[yokeyokey]

Tesla Model X has a 100kw battery and the price is 120k+ for starting. Rivian is 135kwh and costs $84k with the standard dual motor. The HUMMER EV SUV is probably 180kw or more and is around 80-110k but has an extra full spare wheel, rear wheel steering, 22 inch rims, 19.2kw onboard charger, and a mighty frame. Is GM losing money on these vehicles in order to maintain market dominance and eventually turn a profit a decade down the road?

 

[Calvin2518]

Totally conjecture here - but I feel they're limiting production on the Hummers because they're losing money and allocating battery resources to other more profitable units like the Lyriq instead.

 

[Dark-Fx]

Tesla's margins are way higher. I wouldn't be surprised to find out they are 2-3x higher than GMs.

 

[Tom E-Tron]

Tesla Model X has a 100kw battery and the price is 120k+ for starting. Rivian is 135kwh and costs $84k with the standard dual motor. The HUMMER EV SUV is probably 180kw or more and is around 80-110k but has an extra full spare wheel, rear wheel steering, 22 inch rims, 19.2kw onboard charger, and a mighty frame. Is GM losing money on these vehicles in order to maintain market dominance and eventually turn a profit a decade down the road?

Tesla is gouging, simple as that

 

[H3X]

Totally conjecture here - but I feel they're limiting production on the Hummers because they're losing money and allocating battery resources to other more profitable units like the Lyriq instead.

Bingo

 

[H3X]

Tesla is gouging, simple as that

In the US - yes, Tesla is still making good margin. In China they've had to retreat/cut prices, and their margins are being crushed. A little less so in Europe, but in the absence of a signifcant price cut like in China, they're losing marketshare to VW.

 

[Tom E-Tron]

Totally conjecture here - but I feel they're limiting production on the Hummers because they're losing money and allocating battery resources to other more profitable units like the Lyriq instead.

Lyriq is not more profitable than Hummer, clearly you don't understand manufacturing cost. Building a Hummer likely cost $20K more than Lyriq, but sells for $50K more, get it?

 

[H3X]

Lyriq is not more profitable than Hummer, clearly you don't understand manufacturing cost. Building a Hummer likely cost $20K more than Lyriq, but sells for $50K more, get it?

You are wrong. Follow the cells - they're prioritizing high trim Lyriq and Silverado EV production.

 

[Dark-Fx]

You are wrong. Follow the cells - they're prioritizing high trim Lyriq and Silverado EV production.

There have been zero saleable Silverado EVs.

 

[Tom E-Tron]

You are wrong. Follow the cells - they're prioritizing high trim Lyriq and Silverado EV production.

Wrong... Hummer has some engineering problems they are working through is the reason sales have been low. I have been talking to GM executives daily for the last 3 weeks about my Hummer EV, I know what is going on...

 

[H3X]

They've completely frozen Hummer EV production with no indication as to when it will start back up. Lyriq is in active production and is scaling up. Hummer production, when restarted, will most likely be a trickle. In the meantime, they're performing trial Silverado EV manufacturing at F0.

Let's get right to the heart of it - what is your prediction for Hummer EV sales in Q1? GM doesn't disclose production of individual models like Tesla does and we know they're sitting on the supposed 1000 units of inventory they built of the Hummer EV in November. Are those units even sellable?

Here's my number - they will sell 500 Hummers in Q1, the vast majority of which were built in 2022. They will sell more Lyriqs in Q1, probably around 700. I would guess that Lyriq will begin to eclipse the Hummer EV in Q2.

If I'm wrong and the numbers come in lower, there is no way GM is hitting their EV sales targets they've set forth for both 2023 and 2024.

 

[Tom E-Tron]

There have been zero saleable Silverado EVs.

Customer SilveradoEV not coming until March - April at the earliest, they have not even built VIN units yet, still building crushers.

 

[Tom E-Tron]

They've completely frozen Hummer EV production with no indication as to when it will start back up. Lyriq is in active production and is scaling up. Hummer production, when restarted, will most likely be a trickle. In the meantime, they're performing trial Silverado EV manufacturing at F0.

Let's get right to the heart of it - what is your prediction for Hummer EV sales in Q1? GM doesn't disclose production of individual models like Tesla does and we know they're sitting on the supposed 1000 units of inventory they built of the Hummer EV in November. Are those units even sellable?

Here's my number - they will sell 1700 Hummers in Q1, the vast majority of which were built in 2022. They will sell more Lyriqs in Q1, probably around 2000. I would guess that Lyriq will begin to eclipse the Hummer EV in Q2.

WRONG on most counts, Factory Zero is restarting Hummer soon at the highest rate so far, Factory Zero is building prototype SilveradoEV, still no VIN so they will all get recycled, I expect to see the captured fleet Silverado models start in Feb-March timeframe, customer models after that. I will be surprised to see any SilveradoEV WT go to a customer before May-June timeframe, which is Spring 2023.

Lyriq and Hummer have both been on stop sale, with different issues....

Everything you say is speculation, AKA keyboard warrior, no actual knowledge. Hummer and Lyriq may have very low Q1 numbers if the stop sale is not lifted soon, but that has nothing to do with production, production will continue.

GM does not talk about production, only sales. I can tell you though, there are still a lot of built shy vehicles in Flint and other places

 

[yokeyokey]

Wrong... Hummer has some engineering problems they are working through is the reason sales have been low. I have been talking to GM executives daily for the last 3 weeks about my Hummer EV, I know what is going on...

Is it the issue with the water leaking into the battery?

 

[Tom E-Tron]

Is it the issue with the water leaking into the battery?

That is one of them

 

[azbill]

Lyric sales for Q4 were 86 and I think Hummer was 85. How is that priority?

Edit - Hummer sales for Q4 was 72, still not far off the low Lyric number.

 

[H3X]

Put your money where your mouth is and write what you think Q1 and Q2 deliveries will be for Lyriq and Hummer.

GM can fake a lot of things, but delivery numbers (which impact the stock price) aren't one of them.

 

[Tom E-Tron]

Put your money where your mouth is and write what you think Q1 and Q2 deliveries will be for Lyriq and Hummer.

GM can fake a lot of things, but delivery numbers (which impact the stock price) aren't one of them.

Grow up... GM not faking anything, except in your pea brain. GM stock price rising, even with low Q4 Hummer and LYRIQ deliveries announced... So to your point, low deliveries boost stock price?

GM stock is rising, because GM dominated key segments in 2022, Sold the most Full Sized Trucks, and absolutely dominated Full Sized SUV's with 70%+ marketshare, those are the 2 most profitable segments GM participates in, and they won in both, therefore stock has risen.

 

[H3X]

Lotta talk for a guy who can't put pen to paper for delivery numbers for two quarters between two models to settle who is right about something. You pan yourself off as some insider but I can smell BS when I read it.

	2023-Q1 Deliveries	2023-Q2 Deliveries
Hummer EV	500	1200
Lyriq	700	1700

 

[H3X]

The stock hasn't done anything in five years -