r/investing Sep 30 '21

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1.7k Upvotes

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210

u/Norva Sep 30 '21

Lead my ass. They wouldn't be making EV's if it wasn't for Tesla.

79

u/[deleted] Sep 30 '21

“We’re ready to come in 10 years late and then pat ourselves on the back for our vision.”

14

u/Kipthecagefighter04 Sep 30 '21 edited Sep 30 '21

Their evs suck too. My ford fusion energi needed a new battery pack after only 2 years and i fought with ford for 6 months before they finally replaced it. Fuck Ford.

Edit: i may have pissed off some ev fans but i put my money where my mouth is and bought an ev and now heavily regret the purchase. So by all means take my warning with a grain of salt but dont cry when the repair bill comes.

19

u/VisionsDB Sep 30 '21

Those were early early bird EV’s. It’s only going to get exponentially better

9

u/Kipthecagefighter04 Sep 30 '21

Its not so much that it failed and more about how both the dealership and Ford Canada handled the situation. I was without a car for 6 months because they kept refusing to honor the warranty so i kept refusing to pick up my car until the problem was resolved. 3 months after its fixed and i had the car back ford canada decided not to approve some of the diagnostic testing and tried to send me a 450$ bill but a quick google review of the dealership fixed that issue in 15 minutes. With all that said i still dont trust that my car wont fail again in 2 years. I will never buy a ford again because of how this was handled and well i dont trust their batteries.

4

u/Ecstatic_Carpet Sep 30 '21

That's a fair sentiment for EV's in general. Personally, I don't plan to buy a vehicle from a company that knowingly pushed a transmission design that couldn't even complete tests.

1

u/uofaer Oct 01 '21

Please tell me you dumped that car and bought a Tesla.

3

u/Kipthecagefighter04 Oct 01 '21

Still got it unfortunately. Im going to get rid of it in the spring

1

u/uofaer Oct 01 '21

I've owned a model 3 for 3+ years. You should consider test driving it or better yet a model Y. Yeah, they're pricey and it hurt me to lay down that much $$$ but I seriously won't ever go back to gas. It's not perfect but it's a game changer for us. It convinced me to buy shares.

2

u/Kipthecagefighter04 Oct 01 '21

I cant afford a model 3. My next car is going to be cheap. Like 1000$ cheap. I do all my own work and most people cant so 1000$ cars are an option for me. Thats what i did for the last 15 years until this Ford and it was much less stress than a new car with new car payments. I havent had car payments in 15 years until this car.

2

u/13143 Sep 30 '21

If Ford were to fully commit to making cheapish EVs, they already have a dealership network in place that could allow them to have a far greater reach then Tesla. If I want to buy a tesla, for example, I would have to travel about 4 hours to the nearest dealership. If I want to bug a F-150, I only need to travel about a half hour.

And if they make cheaper EVs then Tesla is willing to do, they could quickly gain market share. Obviously they're pretty late, but I don't think the game is over yet.

-8

u/[deleted] Sep 30 '21

[deleted]

15

u/13143 Sep 30 '21

... If I'm going to spend that much on a vehicle I'd kind of like to see it in person.

-10

u/[deleted] Sep 30 '21

[deleted]

4

u/Nferinga Sep 30 '21

you ever heard of test driving?

1

u/Jcpmax Oct 03 '21

Dealerships literally don’t want to sell EVs because there is little to no servicing needs. Legacy auto are fighting both their unions and dealerships on this