By brand 2023
https://cnevpost.com/2024/01/10/automakers-nev-market-share-in-china-in-2023/

BYD is the clear prime mover
https://www.electrive.com/2024/06/17/china-ev-share-reaches-40-in-may/

BYD record NEV Q2 sales.......

BYD U9 at Nuremberg. BYD has the depth and breadth of EV and hybrid models that no other car manufacturer can match

The study referenced...Implications of food ultra-processing on cardiovascular risk considering plant origin foods: an analysis of the UK Biobank cohort
https://www.thelancet.com/journals/lanepe/article/PIIS2666-7762(24)00115-7/fulltext

Not many individuals can afford private care, and the bulk of the Baby Boom generation are still independent but will soon begin to required assisted living. This is a huge problem people don't think about until they're confronted with it.

Agreed...why worry about something you can't control; counter productive. I just put it in perspective, try to anticipate the economic impact and how to invest accordingly.

CBO Jacks Up US 2024 Budget Gap Forecast by 27% to Nearly $2 Trillion
https://finance.yahoo.com/news/cbo-jacks-us-2024-budget-180000516.html

Huh...imagine that. Welcome aboard the Crazy train.

EU tariffs only apply to EV's, they don't apply to plug in hybrids. BYD has the product mix that works in the EU.

Tariffs on EU EV imports....let the tit for tat begin. Putting a tariff umbrella over the EV market will probably result in higher prices, less drive for efficiency and a greater push by Chinese manufacturers to dominate other markets. Apparently the EU and USA have conceded the NEV race to China.

Wow...thanks for the link. I have considered the increase need for resource, but I had no idea of the absolute scale. When you consider the world requirements going forward it's astounding....again thank you!

Everyone will be trying to compete with BYD on a worldwide basis, with little success outside the US and EU.

Too bad the Shark isn't available in the US market. BYD wins again. Great marketing piece....

BYD knocking it out of the park

Here we go....

China considering car tariffs to retaliate against US and EU moves, trade group says
https://www.scmp.com/news/china/article/3263567/china-considering-car-tariffs-retaliate-against-us-and-eu-moves-trade-group-says

America’s 100% tariffs on Chinese EVs: bad policy, worse leadership
https://www.economist.com/leaders/2024/05/15/americas-100-tariffs-on-chinese-evs-bad-policy-worse-leadership?utm_medium=cpc.adword.pd&utm_source=google&ppccampaignID=18200423674&ppcadID=149194366064&ppcgclID=CjwKCAjwr7ayBhAPEiwA6EIGxPQJN3w5Qk-FGvuKOJzzY8hCkTXOZaj6uMuV2Hng6hUMY-mbU2QuGRoCRfgQAvD_BwE&gad_source=1&gclsrc=ds

Stellantis CEO: electric vehicle tariffs are a trap
https://www.reuters.com/business/autos-transportation/stellantis-ceo-very-tough-battle-ahead-against-chinese-rivals-2024-05-22/

China will dominate the new energy worldwide market.

Unitree G1 I'm impressed....Elon, take note of your competition.

Very well done YouTube addressing the EV conundrum for the US and EU

BYD

China's BYD just unleashed a hybrid pickup truck that has no rival in America — see the Shark
https://investorshub.advfn.com/The-Rising-Influence-of-Rising-Affluence-15427

BYD to introduce new second-generation 1000km battery technology
https://www.drive.com.au/news/byd-to-introduce-new-second-gen-1000km-battery-technology/

Toyota plans using BYD’s plug-in hybrid DM-i platform to launch 3 PHEV models in 3 years in China
https://carnewschina.com/2024/05/09/toyota-plans-using-byds-plug-in-hybrid-dm-i-platform-to-launch-3-phev-models-in-3-years-in-china/

Fully integrated, BYD has no real competition across their entire product offering

That's a good question. Once upon a time it was easy to dismiss Chinese EV's as inferior, but today they are actually innovators, particularly in battery technology. One thing is for certain; if domestic producers can't build a sub $25K EV with reasonable amenities and range a large segment of buyers will be priced out. I suspect that under the tariff umbrella domestic manufacturers have little incentive to build less costly EV's. One things for sure, adoption will be slower with the tariffs.

The EV tariff war will undoubtedly slow adoption of EV's in the USA. The EU and USA can close their markets to lower cost imports, assuring higher cost of EV ownership for the populace.

For sure....I don't pay any attention to TSLA pronouncements, they are inevitably just hype.

Tesla Stock’s Towering AI Valuation Is Detached From Reality
https://finance.yahoo.com/news/tesla-stock-towering-ai-valuation-121039283.html

Chuckling.....ya think? Of course you can slug in a whole bunch of names in that statement. You can probably add that investors are also in that camp.

With self driving stuck at level 2 robotaxi talk is nonsense, more hype then reality, great for juicing share price.

LOL...good point.

Indeed.....seems to be a trend developing. Maybe that ?????? landing is coming.

FedEx and UPS hit the wall on EV adoption
https://finance.yahoo.com/news/focus-ups-fedex-transition-electric-152931566.html

Tesla cuts US prices of Models Y, X, S by $2,000
https://finance.yahoo.com/news/tesla-cuts-us-prices-models-053202257.html

Without much lower price options EV's will never achieve wide acceptance in the USA. Tesla and the legacy auto companies can cut prices but it doesn't fix the base problem. The USA needs reliable entry level EV's at the $25k price point. All the political stunts and posturing about the new energy economy are a costly distraction.

Indeed...thanks for posting. For me, trading copper miners has been profitable. Recently sold all my miners (too early) but I am holding on to SA. SA ticks a lot of the "positive" boxes, friendly jurisdiction, capital improvements pre-construction. Permitting on track. Very large resource with long mine life. Hopefully they will be granted substantially started status which moves them one step closer to setting the stage for a partnership. Assuming the KSM project is funded and permitted it would be a large addition to annual copper production that the world needs.

Tesla cutting labor cost won't fix the fundamental problem; competition. How low could the share price go......?????

to big to fail......

Meta, Google and Intel have announced upgraded and in-house chips to compete with Nvidia in recent days. I expect this trend to continue and expand to other tech firms. Nvidia is currently the leader, but doesn't have a lock on the market.

I know....but I wonder when we'll see individual and class action suits made by individuals and parties outside this agreement?
https://www.robertkinglawfirm.com/personal-injury/pfas-class-action-lawsuit/

I don't know where this could go, but I still see a lot of potential problems related to health impact.

US sets first standard to curb 'forever chemicals' from drinking water
https://finance.yahoo.com/news/us-sets-first-standard-curb-090000945.html

AI processors. I wonder if the effort to build AI processors beyond NVDA & AMD will significantly impact their revenue streams in the future. Alphabet, Microsoft, Apple, Amazon and others have deep pockets, and could potentially build out their own AI hardware systems. Are AMD and Nivida moats sufficiently wide to justify their lofty valuation?

Yikes....TSLA coughed up a hairball!

BYD sells 302,459 NEVs in Mar, 2nd-highest on record
https://cnevpost.com/2024/04/01/byd-sales-mar-2024/

BYD Denza launches updated N7 SUV with 20.5% lower starting price
https://cnevpost.com/2024/04/02/byd-denza-launches-updated-n7-suv/

Looks like BYD is setting the pace......

A Million Simulations, One Verdict for US Economy: Debt Danger Ahead
https://finance.yahoo.com/news/million-simulations-one-verdict-us-210022706.html

Xiaomi in the EV business
https://www.cnn.com/2024/03/28/business/chinas-xiaomi-ev-launch-intl-hnk/index.html

China is going to enable mass adoption of EV's outside of the EU and USA

CATL and BYD are developing improved battery tech to increase energy density and dramatically improve charging times. Assuming these new batteries are available in 2024 models it would make EV and hybrids more attractive. Potentially an interesting development.

Maybe I'm too skeptical but the AI hype seems to have a life of it's own......with a lot of parallels to 90's run-up. I'm sure AI is real and will be transformative, but the major players market values have ballooned and continue to balloon with every press release. When virtually every hardware and software company claim to have, and are growing their presence in AI, my BS meter starts to come alive. Will the AI story and value unfold quickly or are we getting ahead of ourselves and the payback and value will take longer then we currently believe? Just musing.