Sandybestdog
Sandybestdog
Joined: Feb 3, 2015
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July 24th, 2017 at 9:12:00 AM permalink
Quote: sabre

Running a business with a net operating loss because you're plowing money into expansion (home Depot) or r&d (Tesla) isn't in the same league as stealing and lying about investing it. It's not even the same game. Nor played on the same planet. Nor universe.

It's an absolutely absurd comparison.


Perhaps, but what is absurd is a company that sold 80,000 vehicles last year and lost $773M is worth more than the company who who sold 10,000,000 vehicles and made $12B in profit.

OK I'll admit, I'm biased. I sell Chevy's for a living. Tesla gets a free pass on everything. They're the only company that measures their results by how many people have put down a $1000 deposit to buy a car that won't be made for a year or two. Deposits are meaningless. I'm sure over half of those will cancel. The Chevy Volt is a completely revolutionary car unlike anything that has been built in over 100 years of selling cars. It's a practical car that the average person can afford. It has gotten absolutely no respect. It's been continuously villainized by right wing haters. Meanwhile Telsa sells $100k cars to rich greenies and they're the greatest thing since sliced bread.
TigerWu
TigerWu
Joined: May 23, 2016
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July 24th, 2017 at 9:49:22 AM permalink
For some reasons Americans just hate high-speed rail. I don't get it. It would be a boon for the economy. First of all, you would have all those jobs just building the system, and then all the jobs created by a brand new industry. Secondly, it would be a huge boon for the travel industry, and more people putting more money into the economy. I am much more likely to travel and take vacations and spend my money if I don't have to drive myself, and as of right now the only other option is flying. A high-speed rail system would ensure I take more vacations and spread my money around, and I can't be the only one who feels that way.
DRich
DRich
Joined: Jul 6, 2012
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July 24th, 2017 at 10:39:32 AM permalink
Quote: TigerWu

For some reasons Americans just hate high-speed rail. I don't get it. It would be a boon for the economy. First of all, you would have all those jobs just building the system, and then all the jobs created by a brand new industry.



I don't believe that Americans hate high speed rail, they just don't want to pay for the infrastructure. If a business believed it would be profitable they would build it. When it is available and costs less than air travel, and is faster than air travel the American public will be all over it.
Rigondeaux
Rigondeaux
Joined: Aug 18, 2014
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July 24th, 2017 at 11:35:05 AM permalink
The one they keep proposing in California is nuts. The initial cost is like 15 billion and the fare would still cost as much as flying and require a huge annual subsidy.

Jobs schmobs. As with the Raiders retardation, just put 3 seconds of thought into those dollar amounts. Just for example you could give out 2,000 million dollar small business loans interest free and have everyone default. You could give 20,000 college scholarships of 100 K. No, let's build a dumb train nobody will use. It should finish just around the time self driving, electric cars are the norm.

I know politicians want it because it would be a vehicle for graft. But I don't know why anyone else would.
boymimbo
boymimbo
Joined: Nov 12, 2009
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July 24th, 2017 at 11:55:35 AM permalink
Americans already have high speed rail - the Acela. However, it could be made to be much faster and I would love to see 200mph trains on major routes.

But there aren't many major routes that would be worth it. The NE corridor is one.

I don't know if high speed rail extended to Atlanta (Richmond, Raleigh, Charlotte) would be profitable.
I look at the nation and I think about other routes spanning major corridors (Detroit / Chicago / St. Louis / Kansas City, Dallas / Houston, Vancouver / Seattle / Portland, Miami / Orlando / Tampa) and I don't see anything that pops up.
----- You want the truth! You can't handle the truth!
rxwine
rxwine
Joined: Feb 28, 2010
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July 24th, 2017 at 11:58:13 AM permalink
Quote: Rigondeaux

. No, let's build a dumb train nobody will use. It should finish just around the time self driving, electric cars are the norm.

I know politicians want it because it would be a vehicle for graft. But I don't know why anyone else would.



I live mid-Florida, but would happily take a train car to Biloxi - and sleep or lounge as I desire rather than drive or fly.

If it existed.

Of course, I envision a nice lounge car to sit in having lunch, for a hour or two. Probably just my imagination that it might be preferable.
prisoner of gravity
billryan
billryan
Joined: Nov 2, 2009
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July 24th, 2017 at 11:58:26 AM permalink
Quote: Sandybestdog

Perhaps, but what is absurd is a company that sold 80,000 vehicles last year and lost $773M is worth more than the company who who sold 10,000,000 vehicles and made $12B in profit.

OK I'll admit, I'm biased. I sell Chevy's for a living. Tesla gets a free pass on everything. They're the only company that measures their results by how many people have put down a $1000 deposit to buy a car that won't be made for a year or two. Deposits are meaningless. I'm sure over half of those will cancel. The Chevy Volt is a completely revolutionary car unlike anything that has been built in over 100 years of selling cars. It's a practical car that the average person can afford. It has gotten absolutely no respect. It's been continuously villainized by right wing haters. Meanwhile Telsa sells $100k cars to rich greenies and they're the greatest thing since sliced bread.



I agree Tesla is overvalued, but it's worth is determined by the free market. People look at the future of GM and Tesla and think Tesla has the brighter one. I love Tesla, have a deposit on a car but don't own any stock. I'm not crazy about GM, own some stock in it and it was up about 20% last I looked. My understanding is that the first generation Volt was released prematurely and had a number of problems, but the new generation is a pretty good car. It might be comparable to the Tesla 3. Time will tell.
I hope it succeeds and my stock takes another jump.
It's what you do and not what you say If you're not part of the future then get out of the way
Face
Administrator
Face
Joined: Dec 27, 2010
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July 24th, 2017 at 11:59:33 AM permalink
Quote: Sandybestdog

OK I'll admit, I'm biased. I sell Chevy's for a living...
The Chevy Volt is a completely revolutionary car unlike anything that has been built in over 100 years of selling cars.



But can you explain how they get a 12.5:1 comp ratio to run properly on pump gas? Asking for a friend...
The opinions of this moderator are for entertainment purposes only.
Joeman
Joeman
Joined: Feb 21, 2014
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July 24th, 2017 at 1:04:14 PM permalink
Quote: rxwine

I live mid-Florida, but would happily take a train car to Biloxi - and sleep or lounge as I desire rather than drive or fly.

If it existed.

It used to, until Katrina. Now the route's eastern terminus is New Orleans. I took the Sunset Limited from Jacksonville to Biloxi once. It was indeed a relaxing way to go, but it took about 11 hours vs. a 7 hr drive. The schedule was perfect for me. It left in the evening and got to Biloxi about daybreak.

Quote:

Of course, I envision a nice lounge car to sit in having lunch, for a hour or two. Probably just my imagination that it might be preferable.

It depends on the person. I love train travel, but Mrs. Joeman gives it a "Meh." You should give it a try and see if it lives up to your imagination!
"Dealer has 'rock'... Pay 'paper!'"
billryan
billryan
Joined: Nov 2, 2009
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July 24th, 2017 at 1:43:35 PM permalink
I went to college in Rochester, NY and lived on Long Island. It was roughly 300 miles( I forget the exact distance). It was an hour by plane, six to eight hours by car. I took the train once, and door to door was almost 15 hours. Train left Rochester at 4Am, got to NYC at 5PM, then had to take a shuttle cross town to another train which took an hour, followed by a fifteen minute walk.
As I had a VW Rabbit, it cost me more to take the train than gas and tolls would have. When I drove home, I generally had two or three people to split the cost. Nothing romantic about the train. I think it was called The Lake Shore Limited. It ran from Chicago to NY. Coming down the Hudson was scenic, but way too many two or three minute stops, plus in Albany, they split the train up. some cars went east to Boston, some north to Montreal and some south to NY. That stop was about an hour.
It's what you do and not what you say If you're not part of the future then get out of the way

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