Speed cars hit the assembly Line

[RiverDave]

On a side note, has anyone seen the luxury prerunner utv's that Mason motorsports are building.

Let’s see em! Do they take speed slots on trade? Lol

 

[Racer56]

Let’s see em! Do they take speed slots on trade? Lol

We missed you and Stacy last night. Mr. and Mrs. Ziggy put on a hell of a party!

 

[RiverDave]

We missed you and Stacy last night. Mr. and Mrs. Ziggy put on a hell of a party!

We are out of town.. bummed I’m missing the raft up I always enjoy it.

 

[RiverDave]

Who the hell is emtron?

 

[JayBreww]

We’re the original base cars plastic seats I don’t remember that?

 

[Racer56]

Who the hell is emtron?

Company that are building the ecu's in Australia

 

[WhatExit?]

View attachment 1139013 View attachment 1139014

 

[LargeOrangeFont]

We’re the original base cars plastic seats I don’t remember that?

That had always said they would not be carbon. No details that I can recall beyond that.

 

[LargeOrangeFont]

View attachment 1139581

That took 6 days to come up with? I’m not sure if I should be flattered or scared. Have a good weekend, I’m off to dinner.

 

[Danger Dave]

"Haha, good to see LOF taking it on the chin. It would be better if Danger Dave was waiting on one too." - Colorless Naan

 

[riverroyal]

Emtron have one to test? Test what? Bit late isnt it.
Maybe its too fine tune in final production.

 

[LargeOrangeFont]

Emtron have one to test? Test what? Bit late isnt it.
Maybe its too fine tune in final production.

Ding ding ding.

 

[Racer56]

Emtron have one to test? Test what? Bit late isnt it.
Maybe its too fine tune in final production.

I was hoping for no lift shifting, but I think you are right and they are only doing fine tuning.

 

[dirtslinger2]

Robby Gordon on Instagram: "Another day in the books @speedutv"

653 likes, 35 comments - robbygordon on July 26, 2022: "Another day in the books @speedutv".

www.instagram.com

Looks like a shit ton of motors being machined, along with other parts. Also some shots of workers, for all the folks who question why there are no workers.
In the comments, someone asks to see pistons and rods, and Robby said he can show those in a video as well.
Robby also mentions his next video will be from the fab shop.

I'm slightly confused as I thought this was a Ponzi scheme, or they were never being delivered. Sure is a ton of work for nothing.

 

[LargeOrangeFont]

Robby Gordon on Instagram: "Another day in the books @speedutv"

653 likes, 35 comments - robbygordon on July 26, 2022: "Another day in the books @speedutv".

www.instagram.com

Looks like a shit ton of motors being machined, along with other parts. Also some shots of workers, for all the folks who question why there are no workers.
In the comments, someone asks to see pistons and rods, and Robby said he can show those in a video as well.
Robby also mentions his next video will be from the fab shop.

I'm slightly confused as I thought this was a Ponzi scheme, or they were never being delivered. Sure is a ton of work for nothing.

Worth thief ever. Spending $20M to steal $10M

 

[CLdrinker]

Worth thief ever. Spending $20M to steal $10M

PPP made up the rest.

 

[LargeOrangeFont]

PPP made up the rest.

FWIW I was never able to find any record of them getting PPP funds.

RG is a very poor con artist it seems.

UTV Speed in Riverside is not Speed UTV.

 

[CLdrinker]

FWIW I was never able to find any record of them getting PPP funds.

RG is a very poor con artist it seems.

UTV Speed in Riverside is not Speed UTV.

I was just talking shit. Could care less.

 

[Lavey5150]

 

[DLC]

I think I’m going to wait until they hit the market, then sign up for Instagram…

 

[LargeOrangeFont]

I was hoping for no lift shifting, but I think you are right and they are only doing fine tuning.

That is one thing I was hoping for too. I’m sure it will be a thing down the line, just not now

 

[liv4riv]

If I was Robbie I would have randomly picked one of everything being machined and had some one inspect each part and not in the shop it is machined in to verify tolerances/fit. The baskets of part could be all good or all NFG and I bet he pays for them before they are all put together on final assembly.

 

[RVR SWPR]

Anyone in business today recognizes this guy STRESS. RG been rode hard and put away wet lately just on the cost of shipping. Hope he makes it.

 

[LargeOrangeFont]

Anyone in business today recognizes this guy STRESS. RG been rode hard and put away wet lately just on the cost of shipping. Hope he makes it.
View attachment 1140772

Yea, no kidding. He looks better than expected for living in China the last couple months.

 

[Racer56]

Speed UTV with 35's. Get ready to shell out some more Pesos!

 

[HTTP404]

Well it looks like parts are hitting the assembly line anyway.

 

[LargeOrangeFont]

Speed UTV with 35's. Get ready to shell out some more Pesos!

View attachment 1140817

Did you see they will have some 35”s for purchase when people pick up their cars?

 

[DLC]

I like 35’s. Great tires and lotsa ground clearance!!

i think it’s the go to tire size

 

[Riley1]

I like 35’s. Great tires and lotsa ground clearance!!

i think it’s the go to tire size

putting rzrs on 40’s in Utah.

 

[Ace in the Hole]

Yea, no kidding. He looks better than expected for living in China the last couple months.

 

[yz450mm]

Robby Gordon on Instagram: "Mass Production of a production Fab shop is downright crazy how fast things happen, and even the thermal drilling of all tube inserts is amazing @speedutv"

1,429 likes, 38 comments - robbygordon on July 27, 2022: "Mass Production of a production Fab shop is downright crazy how fast things happen, and even the thermal drilling of all tube inserts is amazing @speedutv".

www.instagram.com

 

[dirtslinger2]

Robby Gordon on Instagram: "Mass Production of a production Fab shop is downright crazy how fast things happen, and even the thermal drilling of all tube inserts is amazing @speedutv"

1,429 likes, 38 comments - robbygordon on July 27, 2022: "Mass Production of a production Fab shop is downright crazy how fast things happen, and even the thermal drilling of all tube inserts is amazing @speedutv".

www.instagram.com

Thats an impressive process, and it's actually starting to look promising.

 

[HCP3]

Impressive CGI.

 

[LargeOrangeFont]

Impressive CGI.

‘Twas what I was thinking.

 

[dirtslinger2]

He's live right now if anyone wants updates

 

[JLG614]

I have no dog in this fight as I'm a sandcar guy and always will be. I honestly thought RG would never get this done and its all bullshit. He's definitely gone alot farther than i thought he would. I don't know if it will ever make it to market and I'm not being a hater but its just so hard to compete with the big guys like RZR and Can am. I think people will be lucky to have a car by next year and thats if the whole thing doesn't implode on itself. If it does implode I don't think that it will be RG's fault or because people are saying he's crook and what not. He has obviously spent millions of dollars up to this point and is showing the work being done but seeing some bars bent, motor pieces, and a few pre-production cars doesn't make me believe that he's on the verge of delivering the preorders he has. I hope I'm wrong for the sake of anyone that is waiting on a car but I wouldn't be holding my breath. It will be cool if he does make it happen and there is a new car on the market

 

[BIGRED9158]

I have no dog in this fight as I'm a sandcar guy and always will be. I honestly thought RG would never get this done and its all bullshit. He's definitely gone alot farther than i thought he would. I don't know if it will ever make it to market and I'm not being a hater but its just so hard to compete with the big guys like RZR and Can am. I think people will be lucky to have a car by next year and thats if the whole thing doesn't implode on itself. If it does implode I don't think that it will be RG's fault or because people are saying he's crook and what not. He has obviously spent millions of dollars up to this point and is showing the work being done but seeing some bars bent, motor pieces, and a few pre-production cars doesn't make me believe that he's on the verge of delivering the preorders he has. I hope I'm wrong for the sake of anyone that is waiting on a car but I wouldn't be holding my breath. It will be cool if he does make it happen and there is a new car on the market

You had to go and stir the shit pot that comment will get us at least another 3 pages from lof

 

[LargeOrangeFont]

I have no dog in this fight as I'm a sandcar guy and always will be. I honestly thought RG would never get this done and its all bullshit. He's definitely gone alot farther than i thought he would. I don't know if it will ever make it to market and I'm not being a hater but its just so hard to compete with the big guys like RZR and Can am. I think people will be lucky to have a car by next year and thats if the whole thing doesn't implode on itself. If it does implode I don't think that it will be RG's fault or because people are saying he's crook and what not. He has obviously spent millions of dollars up to this point and is showing the work being done but seeing some bars bent, motor pieces, and a few pre-production cars doesn't make me believe that he's on the verge of delivering the preorders he has. I hope I'm wrong for the sake of anyone that is waiting on a car but I wouldn't be holding my breath. It will be cool if he does make it happen and there is a new car on the market

My one single question to all of that is how do you NOT finish and deliver at this point when you have $500M (16k+ units) in orders?

2 years ago, sure what you outlined could have been a real possibility.

Who would give up, fold, or walk away now? You could get all the capital investment you needed to finish the job with that level of sales commits.

At worst someone would buy him out and make the cars. If that played out, I don’t know where that would put preorder deposit people.

 

[LargeOrangeFont]

You had to go and stir the shit pot that comment will get us at least another 3 pages from lof

More like 3 pages of memes from dimwits I asked a single question in response that no one will answer

 

[Lavey5150]

More like 3 pages of memes from dimwits I asked a single question in response that no one will answer

Not everyone is an RG nut swinging dreamer. Why would someone need to ask questions when they have all the answers..........

 

[caribbean20]

My one single question to all of that is how do you NOT finish and deliver at this point when you have $500M (16k+ units) in orders?

2 years ago, sure what you outlined could have been a real possibility.

Who would give up, fold, or walk away now? You could get all the capital investment you needed to finish the job with that level of sales commits.

At worst someone would buy him out and make the cars. If that played out, I don’t know where that would put preorder deposit people.

You would not finish or deliver at this point if you were about to lose money on every one of those 16K units. It is possible, given delays and massive cost increases it is no longer a profitable business.

However, demand in the off road space remains strong, so one would think they would try to pass the cost increases on to the consumer before throwing in the towel. This is a start up, so who knows.

 

[Bpracing1127]

My one single question to all of that is how do you NOT finish and deliver at this point when you have $500M (16k+ units) in orders?

2 years ago, sure what you outlined could have been a real possibility.

Who would give up, fold, or walk away now? You could get all the capital investment you needed to finish the job with that level of sales commits.

At worst someone would buy him out and make the cars. If that played out, I don’t know where that would put preorder deposit people.

I’ll take a stab at it. If he can’t make 16k cars for a profit there is no sense in building them. What does the contract say about price increases? If there is no money to be made an investor likely won’t pick it up as well. That would be the only scenario that the cars don’t get delivered at all. I do not see that happening. I do believe with as much r&d and cap ex to this point it will get finished. If that means at a loss for 4-16k cars then profit after that I could still see that happening before a complete fold up.

Now I also believe there is still a profit and not a loss on this car still today

 

[JLG614]

You had to go and stir the shit pot that comment will get us at least another 3 pages from lof

Lol not trying to stir the pot just saying what I'm sure some people are thinking

My one single question to all of that is how do you NOT finish and deliver at this point when you have $500M (16k+ units) in orders?

2 years ago, sure what you outlined could have been a real possibility.

Who would give up, fold, or walk away now? You could get all the capital investment you needed to finish the job with that level of sales commits.

At worst someone would buy him out and make the cars. If that played out, I don’t know where that would put preorder deposit people.

Like others said, everything is a business and if the dollar at the end isn't positive then whats the point. RG loves offroad but I'm sure he loves his money more than to lose money building SXS's.

I could definitely see someone buying him out if that was too happen

I'm not trying to be negative. Trust me i'm rooting for him and for you! it would be badass to see the cars completed but time will tell

 

[LargeOrangeFont]

You would not finish or deliver at this point if you were about to lose money on every one of those 16K units. It is possible, given delays and massive cost increases it is no longer a profitable business.

However, demand in the off road space remains strong, so one would think they would try to pass the cost increases on to the consumer before throwing in the towel. This is a start up, so who knows.

Then why would you start making parts in the first place? - Because they aren't losing money on every car. They have raised the prices accordingly since the beginning. The $32K car is now $43K. They might be breaking even on the first 1000 at $32K, but I'd bet they are still in the black even on those when you consider the upgrades people bought for them.

They have no dealers on those cars, they were sold direct. They have spent very little on marketing, there are no shareholders to deliver value to, They have little overhead and a small team.

 

[JLG614]

My one single question to all of that is how do you NOT finish and deliver at this point when you have $500M (16k+ units) in orders?

2 years ago, sure what you outlined could have been a real possibility.

Who would give up, fold, or walk away now? You could get all the capital investment you needed to finish the job with that level of sales commits.

At worst someone would buy him out and make the cars. If that played out, I don’t know where that would put preorder deposit people.

Just a thought to add to the doom and gloom I've brought to the conversation. What happens if he does fold and Speed UTV goes BK. Does he walk away free and clear? Do you and everyone else get their deposit back? Is there anything about it in the contract? This is a serious question as I have no idea, I'm not trying to stir the pot even more I'm honestly just curious

 

[LargeOrangeFont]

Lol not trying to stir the pot just saying what I'm sure some people are thinking



Like others said, everything is a business and if the dollar at the end isn't positive then whats the point. RG loves offroad but I'm sure he loves his money more than to lose money building SXS's.

I could definitely see someone buying him out if that was too happen

I'm not trying to be negative. Trust me i'm rooting for him and for you! it would be badass to see the cars completed but time will tell

I understand you aren't trying to be negative. I'm just asking you to look at it from a business perspective as well. If they were gonna lose money on 16K cars, they would have folded before mass manufacturing started. They know their rough COGS now.. It is a simple decision to push on or cease operations. If they ceased operations it would be very attractive for someone else to pic up a fully designed car and run with it for a significant savings.

The answer is because a $43K mass produced SXS is not loosing money.

 

[LargeOrangeFont]

Just a thought to add to the doom and gloom I've brought to the conversation. What happens if he does fold and Speed UTV goes BK. Does he walk away free and clear? Do you and everyone else get their deposit back? Is there anything about it in the contract? This is a serious question as I have no idea, I'm not trying to stir the pot even more I'm honestly just curious

You don't gamble with money you aren't willing to lose. I would consider the money gone. I've spent more on weekends in Vegas than I have given Speed thus far. That was always a possibility, but frankly seems less so with every passing development.

 

[JLG614]

I understand you aren't trying to be negative. I'm just asking you to look at it from a business perspective as well. If they were gonna lose money on 16K cars, they would have folded before mass manufacturing started. They know their rough COGS now.. It is a simple decision to push on or cease operations. If they ceased operations it would be very attractive for someone else to pic up a fully designed car and run with it for a significant savings.

The answer is because a $43K mass produced SXS is not loosing money.

I guess that is a good point. They more than likely would have folded already than begin manufacturing because I'm sure they have ran their numbers and it must be green on the final end.

You don't gamble with money you aren't willing to lose. I would consider the money gone. I've spent more on weekends in Vegas than I have given Speed thus far. That was always a possibility, but frankly seems less so with every passing development.

Got it. That makes sense. I could only imagine the lawsuits if they were to fold and not return the deposits

 

[LargeOrangeFont]

I’ll take a stab at it. If he can’t make 16k cars for a profit there is no sense in building them. What does the contract say about price increases? If there is no money to be made an investor likely won’t pick it up as well. That would be the only scenario that the cars don’t get delivered at all. I do not see that happening. I do believe with as much r&d and cap ex to this point it will get finished. If that means at a loss for 4-16k cars then profit after that I could still see that happening before a complete fold up.

Now I also believe there is still a profit and not a loss on this car still today

There aren't 16K cars under a price contract, there are 4K. There are 1000 at $32K, and the pricing goes up from there. All those were sold direct, all margin goes directly to Speed. Speed is making money on every upgrade as well, again that is direct to consumer for MSRP, no dealer to pay, etc. Even if you lost $5K per car on the first 1000, you'd make it up on the next 3000, and have another 12K at current MSRP and current margins.

 

[JayBreww]

I don’t think it’s a matter of not making the car, cause he seems to be doing so.
I think the question is, where are they being produced. He said the other night during the walk around the facility, assembly line has started.
Does that mean the cars are being assembled now in “China” and no longer Texas?
And if so is that how’s he’s saving himself from losing money, by now taking the cheaper route instead of the Texas facility(which I’m sure will be used eventually).
It’s been said before production will be in Texas, but from his latest videos, that doesn’t seem to be the case anymore.