General Elon Musk Fukkery Thread

Slim

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@NerdNash giving 2012 posters a bad wrap, all this c00ning, shucking and jiving :wow: . People was right about us 2012 sohh posters :mjcry:

:sadcam:

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Scientific Playa

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Wall St and Nasdaq have been pumping up Tesla stock while new vehicles are not selling.

Dealers Now Have Nearly Two Million New Cars Sitting On Their Lots​

Electric vehicles are leading the way when it comes to sitting unsold on dealer lots.​


By Andy Kalmowitz
Published Yesterday

Comments (200)

4b45da70c568555eb27a06e187c55e09.jpg

Photo: Brandon Bell (Getty Images)

New-vehicle inventory at dealers in the U.S. is continuing its slow and steady climb upward as production around the world recovers following the brunt of the pandemic. According to Automotive News, that trend was no different in June, and unsold electric vehicles are a big reason why.

Data from Cox Automotive, reported by Auto News, says that there are an estimated 1,953,512 vehicles sitting unsold on dealer lots right now. That works out to a 53-day supply – which is up 75 percent from the same time just one year ago. It’s also up very slightly from a month earlier when supply stood at 1,928,619 vehicles. Cox reportedly generates this data by looking at the sales rate from the previous 30-day period.

The big reason for this 53-day average supply comes down to one thing: EVs. According to the outlet, those vehicles have a 103-day supply. That makes it the only segment other than ultra-luxury and high-end luxury to have supplies on the other side of 100 days. However, Cox does point out that full-size cars were close at 99 days, but that’s not really that surprising.

On the flip side of the coin are compact and midsize cars and crossovers. They reportedly have the tightest inventories.

From Auto News’ reporting, it can be asserted that inventory levels were the lowest among lower-priced vehicles, and stock seems to grow in proportion with price. That’s not too much of a surprise. I mean, who really has the money to buy an expensive car right now? Exactly. No one does. Another interesting little factoid is that Toyota and Honda have nine of the top 10 nameplates with the smallest supply.

Auto News reports that among the seven automakers who still report monthly sales and inventory figures, six saw their days’ supply level increase last month between one and four days. Only Volvo stayed level.

So, if you want a deal on the car, we may not be where we were a few years ago, but things are starting to get back to normal-ish.



Paywall article from Auto News

New vehicle inventories up again, to 1.95 million​

New vehicle inventories continued their slow, steady recovery last month and stand at more than 1.95 million vehicles.​



inventory-MAIN_i_1.jpg



EVs Are Piling Up on Dealer Lots as Supply Outpaces Demand​

A study shows that the inventory of new EVs is almost double that of gas-powered cars.

 

greenvale

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Wall St and Nasdaq have been pumping up Tesla stock while new vehicles are not selling.

Dealers Now Have Nearly Two Million New Cars Sitting On Their Lots​

Electric vehicles are leading the way when it comes to sitting unsold on dealer lots.​


By Andy Kalmowitz
Published Yesterday

Comments (200)

4b45da70c568555eb27a06e187c55e09.jpg

Photo: Brandon Bell (Getty Images)

New-vehicle inventory at dealers in the U.S. is continuing its slow and steady climb upward as production around the world recovers following the brunt of the pandemic. According to Automotive News, that trend was no different in June, and unsold electric vehicles are a big reason why.

Data from Cox Automotive, reported by Auto News, says that there are an estimated 1,953,512 vehicles sitting unsold on dealer lots right now. That works out to a 53-day supply – which is up 75 percent from the same time just one year ago. It’s also up very slightly from a month earlier when supply stood at 1,928,619 vehicles. Cox reportedly generates this data by looking at the sales rate from the previous 30-day period.

The big reason for this 53-day average supply comes down to one thing: EVs. According to the outlet, those vehicles have a 103-day supply. That makes it the only segment other than ultra-luxury and high-end luxury to have supplies on the other side of 100 days. However, Cox does point out that full-size cars were close at 99 days, but that’s not really that surprising.

On the flip side of the coin are compact and midsize cars and crossovers. They reportedly have the tightest inventories.

From Auto News’ reporting, it can be asserted that inventory levels were the lowest among lower-priced vehicles, and stock seems to grow in proportion with price. That’s not too much of a surprise. I mean, who really has the money to buy an expensive car right now? Exactly. No one does. Another interesting little factoid is that Toyota and Honda have nine of the top 10 nameplates with the smallest supply.

Auto News reports that among the seven automakers who still report monthly sales and inventory figures, six saw their days’ supply level increase last month between one and four days. Only Volvo stayed level.

So, if you want a deal on the car, we may not be where we were a few years ago, but things are starting to get back to normal-ish.



Paywall article from Auto News

New vehicle inventories up again, to 1.95 million​

New vehicle inventories continued their slow, steady recovery last month and stand at more than 1.95 million vehicles.​



inventory-MAIN_i_1.jpg



EVs Are Piling Up on Dealer Lots as Supply Outpaces Demand​

A study shows that the inventory of new EVs is almost double that of gas-powered cars.

EV prices are ridiculous
 

nyknick

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Wall St and Nasdaq have been pumping up Tesla stock while new vehicles are not selling.
Tesla has a big advantage with their direct sales system, they don't have to deal with dealership markups and can adjust prices based on their supply.

Meanwhile dealerships have been marking up cars like crazy, 15 to 20k, and what do automakers do in response? Instead of punishing those dealers, they increase the MSRPs by 10-15k :beli: And then with EVs prices are even crazier.


 

Scientific Playa

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Prem Thakker/
July 14, 2023/2:26 p.m. ET

Twitter’s New Promise to Pay Content Creators Has One Big Catch​

A stream of Twitter’s verified users have reported big payments from the company, but take a closer look at who exactly they are.​

Elon Musk

NATHAN LAINE/BLOOMBERG/GETTY IMAGES

It was always leading up to this. The rife misinformation, the skewed financial incentives, the promises for something greater, something worthwhile, something of purpose: Musk’s acquisition of Twitter is now, for all intents and purposes, a multilevel marketing scheme:




Musk’s explanation comes after a stream of Twitter’s verified users—often far-right and conspiratorial ones—received thousands of dollars for helping bring eyeballs to embedded ads within Twitter’s interface.

As per Musk, the apparent big catch is that verified users only make money off of other verified users, creating what amounts to the combination of an MLM and conspiratorial echo chamber.

While some users like Brian Krassenstein—known first as an anti-Trump content factory, now as a generically liberal voice is also quite friendly toward the rest of the Twitter Blue community—have made money, many of the Twitter payments to “content creators” seem to have gone to users who have whipped up hateful and dangerous conspiracies. These users have also been at the forefront of implicitly or explicitly prodding more people to join the subscription program helping keep Musk’s Twitter Blue afloat.

Ian Miles Cheong, a far-right user who once used his massive platform to falsely identify an innocent Black man as the “number one suspect” in the shooting of two police officers, said he received over $16,000 from Twitter.

“I hear some asking, ‘Why aren’t liberals and leftists getting paid for Twitter? Why is it just people Elon seems to like?’” Cheong tweeted when announcing the news. “Oh I don’t know, could it be because they boycotted Twitter Blue, refused to sign up for monetization, and staged failed walkoffs to Mastodon and elsewhere?”

“Twitter Monetization For Creators Is REAL,” sensationalist provocateur Benny Johnson also celebrated, announcing his nearly $10,000 paycheck from the Big Tech elite billionaire.

“That’s insane! I need in on this,” one user tweeted in response.

“Just sign up for subscriptions in Twitter Blue — the rest happens automatically,” Johnson responded, spreading the good word about the product. “Really easy! Do it,” he urged. Johnson repeated such assurances of the billionaire’s lackluster product to similarly wistful repliers.

And such is the undergirding framework of Twitter: the few profiting most from Musk’s takeover ambling to enchant the many into buying into the whole scheme too. A scheme whose promises grow bigger the more that people join, but whose actual rewards remain largely at the top. Twitter, indeed, is an MLM.

The first rollout of paychecks comes after Musk’s competitor, Zuckerberg’s Threads, announced over 100 million sign-ups. Musk has maintained that the timing is coincidental, but something else to keep in mind is Musk often has not told the truth and is making up Twitter policy as he goes. “Any kind of content monetization we’ve done in the past was based on a revenue model,” one former Twitter executive who worked on creator partnerships said. “This just feels pulled out of thin air for a specific subset of creators that he wanted to placate.”
 
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