I have to say that I am impressed with Carvana. We signed the paperwork to sell the Cascada yesterday, a Sunday. The payment for the car was in my bank account by 5 AM local time. (Yes, I was up at that hour. I usually am.)
It’s just one transaction, but Carvana seems to be able to function when so many American companies are unable to do so. Again, I wish they sold “classic” cars, but I am not buying anything in the near future, anyway.
Some photos to start the week:
No points for guessing where we had lunch yesterday.
The cloud in the center looks like a big head to me. I never said I was sane.
A link to a CNBC piece that warmed my heart: “Facebook scrambles to escape stock’s death spiral as users flee, sales drop.” Laura Martin, an analyst at Needham, said, “I’m not sure there’s a core business that works anymore at Facebook.”
Not all automobile executives are jumping on the EV bandwagon. In another article that brightened my day, this piece from Hagerty reported on Toyota CEO Akio Toyoda’s continuing skepticism over “pie in the sky mandates” such as the one issued by California in August, six days before asking EV owners to reduce their charging because the grid couldn’t handle it. What the hell, here’s a big chunk of the article:
“Speaking with reporters during a dealer meeting in Las Vegas, Toyota CEO Akio Toyoda expressed skepticism over pie-in-the-sky mandates such as California’s total ban of gasoline-powered cars in the state by 2035, according to a report from Automotive News. The mandate, which was recently adopted by Washington state and even more recently New York state, doesn’t seem possible, according to Toyoda. “Realistically speaking, it seems rather difficult to achieve that,” he said. Electric vehicles are “Just going to take longer than the media would like us to believe,” he continued.”
“This isn’t the first time that Toyoda poked holes in what many believe to be the future of the automobile. In September of last year, Akio Toyoda expressed similar skepticism about the inevitability of autonomy as well as the electric revolution. While automakers [are] continuing to chase more efficient and eco-friendlier EVs, Toyoda’s remarks feel like a welcome reality check for the prevailing market forces that seem to think the various issues with EVs—where the materials come from and the rising costs of battery vehicles in general, to name a few—will magically sort themselves out in a few short years.”
A welcome reality check, indeed.
Another CNBC article, this one about the 10 least popular US states to move to. Only one state surprised me on the list.
The 10 least popular states to move to in 2022:
- New Jersey
- New York
- Rhode Island
Utah was first in percentage gain in population among all states from 2010 to 2020 so its inclusion here is surprising to me. States 1-5 are all high tax jurisdictions. When they can, people vote with their feet. In a federal republic states are allowed to have different tax regimes. I have lived in two of these ten states and would NEVER live in either one again.
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