KTM to file for Bankruptcy/ Self Restructuring on Friday

Tim507
Posts
3475
Joined
6/8/2010
Location
Oregon City, OR US
1/9/2025 6:24pm

PM is but a canary in a mine. Banking is going to change and change it must. The Banksters need to go! The banks are loosing or already have lost most of their teeth, it just hasn’t been disclosed to humanity. That is in process, moving slowly but surely.

The Banks are in a big arse quandary and it might be easier to take what they can (At the next PM meeting) as they also are heading to restructuring. Yes, (in our lifetime) banks will be restructured from being extortionist for the Elohim/Archons to being of service to humanity.

We are living in the most amazing times known to humanity!!!

1
13
Team403
Posts
602
Joined
12/21/2023
Location
Lago Vista, TX US
1/9/2025 6:37pm
Tim507 wrote:
PM is but a canary in a mine. Banking is going to change and change it must. The Banksters need to go! The banks are loosing...

PM is but a canary in a mine. Banking is going to change and change it must. The Banksters need to go! The banks are loosing or already have lost most of their teeth, it just hasn’t been disclosed to humanity. That is in process, moving slowly but surely.

The Banks are in a big arse quandary and it might be easier to take what they can (At the next PM meeting) as they also are heading to restructuring. Yes, (in our lifetime) banks will be restructured from being extortionist for the Elohim/Archons to being of service to humanity.

We are living in the most amazing times known to humanity!!!

Is this a Bot? 😂

7
1
1/9/2025 6:47pm
Tim507 wrote:
PM is but a canary in a mine. Banking is going to change and change it must. The Banksters need to go! The banks are loosing...

PM is but a canary in a mine. Banking is going to change and change it must. The Banksters need to go! The banks are loosing or already have lost most of their teeth, it just hasn’t been disclosed to humanity. That is in process, moving slowly but surely.

The Banks are in a big arse quandary and it might be easier to take what they can (At the next PM meeting) as they also are heading to restructuring. Yes, (in our lifetime) banks will be restructured from being extortionist for the Elohim/Archons to being of service to humanity.

We are living in the most amazing times known to humanity!!!

Team403 wrote:

Is this a Bot? 😂

It's his cry for help

cf27bd996c857220a129e70cc1d8bb13-3523829350

 

8
1
TbonesPop
Posts
3798
Joined
1/26/2010
Location
Gilbert, AZ US
Fantasy
1/9/2025 6:59pm Edited Date/Time 1/9/2025 6:59pm
yod292 wrote:

Why? So they can hire a bunch of incompetent Indians and put the company in an even worse spot?

TbonesPop wrote:
More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix...

More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix a completely broken and ignorantly corrupt government that's massively deep in debt and no corrective action in sight.   Time will tell in terms of how it works out, but +70 consecutive years of the same shit ain't fixing the same shit as that's a train completely off the tracks.    Looks not too far off from the KTM fiasco - or at least where KTM is headed, except they aren't a government agency that can just print more money to solve their immediate problems to kick the can down the road.

yod292 wrote:
Vivek is a scam artist. Go lookup how he made his money. Anyone who works in tech hates these two morons at the moment. Go lookup their...

Vivek is a scam artist. Go lookup how he made his money. 

Anyone who works in tech hates these two morons at the moment. Go lookup their H1B stance before you spout off that they are the saviors. 

I'm not a fan of either of them personally, but the proof is in the pudding - and what some people may think or say is nothing but their opinion.  Lots of techies don't like these guys because of their association with Trump, so I'm not putting stock into their opinions.  Lots of people in tech can't carry on a conversation outside of their smart phone.  I don't put much stock to ~80% of the people who work in tech think.  I do trust my son, who does and a few of my close friends and they have no issue with either person.  I'm an engineer and a business owner and have at least some level of appreciation of what it takes to start and build things from ground zero.  So while I may not like either of these guys personally, I do have some level of respect for what they have accomplished and are trying to do.  It's kind of funny.  2 years ago, liberals galore loved Elon.  Now, they hate him.  Hell, Musk is about as middle of the road independent as there is. 

6
7

The Shop

1/9/2025 7:40pm

KTM had to know this was coming .  MXA is constantly telling us how smart KTM is.  If thats true, and KTM is smart, that means they fully intended this to happen.  And they knew they could never pay those bills.  Theyre too “brilliant” to not know what was happening to them.  How can the bankruptcy judge be lenient with them?  The judge will say. So….you kept up this racing program? And how much does it cost?  While you werent paying the factory workers? Doesnt take an Austrian genius to figure out that Hes gonna say that KTM isnt showing any intention in paying back the debt AT ALL.

1
7
1/9/2025 9:45pm
KTM had to know this was coming .  MXA is constantly telling us how smart KTM is.  If thats true, and KTM is smart, that means...

KTM had to know this was coming .  MXA is constantly telling us how smart KTM is.  If thats true, and KTM is smart, that means they fully intended this to happen.  And they knew they could never pay those bills.  Theyre too “brilliant” to not know what was happening to them.  How can the bankruptcy judge be lenient with them?  The judge will say. So….you kept up this racing program? And how much does it cost?  While you werent paying the factory workers? Doesnt take an Austrian genius to figure out that Hes gonna say that KTM isnt showing any intention in paying back the debt AT ALL.

"How can the bankruptcy judge be lenient with them?"

They are in insolvency, allowing time for management sell creditors on a restructuring plan, the judge acts as an adjudicator, if the creditors don't agree, then they go into bankruptcy, that's when it becomes a fire sale, everything must go.

2
1
1/9/2025 10:24pm Edited Date/Time 1/9/2025 10:31pm
But it's interesting that they only took ownership of the 60-year old company in September, when PMG was already deep in financial straights. I wonder what...

But it's interesting that they only took ownership of the 60-year old company in September, when PMG was already deep in financial straights. I wonder what the story behind that is.

JMX82 wrote:

Maybe the company was already going under and KTM had to buy it to make sure that the part supply wouldn't dry up 

But, c'mon, it would be a crazy insane management choice to bail out a supplier and then to choose to let it bankrupt two months later, especially considering they already had nearly a year of advanced motorcycle inventory and were absolutely drowning in debt at the time of said bailout.

There's definitely more to it that we won't ever hear.

1/9/2025 11:35pm Edited Date/Time 1/9/2025 11:40pm
PMG needs to hire DOGE

PMG needs to hire DOGE

Demystifying the Department of Government Efficiency | WIRED

yod292 wrote:

Why? So they can hire a bunch of incompetent Indians and put the company in an even worse spot?

TbonesPop wrote:
More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix...

More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix a completely broken and ignorantly corrupt government that's massively deep in debt and no corrective action in sight.   Time will tell in terms of how it works out, but +70 consecutive years of the same shit ain't fixing the same shit as that's a train completely off the tracks.    Looks not too far off from the KTM fiasco - or at least where KTM is headed, except they aren't a government agency that can just print more money to solve their immediate problems to kick the can down the road.

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they have to put their personal feelings/politics aside and realize he is a net positive to society (a very high net gain). How can you dislike the guy?

-Eliminated millions of tons emissions into the atmosphere (Tesla)

-Saving lives with their FSD software (my Tesla has saved my life a couple times when I have dozed off) (Tesla)

-Trying to make full autonomous vehicles so people can rideshare and reduce more emissions and vehicles on the road (Tesla)

-Saving lives with their vehicles (safest on the road, 5 star ratings every category) (Tesla)

-Promoting free speech (1st Amendment). Eliminating censorship on X. Meta is now following suit

-Trying to reduce traffic (Boring company)

-Advancing space exploration and creating reusable rocket boosters (SpaceX)

-Saving stranded NASA astronauts with Crew Dragon Capsule at the space station when Boeing shits the bed (SpaceX)

-Creating an internet service that can be used anywhere, especially for poorer/rural areas and areas under distress (SpaceX, Starlink)

-Creating satellite-to- cell phone integration which save lives (SpaceX, Starlink)

-Military Defense (SpaceX, Starshield)

-AI advancement, soon to be integrated into Tesla vehicles (xAI)

-Brain computer interfaces for people with paralysis (Neuralink)

-I'm sure I'm forgetting something

5
26
Rotaholic
Posts
1721
Joined
4/2/2013
Location
NZ
1/10/2025 1:28am

I think he had something to do with the boring company that did underground tunnels. 

He also now the top ranked diablo video game player in the world, he was in the top 20 for ages with the other 19 being Chinese but now he is top dog, crazy. 

1
1
MxAddic
Posts
5308
Joined
11/24/2022
Location
NY US
1/10/2025 3:40am Edited Date/Time 1/10/2025 3:58am

It seems Pierer, Bajaj and CF all want majority ownership. That’s not going to happen.

The bankers don’t trust Pierer’s promise to pay? Imagine that…

1
2
MONEY.
Posts
14
Joined
12/10/2024
Location
Tuscon , AZ US
1/10/2025 8:02am

The upper level management at KTM are a lot like the Biden administration. They look out for themselves with complete disregard to the companies employees and dealers. The decision was made to cut jobs vs have the higher ups return their company vehicles at the end of 2024. I was told the CA office camaraderie is non existent and the employees still there are walking on egg shells knowing they could be cut today. John Hinz has failed at every other role within the company yet he was promoted to CEO since he will be Austrias puppet. Stevie wonder might as well be at the helm because employees are being led blind. Its a bummer to see this news in general but it really hits home when it starts effecting friends livelihoods and my local dealer of 26 years. If you attend A1 make sure to let the leaders of KTM NA in the press box know their number 1! 

10
8
JazzyJJ
Posts
1787
Joined
12/1/2020
Location
Nunya, WY US
1/10/2025 8:09am
yod292 wrote:

Why? So they can hire a bunch of incompetent Indians and put the company in an even worse spot?

TbonesPop wrote:
More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix...

More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix a completely broken and ignorantly corrupt government that's massively deep in debt and no corrective action in sight.   Time will tell in terms of how it works out, but +70 consecutive years of the same shit ain't fixing the same shit as that's a train completely off the tracks.    Looks not too far off from the KTM fiasco - or at least where KTM is headed, except they aren't a government agency that can just print more money to solve their immediate problems to kick the can down the road.

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they...

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they have to put their personal feelings/politics aside and realize he is a net positive to society (a very high net gain). How can you dislike the guy?

-Eliminated millions of tons emissions into the atmosphere (Tesla)

-Saving lives with their FSD software (my Tesla has saved my life a couple times when I have dozed off) (Tesla)

-Trying to make full autonomous vehicles so people can rideshare and reduce more emissions and vehicles on the road (Tesla)

-Saving lives with their vehicles (safest on the road, 5 star ratings every category) (Tesla)

-Promoting free speech (1st Amendment). Eliminating censorship on X. Meta is now following suit

-Trying to reduce traffic (Boring company)

-Advancing space exploration and creating reusable rocket boosters (SpaceX)

-Saving stranded NASA astronauts with Crew Dragon Capsule at the space station when Boeing shits the bed (SpaceX)

-Creating an internet service that can be used anywhere, especially for poorer/rural areas and areas under distress (SpaceX, Starlink)

-Creating satellite-to- cell phone integration which save lives (SpaceX, Starlink)

-Military Defense (SpaceX, Starshield)

-AI advancement, soon to be integrated into Tesla vehicles (xAI)

-Brain computer interfaces for people with paralysis (Neuralink)

-I'm sure I'm forgetting something

Has he done some good? Yes. Is he a snake oil salesmen? Yes

Both can be true 

8
3
Moto520
Posts
3624
Joined
2/4/2013
Location
Schaumburg, IL US
1/10/2025 8:11am
yod292 wrote:

Why? So they can hire a bunch of incompetent Indians and put the company in an even worse spot?

TbonesPop wrote:
More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix...

More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix a completely broken and ignorantly corrupt government that's massively deep in debt and no corrective action in sight.   Time will tell in terms of how it works out, but +70 consecutive years of the same shit ain't fixing the same shit as that's a train completely off the tracks.    Looks not too far off from the KTM fiasco - or at least where KTM is headed, except they aren't a government agency that can just print more money to solve their immediate problems to kick the can down the road.

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they...

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they have to put their personal feelings/politics aside and realize he is a net positive to society (a very high net gain). How can you dislike the guy?

-Eliminated millions of tons emissions into the atmosphere (Tesla)

-Saving lives with their FSD software (my Tesla has saved my life a couple times when I have dozed off) (Tesla)

-Trying to make full autonomous vehicles so people can rideshare and reduce more emissions and vehicles on the road (Tesla)

-Saving lives with their vehicles (safest on the road, 5 star ratings every category) (Tesla)

-Promoting free speech (1st Amendment). Eliminating censorship on X. Meta is now following suit

-Trying to reduce traffic (Boring company)

-Advancing space exploration and creating reusable rocket boosters (SpaceX)

-Saving stranded NASA astronauts with Crew Dragon Capsule at the space station when Boeing shits the bed (SpaceX)

-Creating an internet service that can be used anywhere, especially for poorer/rural areas and areas under distress (SpaceX, Starlink)

-Creating satellite-to- cell phone integration which save lives (SpaceX, Starlink)

-Military Defense (SpaceX, Starshield)

-AI advancement, soon to be integrated into Tesla vehicles (xAI)

-Brain computer interfaces for people with paralysis (Neuralink)

-I'm sure I'm forgetting something

The space exploration gives us all something to hope for!   

1
2
Team403
Posts
602
Joined
12/21/2023
Location
Lago Vista, TX US
1/10/2025 8:45am
MONEY. wrote:
The upper level management at KTM are a lot like the Biden administration. They look out for themselves with complete disregard to the companies employees and...

The upper level management at KTM are a lot like the Biden administration. They look out for themselves with complete disregard to the companies employees and dealers. The decision was made to cut jobs vs have the higher ups return their company vehicles at the end of 2024. I was told the CA office camaraderie is non existent and the employees still there are walking on egg shells knowing they could be cut today. John Hinz has failed at every other role within the company yet he was promoted to CEO since he will be Austrias puppet. Stevie wonder might as well be at the helm because employees are being led blind. Its a bummer to see this news in general but it really hits home when it starts effecting friends livelihoods and my local dealer of 26 years. If you attend A1 make sure to let the leaders of KTM NA in the press box know their number 1! 

That sucks - shame on KTM

1
2
MxAddic
Posts
5308
Joined
11/24/2022
Location
NY US
1/10/2025 8:58am

There can be no salvation until the master and his puppets are gone.

1
6
Hammer 663s
Posts
3078
Joined
6/2/2016
Location
Forest Grove, OR US
1/10/2025 8:59am Edited Date/Time 1/10/2025 9:04am
PMG needs to hire DOGE

PMG needs to hire DOGE

Demystifying the Department of Government Efficiency | WIRED

yod292 wrote:

Why? So they can hire a bunch of incompetent Indians and put the company in an even worse spot?

TbonesPop wrote:
More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix...

More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix a completely broken and ignorantly corrupt government that's massively deep in debt and no corrective action in sight.   Time will tell in terms of how it works out, but +70 consecutive years of the same shit ain't fixing the same shit as that's a train completely off the tracks.    Looks not too far off from the KTM fiasco - or at least where KTM is headed, except they aren't a government agency that can just print more money to solve their immediate problems to kick the can down the road.

LOL you clearly don't work in tech. Its flooded with people that talk a great game but don't really do shit. And there's a certain demographic that only cares about checking boxes - quality control, testing, and planning are foreign to them. They just wing undocumented change and hope it works, then hide when it doesn't. I deal with this every day. Frankly, in almost EVERY tech firm I've worked for in my 30+ years (and there are some big names on the list) anyone above the operational management layer is almost invariably a clueless, acronym-spouting, shiny-object chasing waste of profit. I'm retiring in a couple years thankfully. If the $$$$ wasn't so good I'd have left years ago.

My current mgmt chain has no clue what I and my team do. I could do almost nothing and not have it known, but that's not how I work. I run a tight ship and we have one of the best facilities in the business as my team buys into the "do it right the first time" vision. Surprisingly, my CFO is pretty competent and conversant in the technology I run. But he did come from the nuclear Navy so he has some background.

9
2
1/10/2025 9:17am Edited Date/Time 1/10/2025 9:18am
TbonesPop wrote:
More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix...

More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix a completely broken and ignorantly corrupt government that's massively deep in debt and no corrective action in sight.   Time will tell in terms of how it works out, but +70 consecutive years of the same shit ain't fixing the same shit as that's a train completely off the tracks.    Looks not too far off from the KTM fiasco - or at least where KTM is headed, except they aren't a government agency that can just print more money to solve their immediate problems to kick the can down the road.

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they...

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they have to put their personal feelings/politics aside and realize he is a net positive to society (a very high net gain). How can you dislike the guy?

-Eliminated millions of tons emissions into the atmosphere (Tesla)

-Saving lives with their FSD software (my Tesla has saved my life a couple times when I have dozed off) (Tesla)

-Trying to make full autonomous vehicles so people can rideshare and reduce more emissions and vehicles on the road (Tesla)

-Saving lives with their vehicles (safest on the road, 5 star ratings every category) (Tesla)

-Promoting free speech (1st Amendment). Eliminating censorship on X. Meta is now following suit

-Trying to reduce traffic (Boring company)

-Advancing space exploration and creating reusable rocket boosters (SpaceX)

-Saving stranded NASA astronauts with Crew Dragon Capsule at the space station when Boeing shits the bed (SpaceX)

-Creating an internet service that can be used anywhere, especially for poorer/rural areas and areas under distress (SpaceX, Starlink)

-Creating satellite-to- cell phone integration which save lives (SpaceX, Starlink)

-Military Defense (SpaceX, Starshield)

-AI advancement, soon to be integrated into Tesla vehicles (xAI)

-Brain computer interfaces for people with paralysis (Neuralink)

-I'm sure I'm forgetting something

JazzyJJ wrote:

Has he done some good? Yes. Is he a snake oil salesmen? Yes

Both can be true 

What Snakeoil?

1/10/2025 9:23am
yod292 wrote:

Why? So they can hire a bunch of incompetent Indians and put the company in an even worse spot?

TbonesPop wrote:
More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix...

More like, 2 highly successful, private industry, billionaire business people who started and escalated multiple companies to being extremely profitable, were brought in to help fix a completely broken and ignorantly corrupt government that's massively deep in debt and no corrective action in sight.   Time will tell in terms of how it works out, but +70 consecutive years of the same shit ain't fixing the same shit as that's a train completely off the tracks.    Looks not too far off from the KTM fiasco - or at least where KTM is headed, except they aren't a government agency that can just print more money to solve their immediate problems to kick the can down the road.

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they...

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they have to put their personal feelings/politics aside and realize he is a net positive to society (a very high net gain). How can you dislike the guy?

-Eliminated millions of tons emissions into the atmosphere (Tesla)

-Saving lives with their FSD software (my Tesla has saved my life a couple times when I have dozed off) (Tesla)

-Trying to make full autonomous vehicles so people can rideshare and reduce more emissions and vehicles on the road (Tesla)

-Saving lives with their vehicles (safest on the road, 5 star ratings every category) (Tesla)

-Promoting free speech (1st Amendment). Eliminating censorship on X. Meta is now following suit

-Trying to reduce traffic (Boring company)

-Advancing space exploration and creating reusable rocket boosters (SpaceX)

-Saving stranded NASA astronauts with Crew Dragon Capsule at the space station when Boeing shits the bed (SpaceX)

-Creating an internet service that can be used anywhere, especially for poorer/rural areas and areas under distress (SpaceX, Starlink)

-Creating satellite-to- cell phone integration which save lives (SpaceX, Starlink)

-Military Defense (SpaceX, Starshield)

-AI advancement, soon to be integrated into Tesla vehicles (xAI)

-Brain computer interfaces for people with paralysis (Neuralink)

-I'm sure I'm forgetting something

Vital Lynchmob Effect (VLE) is real. I listed a plethora of facts of all the value the guy has added to humanity and all I get is downvotes?

That goes to show what kind of society we have become...

1
12
JMX82
Posts
1573
Joined
5/9/2013
Location
Hyllykallio FI
1/10/2025 9:23am
LOL you clearly don't work in tech. Its flooded with people that talk a great game but don't really do shit. And there's a certain demographic...

LOL you clearly don't work in tech. Its flooded with people that talk a great game but don't really do shit. And there's a certain demographic that only cares about checking boxes - quality control, testing, and planning are foreign to them. They just wing undocumented change and hope it works, then hide when it doesn't. I deal with this every day. Frankly, in almost EVERY tech firm I've worked for in my 30+ years (and there are some big names on the list) anyone above the operational management layer is almost invariably a clueless, acronym-spouting, shiny-object chasing waste of profit. I'm retiring in a couple years thankfully. If the $$$$ wasn't so good I'd have left years ago.

My current mgmt chain has no clue what I and my team do. I could do almost nothing and not have it known, but that's not how I work. I run a tight ship and we have one of the best facilities in the business as my team buys into the "do it right the first time" vision. Surprisingly, my CFO is pretty competent and conversant in the technology I run. But he did come from the nuclear Navy so he has some background.

+1 to that. The management takes the all credit from the success what in reality their staff has created and most of them are totally clueless what we are even doing. But when there's a failure it's newer their fault even when failure is usually caused by ridiculous timetables and cost saving requirements which they have set themselves 😔 

6
1
Hammer 663s
Posts
3078
Joined
6/2/2016
Location
Forest Grove, OR US
1/10/2025 9:24am
Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they...

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they have to put their personal feelings/politics aside and realize he is a net positive to society (a very high net gain). How can you dislike the guy?

-Eliminated millions of tons emissions into the atmosphere (Tesla)

-Saving lives with their FSD software (my Tesla has saved my life a couple times when I have dozed off) (Tesla)

-Trying to make full autonomous vehicles so people can rideshare and reduce more emissions and vehicles on the road (Tesla)

-Saving lives with their vehicles (safest on the road, 5 star ratings every category) (Tesla)

-Promoting free speech (1st Amendment). Eliminating censorship on X. Meta is now following suit

-Trying to reduce traffic (Boring company)

-Advancing space exploration and creating reusable rocket boosters (SpaceX)

-Saving stranded NASA astronauts with Crew Dragon Capsule at the space station when Boeing shits the bed (SpaceX)

-Creating an internet service that can be used anywhere, especially for poorer/rural areas and areas under distress (SpaceX, Starlink)

-Creating satellite-to- cell phone integration which save lives (SpaceX, Starlink)

-Military Defense (SpaceX, Starshield)

-AI advancement, soon to be integrated into Tesla vehicles (xAI)

-Brain computer interfaces for people with paralysis (Neuralink)

-I'm sure I'm forgetting something

JazzyJJ wrote:

Has he done some good? Yes. Is he a snake oil salesmen? Yes

Both can be true 

What Snakeoil?

"We're gonna find $2T to cut!". That was BS when he said it, and he's already backed off. Just like the Orange Clown has decided lowering consumer prices is going to be tougher than he claimed. I'm also looking forward to them stopping the Ukraine/Russia war by Jan 7th. How do I know they are lying? Their lips are moving. No, I am not a Democrat. I used to be a Republican. Now I'm just disillusioned by the pervasive idiocy in our system.

20
3
Axlnut_KM3
Posts
117
Joined
11/20/2024
Location
EAST WATERFORD, PA US
1/10/2025 9:32am
JazzyJJ wrote:

Has he done some good? Yes. Is he a snake oil salesmen? Yes

Both can be true 

What Snakeoil?

"We're gonna find $2T to cut!". That was BS when he said it, and he's already backed off. Just like the Orange Clown has decided lowering...

"We're gonna find $2T to cut!". That was BS when he said it, and he's already backed off. Just like the Orange Clown has decided lowering consumer prices is going to be tougher than he claimed. I'm also looking forward to them stopping the Ukraine/Russia war by Jan 7th. How do I know they are lying? Their lips are moving. No, I am not a Democrat. I used to be a Republican. Now I'm just disillusioned by the pervasive idiocy in our system.

So I don't think you understand what a snake oil salesman is.

What is he trying to sell you (Musk) that isn't real, or do what it promises to do, IN WHOLE - IE, FSD being delayed doesn't mean you didn't get a whole ass car that otherwise does what it claims - 

To be a snake oil salesman, he needs to be offering you a bill of goods in exchange for currency, then not delivering. 

- Posted from Starlink, my only viable internet option that delivers exactly what it says on the box

2
2
Team403
Posts
602
Joined
12/21/2023
Location
Lago Vista, TX US
1/10/2025 9:34am

Anybody at press day at A1 - KTM vibes?

2
JMX82
Posts
1573
Joined
5/9/2013
Location
Hyllykallio FI
1/10/2025 9:39am
Vital Lynchmob Effect (VLE) is real. I listed a plethora of facts of all the value the guy has added to humanity and all I get...

Vital Lynchmob Effect (VLE) is real. I listed a plethora of facts of all the value the guy has added to humanity and all I get is downvotes?

That goes to show what kind of society we have become...

Elon is just a another guy who has been shouting the loudest in the meeting room. He has hired enough talented persons to do all the dirty work while he is getting credit and money from the work 

6
4
MPJC
Posts
2027
Joined
5/18/2017
Location
CA
Fantasy
1/10/2025 9:47am

This has gone off the rails with the Musk talk. He doesn't and won't ever care about KTM so arguing about what he could hypothetically do for them is childish, and arguing about whether or not he is a good guy is irrelevant (put it in non-moto). 

24
1
JazzyJJ
Posts
1787
Joined
12/1/2020
Location
Nunya, WY US
1/10/2025 9:54am Edited Date/Time 1/10/2025 9:55am
Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they...

Couldn't have said it better myself. There are correlations between PMG and the US Gov. And people can hate on Musk all they want but they have to put their personal feelings/politics aside and realize he is a net positive to society (a very high net gain). How can you dislike the guy?

-Eliminated millions of tons emissions into the atmosphere (Tesla)

-Saving lives with their FSD software (my Tesla has saved my life a couple times when I have dozed off) (Tesla)

-Trying to make full autonomous vehicles so people can rideshare and reduce more emissions and vehicles on the road (Tesla)

-Saving lives with their vehicles (safest on the road, 5 star ratings every category) (Tesla)

-Promoting free speech (1st Amendment). Eliminating censorship on X. Meta is now following suit

-Trying to reduce traffic (Boring company)

-Advancing space exploration and creating reusable rocket boosters (SpaceX)

-Saving stranded NASA astronauts with Crew Dragon Capsule at the space station when Boeing shits the bed (SpaceX)

-Creating an internet service that can be used anywhere, especially for poorer/rural areas and areas under distress (SpaceX, Starlink)

-Creating satellite-to- cell phone integration which save lives (SpaceX, Starlink)

-Military Defense (SpaceX, Starshield)

-AI advancement, soon to be integrated into Tesla vehicles (xAI)

-Brain computer interfaces for people with paralysis (Neuralink)

-I'm sure I'm forgetting something

JazzyJJ wrote:

Has he done some good? Yes. Is he a snake oil salesmen? Yes

Both can be true 

What Snakeoil?

Well first off he didn't start PayPal or Tesla like he makes it seem. He also has never hit a deadline(interest free deposits anyone). Still waiting on these dream tunnels to save us from traffic. Oh, and the SolarCity bond buyout which was illegal to bailout family members using Tesla and SpaceX funds. There's plenty more examples but that's just off the top of my head. 

5
2
JazzyJJ
Posts
1787
Joined
12/1/2020
Location
Nunya, WY US
1/10/2025 9:55am
MPJC wrote:
This has gone off the rails with the Musk talk. He doesn't and won't ever care about KTM so arguing about what he could hypothetically do...

This has gone off the rails with the Musk talk. He doesn't and won't ever care about KTM so arguing about what he could hypothetically do for them is childish, and arguing about whether or not he is a good guy is irrelevant (put it in non-moto). 

Good call, will end that now

1
Team403
Posts
602
Joined
12/21/2023
Location
Lago Vista, TX US
1/10/2025 9:57am
LOL you clearly don't work in tech. Its flooded with people that talk a great game but don't really do shit. And there's a certain demographic...

LOL you clearly don't work in tech. Its flooded with people that talk a great game but don't really do shit. And there's a certain demographic that only cares about checking boxes - quality control, testing, and planning are foreign to them. They just wing undocumented change and hope it works, then hide when it doesn't. I deal with this every day. Frankly, in almost EVERY tech firm I've worked for in my 30+ years (and there are some big names on the list) anyone above the operational management layer is almost invariably a clueless, acronym-spouting, shiny-object chasing waste of profit. I'm retiring in a couple years thankfully. If the $$$$ wasn't so good I'd have left years ago.

My current mgmt chain has no clue what I and my team do. I could do almost nothing and not have it known, but that's not how I work. I run a tight ship and we have one of the best facilities in the business as my team buys into the "do it right the first time" vision. Surprisingly, my CFO is pretty competent and conversant in the technology I run. But he did come from the nuclear Navy so he has some background.

JMX82 wrote:
+1 to that. The management takes the all credit from the success what in reality their staff has created and most of them are totally clueless...

+1 to that. The management takes the all credit from the success what in reality their staff has created and most of them are totally clueless what we are even doing. But when there's a failure it's newer their fault even when failure is usually caused by ridiculous timetables and cost saving requirements which they have set themselves 😔 

No offense but If the game isn’t working for you go out on your own.. this is business and it’s not fair…

1/10/2025 10:29am
Vital Lynchmob Effect (VLE) is real. I listed a plethora of facts of all the value the guy has added to humanity and all I get...

Vital Lynchmob Effect (VLE) is real. I listed a plethora of facts of all the value the guy has added to humanity and all I get is downvotes?

That goes to show what kind of society we have become...

JMX82 wrote:
Elon is just a another guy who has been shouting the loudest in the meeting room. He has hired enough talented persons to do all the...

Elon is just a another guy who has been shouting the loudest in the meeting room. He has hired enough talented persons to do all the dirty work while he is getting credit and money from the work 

How is that a "problem?" Creating value for shareholders and providing hundreds of thousands of jobs are a problem?

3
6
1/10/2025 10:33am
JazzyJJ wrote:

Has he done some good? Yes. Is he a snake oil salesmen? Yes

Both can be true 

What Snakeoil?

JazzyJJ wrote:
Well first off he didn't start PayPal or Tesla like he makes it seem. He also has never hit a deadline(interest free deposits anyone). Still waiting...

Well first off he didn't start PayPal or Tesla like he makes it seem. He also has never hit a deadline(interest free deposits anyone). Still waiting on these dream tunnels to save us from traffic. Oh, and the SolarCity bond buyout which was illegal to bailout family members using Tesla and SpaceX funds. There's plenty more examples but that's just off the top of my head. 

Still not "snakeoil." I agree his timelines are late but they are actively trying to solve these issues. 

1
8

Post a reply to: KTM to file for Bankruptcy/ Self Restructuring on Friday

The Latest