Wow, 6 months wait for a Chevy-Tahoe

"And Tesla had shortages in March that impacted production."


As I recall they were down for two days. But they still had record production.

As for Kia/Hyundai:
"Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.

Kia, South Korea's second-largest automaker, earned 398.6 billion won (US$358 million) in the three months ended March 31, it said in a regulatory filing Friday. The company reported net profit of 97.4 billion won the same period last year.

The maker of the Forte small sedan and Sorento compact crossover SUV said sales during the quarter rose 39% to 4.86 trillion won from 3.5 trillion won a year earlier.

Kia, which exports 65% of its domestic production, is an affiliate of Hyundai Motor Co. Together they form the world's fifth-largest automotive group.

Global sales volume soared 69% to 474,625 vehicles, compared with 281,000 last year."

Yosemite Sam1 wrote:
You mean make investments in chip makers, electric vehicle manufacturers and lithium mining companies.

Actually, short term, I would want to own companies that make the equipment that has to be installed in an IC manufacturing facility.

Groover wrote:

Yosemite Sam1 wrote:
A little bird told me this.

Is this because of chip shortage or signs of booming economy reported in business news today?

I am not sure how this thread got onto electric cars but as for the op's question, Both! And poor planning by GM, along with most other car makers. The only ones I know of that are not affected by the shortage are Tesla and Hyundai/Kia. They are both raking in the dough right now. Tesla's demand is so strong that they just put in a small price increase to capitalize on their market demand.

It is not a production drop off for Tesla. They had record production and sales in the first quarter but still can't keep up with demand.

SEOUL -- South Korea's Hyundai Motor Co. said on Friday it has decided to suspend production for two days starting on Monday at its Asan plant because of a chip shortage.

And Tesla had shortages in March that impacted production.

How much was the Tesla's 2020 profit? Almost $6B less than GM?

Yosemite Sam1 wrote:
A little bird told me this.

Is this because of chip shortage or signs of booming economy reported in business news today?

I am not sure how this thread got onto electric cars but as for the op's question, Both! And poor planning by GM, along with most other car makers. The only ones I know of that are not affected by the shortage are Tesla and Hyundai/Kia. They are both raking in the dough right now. Tesla's demand is so strong that they just put in a small price increase to capitalize on their market demand.

It is not a production drop off for Tesla. They had record production and sales in the first quarter but still can't keep up with demand.

theoldwizard1 wrote:
If you are lucky ! Some people are predicting that the chip shortage will not be resolved until 2023 !!

It's a cyclical issue, to be fixed in 2025.

Chip supply problem. Same as Ford announced week or two ago.

Yosemite Sam1 wrote:
I own them all and few swimming in red ink (for the moment, lol.

I find it more sensible to bet on the future instead of the past.

2oldman wrote:
x2. I own Tesla and I'm sticking with it.

I own them all and few swimming in red ink (for the moment, lol.

Yosemite Sam1 wrote:
You mean make investments in chip makers, electric vehicle manufacturers and lithium mining companies.

I did, LOL!

x2. I own Tesla and I'm sticking with it.

You mean make investments in chip makers, electric vehicle manufacturers and lithium mining companies.

I did, LOL!