Comments by "TeeKay" (@teekay_1) on "Farzad" channel.

  1.  @ericfunkvoice  Not a fan of EV's, but GM doesn't have one competent EV.
    5
  2.  @drobertsatplay  if GM was smart, they'd simply take on the low end of the gasoline car market and drive volume that way. GM cannot play the high-end game, because they don't have a brand anymore that is taken seriously in the high-end.
    4
  3. Companies like IBM and GM are failing because of incompetent leadership and a board too scared to fire women because they risk being called anti-woman. The smart money got out years ago.
    1
  4. The panel is ignoring one other point about the legacy automaker... their gas cars are functionally better than their EVs and there is massive demands for certain models that they won't make enough of for some reason. Worse, they're using markups on their gas cars to offset the losses on substandard EVs that few people want. So for their popular models, they're overpricing and under-producing. All of this while trying to flog EVs that nobody wants, in an era of rising interest rates. To the viability of EVs, they will never be able to replace gas cars as long as they have lithium batteries. The energy density will never be there for lithium, and saying "next gen batteries will be out soon", is simply a pipe dream. Next Gen batteries are 10-20 years out because lithium battery plants make them now a legacy technology and no one willy simply replace their $9B battery plant quickly. And to Farzad, it's not so much the CEO needs a new yacht, if stock prices go down 90%, the overall value of the company disappears, and you can't raise equity to move to a new technology. I hear people say silly stuff like that all the time about "greedy investors and CEO". It just a silly meme for people who don't understand finance.
    1
  5.  @darriuscole8544  A component that goes into an EV.
    1