Earlier quoted context omitted.
I was thinking of Anta Sports ( https://en.wikipedia.org/wiki/Anta_Sports ) which owns a lot of skiing/mountaineering stuff but I was remembering wrong. I guess you get good news every day!
I already don't buy Arc'teryx cause their stuff is way over priced but good to have yet another reason not to do so!
Auto manufacturer family tree: Who owns what?
131–140 of 171 posts
Re: Auto manufacturer family tree: Who owns what?
#132And a few months ago Tesla was valued more than all the brands on the list, combined. If that isn’t a sign of a stock market bubble I don’t know what is. https://www.cnbc.com/2020/12/14/tesla-valuation-more-than-ni...
When VW stocks went through the roof due to a short squeeze a few years ago, a very conservative German billionaire named Adolf Merckle saw that VW's stock value was ridicilously overpriced, so he decided to bet agains the stock. But the stock price went further up and stayed there long enough to make him lose all of his money. He then committed suicide.
Re: Auto manufacturer family tree: Who owns what?
#133Hyundai, kia and Genesis for instance, share the same ev platform.
Volvo and polestar too,with their EVs.
Audi, Vw, Porsche too have all launched EVs with surprisingly similar specs ( especially in terms of miles/kwh).
These ownership trees help explain why, clearly.
Re: Auto manufacturer family tree: Who owns what?
#134I always wanted something like this but for all companies. I feel like it would be a great tool to help people understand how giant conglomerates are actually a big part of what we consume. My favorite are outdoor clothing companies which almost all tie-in to the same Chinese investment fund. Or how glasses companies all belong to that one French conglomerate.
The French newspaper "Le Monde diplomatique" made a very interesting family tree for media ownership in France: https://www.monde-diplomatique.fr/cartes/PPA
Re: Auto manufacturer family tree: Who owns what?
#135Earlier quoted context omitted.
He's LEGALLY a founder (as per the lawsuit)... but I get your meaning.
He can call himself however he wants (he’s also completely unqualified to be called an engineer), but money cannot buy facts.
What qualifies someone as an engineer? Math? What kind of math?
Building stuff? What kind of stuff?
Writing code? What languages count and what languages don’t? Does CSS count?
Or are you talking about some kind of academic certification or standardized exam?
It seems like you are basing someone’s engineering prowess based on their personal, social, political antics.
Re: Auto manufacturer family tree: Who owns what?
#136Re: Auto manufacturer family tree: Who owns what?
#137Re: Auto manufacturer family tree: Who owns what?
#138Disclosure: I work for GM. Anything here is solely my own opinion or experience. Fun fact: Chevrolet kind of bought GM. https://www.history.com/this-day-in-history/gm-buys-chevrole... > "Still the owner of a considerable portion of GM stock, Durant began to purchase more shares in the company as his profits from Chevrolet allowed. In a final move to regain control, Durant offered GM stockholders five shares of Chevro…
TEL had been identified chemically in the mid-19th century, but General Motors had discovered its effectiveness as an antiknock agent in 1921, after spending several years attempting to find an additive that was both highly effective and inexpensive.
https://en.wikipedia.org/wiki/Tetraethyllead
Video treatment:
Re: Auto manufacturer family tree: Who owns what?
#139I know that Ford takes a lot of flak (deservingly in many cases) but I've always been very impressed by how consistently the company has seemingly been run. If I remember correctly, and I'm sure someone will correct me if I don't, they are the only one of the 'Big 3' American auto manufacturers to not need a bailout.
Watch Ford vs Ferrari to get an idea of what Ford is like. Also be aware that you are not their customer. Their dealers are their customers. This is why a Shelby with an MSRP of $60k goes for $90k, while a faster $72k MSRP Camaro goes for <$70k. Ford makes limited runs so dealers can put insane markups, while GM makes cars for people to buy. (Bonus, when GT350s' rear differentials overheated on the track, Ford said "…
The movie makes it look like scrappy Carroll Shelby and Ken Miles were simply smarter than the clowns at Ford but that's not the whole story.
Re: Auto manufacturer family tree: Who owns what?
#140Earlier quoted context omitted.
He can call himself however he wants (he’s also completely unqualified to be called an engineer), but money cannot buy facts.
> he’s also completely unqualified to be called an engineer What qualifies someone as an engineer? Math? What kind of math? Building stuff? What kind of stuff? Writing code? What languages count and what languages don’t? Does CSS count? Or are you talking about some kind of academic certification or standardized exam? It seems like you are basing someone’s engineering prowess based on their personal, social, politica…
Depends on the country. In some, it's a certification that comes with responsibilities, in others it's just a job. In any case:
1) he hasn't got anything that comes close to an engineering qualification (no, dropping off a Ph.D. after a a B.Sc. is not enough);
2) his job does not involve anything like an engineer's job, which is to "invent, design, analyze, build and test machines, complex systems, structures, gadgets and materials to fulfill functional objectives and requirements while considering the limitations imposed by practicality, regulation, safety and cost." [1]
He is very good at ordering people around, but there is no evidence that he did any of this at any point (though there is a lot of evidence that he got some underlings to do the boring work for him). Again, dumping a pile of money on someone to do it is not the same thing. I can respect that he did take some risks with his investments.
Even if you have an axe to grind and are frustrated by some people not considering software engineering as "proper engineering" (which is how I read your post, though Musk certainly is not a software engineer either), writing CSS for a living is closer to engineering than what Musk is doing.