How To Cut Production Without Blaming It On Management When Sales Slow -- EVs Re-Defined -- September 15, 2023

Locator: 45663AUTOS.

From my perspective: the UAW strike is a win for the companies. In addition to everything else, CEOs will be able to blame poor quarterly results (3Q23) on the UAW strike and analysts will "buy it."

Why might auto equities be green this morning? President Biden about ready to announce another US auto bailout. LOL. No friend of the unions!

UAW strike: you know -- thinking about this -- targeting one factory at each of the Big Three -- this is a new tactic -- how this plays out -- this is quite counter-intuitive -- 

but ... the bad news -- comes at a time when the auto manufacturers need cash to transition to EVs  ...

but ... but .. but ...there is also incredibly "good news" for the CEOs -- assuming they are nimble ... 

this is an opportunity for auto manufacturers to benefit when sales of some models are slowing down significantly... manufacturers could ramp up operations where factories are not targeted for strike action and cut production elsewhere without announcing a management decision to cut production due to slow sales ... for Wall Street, it's the headline that matters, not the facts.

wow, wow, wow ... a CNBC analyst has just said the same thing.

Hunch: CEOs/management have the advantage, not the UAW ... UAW waited too long to strike ...

Am I right?

• Stellantis: on a down day for the market, Stellantis is up over 2%
• F: up almost 1%
• GM: up an incredible 2.2% on a day the Dow is down 62 points

Ford: may have to re-examine recent decision to close factory in Mexico

• it's not the hourly wage that concerns the automakers;
• it's the increased medical benefits and pension benefits
• these costs lead to re-thinking overseas factories

Automakers: partnering with battery makers to manufacture automobiles

• battery-makers: non-union, in the south
• this is very, very interesting: a paradigm shift:
• EVs are not automobiles in the classical sense
• EVs are mobile batteries with walk-on baggage

Shawn Fain can't be too happy this morning: stock market.

How can mobile batteries with walk-on baggage utilize AI?

• right now, walk-on baggage needs to input destination
• in the future, AI will determine the destination

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EVs Will Generate Unprecedented Waste

Waste:

• mining dumps
• turbine blades
• batteries

And to think we were worried about plastic straws at one time.

Link here.

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Apple News

Lossless audio. Link here. And here. 

Available for pre-order; Apple iPhone 15 --- available to pre-order on the 15th of September!