[Russell]

Throughout 2023, the automotive industry isn’t collapsing, but it is undergoing a significant transformation that brings both challenges and opportunities. From the perspective of June 2024, here’s how someone might assess the situation:

1. Electric Vehicle (EV) Shift: Traditional automakers are rapidly transitioning to EVs. By 2024, companies like GM, Ford, and VW have expanded their EV lineups significantly.
2. Tesla’s Impact: Despite increased competition, Tesla remains a dominant force, pushing others to innovate faster.
3. Supply Chain Issues: The chip shortage that began in 2020 still affects production in 2024, though it’s improving.
4. Rising Costs: Inflation and material costs (especially for EV batteries) have squeezed margins.
5. China’s Role: Chinese automakers like BYD and NIO are gaining global market share, particularly in EVs.
6. Dealership Model Changes: Direct-to-consumer sales, popularized by Tesla, are being adopted by more brands.
7. Autonomous Driving: Progress is slower than anticipated, but companies like Waymo and Cruise are making strides.
8. Traditional Brands Adapting:
   a. Ford’s F-150 Lightning is boosting EV truck adoption.
   b. Toyota is finally embracing full EVs after hybrid success.
9. Industry Consolidation: Mergers and partnerships (like Stellantis, formed from FCA and PSA) are increasing to share EV development costs.
10. Job Shifts: While some ICE (internal combustion engine) jobs are lost, new roles in electronics and software are growing.
11. Environmental Regulations: Stricter emission rules in the EU, China, and some U.S. states are accelerating the EV transition.
12. Consumer Hesitation: High EV prices and charging concerns still deter some buyers in 2024.
13. Hydrogen’s Role: Toyota and Hyundai continue to invest in hydrogen fuel cells, offering an alternative path.

The industry isn’t collapsing but is in flux. Traditional companies that adapt quickly should survive, while those that don’t may struggle. It’s a pivotal time, with the outcome still unfolding as of June 2024.

https://www.youtube.com/watch?v=DdCI6lWAf14

[Russell]

FHA and VA LOANS are the only two mortgage options borrowers have to qualify and get approved on home loans during Chapter 13 Bankruptcy repayment. No other loan program allow borrowers to qualify for a mortgage loan while in a Chapter 13 Bankruptcy repayment plan. Not even non-qm loans.

[Russell]

The dollar is becoming worthless because the idiot FEDs ate printing it like it’s a bottomless pit. By doing so, the World 🌎 😪 ✨️ is losing respect for the leaders of the United States and the U.S. Currency is losing credibility. We need to literally replace every incompetent government elected, appointed, and hired official and replace them with no nonsense common sense people with half a brain. No more STUPID.

[Russell]

It’s all suppy versus demand. If a car is rare with limited production, and the public know that not everyone can have it, there’s a cost on bragging rights. A car is a car. What differentiates a million dollar car from a $30,000 car? The supply of the vehicle versus the demand.

[Russell]

Well said. You hit it right on. The older you get, the faster time goes by. Memory is the kicker. Did I do this, or did I call this person, and always forget something when you go grocery shopping so you need to go back again. I hears there’s many memory pills 💊 out in the marketplace.

[Russell]

Great song. True Classic.

[Russell]

The Lamborghini Reventón can be considered a good investment for several reasons:

1. Rarity: Only 20 units were produced for customers, making it extremely rare.
2. Brand Value: Lamborghini’s reputation for high-performance, luxury cars adds to its allure.
3. Appreciation: Limited production supercars often appreciate over time due to their exclusivity and desirability among collectors.
4. Design and Performance: The Reventón’s unique, jet-inspired design and powerful performance contribute to its lasting appeal.

However, as with any investment, market conditions and demand can vary, so it’s essential to conduct thorough research and consider all factors.

[Russell]

Great video. Love this guy’s podcast.

[Russell]

Gewürztraminer is an aromatic white wine grape variety that pairs very well with certain jelly bean flavors:

Floral/Spice Jelly Beans Gewürztraminer has distinctive floral aromas reminiscent of lychee, rose petals and ginger. Pairing it with floral jelly bean flavors like rose, honeysuckle or spice flavors like ginger or clove can highlight those aromatic notes in the wine beautifully.

Tropical Fruit Jelly Beans The wines made from Gewürztraminer often have ripe tropical fruit flavors like pineapple, mango and lychee. Tropical fruit jelly bean varieties like pineapple, mango, passionfruit and guava can accentuate those lush fruit notes.

Citrus Jelly Beans While not as pronounced, there can be zesty citrus notes like orange peel or grapefruit in some Gewürztraminers. Citrus jelly beans like orange, lemon or grapefruit can pick up on those bright citrusy accents.

The key is to look for jelly bean flavors that can intensify the natural aromatic and fruit-forward profile that this distinct grape variety is known for. Avoiding very tart or sour jelly bean varieties is advisable as they may clash. Start with just a few complementary flavors at a time to allow the wine’s complex aromatics to shine.

https://www.youtube.com/watch?v=xaLcs4gMkEU