this post was submitted on 04 Apr 2026
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How did that happen? When I worked at the Fremont plant, we were only putting together vehicles that had already been sold. Did they swap from lean manufacturing to the normal, wasteful "just keep making shit perpetually" model? π€
They are cashing in production tax incentives and cooking the books. GM did the same thing 2008 before it all collapsed.
Elon was hoping everyone would just forget his antics.
Along with financial chicanery, the only part of GM that was profitable was GMAC. Their shitty cars are loss-leaders for a predatory finance operation.
Heβs trying to wrap it all under SpaceX and walk away with a bag when it goes public.