Tuesday, July 25, 2023

Whining -- July 25, 2023

Locator: 45204EVS. 

Link here.

From the linked article:

DETROIT – General Motors CEO Mary Barra blamed a supplier of automation equipment for the slow ramp of its new electric vehicles, after Wall Street criticized the company’s rollout of its newest EVs amid bold predictions to catch up to industry leader Tesla
Shares of GM were down roughly 4% in morning trading Tuesday despite quarterly results that topped year-ago performance
Analysts during the call questioned the company’s pricing strategies, EV profitability guidance and ability to hit previously announced targets for the vehicles.

Mary: you play the hand you were dealt.  

Tesla, Apple, Daimler -- they all have the same challenges.

Also, the Chevy Bolt is not what the analysts want to talk about. Not said, but the Chevy Volt / Bolt is beginning to look a lot like ... the Ford Edsel.

************************
An Abundance Of Riches

***************************
Recent Brazilian Jiu Jitsu Tournament
Dallas, TX

Sophia earned a "silver" medal.

Three tournaments in past six months: three medals -- bronze, gold, and now a silver. 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.