Hyundai Is Investing $35 Billion In Autonomous Driving And Electric Cars...

[RSchneider]

And thus, the crux of the problem! What we need is a Bill Gates type who wants to help the poor in this country by helping bring inexpensive, save, efficient transportation to them!

Nope. Bill needs to invest in a good public transportation system. Last thing you need to do is invest in something that people need to buy and be financed (which costs you even more). That does not help the poor out at all. Think about it. The Elio credit card has an unknown interest rate, unknown minimum payment and an unknown penalty for not making payments on time. What I see that it means is big bucks for the banks and shafting the poor. If you are poor, you will not have the $7450 plus unknown shipping charges sitting in a bank account. You have nothing and rely on lending.

Instead, you invest in trains and buses. That way you pay as needed and can't finance it. Think about it, last time you were in a poor area, what do you see dominates the landscape? Title loans and payday check cashing. Why? Because those people need the money and it's predatory lending. Remember all of those payday loans you used to see on TV? Just Google: "Scott Tucker" and see the life of a predatory lender. He's now behind bars but he lived the life of dreams for a long time. It's even his second time behind bars too. His brother committed suicide just hours before an FBI raid of their financial records. He pretty much knew what was going to happen.

 

[Ty]

Nope. Bill needs to invest in a good public transportation system. Last thing you need to do is invest in something that people need to buy and be financed (which costs you even more). That does not help the poor out at all. Think about it. The Elio credit card has an unknown interest rate, unknown minimum payment and an unknown penalty for not making payments on time. What I see that it means is big bucks for the banks and shafting the poor. If you are poor, you will not have the $7450 plus unknown shipping charges sitting in a bank account. You have nothing and rely on lending.

Instead, you invest in trains and buses. That way you pay as needed and can't finance it. Think about it, last time you were in a poor area, what do you see dominates the landscape? Title loans and payday check cashing. Why? Because those people need the money and it's predatory lending. Remember all of those payday loans you used to see on TV? Just Google: "Scott Tucker" and see the life of a predatory lender. He's now behind bars but he lived the life of dreams for a long time. It's even his second time behind bars too. His brother committed suicide just hours before an FBI raid of their financial records. He pretty much knew what was going to happen.

Partly right. In big cities, public transportation makes sense even if every single public transportation method loses money and costs those same poor workers their tax money. No, public transportation doesn't work in rural areas... think poor areas in the South especially. However, pump out a crap ton of cheap cars and when those get traded in, you'll have inexpensive newish cars for the poor. I don't expect a 2-3 year old Elio to cost more than $2,000 or so. Sure, there may be a loan involved but I'm thinking of the people driving used 1980s/90s sedans that I see around. Electric vehicles, right now, are so expensive that even used, they are pretty expensive. Eventually, they'll be cheap enough but we aren't there yet.

I, for one, feel no need to subsidise a transportation mode that has been underutilized and tax payer supported everywhere I've lived. Granted, I haven't lived in any big city and I don't want to, either. Let those people support their own transportation. Call it a cost of living in a big city, if you will.

 

[RSchneider]

Partly right. In big cities, public transportation makes sense even if every single public transportation method loses money and costs those same poor workers their tax money. No, public transportation doesn't work in rural areas... think poor areas in the South especially. However, pump out a crap ton of cheap cars and when those get traded in, you'll have inexpensive newish cars for the poor. I don't expect a 2-3 year old Elio to cost more than $2,000 or so. Sure, there may be a loan involved but I'm thinking of the people driving used 1980s/90s sedans that I see around. Electric vehicles, right now, are so expensive that even used, they are pretty expensive. Eventually, they'll be cheap enough but we aren't there yet.

I, for one, feel no need to subsidise a transportation mode that has been underutilized and tax payer supported everywhere I've lived. Granted, I haven't lived in any big city and I don't want to, either. Let those people support their own transportation. Call it a cost of living in a big city, if you will.

I beg to differ. I travel all over the world and even rich countries use rural transportation. Poor countries do to. Yes it needs to be taxed but in America we have got used to eliminating public transportation and feel that the car is the only way to go. To top it off, when you go to poor rural areas, people do not spend money like we think they should. They still drive pickups when they could easily buy a used Prius, yet they do not. Go to plants in the south and people seem to love pickups. I have suggested a number of times when those workers complain that they are broke and gas is too high, that they should get a used Prius and save money. Their response is "I will never be seen in that (insert 4 letter words here) car." Show them a pic of an Elio and it's even worse. mostly about how they flip over and are dangerous.

In the end, we can tell Americans the best way to live but from what I have realized, they do not like to be told what to do. It's no different in the EU countries too. As for the 3rd world countries, the Elio would never survive and thus they use public transportation. If I'm wrong, then investors would be lining up behind Elio and as we have seen over the years, not a single large investor has helped Elio for the last 10 years. Only small time investors. Elio has tried all of the bases (being green, helping the poor etc.) Even Ari mysteriously calculated how an Elio can save someone over $17K a year. Even at those calculations, no investors. He even contacted Bill Gates and no response.

We were all over Warren Buffett and he has an in with Elio as Pat uses Warren as his Rabbi. So hopefully Paul uses Warren as his Rabbi and gets that money. Paul has a direct line to a massive amount of money and it should have been done back in may 2018. You have to ask yourself, "Why hasn't this happened?"

 

[Ty]

I beg to differ. I travel all over the world and even rich countries use rural transportation. Poor countries do to. Yes it needs to be taxed but in America we have got used to eliminating public transportation and feel that the car is the only way to go. To top it off, when you go to poor rural areas, people do not spend money like we think they should. They still drive pickups when they could easily buy a used Prius, yet they do not. Go to plants in the south and people seem to love pickups. I have suggested a number of times when those workers complain that they are broke and gas is too high, that they should get a used Prius and save money. Their response is "I will never be seen in that (insert 4 letter words here) car." Show them a pic of an Elio and it's even worse. mostly about how they flip over and are dangerous.

In the end, we can tell Americans the best way to live but from what I have realized, they do not like to be told what to do. It's no different in the EU countries too. As for the 3rd world countries, the Elio would never survive and thus they use public transportation. If I'm wrong, then investors would be lining up behind Elio and as we have seen over the years, not a single large investor has helped Elio for the last 10 years. Only small time investors. Elio has tried all of the bases (being green, helping the poor etc.) Even Ari mysteriously calculated how an Elio can save someone over $17K a year. Even at those calculations, no investors. He even contacted Bill Gates and no response.

We were all over Warren Buffett and he has an in with Elio as Pat uses Warren as his Rabbi. So hopefully Paul uses Warren as his Rabbi and gets that money. Paul has a direct line to a massive amount of money and it should have been done back in may 2018. You have to ask yourself, "Why hasn't this happened?"

Fair enough. We travel in different circles. I agree that in rural areas that trucks are prevalent. There just aren't as many good used cars as there used to be. Ford and GM stopping making inexpensive sedans probably won't help the used car market much, either.

 

[Samuel Gompers]

Partly right. In big cities, public transportation makes sense even if every single public transportation method loses money and costs those same poor workers their tax money. No, public transportation doesn't work in rural areas... think poor areas in the South especially. However, pump out a crap ton of cheap cars and when those get traded in, you'll have inexpensive newish cars for the poor. I don't expect a 2-3 year old Elio to cost more than $2,000 or so. Sure, there may be a loan involved but I'm thinking of the people driving used 1980s/90s sedans that I see around. Electric vehicles, right now, are so expensive that even used, they are pretty expensive. Eventually, they'll be cheap enough but we aren't there yet.

I, for one, feel no need to subsidise a transportation mode that has been underutilized and tax payer supported everywhere I've lived. Granted, I haven't lived in any big city and I don't want to, either. Let those people support their own transportation. Call it a cost of living in a big city, if you will.

It looks like you're talking to yourself, Ty. RS's posts disappeared by the time I logged in to reply. Not sure if he deleted them because he came to his senses, or if a mod swooped in. Believing in America and freedom leaves me thinking that we don't need self-appointed know-it-alls planning and running our lives for us.

 

[RSchneider]

It looks like you're talking to yourself, Ty. RS's posts disappeared by the time I logged in to reply. Not sure if he deleted them because he came to his senses, or if a mod swooped in. Believing in America and freedom leaves me thinking that we don't need self-appointed know-it-alls planning and running our lives for us.

All of my posts are here just like I intended. If the mods don't like them they will take them down and then warn me. That has not happened for about 6 months.

 

[Ty]

All of my posts are here just like I intended. If the mods don't like them they will take them down and then warn me. That has not happened for about 6 months.

I have no problems with your posts, if that means anything. I like debating points as you all know. Sometimes I'm right and sometimes ... hmm, not sure there are any others...

 

[RSchneider]

I have no problems with your posts, if that means anything. I like debating points as you all know. Sometimes I'm right and sometimes ... hmm, not sure there are any others...

We could be like when I'm in China and not allow differing views. In the end, we'd all just kick back, have a beer and talk about life. Maybe one day we will with Elio meetups where we have all of our Elios all customized. Thanks goodness for 3D printing because I could make a bunch of useless items I like for my Elio. Then you can look at it and say, "Why did you do that?" Then we could open another beer and chew the fat.

 

[Travelbuzz1]

Hyundai fuel cell semi concept makes the Tesla Semi look boring
https://www.msn.com/en-us/autos/new...a-semi-look-boring/ar-AAJuZdo?ocid=anaheimntp