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  1. Mr.Smith

    Porsche IPO very soon

    You make very good points that I agree with I see Porsche as the R&D arm of VAG that recoups the cost by sharing with the rest of the family. J1 being a small example by selling a piece to Audi for the E-Tron GT. Sharing and scale is more important than ever
  2. Mr.Smith

    Porsche IPO very soon

    Would you invest in Porsche as a public company? Will the brand be diluted? IMO Ferrari going public diluted the brand. VW confirms plan to list Porsche sports-car brand
  3. Mr.Smith

    Cross shopping w Lucid

    DOE loans kept them alive, Musk admits they were days away from BK, then another round of financing came in. They then got a FREE factory in Fremont. Now there are 4 factories that are very large & expensive, 2 are zombie factories. When financing is tight, access to capital is more difficult...
  4. Mr.Smith

    Cross shopping w Lucid

    Tesla is a stock promotion and their viability is based on raising money from the stock. Musk admitted he was weeks from BK in 2019, miraculously there was a "robotaxi" event as part of a $2.4b convertible offering, followed by subsequent ATM stock offerings to raise billions more. They sell a...
  5. Mr.Smith

    Cross shopping w Lucid

    Every OEM raises 10s in billions. I'm saying how you raise and when you raise dictates your financial health. Getting a mortgage on your home at the lowest rate vs having to go to a pawn shop. Serial Convertible bond issuing is not ideal (Tesla did this), but at the money secondaries is pawn...
  6. Mr.Smith

    Cross shopping w Lucid

    Tesla raised $12b and raises money though converts and now ATM secondaries, all for general corporate purposes (whatever that means) these are very negative signs. OEMs do bond offerings for a purpose. VW for more factories etc. Secondary offerings are not common for healthy companies Tesla...
  7. Mr.Smith

    Cross shopping w Lucid

    The fact that Lucid went public via SPAC wasn't a good sign, but this is the start of the end IMO. Lucid and Nikola move to raise additional funds as rising costs squeeze EV startups
  8. Mr.Smith

    BMW I4 M50 test drive

    That was me that made the statement . I have no doubt its for the Chinese market. Big grills are an Asian focused design language.
  9. Mr.Smith

    BMW I4 M50 test drive

    I was at a focus group for an new EV model being released to complete with the Taycan and it's class. The amount of details they go to understand what the potential buyer likes and hates is over the top. I asked the person conducting the study how the BMW grill was green lit. He was baffled...
  10. Mr.Smith

    Cross shopping w Lucid

    Your thoughts on ride quality and chassis compared to the Taycan?
  11. Mr.Smith

    BMW I4 M50 test drive

    If you don't have budget restrictions, get the Taycan
  12. Mr.Smith

    Plaid beats Taycan Turbo by 11 seconds around ring... will Porsche respond?

    I'm sure the Plaid was stock for the Ring "record" Raven loses brakes
  13. Mr.Smith

    Cross shopping w Lucid

    Excellent breakdown. No free lunch needs to applied to Tesla more often I cancelled my lucid order yesterday. Got the refund the next day
  14. Mr.Smith

    Cross shopping w Lucid

    It's impressive what Lucid has done, I admire their engineering and EV racing accomplishments. Yet no other OEM has decided to license Lucids technology. I drove the Grand Touring for over an hour, really pushed the car as much as allowable on the streets of LA. What stood out most was the ride...
  15. Mr.Smith

    Cross shopping w Lucid

    EV drive trains are all the same so what differentiates one model over another? A big part of getting a Porsche is for the driving dynamics and the feedback. The suspension of the Taycan is far superior to the Lucid with more feedback, handling, smother ride on the Taycan. Taycans steering...
  16. Mr.Smith

    Cross shopping w Lucid

    My spec is $139,000, June 1st it's $154,000 for the US
  17. Mr.Smith

    Cross shopping w Lucid

    Not sure if you drove the Lucid, but it's a different car. Don't forget their was a price increase this month on the Lucid. I'll will most likely get a refund by the end of the this month on my Grand Touring Forget heritage etc. I also have a different opinion on range/efficiency...
  18. Mr.Smith

    Rented a Model Y

    The suspension is total garbage in the 3/Y. Not sure how anyone that has any understanding of automobiles or experience in a decent car can drive these and fall in love with Tesla. You also feel like you're riding in a tin can. The only good part of the 3/Y is the low dash and Porsche like...
  19. Mr.Smith

    Will you test drive the Mercedes EQS?

    I got the SWB. I love the ride quality and visibility, but I can't stand the feeling of ICE. They did a remarkable job with the infotainment UI and the screen is very sharp Im ready for the BEV version asap
  20. Mr.Smith

    BMW I4 M50 test drive

    Can you feel the difference with the Taycan having the second gear when at higher speeds? I found the M50 coming alive after 60mph
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