GM can go fuck themselves.
Related https://videosift.com/video/The-Ugly-Truth-Behind-the-Will-Ferrell-G-M-Commercial

Oh fuck, Bobby...20 lies to debunk? You suck.

1) and how many lost?...tens of millions
2) citation needed, and even if true, there are many more unemployed too, there are more of us. What you neglect is that there are more trying to work because it’s impossible to live on one average income and even children have to work to pay the family bills
3) citation needed, and lost how many millions? The net has been a loss of manufacturing, most of his gains never materialized
4) for one quarter after declining at the fastest rate in history for two. If I drop you off a 100’ cliff yesterday, then lift you up by 6’ today, I still made your position much worse even though it’s incredibly better than yesterday when you were falling...I don't get kudos for picking you up after stomping you into the dirt.
5) economic growth the quarter before reduced by what was it, >30%? That’s still a loss, dummy. See #4
6) new unemployment claims hit 50year highs for 3 quarters before, and new rules take many unemployed off the list so it looks better for Donny. The unemployment rate is still historically high
7)average household income has decreased. Rich became much richer, poor became poorer. Average Americans saw a loss in income
8 ) already discussed unemployment, you’re misstating or obfuscating the whole picture
9) anyone suspected of being undocumented is removed from the list....not an honest number by far
10) more fake numbers
11) more fake numbers
12) more fake numbers
13) more fake numbers
14) more fake numbers

Here’s the real data, notice only three states weren’t in the worst unemployment position ever last year.... https://www.bls.gov/web/laus/lauhsthl.htm
Also note not a single one is at it’s historic low unemployment, and most saw record high unemployment rates for most of 2020.
I give him credit, at the beginning of 2020, before he screwed it all up with his failures over the Trump pandemic, about 1/3 of states were near record unemployment by the newer standards. I have to wonder how much of those gains were due to changing g the criteria for counting the unemployed.
When you drop your victim in a 100’ hole you don’t get kudos for throwing them a 6’ ladder
15) you mean thrown out of the programs, there’s more need than anytime since the Great Depression. It's incredibly dishonest to make qualifying for assistance far more difficult, then use the lower numbers of people who qualify as proof you improved conditions. Utter bullshit.
16) they’ve pledged that before. Call me when they graduate, until then it’s another empty promise
17) citation? Probably a Trump speech talking point
18) it was Christmas...they ALWAYS surge in Dec, usually by a ton more than this year. Let’s see the yearly number for 2020. I don’t believe for a second it was better than 2019...citation? Oops, looked it up, declined, didn’t go up. I think you’re looking at predictions for December, they were WAY below predictions.

US Retail Sales Unexpectedly Drop in December
US retail trade fell 0.7 percent from a month earlier in December 2020, following a revised 1.4 percent decline in November and compared with market expectations of a flat reading. That was also the third consecutive month of decline in consumption, amid record COVID-19 infections, high unemployment levels and lack of government's support. Receipts declined at electronics & appliance stores (-4.9 percent vs -8.3 percent in November), restaurants and bars (-4.5 percent vs -3.6 percent), food & beverage stores (-1.4 percent vs 1.5 percent), general merchandise stores (-1.2 percent vs -1.3 percent), sporting goods, hobby, musical instrument & books stores (-0.8 percent vs -1.7 percent), and furniture stores (-0.6 percent vs -2.1 percent). In addition, online trade slumped 5.8 percent, accelerating from a 1.6 percent decrease in the previous month.

19) not for people making less than millions a year, our tax cuts were minimal, temporary, and unnoticeable. What’s the debt now? He cut revenue and increased spending....thanks to failing to deal with COVID, it’s likely he doubled the debt. What was the low estimate, >$6trillion in unplanned off the budget socialist handouts to fix his lack of a public pandemic plan. This year the debt is going to outpace gdp....the deficit was up by 35% BEFORE the Trump recession.
$300 billion didn't leave...that number was the total high estimate of businesses that said they were moving off shore because they didn't want to pay taxes or said they would move back...if you believe him...and it was only for one quarter, a one time gain at a cost of >$1.2 trillion per year In lost tax revenue. Great plan. It was a one time thing, and much of that business left anyway within the year. GM plant? Foxconn? Harley Davidson? How much of that claimed $300 Billion was based on promises that never materialized?

20) not most small businesses, only those making what was it, >$500000 a year? That’s not most “small businesses “....and that tax rate is temporary, phased out completely after 10 years, corporate tax rates and rates for billionaires is permanent.

You must ignore or fake all economic data from 2020 to make these claims, and even then they would be dishonest exaggeration based on baseless claims from a constant liar.

Not one point you made is honest...that’s why you can’t provide references or citations, you would be embarrassed to admit it all came straight from Don the con’s lying mouth and not organizations that professionally study these claims.

https://electrek.co/2019/03/11/trumps-budget-kills-federal-tax-credit-for-electric-vehicle-fail/

https://www.reuters.com/article/us-usa-trump-autos/white-house-seeks-to-end-subsidies-for-electric-cars-renewables-idUSKBN1O22D4

https://www.ecowatch.com/electric-car-tax-credit-trump-2641647250.html


https://www.industryweek.com/the-economy/article/22026582/gm-breaks-with-trump-administration-in-call-for-national-electric-car-mandate


https://www.caranddriver.com/news/a30857088/trumps-budget-endanger-lordstown-plant/

https://www.ttnews.com/articles/gm-tesla-head-new-year-without-electric-vehicle-tax-credits


Well you didn't bet with me but you backed the right horse, enjoy your investment!

Tesla is a good buy today even at 52 week highs. There is a growth path forward in which new factories are coming on line
Giga
Shanghai
Berlin
Texas

+ Giga Nevada battery factory adding lines.

Limiting factor is battery. Battery day should lay out the path forward.


Tesla is profitable , last 4 quarters, and believe this will continue.

I am looking long term. Min 5 years to 10 years.
I am looking for production to double approx every year.

600k this year goal
1.2mil min goal next year
2.4mil + in 3 rd year.

I've posted the 2020 NC transportation outlook on the Sift. It is really worth a look.



Also any one interested should look at Kathy Wood of ARC investment. Just look for her on you tube.
This is ARC investment link
https://ark-invest.com/analyst-research/tesla-price-target/

Sandy Monroe ( you tube) tore down a 2012 and a 2020 model and was astonished at not only in improvements but absolutely astonished in the technology lead of the produce. His group does this and sell reports to all. Evey Asian and Europe atuo manufacture has bought his report. Not 1 American Auto maker has.

Ford, GM are far behind.

Every ICE maker ( ICE Internal Combustion Engine) will have to not only continue that investment and also invest in EV. Dont think they have enough Research investment dollars on hand to do both.



Musk is a visionary Just look at what he is doing besides cars.

Space X . Few step into the space race and succeed like Musk.

Boring company . Fed up with traffic jams he look for solutions. Looked at boring machines and found then to be 15 times slower than a snail. Got a team together and designed a boring machine 15 times faster.

Supplemental storage energy for peak energy demands.

Solar panels. Redesigned and lower cost of ownership.

Musk salary /bonus ties to achievement goals, not just a set amount.


This a BUY time.
This is like buying Apple when Steve Jobs came back to Apple.


Over valuation is what people see Tesla to be worth.
Market forces, Technological improvements and Government regulations will push EV market to forefront over the next decade. There is no stopping this.

A typical definition of socialism is when government owns the means of production. When bush and the republicans bought a controlling interest in GM,the USA became a socialist country. When obama fired the head of GM, that.....was socialism. Feeding hungry people,isn't socialism. Helping homeless,or sick people,isn't socialism. Providing health insurance through a single pool. Isn't socialism. Your in a pool,,,right now.

I went to that one with my family. The GM pavilion was the most memorable, with future cars and a holographic projection show.

That's the point, I guess. You know what to look for in a good boot (although, having to wear it for a year is sort of...hard to pull off in a shop)...But, perhaps, most people don't.

And more amusingly; maybe there ISN'T much difference in most things between the "cheap" and the "expensive" when so much marketing is involved.

I remember watching a woman who was chemical engineer explain to another woman that P&G, where she worked, basically had the same chemical base stock for all its shampoos and conditioners and then differentiated them with coloring and scent to charge 2X, 3X, and 5X for the same thing lol

I'm sure I've fallen for the same thing in my world before. I mean, sometimes it fails; for some reason, I'm thinking of when GM re-labeled its benighted "J" class cars as compacts and was surprised they didn't sell. Not to pick on GM...

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Frankly, it was insane to go down that road in the first place, but Americans have had it drilled into their heads millions of times that the free market is always more efficient than government.

That statement is 100% true, while being completely misleading.

Incandescent light bulbs are extremely efficient... at producing heat instead of light.

Private enterprise is very efficient at creating short-term profits for their shareholders.

Yet Americans seem to think it'll somehow save tons of money so they don't have to pay their precious taxes and everyone can go out and individually buy services for 10x the price they'd pay through the government.

Classic example is GM buying up public transit in the 30s-50s and bulldozing the facilities so everyone has to buy a car. Great for GM, terrible for everyone and everything else (including, ironically, GM in the long run).

I don't have to watch the video.

Short answer, GM.

Long answer, GM and the insane belief that you can't have too much capitalism.

Typically, predictably tacky from a GM-sponsored project.

OK, sorry to spam here, but I found another relevant link:
https://www.geneticliteracyproject.org/2015/12/14/gmo-patent-controversy-terminator-genes-seed-piracy-forcing-farmers-buy-seeds/

That confirms that "terminator seeds" are a technology that does exist -- in practice as well as theory -- but isn't commercially sold or otherwise available.

More importantly, it mentions that there is a legal sort of "license agreement" that farmers sign when they buy the GM seed stating that they won't replant harvested stuff in the future, and that they can inspect your storage areas etc. if they suspect you are doing so. That would explain why my family worked hard to clean out storage areas that had grain resulting from GM seed. I erroneously thought that was because that grain was sterile.

Those agreements are for a single crop / harvest, so it is definitely possible to use a GM seed one year and then go back to non-GM seed in other years, as my family does. I guess that we just have to keep good records to show that we're not holding any back for future planting / sale.

Sorry for the several LONG posts, and thanks to @Hastur for asking the question that got me to figure out the misconception I had!