Bikebrains
Elio Addict
Headline: G.M. Takes a Back Seat to Tesla as America’s Most Valued Carmaker
Source: https://www.nytimes.com/2017/04/10/business/general-motors-stock-valuation.html
"And President Trump has vowed to ease regulations and put cars at the forefront of his crusade to add manufacturing jobs."
"In a sign of how the industry’s future is being reimagined, the electric-car maker Tesla passed G.M. on Monday as America’s most valuable auto company. With its stock gaining more than 3 percent for the day to $312.39, Tesla has a market capitalization of $50.9 billion, just a hair ahead of G.M.’s. "
"G.M. is hardly alone in being outshone by Tesla among investors. A week earlier, another century-old Detroit icon, Ford Motor, fell behind Tesla in market value. And Fiat Chrysler, the parent of the third Detroit automaker, is so uncertain of its own future that it is actively seeking a merger partner.
But G.M. epitomizes both the frustration attached to the old American auto industry, and the determination to prove the skeptics wrong over the long term."
ME: Tesla got a jump start using DoE money which has been repaid. Where is the DoE, ATVM loan money for Elio? The Trump administration has not replied to my letter. My thread https://www.elioowners.com/threads/letters-from-trump.8245/ has no letters from Trump. What is wrong with "this picture"?
The following comment seems to discourage Elio owners from contacting government representatives:
Source: https://www.eliomotors.com/65000-reservations-and-legislative-progress/
"How can I help in my state?
As always, we are honored that our fantastic supporters reach out and ask how they can be of help. At this stage, our legislative team has it covered. The biggest way our supporters can be of help is to continue to spread the word about us! By the way, we will and have called on supporters in certain states in the past and may do so again, if needed."
Source: https://www.nytimes.com/2017/04/10/business/general-motors-stock-valuation.html
"And President Trump has vowed to ease regulations and put cars at the forefront of his crusade to add manufacturing jobs."
"In a sign of how the industry’s future is being reimagined, the electric-car maker Tesla passed G.M. on Monday as America’s most valuable auto company. With its stock gaining more than 3 percent for the day to $312.39, Tesla has a market capitalization of $50.9 billion, just a hair ahead of G.M.’s. "
"G.M. is hardly alone in being outshone by Tesla among investors. A week earlier, another century-old Detroit icon, Ford Motor, fell behind Tesla in market value. And Fiat Chrysler, the parent of the third Detroit automaker, is so uncertain of its own future that it is actively seeking a merger partner.
But G.M. epitomizes both the frustration attached to the old American auto industry, and the determination to prove the skeptics wrong over the long term."
ME: Tesla got a jump start using DoE money which has been repaid. Where is the DoE, ATVM loan money for Elio? The Trump administration has not replied to my letter. My thread https://www.elioowners.com/threads/letters-from-trump.8245/ has no letters from Trump. What is wrong with "this picture"?
The following comment seems to discourage Elio owners from contacting government representatives:
Source: https://www.eliomotors.com/65000-reservations-and-legislative-progress/
"How can I help in my state?
As always, we are honored that our fantastic supporters reach out and ask how they can be of help. At this stage, our legislative team has it covered. The biggest way our supporters can be of help is to continue to spread the word about us! By the way, we will and have called on supporters in certain states in the past and may do so again, if needed."
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