lmao there's no chance an EV Silverado will be out in the next 24 months. None. Nada. Zilch.Musk To Use Q4 Earnings Call To Reveal Key Tesla Cybertruck News
Remember, Musk said he will no longer be present on Tesla calls unless there's major news to share.
Dec 07, 2021 at 10:00am ET
By: Steven Loveday
If you follow Tesla and related news on social media, you may have been swamped with Elon Musk news and quotes yesterday. This is because the Tesla boss participated in an interview as part of the Wall Street Journal’s CEO Council Summit.
While some Tesla fans urged Musk not to do the interview for fear that his statements may be turned against him, he moved forward with the event, and we now have loads of new and exciting Tesla news.
Tesla has a lot on its plate, and it's hard to determine what's most important. Many people will likely tell you they're waiting on more news about the Tesla Cybertruck, though the opening of Tesla's new Gigafactories in Germany and Texas is arguably more pressing, and must happen ahead of anything related to the Cybertruck.
That said, Musk again talked about the Cybertruck, which has been delayed for some time and could be the fourth or fifth electric pickup truck to come to market in the US at this point. The CEO reiterated that the Cybertruck may be Tesla's best product ever. He also said it will be very difficult to manufacture.
Musk has mentioned a few times of late that the Cybertruck will be packed with future technology, and went so far as to call it "an insane tech bandwagon." We also just learned that the single-motor option will go away, and the Cybertruck will only be available with two or four motors. The quad-motor variant will come to market first.
Perhaps more importantly, Musk said he will be providing some important Cybertruck product updates during the Q4 2021 earnings call in January 2022. Remember, Musk said he may no longer be on these calls unless there's something major to reveal. He wasn't present on the last call. According to Teslarati, Musk shared during the WSJ interview:
What's your take on this? What could Tesla possibly do to make the Cybertruck more appealing? The Rivian R1T has already come to market, the GMC Hummer EV pickup truck is coming very soon, and, if all goes as planned, the Ford F-150 Lightning will also arrive ahead of the Cybertruck.
If GM plays its cards right, it could certainly launch an all-electric Silverado or a related product before the Cybertruck comes to market, not to mention, the quad-motor Cybertruck isn't going to be cheap. Leave us your wisdom in the comment section below.
In the 30's depression the US debt ratio was like it is now. And China owns a lot of that debt.The US's 'debt rating' is meaningless.
How would these chickens come home to roost?
Did they come home to roost in the 30s and 40s?
That's just ridiculous. What was your debt to income ratio when bought a home? Assuming you bought in the last thirty years and aren't a boomer who benefitted from a massive increase in available housing and spending.
And not even part of the conversation here.
Both of these things are not true.In the 30's depression the US debt ratio was like it is now. And China owns a lot of that debt.
While I agree with your thoughts that our deficit spending will catch up to the US someday, foreign investors own a very small % of the total US Debt. The chart below shows China with $1 Trillion ownership of US Debt, which is about 3.5% of the $28 Trillion US Debt. That would not give China too much leverage to "play its Ace".just wait for China to play its Ace and call in the US debt it owns.
I don't think the markets would react well to China saying it wanted its money. While it's "only a trillion", it's a trillion the US would also need to borrow to pay off.While I agree with your thoughts that our deficit spending will catch up to the US someday, foreign investors own a very small % of the total US Debt. The chart below shows China with $1 Trillion ownership of US Debt, which is about 3.5% of the $28 Trillion US Debt. That would not give China too much leverage to "play its Ace".
I think I'm referring to a wrong metric then as the GDP vs debt ratio is far higher now than it was in 1929..... personal debt maybe? Either way, it isn't good and the govt isn't in a cooperative manner to do anything.Did the US have inhibited growth the last time we had it this high? The time before that? The time before that?
Why or why not?
Do you even know what it means to 'pay back the debt' re government debt? What happens when the government does that? What happens when the government cuts spending overall? (GDP, btw, is government spending plus private spending.)
The government paying its debt off is not spending. Think about it. This isn't the place to discuss it.
Both of these things are not true.
* Except to keep new competitors out of my market!“I need more government intervention!” said no captain of industry ever.
That's because excessive government debt had nothing to do with the Great Depression. In fact, government spending was at a low, which exacerbated the situation.I think I'm referring to a wrong metric then as the GDP vs debt ratio is far higher now than it was in 1929..... personal debt maybe? Either way, it isn't good and the govt isn't in a cooperative manner to do anything.
Yes, climate change and pollution already do have a greater impact upon the poor.I wonder what impact ending all fossil fuel subsidies would have on not just gas prices but HVAC and electric. When prices on those things rise it could have a greater negative impact on the poor.