Still want an EV? (NO POLITICS)

[gblansten]

Originally Posted by Car-Addicted

Tesla's Storing Unsold Inventory In An Abandoned Mall Parking Lot
05/13/2024
Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can’t sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of 2024. Where are all these cars going? Parking lots at its factories, malls and airports.



The Chesterfield Mall, about 20 miles west of St. Louis, has become an overflow lot for Tesla. Emblematic of American retail’s current state, the mall is slated to be demolished and replaced with a $2 billion mixed-use project. The Staenberg Group, the mall’s owner, is eking out the last drops of revenue before the mall’s remaining tenants have to move out on August 31. Tim Lowe, a Staenberg Group senior vice president, told KTVI:

https://jalopnik.com/tesla-is-runnin...ars-1851473377

gblansten grab your check book and head to St. Louis, the weather nice this time of year.

Might get the Tesla variety pack.

[allinon72]

Really amazing what covid did to introduce slack in the market, wild swings in customer demand, along with rapid money printing followed by rising interest rates. The market needs to heal and badly.

[M5Rick]

Originally Posted by Weather Man

BYD to dump $12,000 Seagulls onto the UK and EU market.

Just needs one Seagull to ignite on the t/ship and there's a high risk of that seing their recent history.

[M5Rick]

Originally Posted by gblansten

Looks like that late night Taco Bell just hit. He needs more fiber in his diet.

Having more bran would be good for him too.

[eugenebmw]

Tesla Supercharger station in Bay Area hit by vandals with every charging cable cut

Look like someone really short of spare change.

https://www.teslarati.com/tesla-supe...dals-bay-area/

[gblansten]

Originally Posted by eugenebmw

Tesla Supercharger station in Bay Area hit by vandals with every charging cable cut

Look like someone really short of spare change.

https://www.teslarati.com/tesla-supe...dals-bay-area/

What is going on in your life that this makes you happy?

[eugenebmw]

Originally Posted by gblansten

What is going on in your life that this makes you happy?

I am happy because time will tell. I mentioned this issues in the past and everyone told me I am worry too much. I am actually sad to know this was happening. I wish all the best to the EV owners. Happy charging....

[Efthreeoh]

Originally Posted by Car-Addicted

Tesla's Storing Unsold Inventory In An Abandoned Mall Parking Lot
05/13/2024
Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can’t sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of 2024. Where are all these cars going? Parking lots at its factories, malls and airports.



The Chesterfield Mall, about 20 miles west of St. Louis, has become an overflow lot for Tesla. Emblematic of American retail’s current state, the mall is slated to be demolished and replaced with a $2 billion mixed-use project. The Staenberg Group, the mall’s owner, is eking out the last drops of revenue before the mall’s remaining tenants have to move out on August 31. Tim Lowe, a Staenberg Group senior vice president, told KTVI:

https://jalopnik.com/tesla-is-runnin...ars-1851473377

gblansten grab your check book and head to St. Louis, the weather nice this time of year.

That pic looks a bit bogus to me.

[M5Rick]

Originally Posted by Car-Addicted

Tesla's Storing Unsold Inventory In An Abandoned Mall Parking Lot
05/13/2024
Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can’t sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of 2024. Where are all these cars going? Parking lots at its factories, malls and airports.



The Chesterfield Mall, about 20 miles west of St. Louis, has become an overflow lot for Tesla. Emblematic of American retail’s current state, the mall is slated to be demolished and replaced with a $2 billion mixed-use project. The Staenberg Group, the mall’s owner, is eking out the last drops of revenue before the mall’s remaining tenants have to move out on August 31. Tim Lowe, a Staenberg Group senior vice president, told KTVI:

https://jalopnik.com/tesla-is-runnin...ars-1851473377

gblansten grab your check book and head to St. Louis, the weather nice this time of year.

Sure to be more newly built EV's stacking up in other blot on the landscape locations if the gubment continues its crazy path for unachievable net zero.

[Leucosticte]

Originally Posted by allinon72

Really amazing what covid did to introduce slack in the market, wild swings in customer demand, along with rapid money printing followed by rising interest rates. The market needs to heal and badly.

Is it even fixable at this point?

[allinon72]

Originally Posted by Leucosticte

Is it even fixable at this point?

Of course, but with a lot of pain. But that won’t happen, we’ll continue to play pretend until the whole system collapses for good.

[ASAP]

Originally Posted by Car-Addicted

It's election time!

Chinese EV stocks drop on expectations Bozo could hit sector with 100% tariff next week
May 10, 2024
Shares of Nio, Li Auto and other Chinese electric-vehicle makers were falling Friday, following multiple published reports that the Bozo administration could roll out much-anticipated new tariffs next week that target those companies as well as other Chinese industries.
The higher tariffs could come as soon as Tuesday, according to reports from Bloomberg News and Reuters, while the Wall Street Journal said the tariff rate on Chinese EVs is expected to roughly quadruple to 100% from 25%. There’s also an additional 2.5% duty for all automobiles imported into the U.S.
Besides EVs, the semiconductor, battery and solar sectors in China look set to face additional tariffs. The development comes after President Joe Bozo last month pushed for higher tariffs on Chinese steel and aluminum.
https://www.msn.com/en-us/money/mark...0fb4cea9&ei=15

I am not clear I understand the decision lol... China doesn't sell any EVs here whatsoever and a vast amount of our EVs use Chinese battery components. It sounds like this is to protect Tesla... except Tesla is absolutely hurting for sales right now and if China retaliates with Tesla tariffs in the homeland, they are done... China is one of their largest markets.

[ASAP]

Originally Posted by allinon72

Really amazing what covid did to introduce slack in the market, wild swings in customer demand, along with rapid money printing followed by rising interest rates. The market needs to heal and badly.

Hopefully... at least it appears everyone is running out of money... this has a good and bad side... the good being that people that actually want cars for a decent price will get them.

[allinon72]

Originally Posted by ASAP

Hopefully... at least it appears everyone is running out of money... this has a good and bad side... the good being that people that actually want cars for a decent price will get them.

In theory yes - except when the disparity between production cost and a viable selling price becomes so large that equilibrium isn’t possible…you have automakers stacking up cars in parking lots rather than discounting to sell.

Which is what we have…..now.

[ASAP]

Originally Posted by allinon72

In theory yes - except when the disparity between production cost and a viable selling price becomes so large that equilibrium isn’t possible…you have automakers stacking up cars in parking lots rather than discounting to sell.

Which is what we have…..now.

You are absolutely correct... its a bizarre equilibrium I've never seen before... they seem to prefer to sit on vehicles than to sell them... this was unthinkable pre covid... so what breaks first?

1) Balance sheets with too much debt at dealerships?
2) Banks asking for their money back?
3) Price wars and discounts?

It's kind of a matter of when not if at this point.

[gblansten]

Originally Posted by ASAP

I am not clear I understand the decision lol... China doesn't sell any EVs here whatsoever and a vast amount of our EVs use Chinese battery components. It sounds like this is to protect Tesla... except Tesla is absolutely hurting for sales right now and if China retaliates with Tesla tariffs in the homeland, they are done... China is one of their largest markets.

This is to protect union jobs in legacy auto.

[AmuroRay]

Originally Posted by allinon72

Of course, but with a lot of pain. But that won’t happen, we’ll continue to play pretend until the whole system collapses for good.

The whole system is pretend. Economics isn’t a science - it’s a social experiment on how you can have people believe in a fictional concept backed by nothing, and controlled by people who admit they don’t know how it works.

They turn knobs and push buttons that do nothing, make up new rules every year, and basically give a fake justification for everything that happens (which oddly enough, is always to our detriment)

There isn’t anything to fix because it works exactly how it’s designed. To keep you subjugated, dumb and hoping for them to save you from the problems they designed.

[AmuroRay]

Originally Posted by gblansten

This is to protect union jobs in legacy auto.

Nah. If the goverment was acting on behalf of workers, which it never does, we wouldn’t see more companies producing cars in Mexico and other countries.

Unions are like 6% of the work force and outside of the big 2, no one really uses them - yet this is an issue with most automakers right now. I’m not sure why we feel entitled to exploiting our fellow people just to get cheaper garbage.

Your Tesla is the cheapest sack of crap on the road today, and it wasn’t built by unions. It has as a business all the protections the government never afforded to workers. - and why are stacking garbage in parking lots

[ASAP]

Originally Posted by gblansten

This is to protect union jobs in legacy auto.

you mean all that WHILE providing ev incentives and tax credits to ev makers lol? we are living in an idiocracy

[AmuroRay]

Originally Posted by ASAP

you mean all that WHILE providing ev incentives and tax credits to ev makers lol? we are living in an idiocracy

It’s crazy he made his comment without the least bit of irony

[gblansten]

Originally Posted by ASAP

you mean all that WHILE providing ev incentives and tax credits to ev makers lol? we are living in an idiocracy

Absolutely. The idea is to help legacy auto make the transition and not let cheap Chinese cars mess that transition up and hurt legacy auto. Biden could NOT care less about Tesla. The EV incentives are available to legacy auto as well, obviously.

I'm just giving my take on what is going on. I am not endorsing any of this.

[ASAP]

Originally Posted by AmuroRay

It’s crazy he made his comment without the least bit of irony

Originally Posted by gblansten

Absolutely. The idea is to help legacy auto make the transition and not let cheap Chinese cars mess that transition up and hurt legacy auto. Biden could NOT care less about Tesla. The EV incentives are available to legacy auto as well, obviously.

I'm just giving my take on what is going on. I am not endorsing any of this.

The best way to keep automakers in business and employees would be to slow the transition as much as possible... which would mean pulling the EV credits entirely and remove any ev incentives. This is all theater at this point... some see it some don't. Also, the US FDOT hasn't even allowed any Chinese vehicles into the country... so I am still missing where the issue is? I thought this was a handsoff consumer driven market... oh well, at least that's what I was taught in school.