Ahhh... so THAT"S what happened there? I was wondering...
Yeah the old joke was that McDonnell Douglas bought Boeing with Boeing’s money. Turns out it wasn’t much of a joke. The merger conditions required that no MD executive could be fired, made redundant, etc, after the merger and that the next Boeing head had to be a MD executive before the merger. It’s been downhill since (personal opinion obviously).
I’m very curious what will happen if Elon doesn’t get his pay package. I’ll have my popcorn ready.
If the bird website is too be believed, allegedly the yays currently outweigh the nays. Also, I can't understand why the SEC isn't all over the bird website posts that are revealing the vote before the shareholder meeting.
It would be a surprise, but also Ford is the most likely of western manufacturers to do it.
I was just talking to my Dad about this yesterday. That's a great idea.
It would be a surprise if it happened in the very near future. But give Elon some time to tank Tesla………Then it would be a natural progression.
two words - Factory Capacity.
Seeing the acres of unsold Models 3 and Y piling up I think they could have spared some capacity.
those 3's and Y's have margin. the "2" would have very little margin... why would you dedicate capital (cash, and production capacity) to low or zero margin products... it is the classic problem that customers and media types want cheap cars... car companies can't make money on EVs that cost less than ~40K... outside of Chinese production.
