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Re: GM shutting down [Re: Dirt] #7347014
09/03/21 06:11 PM
09/03/21 06:11 PM
Joined: May 2010
Posts: 10,485
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,485
MN
Originally Posted by jbyrd63
Yes my comprehension is great. In the business world "loss" earnings ARE counted as a loss ! Profit and losses are based on projections not so much actual gross / net earnings. You ever been part of a profit sharing or dividend plan. If so just look how it's calculated .If they forecast 4 billion in sales and they miss the goal it comes off the bottom line . In MOST cases. maybe not all.
I bet you they cry losses and want MORE Govment hand outs.


Sigh. None of that gibberish is right. Well except for maybe the last sentence.

Originally Posted by Dirt
"The chip shortage issue isn't moderating to the extent that the Tesla bulls had hoped," said Dan Ives, tech analyst with Wedbush Securities and one of the analysts with a bullish forecast on Tesla shares. He said the delivery estimates have all been pushed back during the course of the last week.
Tesla did not respond to questions about the longer delivery estimates. In late July, CEO Elon Musk warned investors about problems with the supply of computer chips and other parts, telling them, "The chip supply is fundamentally the governing factor on our output. It is difficult for us to see how long this will last because ... this is out of our control essentially. It does seem like it's getting better, but it's hard to predict."
As for other parts, he cautioned, "For the rest of this year, our growth rates will be determined by the slowest part in our supply chain."


Imagine that, right from Elon's mouth.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: GM shutting down [Re: rex123] #7347093
09/03/21 07:56 PM
09/03/21 07:56 PM
Joined: Dec 2014
Posts: 2,478
Tug Hill, NY
S
Squash Offline
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Squash  Offline
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Joined: Dec 2014
Posts: 2,478
Tug Hill, NY
Originally Posted by rex123
Taiwan produces 80 percent of the worlds chips and they are working overtime. They were shut down for a week or or so months ago. The shortage is because of low car sales last year auto industries cut back on orders. Because of covid game and phone companies placed larger orders. This is along with water shortages in manufacturing the chips. They said it takes a large amount of water to make them and they have had a drought in their country causing a cut back in usage. That is over at this time.


Ammunition companies are working overtime as well, but where is it going ?

Re: GM shutting down [Re: jbyrd63] #7347377
09/04/21 12:59 AM
09/04/21 12:59 AM
Joined: Jan 2014
Posts: 7,694
Virginia
5
52Carl Offline
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52Carl  Offline
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5

Joined: Jan 2014
Posts: 7,694
Virginia
No worries. When those unemployed coal miners get done building all of the solar panels, they can start making chips...
Where's the problem?

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