3 ms·

What does GM have? About 3 million sales in China per year. You really come off as someone talking his book, by the way.

maxharris 6y ago
Past performance is no guarantee of future results. Thanks for the tip about how others might perceive me - I'll take it under advisement.
yholio 6y ago
More like someone nervously talking their book, first and foremost trying to reassure themselves. I think the GP can relax, no one interprets the "Tesla nemesis" in the title as anything else than sensationalism. The two EV markets have absolutely nothing in common except the (maybe) compatible charging stations.
- deleted 6y ago
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maxharris 6y ago
I'm a long-term investor. I got in back in March, way before the split or much of the stuff that has come to pass. I documented what I was doing back then, and I think my bets have held up pretty darn well! When you see evidence that you've missed something, don't double down with your head in the sand... See you in 2025! :grin: https://news.ycombinator.com/item?id=23027366 https://news.ycombinator.com/item?id=23027366 https://news.ycombinator.com/item?id=22958528 https://news.ycombinator.com/item?id=22958528 https://news.ycombinator.com/item?id=22970810 https://news.ycombinator.com/item?id=22970810 You can downvote me all you want, but it won't make your value investing hypothesis true. It won't save the companies you own...
nickik 6y ago
I don't know why the parent felt the need for this rant. The article itself is kind of pointless as those cars are not really comparable, might as well throw scooters in there. If we seriously want to argue GM/Tesla. The 3M ice vehicles are pretty irrelevant, all cars will have to go electric and that is the market that matters. And selling a tiny car in China is not gone be what makes GM the big money they need to be 'General Motors'. In fact I would argue all infrastructure related to ICE will be negative value in a few years, and that includes outstanding leases on ICE cars. That will be a huge issue for GM and Ford.

maxharris 6y ago

Past performance is no guarantee of future results. Thanks for the tip about how others might perceive me - I'll take it under advisement.

yholio 6y ago

More like someone nervously talking their book, first and foremost trying to reassure themselves. I think the GP can relax, no one interprets the "Tesla nemesis" in the title as anything else than sensationalism. The two EV markets have absolutely nothing in common except the (maybe) compatible charging stations.

deleted 6y ago
[deleted]

maxharris 6y ago

I'm a long-term investor. I got in back in March, way before the split or much of the stuff that has come to pass. I documented what I was doing back then, and I think my bets have held up pretty darn well! When you see evidence that you've missed something, don't double down with your head in the sand... See you in 2025! :grin: https://news.ycombinator.com/item?id=23027366 https://news.ycombinator.com/item?id=23027366 https://news.ycombinator.com/item?id=22958528 https://news.ycombinator.com/item?id=22958528 https://news.ycombinator.com/item?id=22970810 https://news.ycombinator.com/item?id=22970810 You can downvote me all you want, but it won't make your value investing hypothesis true. It won't save the companies you own...

nickik 6y ago

I don't know why the parent felt the need for this rant. The article itself is kind of pointless as those cars are not really comparable, might as well throw scooters in there. If we seriously want to argue GM/Tesla. The 3M ice vehicles are pretty irrelevant, all cars will have to go electric and that is the market that matters. And selling a tiny car in China is not gone be what makes GM the big money they need to be 'General Motors'. In fact I would argue all infrastructure related to ICE will be negative value in a few years, and that includes outstanding leases on ICE cars. That will be a huge issue for GM and Ford.