groups Calendar Search Today's Posts Mark Forums Read
#Camaro6
Go Back   CAMARO6 > Members Area > General Automotive + Other Cars Discussion


AWE Tuning


Post Reply
 
Thread Tools
Old 01-13-2021, 11:26 AM   #99
Hops
 
Hops's Avatar
 
Drives: 2019 1ss 1le, blue wrap
Join Date: Aug 2017
Location: Maryland
Posts: 419
Quote:
Originally Posted by Number 3 View Post
Tesla is only profitable from selling credits to Stellantis. They still lose money as a manufacturer. Still at a loss as to how the stock price responds to that business model.

In December Tesla's market capitalization is higher than the 9 largest automakers. It really doesn't make sense to me, especially now that I read they are losing marketshare in europe with competition from VW.
Hops is offline   Reply With Quote
Old 01-13-2021, 11:37 AM   #100
cellsafemode


 
cellsafemode's Avatar
 
Drives: 2016 Camaro 1LT
Join Date: Jan 2016
Location: California
Posts: 3,314
Quote:
Originally Posted by Hops View Post
In December Tesla's market capitalization is higher than the 9 largest automakers. It really doesn't make sense to me, especially now that I read they are losing marketshare in europe with competition from VW.
stocks are about the future as much as they are about the current.

Tesla owns many patents around technology that doesn't necessarily have to be used in tesla manufactured vehicles.

They also have a lot of R&D going into future battery tech that could be utilized by other if not all other manufacturers.

Then there is their self driving R&D which could be licensed by others.

In some sense, tesla manufactured vehicles could be seen as platforms for all of their patents rather than something intended to become a long term major vehicle manufacturer (though there is no reason to think they'll stop).

It's not hard to see why their stock price is not reflecting their current profitability when considering the above. in the end though, you can't ignore the investor factor since there's no rule that says they have to invest logically - but the big investors are looking at their company financials a lot closer than any armchair guy is and apparently they like what they see.
cellsafemode is offline   Reply With Quote
Old 01-13-2021, 03:03 PM   #101
Malbjey
 
Drives: 2019 Camaro RS
Join Date: Oct 2019
Location: Pittsburgh PA
Posts: 75
You'd be stupid not to buy some Tesla stock and take some short term profits. Yes, you can debate if you're going to buy and hold it for years.


If anything, buy stock in companies that will be providing electric charging stations. Then your stocks won't be directly tied to Tesla.
Malbjey is offline   Reply With Quote
Old 01-13-2021, 03:23 PM   #102
Hops
 
Hops's Avatar
 
Drives: 2019 1ss 1le, blue wrap
Join Date: Aug 2017
Location: Maryland
Posts: 419
Quote:
Originally Posted by Malbjey View Post
You'd be stupid not to buy some Tesla stock and take some short term profits. Yes, you can debate if you're going to buy and hold it for years.


If anything, buy stock in companies that will be providing electric charging stations. Then your stocks won't be directly tied to Tesla.

Now, whether we like it or not, a lot of us are now owners of tesla stock through SP500 index funds.
Hops is offline   Reply With Quote
Old 01-13-2021, 06:05 PM   #103
ModernCamaroZ28Fan
LT1_Radenso
 
ModernCamaroZ28Fan's Avatar
 
Drives: a 2 spd water bottle
Join Date: Sep 2017
Location: In your trunk
Posts: 249
I think it all comes down to diversifying things. Right now, it seems like GM only cares about following the electric trend and being tech-savvy. I think varying opinions, and perspectives on a great car (especially performance car) is the way to go, and it keeps it from being so political. GM right now seems to only understand what the world needs, not what it wants.
__________________

ModernCamaroZ28Fan is offline   Reply With Quote
Old 01-14-2021, 08:26 AM   #104
Number 3
Hail to the King baby!
 
Number 3's Avatar
 
Drives: '19 XT4 2.0T & '17 Buick LaCrose
Join Date: Dec 2008
Location: Illinois
Posts: 11,341
Quote:
Originally Posted by ModernCamaroZ28Fan View Post
I think it all comes down to diversifying things. Right now, it seems like GM only cares about following the electric trend and being tech-savvy. I think varying opinions, and perspectives on a great car (especially performance car) is the way to go, and it keeps it from being so political. GM right now seems to only understand what the world needs, not what it wants.
Unfortunately, what the world wants is fewer cars made by GM. Only FST and SUVs are popular right now.

GM is banking on making the industry's best EV will get them relevant again.

Last numbers I saw, 10 years ago now, GM market share on the West and East coasts was well under 10%. And that was FST trucks and SUVs.
__________________
"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley Link to Every Camaro photo I've taken in Hi-Resolution
Number 3 is offline   Reply With Quote
Old 01-14-2021, 08:56 AM   #105
Petrol Head

 
Drives: Fast if no one's looking
Join Date: Aug 2019
Location: Cleveland, Ohio
Posts: 1,504
Quote:
Originally Posted by Number 3 View Post
Unfortunately, what the world wants is fewer cars made by GM. Only FST and SUVs are popular right now.

GM is banking on making the industry's best EV will get them relevant again.

Last numbers I saw, 10 years ago now, GM market share on the West and East coasts was well under 10%. And that was FST trucks and SUVs.

Do people not want GM cars because GM doesnít build what people want? Or does GM simply do a horrible job of promoting what they do make?

For one thing Buick in America seems like itís been dead weight for 20 years. I know they sell like gangbusters in China but thereís a portion of people in America who Iím pretty sure donít even know Buick still exists or ever did to begin with.
__________________
2019 2SS 6 speed
Shadow Gray Metallic/Light Gray interior; Mag Ride; Moonroof; Dual Mode Exhaust; Straight spoke wheels
Mods so far: illuminated footwell lighting, Homelink, Gen5 DIY radar detector direct wire harness, painted calipers red, installed CAGS override harness
Petrol Head is offline   Reply With Quote
Old 01-14-2021, 09:35 PM   #106
arpad_m


 
arpad_m's Avatar
 
Drives: 2018 Camaro 2SS
Join Date: Jul 2017
Location: NJ
Posts: 4,452
Quote:
Originally Posted by Number 3 View Post
Unfortunately, what the world wants is fewer cars made by GM. Only FST and SUVs are popular right now.
How about a rather orthodox suggestion to solve this problem: make better vehicles. Be better than the competition. The 2021 Escalade is a good start.

Quote:
Originally Posted by Number 3 View Post
GM is banking on making the industry's best EV will get them relevant again.
Not sure why the same people who are turning to Toyota and others today for reliability and features would all of a sudden wipe the slate clean and trust GM to make a top notch product simply because the company quickly switched its focus to EVs and replaced the corporate logo. There needs to be some continuity, these hail mary's typically don't work. Again, the Escalade is a good start, and so is the C8.

Apart from the low volume, unicorn 6th gen Camaro or Corvette, although cheapskating is tangible there as well (A8 issues anyone? hot start issue? nav map updates at $100-150 every year? even something as petty as no dimming with the passenger side mirror? come on...), we can pair up nearly every Chevy model and trim with equivalent offerings from Ford, Honda, Toyota, now even Kia, and it tends to come up short. Good dealerships can be a saving grace, but GM doesn't own the distribution channel.

Even though GM's market share is still significant, the downward trend is unmistakable, and it isn't because people are sitting at home, unwilling to buy cars/trucks because they want the "industry's best EV".

My opinion is make better products, sell at reasonable prices, don't pull any crap on existing customers and they will come, whether the company sells electric, gasoline or diesel.

This is all just my 2 cents', of course.
__________________
2018 Camaro 2SS
G7E A8 NPP MRC NAV
Magnuson Heartbeat TVS2300 | Roto-Fab CAI | JMS PowerMAX voltage booster
Soler LT5 95mm TB | 1LE replica wheels | BMR rear cradle lockout | Jannetty Racing custom tune
1100 - 1/30/18 | 2000 - 1/31/18
3000 - 2/06/18 TPW 2/26/18
3400 - 2/19/18 | 3800 - 2/26/18
4300 - 2/27/18 | 4B00 - 3/01/18
4200 - 3/05/18 | 4800 - 3/14/18
5000 - 3/16/18 | 6000 - 3/19/18
arpad_m is offline   Reply With Quote
Old 01-15-2021, 11:32 AM   #107
shaffe


 
Drives: 2018 Mazda6
Join Date: Jun 2012
Location: Carol Stream
Posts: 5,730
Quote:
Originally Posted by Petrol Head View Post
Do people not want GM cars because GM doesnít build what people want? Or does GM simply do a horrible job of promoting what they do make?

For one thing Buick in America seems like itís been dead weight for 20 years. I know they sell like gangbusters in China but thereís a portion of people in America who Iím pretty sure donít even know Buick still exists or ever did to begin with.
I would say it's a little of both.

When I needed a replacement for my Focus I needed something quick. Needed a sedan.

Fusion Sport was what I had my eye on but was more than I wanted to spend at the time, and the regular Fusion offerings while OK didn't move the needle for me, especially at the current prices.

GM - Malibu did nothing for me, styling interior everything jsut nothing moved the needle. SS would have been perfect, but no longer available new and the used prices were way more than I wanted to spend on a used vehicle.

Dodge - no chance

The left me with the Japanese automakers. Did not like the way the Corolla drove, so that left Honda and Mazda. the mazda felt more athletic or engaging if you will and Mazda at the time had a much better lease offer so that is the route I went
__________________
Quote:
Originally Posted by 72MachOne99GT View Post
Lets keep it simple. ..
it has more power...its available power is like a set kof double Ds (no matter where your face is... theyre everywhere) it has the suspension to mame it matter...(
shaffe is offline   Reply With Quote
Old 01-15-2021, 01:37 PM   #108
ABM2SS
 
Drives: 2010 SS M6 ABM
Join Date: Mar 2015
Location: Nashville, IN
Posts: 84
Eff EV's!

I even refuse to switch to an electric trimmer...
Attached Images
 
ABM2SS is offline   Reply With Quote
Old 01-15-2021, 08:04 PM   #109
SSJ455

 
SSJ455's Avatar
 
Drives: "Kara Zor-El" 2017 2SS HBM
Join Date: Jul 2014
Location: Lower Hudson Valley
Posts: 1,902
Chrylser is dropping the Hellcat engine in anything that will fit and GM is working on electric cars.
For shame, gm.....
__________________
Lead me not into temptation. I already know the way.
Lana? Lana? LANA! LAAANAAAA!!!!
What?
Dangerzoooooone.

SSJ455 is offline   Reply With Quote
Old 01-15-2021, 09:17 PM   #110
Bhobbs


 
Bhobbs's Avatar
 
Drives: 2015 SS 1LE Red Hot, 1970 Chevelle
Join Date: Apr 2012
Location: Chino, CA
Posts: 6,859
Quote:
Originally Posted by SSJ455 View Post
Chrylser is dropping the Hellcat engine in anything that will fit and GM is working on electric cars.
For shame, gm.....
Its because Chrysler actually understands what its customers wants. GM is trying to dictate what its customers will get.
__________________
Bhobbs is offline   Reply With Quote
Old 01-15-2021, 09:26 PM   #111
Petrol Head

 
Drives: Fast if no one's looking
Join Date: Aug 2019
Location: Cleveland, Ohio
Posts: 1,504
Quote:
Originally Posted by Bhobbs View Post
Its because Chrysler actually understands what its customers wants. GM is trying to dictate what its customers will get.
This is the entire discussion in two lines. Sums it up perfectly.
__________________
2019 2SS 6 speed
Shadow Gray Metallic/Light Gray interior; Mag Ride; Moonroof; Dual Mode Exhaust; Straight spoke wheels
Mods so far: illuminated footwell lighting, Homelink, Gen5 DIY radar detector direct wire harness, painted calipers red, installed CAGS override harness
Petrol Head is offline   Reply With Quote
Old 01-19-2021, 04:13 PM   #112
RagingHawk
 
Drives: 2015 1SS
Join Date: Jun 2015
Location: Michigan
Posts: 691
I think you guys are overthinking it, GM sells more vehicles in China than in the US, their EV lineup is mostly going to be for China. They're gonna introduce a new Bolt, a new Buick EV, the Hummer, some Cadillacs, and maybe an EV truck over the next 5-7 years in the states. Besides that, I believe the V8 trucks, Corvette and Camaro will remain. If they do switch the Camaro to all electric that will be surprising.

I will never buy an EV though, don't care how good the tech gets until I have no other option but too. I hate the idea of charging a car and I hate the idea of the battery being degraded over time like a phone, the battery life(range) will get worse every year. With gas I can fill up very quickly whenever I need to. With electric, you'll be late to work or get stuck in many places because of slow charging or lack of charging stations.

Also it costs more to charge a vehicle at these stations than it is to fill a gas tank. Europe will tax EV's heavily once tax revenue from ICE vehicles dissipates. I'm very confident that the consumers in the US will resist this change if it is forced on too quickly. These EV cars are too expensive and not convenient enough at the time being.
RagingHawk is offline   Reply With Quote
Post Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:56 AM.


Powered by vBulletin® Version 3.8.9 Beta 4
Copyright ©2000 - 2021, vBulletin Solutions, Inc.