irvinehomeowner
Well-known member
morekaos still thinks Teslas cost over $100k. 
ICE or EV?
- Thread starter irvinehomeowner
- Start date
NEW -> Contingent Buyer Assistance Program
But the Model 3 does start at just under $40k.
Interesting how these normalized back to more sane prices.
“Ford Motor disclosed Thursday that its electric vehicle unit, called Ford Model e, lost $2.1 billion in 2022 — and could lose as much as $3 billion in 2023.”
I would say it makes a lot of sense. It's not just the cost of gas, but also wasting time to go to the gas station. Not to mention doing oil change and stuff.
CalBears96
Well-known member
I hated it when Tesla used to give you the price including tax credits (and gas savings) on their website as default. You would have to click on another tab to see the ACTUAL price. Really misleading.
irvinehomeowner
Well-known member
The new Fed Credit requirements are so restrictive... not sure if anyone buying a $47k car will qualify (or should).
But the Model 3 does start at just under $40k.
Interesting how these normalized back to more sane prices.
morekaos
Well-known member
I know they don’t cost under $30,000.00 like they said they would…and they never willmorekaos still thinks Teslas cost over $100k.
I agree.. I’m impressed the prices are similar to or better than what they offered in 2017/2018 given the inflation since then (though they have cut some costs in dubious ways).
morekaos
Well-known member
Toss it on the fire with the others….
AUTOS
Lordstown Motors warns of bankruptcy after Foxconn threatens to walk away from crucial funding deal
· Lordstown said in a Monday filing that Foxconn has threatened to walk away from a crucial funding deal.
· Foxconn argued that the deal has been breached because Lordstown got a delisting notice from NASDAQ.
· Lordstown said if the deal doesn’t happen, it may go bankrupt.
· The embattled startup struck a deal to sell its Ohio factory to the Taiwanese contract-manufacturing giant last year. Following that deal, which closed in May 2022, the two companies agreed to a second deal in which Foxconn would invest up to $170 million in Lordstown, amounting to a 19.3% stake.
· Foxconn paid the first $52.7 million due under that deal last year, but the remainder – and the deal itself – is now in jeopardy.
https://www.cnbc.com/2023/05/01/lor...rce=iosappshare|com.apple.UIKit.activity.Mail
AUTOS
Lordstown Motors warns of bankruptcy after Foxconn threatens to walk away from crucial funding deal
· Lordstown said in a Monday filing that Foxconn has threatened to walk away from a crucial funding deal.
· Foxconn argued that the deal has been breached because Lordstown got a delisting notice from NASDAQ.
· Lordstown said if the deal doesn’t happen, it may go bankrupt.
· The embattled startup struck a deal to sell its Ohio factory to the Taiwanese contract-manufacturing giant last year. Following that deal, which closed in May 2022, the two companies agreed to a second deal in which Foxconn would invest up to $170 million in Lordstown, amounting to a 19.3% stake.
· Foxconn paid the first $52.7 million due under that deal last year, but the remainder – and the deal itself – is now in jeopardy.
https://www.cnbc.com/2023/05/01/lor...rce=iosappshare|com.apple.UIKit.activity.Mail
aquabliss
Well-known member
Great earnings report today for Ford. The EV unit only lost $722M...!
finance.yahoo.com
Ford first quarter revenue, profits top estimates; EV unit loses $722 million
Ford's Q1 earnings on Tuesday will break down results by its three new business segments for the first time.
morekaos
Well-known member
…Per quarter for a grand total of $3,000,000,000.00 For 2023…or over $5,000,000,000.00 over 22-23…great plan, they will probably join Lordstown on the pyre soon…Great earnings report today for Ford. The EV unit only lost $722M...!
Ford first quarter revenue, profits top estimates; EV unit loses $722 million
Ford's Q1 earnings on Tuesday will break down results by its three new business segments for the first time.
“Ford Motor disclosed Thursday that its electric vehicle unit, called Ford Model e, lost $2.1 billion in 2022 — and could lose as much as $3 billion in 2023.”
morekaos
Well-known member
Henry Ford is turning in his grave…
Ford posts April sales gain as F-Series comes roaring back
Ford Motor Co.'s U.S. sales rose 4% year-over-year in April, bolstered by strong results in the truck segment.
The Dearborn automaker sold 184,002 vehicles in the United States last month. Sales of internal combustion engine vehicles were up 5.6%, while hybrid vehicle sales slipped 6.9% and electric-vehicle sales fell 25%
https://www.detroitnews.com/story/b...n-as-f-series-comes-roaring-back/70178555007/
Ford posts April sales gain as F-Series comes roaring back
Ford Motor Co.'s U.S. sales rose 4% year-over-year in April, bolstered by strong results in the truck segment.
The Dearborn automaker sold 184,002 vehicles in the United States last month. Sales of internal combustion engine vehicles were up 5.6%, while hybrid vehicle sales slipped 6.9% and electric-vehicle sales fell 25%
https://www.detroitnews.com/story/b...n-as-f-series-comes-roaring-back/70178555007/
irvinehomeowner
Well-known member
Lordstown was always troubled... no surprise there.
Ford will continue to show losses... but not forever.
Ford's issue is what morekaos harps about... they don't have any affordable EVs. That's why they are cutting prices on the Mach-E... while the Lightning has increased prices from 22 to 23... so much that the high-end trims can finally be found at MSRP (or discounted). The $40k Pro model starts at $53k now and Ford make a limited amount.
So it's Ford's own fault for pricing their EVs out of range.
Ford will continue to show losses... but not forever.
Ford's issue is what morekaos harps about... they don't have any affordable EVs. That's why they are cutting prices on the Mach-E... while the Lightning has increased prices from 22 to 23... so much that the high-end trims can finally be found at MSRP (or discounted). The $40k Pro model starts at $53k now and Ford make a limited amount.
So it's Ford's own fault for pricing their EVs out of range.
irvinehomeowner
Well-known member
Equinox EV supposed to start at $30k.
And the average car price is $44k.
Whose magic $30k number is that? The stick in the mud number?
And the average car price is $44k.
Whose magic $30k number is that? The stick in the mud number?
nosuchreality
Well-known member
Average pickup cost is $60,289. Even the pretend matchbox trucks are north of $40k
irvinehomeowner
Well-known member
Elon thinks Ford strategy is "smart"... and since morekaos pooped on both Tesla and Ford... we know what that means.... success!
electrek.co
Elon Musk thinks Ford's EV strategy is 'smart'
Elon Musk had some encouraging words for Ford as the automaker continues to report significant losses from its electric vehicles....
electrek.co
morekaos
Well-known member
Winning…
Ferrari profit jumps 24% as demand pushes waiting list into 2025
https://www.cnbc.com/2023/05/04/fer...are|com.apple.UIKit.activity.CopyToPasteboard
Ferrari profit jumps 24% as demand pushes waiting list into 2025
https://www.cnbc.com/2023/05/04/fer...are|com.apple.UIKit.activity.CopyToPasteboard
Attachments
Last edited:
morekaos
Well-known member
…but you don’t have to pay for gas…
justthenews.com
The hidden costs of EVs: Ohio man gets $42,000 repair bill after fender bender in electric truck
The shop he sent his truck to "completely disassembled" the back of the truck, according to Apfelstadt, and discovered much more damage than previously thought based on exterior inspection alone — so much more that the "final bill" for his fender bender came to more than $42,000. Apfelstadt told Just The News the "at-fault driver's insurance covered the entire repair bill" since her policy had a $50,000 cap.
The hidden costs of EVs: Ohio man gets $42,000 repair bill after fender bender in electric truck
Turns out that switching to an electric car for the gas savings might not be so straightforward.
justthenews.com
The Motor Court Company
Well-known member
if I get free charging at work, does it make sense to just lease a Tesla or some cheap EV's? it will offset some of the fuel cost.
CalBears96
Well-known member
A guy in my group has been leasing Chevy Bolt for years and that's without free charging at work. Unfortunately, Chevrolet is discontinuing it, so he has to look for something else soon.
I would say it makes a lot of sense. It's not just the cost of gas, but also wasting time to go to the gas station. Not to mention doing oil change and stuff.