To be honest, I have a hard time seeing the US Government allowing Boeing to fail. Those words will likely come back to haunt me in the time I have left on this planet, but right now if Boeing said “we need $40 billion or we’re shutting down next week”, in 6 days Boeing would have a $60 billion credit facility at the Fed.
Patent harvesting, that’s about what’s left them. That is, if they haven’t sold or mortgaged off their patent portfolio already.
I see where Jaguar has come out with an outrageously attractive and powerful F-Type 2-seater with a supercharged engine, after many years of boring 4-door models. Studebaker Avanti (the last gasp of a dying company) anyone ?
I don’t see either one going away soon, but given recent events I’d lay odds on Tesla collapsing before Boeing ever does. There have been 3 fires in Teslas in the last six weeks. Given their limited sales numbers, this is not insignificant. Still, Elon Musk said today that there “Absolutely won’t be a recall.” Of course, it’s really not his decision to make (It’s the National Highway Traffic Safety Admin. who orders recalls) but it’s never a good omen when the CEO sticks his head in the sand on potention problems.
The idea that Boeing will be replaced by Tesla is… original, to say the least.
Why? What could go wrong with an electric airliner?
It could be. Automakers occasionally attempt to reinvent fading brands, but it hardly ever works. I’m thinking that the Chinese & Indian companies that bought dying auto brands a couple of years ago (Jaguar, Volvo, Saab) are going to start regretting it soon, if they aren’t already.
What happens if you’re on an 2000 mile long flight and they accidentally plugged in the 1000 mile cord? You’ll be halfway over the ocean and your plane will unplug.
Or you fly to Europe, only to forget the adaptor?
If you plug it straight into the 240, will it go twice as fast?
Geely buying Volvo was one of the best things that could have happened for them. Geely has been dumping lots of money into the Volvo brand. I don’t know what to predict for their future in the US, but watch Volvo really take off in China over the next 5 years.
I remember that from when I was a kid, 30 years ago. K-Mart was always depressing to me, in a different way than, say, Wal-Mart is depressing. I used to joke that being there too long would turn you into a K-Martian, which I thought was pretty clever because I was 8.
The obligatory Onion link: http://www.theonion.com/articles/even-ceo-cant-figure-out-how-radioshack-still-in-b,2190/
Nothing that can’t go wrong with an aviation fueled airliner, so they have that going for them!
Super sonic?
Radio Shack recently reported 3rd quarter results and it’s not pretty. Much increased loses, much lower revenue. They’ve had an interim CEO for several months.
OTOH, still have some reserves and people willing to finance them for a while. So it could last a bit more.
I was checking their stock prices. Surprisingly steady for the past year.
But a big loss from 2010 to 2012. The real surprise was the spike in 1999. Then it hit me: The tech bubble. RS stock was part of the tech bubble! I have no idea why anyone at the time thought RS was going to be part of the Internet Economy or anything. It would have been a great stock to bet against at the time.
Maybe they should try to bring back the Incredible Universe stores?
The Australian equivalent of Radio Shack (Tandy) closed down about five years ago, largely because pretty much everyone sells AV cables, batteries and USB sticks/SD cards. I mean, even the Post Office sells that stuff at competitive prices.
“Tandy” was the company that owned Radio Shack as well. In Europe and Australia, they started a chain of Radio Shack-like stores under the “Tandy” moniker, but in the US they were always “Radio Shack” (which they had bought in 1963.)
Tandy, of course, is responsible for the (in)famous TRS-80 (“Trash-80”), which was announced in 1977.
Interestingly enough, Tandy started business as a leather maker.
You are disagreeing with something I never said. I said they are “installing” them, as in they have started the process and will continue it.
I was disagreeing with your implication. That they were being installed en masse.