AD #2862 – Tesla Wants New Plant ASAP; JLR Adapts Sign Recognition for Racing; Review of Hyundai’s Top-Line Kona

June 19th, 2020 at 12:02pm

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Listen to “AD #2862 – Tesla Wants New Plant ASAP; JLR Adapts Sign Recognition for Racing; Review of Hyundai's Top-Line Kona” on Spreaker.

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Runtime: 12:38

0:07 Help Jeep Create a New Easter Egg
0:45 Tesla Wants Its New Plant ASAP
1:29 U.S. Sales Increase Real or Just a Blip?
2:20 JLR Adapts Sign Recognition for Formula E Racing
3:02 Mustang Mach-E Helps Reduce Range Anxiety
4:06 VW Lets Visitors Assemble Cars
4:53 Automated Parts Robots Surprisingly Sophisticated
6:08 All-New Citroen C4 More Crossover-Like
7:06 EPA Rates Polestar 1 at 52 Electric Miles
7:48 2021 Acura TLX 1st to Get Newly Developed Airbag
8:15 New Online Platform for Classic Car Dealers
8:55 Nash Doesn’t Travel Far to Final Resting Place
9:24 Hyundai Kona Ultimate Review

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37 Comments to “AD #2862 – Tesla Wants New Plant ASAP; JLR Adapts Sign Recognition for Racing; Review of Hyundai’s Top-Line Kona”

  1. Dale Leonard Says:

    Texas will soon be the New Detroit !!

  2. JWH Says:

    Ford Bronco release date – Per a Detroit Free Press notification, Ford is revising the Bronco release date to July 13th from the previous July 9th.

  3. Ken Says:

    Looks like land value is dirt cheap outside Austin, TX. 2,100 acres for $5 million comes to just $2,380 an acre.

  4. Kit Gerhart Says:

    3. I guess it’s cheap, because it isn’t good for growing corn and soybeans. Some land near me in Indiana recently sold for about $10,000 an acre.

  5. cwolf Says:

    It should be no surprise oil reserves are full to the brim but wasted no time jacking up station prices up to $2/gal. around here.

  6. cwolf Says:

    correction: make gas prices $2.10/gal

  7. Roger T Says:

    I heard the land deal in Texas is lease with option to buy, which was not exercised.

  8. Kit Gerhart Says:

    I wonder if Texas is giving Elon lots of free money, like Indiana did to get a Honda plant a while back.

  9. Larry D. Says:

    1 Much BETTER than Detroit, I hope.

    2. Nothing is free. They do not give incentives out of the goodness of their hearts. They do it because it is in their own best interests.

    5, 6 that is still DIRT CHEAP.

  10. Larry D. Says:

    BMW is to cut TEN THOUSAND (that is 10,000) Jobs.

    Tesla haters, try real hard to guess why. LOL.

  11. Larry D. Says:

    Today PBS Newshour said the markets were mixed. In fact they were down, since the Dow lost 1%, the SP500 also lost, and the NASDAQ went up just a tiny bit. BUT when I just a minute ago checked my investments, there was another healthy gain, largely due to the gift that keeps on giving, a $19k+ gain in my Biotech funds, which are now at the same level as my three times as much investment in the excellent but not focused Magellan Fund.

  12. Larry D. Says:

    https://www.ft.com/content/a26fbf7e-48f8-11ea-aeb3-955839e06441

    CV update. Another dishonest reporting by the PBS lefties, that most of recent deaths are in “The Americas” instead of telling the TRUTH, ie, that the USA has now less than 13% of the deaths, while LATIN America has almost 50% of world deaths! (45% is the latest from Kit’s FT site)

  13. Larry D. Says:

    https://www.thetruthaboutcars.com/2020/06/what-the-hell-wall-street/

    Μore on that plagiarist “NIKOLA” joke.

  14. Kit Gerhart Says:

    9. Yeah, they think it is their best interests. Sometimes it works out that it is, but sometimes not.

    12. Latin America can’t have even close to 50% of world covid deaths. The total is less than, to about the same as the U.S. Brazil is quickly catching up to the U.S., though.

    https://www.statista.com/statistics/1103965/latin-america-caribbean-coronavirus-deaths/

  15. Kit Gerhart Says:

    12,14. …unless you are talking about current new deaths. That could be different, given what’s going on, especially with Brazil.

  16. ChuckGrenci Says:

    I noticed in my local newspaper today that the S.C. BMW plant had recently made (June 6, 2020) their 5 millionth vehicle. I thought I knew a little about the plant, and apparently that is true (I knew a little), as I had no idea they had produced as much. That is quite an accomplishment; the 5M’th is an X5 and will be retained for their museum on site.

  17. Kit Gerhart Says:

    16. They’ve been there for ~25 years, but still, that’s an impressive number of vehicles. They make most of the “X” crossovers for all markets at the SC plants. At one time they made cars there, including 3 series, Z3, and maybe Z4, but now make only Xs there.

  18. Kit Gerhart Says:

    17 continued.

    I also found that ~70% of BMW’s SC production is exported. The US is the largest single market for any of those “X” vehicles, but I was surprised that the percentage exported was that high. When you have them going to 100 different countries it adds up.

  19. Larry D. Says:

    Saw the latest C&D today, it had its 25 best cars of ALL TIME. Deservedly, the tesla S was there but not the model 3, which should also be there for different reasons. One of the 25 was my very satisfactory 1988-91 Civic and CRX (they even included the sedan. We had a far more practical than the tiny CRX, the 3 door Civic hatch, 1991-2016 when it was totaled.

    it also had the 1997-2003 5 Series which was the last generation of BMWs that looked good. They had many more Bimmers, even the less attrative bungled 2006 3 series.

    More interesting was their 1995 911 aND 911 tURBO. The last air cooled 911s for a while. Now 25 years old, they should be a little out of date electronic s-wise, but the Turbo had a more than adequate 412 HP. I may check their prices, I bet they are much higher thna later 911s that were water cooled.

  20. Larry D. Says:

    15 I am not saying anything of my own, just repeat the detailed data from the FT Site. The PBS news hour used to lament the high nos of US deaths every night back when NYC was a huge mess, but now that the total US deaths are only 13% of the world total (the recent day the FT link referred to), PBS did NOT reveal the good news, but said that “THE AMERICAS” have most of the deaths, a very dishonest and alarmist reporting, since 45% of the world deaths, as the FT ssid, were in LATIN america and only 13% were in the US. It’s crystal clear, and it is just one of the many objectionable things int heir reporting, with public funding.

  21. Kit Gerhart Says:

    19. I guess that article isn’t on-line yet, or at least google didn’t find it.

    Yeah, the later air cooled 911s are worth more than the earlier liquid cooled ones. Check out the pre-911 cars, though, the ones with the mildly hopped up VW Beetle engines. They are worth from ~$70K to well over $100K, depending on actual model.

  22. Kit Gerhart Says:

    20. Brazil has overtaken the US in number of new CV deaths, raw numbers, and is much higher in per-capita new deaths. Chile is higher yet per capita.

    https://ig.ft.com/coronavirus-chart/?areas=swe&areas=dnk&areas=deu&areas=usa&areas=bra&areas=chl&areasRegional=usny&areasRegional=usnj&areasRegional=usfl&areasRegional=usin&areasRegional=usok&areasRegional=ustx&cumulative=0&logScale=1&perMillion=0&values=deaths

  23. Bob Wilson Says:

    From the web link:

    “The Detroit Police and Fire Pension Fund that filed the suit is seeking agreement from the court that Tesla’s board is receiving excessive compensation, and for the directors to return funds to the company.”

    “Walmart was also the recipient of a new lawsuit from the Detroit Police and Fire Pension Fund, as well as the Norfolk County (Massachusetts) Retirement System, which allege that the company failed to monitor the sales of opioids, notorious for being highly addictive destructive to their abusers’ lifestyles.”

    So how many shares do they have in Tesla and Walmart?

  24. Larry D. Says:

    yestarday I picked up my 1988 R&T summary of all models for that year, and looked up the Fiero and the Pontiac Le Mans (which may have been an Opel Kadett clone, but was built in Korea). The tiny 2 seater Fiero was selling at almost twice of the $5,999 the le mans was going for, AND the two cars had almost identical lengths, despite the fact the Fiero was a 2-seater with a tiny trunk and the Le Mans was a 5 seater with a real trunk. Both were 163″ long but the Fiero was about 4 ” wider than the tiny Lemon (could not resist). What a ripoff that Fiero was. You could pay just $1k more and get a V8 Camaro or Firebird, with twice the cc of the 2.5 4 of the Fiero.

  25. Larry D. Says:

    23 What’s for sure is that Musk does not pay himself one dime, but the shareholders agreed on a MErit pay scheme if the company valuation would be more than 100 billion, I believe, he would make out like a bandit, and of course he already did, long before the stock hit $1,000, and he keeps making even more billions.

    That by itself is a very strong reason to buy the stock, Imagine Mary Barra or Hackett at Ford to forego their utterly undeserved $22 mill every year in favor of a performance, merit compensation.

    But there are other reasons I would not buy the stock (and so far I have not), one being I have stopped buying individual stocks back in 2000, and 2nd and most important, I think Musk is a dreamer and not a profit maximizer, and his number one priority is NOT to serve me, (the shareholder) and maximize my profits, but instead achieve his non-financial goals in BEVs, Space etc. Third, every time you buy one stock and not the whole market or at least the industry of that stock, you expose yourself to UNneccessary risks, on top of the unavoidable risks of being in the market.

  26. Larry D. Says:

    22 Mexico is also rising very fast in fatalities, it will soon surpass the big Euro high fatality nations like Italy and esp Spain and France. But other lat am nations like Peru et al have recent high death numbers.

    19 I saw the issue at the supermarket mag stand, it has a red cover with a Ferrari-like Silver horse on it.

  27. Larry D. Says:

    https://www.youtube.com/watch?v=cH79SuivdAQ&feature=youtu.be&fbclid=IwAR3SqS3fSfytJXEb4rkRJABgXAtfWvcYeDf7jfQPpqGCiVZgGVKe1nP7VMY

    Jay checks out the Model Y.

  28. Larry D. Says:

    27 Watching it now with low battery, may have to finish later, but so far I fully agree with Jay and his point of view. Joe and the other Tesla Haters and Deniers here should listen to this video 3 times so they can learn something. main points, Jay uses his Teslas all the time, bulletproof reliability, and ZERO maintenance, on top of MIND BLOWING PERFORMANCE (if you know your physics, you would understand why).

    Just imagine if all your home appliances, who, in electric form, run failure-free for 33 years, were replaced with dirty, smelly ICE versioons. LAUGHABLE!

  29. JoeS Says:

    I’ve never had anything run failure-free for 33 years.

  30. Lambo2015 Says:

    28 My parents actually had a gas stove that operated over 33 years without a problem.
    Actually wasn’t dirty or smelly. It was a flush top built in and was still working fine when it was finally removed during a kitchen remodel. So imagining it is pretty easy. Don’t much care for electric stoves.

  31. Kit Gerhart Says:

    28,30. I currently have a 56 year old electric range, 40 year old refrigerator, 36 year old electric drier, and 30 year old washing machine, all of which work.

  32. JoeS Says:

    I have old stuff but it’s all had to be worked on at some time in its life. I’ve even needed work done.

  33. Kit Gerhart Says:

    This is what my 1964 GE range looks like. It has never been repaired, that I know of. I inherited it about 18 years ago. It didn’t get much use over the last 18 years, until recently.

    https://www.automaticwasher.org/cgi-bin/TD/TD-VIEWTHREAD.cgi?50194_5

  34. Larry D. Says:

    31 Exactly. Because they are electric, not 19th century horse and buggy ICE dinosaurs. Plus they do not smell and do not pollute. I mentioned 33 years because I bought my condo-townhouse in 1987, and 33 years later I still have some of the original appliances, that were used already in 1987 so who knows how old my Furnace-heat pump or my clothes dryer are.

    PS Joe and JoeS are not the same commenters. I was talking about plain Joe, not JoeS.

  35. Larry D. Says:

    29 I had plenty, and I did not even buy them myself, the previous owner did. And the ones that I replaced it was not always because they failed. My Mitsu 19″ Bulky 1984 TV was still working 100% when I replaced it with a 55″ a week ago (!!!). 36 100% reliable years.

  36. Larry D. Says:

    Just finishing the Jay leno 30 ‘ Model Y video. Jay owns a Model S, which is also the only Tesla I’d buy for myself. He commented that the performance Model Y he drove cost HALF of what he paid for his model S back then.

    when the model S was unveiled in 2012-13, batteries were far more expensive than today (3 times more or more!) and I bet Tesla lost $ on every base $60k Model S they sold then, and even the pricier High-perf versions. If I was Musk, I would have WAITED couple years, knowing the trend in battery costs at the time.

  37. Kit Gerhart Says:

    Early on, they sold a low range Model S with a 40 kWh battery, as a “price leader.” That didn’t last long, as battery costs started coming down.

    https://www.fueleconomy.gov/feg/Find.do?action=sbs&id=33612&id=42285&id=42282&id=42474