There has been a fair amount of press on Ford Motor Company's immense losses ($1.3 billion) on its ‘Model e’ EV. What has not been much discussed is why this happened. There are several reasons, of course, including the political correctness of the company's CEO and the fact the market for EVs is collapsing around the world despite all the propaganda packaged as news and suggesting the opposite.
The same thing is happening with Subaru right now. Like all automakers, they have Biden’s foot on the back of their heads to electrify thirty-some percent of their fleet over the next few years, which resulted in discontinuing the Impreza and Legacy models. What I feel will happen, is that the amount of politicians that have gotten filthy rich by investing — or — cough cough — insider trading — cough cough cough — Nancy Pelosi — COUGH — in companies that have a government-influenced monopoly on some market, will start to be bankrupted by this. For example, when average American families who have no desire for EVs continue to tank sales by not buying them, it will eventually force the hands of automakers to stand up for themselves and attorney-up. The manufacturers aren’t responsible for the choices consumers make, and when enough people start losing money, i.e., the automakers, their shareholders — ALL of them — in addition to more lawsuits against the administration, they’ll back off.
This is all just my opinion, which may seem scattered, far-fetched, or unrealistic, but I have always carried the belief that when you impact someone’s wallet, you get their attention immediately.
On a side note, the EPA has now placed more stringent rules and regs on coal-fired power plants, which are already throwing major red flags for being both extreme and unlawful — go figure. For more reading on that, check out Michelle Bloodworth’s page on LinkedIn. The reason I mention this, is because of how Michelle mentions, “We urge Congress to overturn these new rules and protect our energy security and economic resilience,” which, it’s the same hand of cards for automakers. When one of them starts knocking on Congress’s door, that’s the only way things will change; they MUST PUSH BACK.
So, when you continue to refuse to buy a product, on top of declaring it extreme and unlawful to be forced to buy and/or make a product that there is a limited market for, going to trial over it, you’ll start throwing wrenches in COGs. My final thought and I’ll shut up: Ford has more say in this than they realize. They have the option to keep making vehicles they KNOW people will buy. They know they can continue to make a profit — and instead of paying fines, they could attorney-up and say enough of this BS.
Standing up to a bully may not get your lunch money back but by golly he’ll think twice as to who he tries to take it from.
Damn good research, sir. You’re the man yet again.
Like Henry almost said: You can get any car you don't want as long as it's electric.
Love it!
The same thing is happening with Subaru right now. Like all automakers, they have Biden’s foot on the back of their heads to electrify thirty-some percent of their fleet over the next few years, which resulted in discontinuing the Impreza and Legacy models. What I feel will happen, is that the amount of politicians that have gotten filthy rich by investing — or — cough cough — insider trading — cough cough cough — Nancy Pelosi — COUGH — in companies that have a government-influenced monopoly on some market, will start to be bankrupted by this. For example, when average American families who have no desire for EVs continue to tank sales by not buying them, it will eventually force the hands of automakers to stand up for themselves and attorney-up. The manufacturers aren’t responsible for the choices consumers make, and when enough people start losing money, i.e., the automakers, their shareholders — ALL of them — in addition to more lawsuits against the administration, they’ll back off.
This is all just my opinion, which may seem scattered, far-fetched, or unrealistic, but I have always carried the belief that when you impact someone’s wallet, you get their attention immediately.
On a side note, the EPA has now placed more stringent rules and regs on coal-fired power plants, which are already throwing major red flags for being both extreme and unlawful — go figure. For more reading on that, check out Michelle Bloodworth’s page on LinkedIn. The reason I mention this, is because of how Michelle mentions, “We urge Congress to overturn these new rules and protect our energy security and economic resilience,” which, it’s the same hand of cards for automakers. When one of them starts knocking on Congress’s door, that’s the only way things will change; they MUST PUSH BACK.
So, when you continue to refuse to buy a product, on top of declaring it extreme and unlawful to be forced to buy and/or make a product that there is a limited market for, going to trial over it, you’ll start throwing wrenches in COGs. My final thought and I’ll shut up: Ford has more say in this than they realize. They have the option to keep making vehicles they KNOW people will buy. They know they can continue to make a profit — and instead of paying fines, they could attorney-up and say enough of this BS.
Standing up to a bully may not get your lunch money back but by golly he’ll think twice as to who he tries to take it from.
Damn good research, sir. You’re the man yet again.
Super comment, Patrick! And, thank you!
More great research and writing, Tom. Ford better do a Toyota before they bite on the big radish in the sky.
Hah! Thanks, Steve!