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Old 07-17-2020, 01:56 AM
tjts1 tjts1 is offline
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Join Date: May 2009
Location: The slums of Beverly Hills
Posts: 8,057
The answer to the question nobody asked. Hey how's employment going at Daimler these days? I hear they issued another 15,000 pink slips last week. That $1.9 billion loss in Q2 sounded real fun. Talk about a company completely out of touch with the market. They're still wasting development dollars on this garbage while they fail to get one fully baked EV onto the market. Mercedes used to be THE industry leader. It invented new technologies and then everyone copied them years later. Now we're supposed to be impressed by some 700hp hot rod? Seriously, is this the best they can do? WTF went wrong with this company?

Back in 2009, Daimler invested $50 million for roughly 9% of Tesla’s stocks. It sold that stock in 2014 for $780 million. Anybody want to guess what that stock is worth today? Better yet imagine is Mercedes still had Tesla as a technology partner.

Sad
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Last edited by tjts1; 07-17-2020 at 02:16 AM.
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