Re:Electric vehicle battery prices are falling faster than e...
by dangus on Saturday November 18, 2023 @03:27PM
(#38324006)
How many labor hours could it possibly take to assemble a car that costs $5,000 retail? Probably a lot less than a more expensive car, right? A vehicle like that is going to be almost entirely assembled by robots.
$1000 in tariffs can pay an American factory worker’s total compensation for something like 15-20 hours.
The Suzuki Samurai’s cult following is irrelevant to this discussion, which is about vehicles that will sell in high quantities in the United States. You might as well tell me that Disney should start making biopics about famous computer scientists instead of their next Marvel movie.
I am talking about the cars that are the bread and butter of the business of the global automakers.
Also, if your “disrupt the industry” plan is to sell cheap stuff, you’re basically dooming yourself to have the lowest margins. A $5,000 car can only make $5,000. So you sell 10 shit boxes and Ford sells one F-150 and makes the same amount of money but on a higher profit margin because they only had to make one vehicle.
And again, the US market has spoken on cheap shitty vehicles. City cars struggle to survive and most have exited the market.
Ask all your family and friends what they think about their next car being a Nissan Versa or Chevy Spark with no options. How many of them drive something nicer and larger?
$1000 in tariffs can pay an American factory worker’s total compensation for something like 15-20 hours.
The Suzuki Samurai’s cult following is irrelevant to this discussion, which is about vehicles that will sell in high quantities in the United States. You might as well tell me that Disney should start making biopics about famous computer scientists instead of their next Marvel movie.
I am talking about the cars that are the bread and butter of the business of the global automakers.
Also, if your “disrupt the industry” plan is to sell cheap stuff, you’re basically dooming yourself to have the lowest margins. A $5,000 car can only make $5,000. So you sell 10 shit boxes and Ford sells one F-150 and makes the same amount of money but on a higher profit margin because they only had to make one vehicle.
And again, the US market has spoken on cheap shitty vehicles. City cars struggle to survive and most have exited the market.
Ask all your family and friends what they think about their next car being a Nissan Versa or Chevy Spark with no options. How many of them drive something nicer and larger?