To produce 3000 cars a week which is not possible and its not fully automated like he had stated they still need manpower which is really good because that means jobs but i think were not going to be talking about a 1000 units a week until youre right about the middle of the year we also have to remember we need sales and if theres no sales there then youre producing product that just sits and thats partly what temp and youre in the u. S. Where theres lots of vehicles sitting in different locations around the country you can look it up online but its looking at shorty Airforce Base and theyre just parked and thats not good you never want to build product thats not being sold youre better off having consumers wait but this is going to be a problem when he owes 1500000000. 00 back to the Chinese Government and you certainly dont want to take that money from the Chinese Government and not be able to pay it back and now also in china as regulators have now find japanese carmaker toyota 12.
A 1000 cars per week until mid 2020 so what do you think. I agree with i dont know initially theyre going to be delivering 15 cars by the end of the years we can say that he delivered cars in 2019 thats more of a publicity stunt than anything else but in reality initially must consider going to produce 3000 cars a week which is not possible and its not fully automated like he had stated they still need manpower which is really good because that means jobs but i think were not going to be talking about a 1000 units a week until youre right about the middle of the year we also have to remember we need sales and if theres no sales there then youre producing product that just sits and thats partly what temp and youre in the u. S. Where theres lots of vehicles sitting in different locations around the country you can look it up online which is a good surety Airforce Base and theyre just parked and thats not good you never want to build product thats not being sold youre better off having co
Timeline solidified for putting the max back into air, and get everything going again. Guy why now . Why not later, and why not earlier . George this is sort of the season where you see some of these changes happen. It seems like it was a little earlier than we thought it would happen. I personally think the faa timeline we got a couple weeks the pushing things into earliest midfebruary to get the max back into fleet, i think that had something to do with it. I think the star liner might have accelerated some of this. I think the star liner makes boeing look bad. It makes it look like things arent getting executed correctly at the company. Maybe that accelerated the change. Guy does this excel or at the process of getting the 737 max back into the air, though . George i dont think it shortens it at all. The risk we had is without boeing working for the faa, you extended that timeline, and i think they dont want to extend that timeline. To have a new face in the ceos chair and approache
Has been the trend we have been watching for quite some time future indicated 44 points by the dow. S p futures by 3. 5 this comes after we saw all three of the major averages sitting at new highs again on friday thats happened a lot recently the dow and the s p 500 up for the last seven of the last eight sessions nasdaq on an eightday winning streak and thats something that youre watching as we kind of rush into the Holiday Season here also look at whats happening in the treasury market. Youll see that right now the ten year looks like it is yielding 1. 91 just below 2 for the ten year we have some news breaking just literally in the past hour now. Report saudi arabia sentencing five people to death for the killing of Washington Post columnist jamal khashoggi, he was murdered of course in that saudi consulate in istanbul just last year by a team of saudi agents saudistate run tv saying three other people were sentenced to prison over the killings and reports say that the investigation
Lauren we come into year and these are some very Ambitious Goals that set for themselves and in the past houses performance didnt really give us any confidence and analysts now dont have any confidence in their execution for 2020 they predict that the shanghai factory probably wont be able to make model threes in high volumes many a 1000 cars per week until mid 2020 so what do you think. I agree with that i know initially theyre going to be delivering 15 cars by the end of the years we can say that he delivered cars in 2019 thats more of a publicity stunt than anything else but in reality initially one must consider going to produce 3000 cars a week which is not possible and its not fully automated like he had stated they still need manpower which is really good because it means jobs but i think were not going to be talking about a 1000 units a week until youre right about the middle of the year we also have to remember we need sales and if theres no sales there then youre producing a