Perspective appreciated......

Wouldn't it be something (positive) if BYD were allowed to form a partnership in the USA to bring their cutting edge hybrid technology to the USA. The USA will remain dependent on ICE vehicles, essentially ceding control of the global EV market to Chinese companies which our auto industry will (probably) never eclipse. Also, IMO government subsidies and auto industry bailouts our in our not to distant future. As battery technology improves and EV manufacturing techniques evolve ICE designs will fall further behind. How much will it cost the government to bailout Ford and GM this time?

Protectionism in any industry will fail.

I believe it is widely assumed that punitive tariffs on Mexico and China will be effective. From memory, about 25% of imports from Mexico are automobiles and auto parts. I don't believe auto manufacturers in the US could absorb a cost increase. In China's case it's much more complicated. We have become so dependent on manufactured goods from China that any disruption or retaliation could be more damaging to our economy. 20 years ago the exports from China to the US were a much greater component of their GDP (approx. 8+%), today (from memory) less than 3%. In the case of automobiles, China has already moved from ICE to electric cars and has a wide (and growing) advantage in manufacturing technology, batteries and assembly. China also is expanding their presence in markets outside the EU and USA where the volume of and market for automobiles far exceed the EU and USA. Placing punitive tariffs on China's auto industry could slow adoption of EV's here while China builds a supply chain empire in the rest of the world. 2025 will be a pivotal year for how EV policies and markets are established. Unfortunately, it appears that Chinese companies hold a much stronger hand.

Yes....just the beginning.

I agree.....the EU, US and Japanese car manufacturers are so far behind the Chinese the game is essentially over. By the end of 2026 the Chinese EV companies will dominate every market with the exception of the EU, US, Japan and Korea. In the USA we'll be stuck with legacy companies selling overpriced laggards and Tesla. BYD will be the "new" Toyota of the NEV industry. BYD puts up factories and innovates, and faster more efficiently than any off shore competitor, even Tesla.

China’s Global EV Domination Is Just Beginning
https://foreignpolicy.com/2024/03/07/china-ev-byd-cars-auto-industry-price-war/

Is this a re-run of the 1970's oil shocks, or worse, as the USA plods along falling further behind? With the exception of Tesla, are Ford, GM and Stelantis the modern day AMC?

Exclusive: Trump transition team plans sweeping rollback of Biden EV, emissions policies
https://finance.yahoo.com/news/exclusive-trump-transition-team-plans-110703323.html

Crosscurrents.....

US finalizes $9.63 billion loan for Ford, SK on joint battery venture
https://finance.yahoo.com/news/us-finalizes-9-63-billion-130331469.html

Without direct government intervention electric vehicle development won't progress. I wonder how much taxpayer subsidy will eventually be needed?

Great youtube outlining the dire situation in the EU auto industry. Same can be said for the USA. Hard to envision a scenario where the EU, USA or Japan can compete with China in the global market. EU is in a more precarious position with BYD building a factory in Hungary

Thanks for your input. IMO level 4 will takes years or perhaps a decade to achieve and level 5 many more years after level 4. Ironically autonomy in aviation is much more achievable.....autonomous vehicles "right around the corner", pure marketing denying reality. Level 3 is within reach, but we'll be stuck there for years. The exception are the relatively small geofenced locales with sunny weather where robotaxis will operate.

BYDs 2 new batteries; ULTRA high energy density LFP or 700kw charging

Robotaxi = hype

BYD on track to top 2024 sales goal and outsell Ford, Honda
https://www.reuters.com/business/autos-transportation/byd-track-top-2024-sales-goal-outsell-ford-honda-2024-12-09/

From obscurity to world leader in 5 years. At this pace BYD will be the largest car manufacturer in the world within 3-4 years, an astonishing achievement.

Tesla stock pops as Giga Austin visit has BofA bullish
https://finance.yahoo.com/news/tesla-stock-pops-as-giga-austin-visit-has-bofa-bullish-172718038.html

Tip of the hat to Telsa and Musk. The marketing of "near future" product gains continue to hold the imagination of investors, even though many past promises have come and gone without results. I predict that these latest promises won't materialize either, but hey, you can't argue with the near term returns....

Tesla's China-made EV sales drop 4.3% in Nov
https://finance.yahoo.com/news/teslas-china-made-ev-sales-084808333.html

But here's the shocker!

BYD pushing towards total dominance
https://electrek.co/2024/11/27/leaked-email-signals-byds-plan-to-heat-up-ev-price-war/

Sign of the time. Lot of over hyped companies. Only question remains how long and how does it end.

Time to take a break, sit back and observe. Maybe allowing ATACM strikes inside Russia isn't a good idea at this juncture? On the other hand, if investors panic could result in investment opportunities. Hopefully the situation doesn't escalate.......

Mad Max? Wild Wild West on the highways? I see a lot of new advertisements by tort lawyers in our future. Deregulation won't advance technology, and anything less than level 4 autonomy will make driving (for everyone) more dangerous. Kudos to Musk and current Tesla shareholders.

Full autonomy conundrum. Two good reads....

1) So, here’s the problem with self-driving cars
https://www.compact.nl/articles/so-heres-the-problem-with-self-driving-cars/

So, here’s the problem with “self-driving cars”: they will never be built ............"But in unprecedented situations that never happened before, the control systems are really put to the test. Should the system favor safety over usability, or the other way around? "

"The framework should also account for situations that have never happened before and most likely go beyond any human imagination. Therefore, the framework will never be done and be complete."

"In my vision this will result in driving automation systems that:

can be fully autonomous in situations with proven limited trade-offs (e.g. driving on the highway);
will timely give control to humans in situations where typically too many trade-offs are expected and human intelligence is required to take over."

2) ‘Fully Automated AVs May Never Be Able To Operate Safely’ Says One Of The Oldest Professional Computing Technology Organizations
https://www.theautopian.com/one-of-the-oldest-professional-computing-technology-organizations-says-fully-automated-avs-may-never-be-able-to-operate-safely/

quite some time ago I read a thought provoking article written by a software engineer that suggested AI models applied to autonomous driving would never be 100% accurate. The basis for his argument was simple; there are an infinite number of possible variables (and combinations of variables) presented to the driver at any given moment and the human brain can adapt to these changes, but AI models lacking the complete set of data needed cannot react. I believe autonomous operation will continue to evolve, but will always operate under constraint(s). In controlled environments it will be less apt to fail, which (for the near future 5-10 years) limits the usefulness. That's not to say that driver assisted autonomy won't progress, but full autonomy in any environment is a long way off.

A little levity might help.....try some Damon Imani youtubes great satirical content. Have a great day folks.

WS realigning investment targets? Should be interesting to see where money flows/leaves.

BYD and EV related miners are selling today. Doesn't really change BYD's long term trajectory. I'd add to my BYDDY position under $68.

Yields predictably rising with a Trump win. Knee jerk, or a harbinger of the future? I understand where you are coming from, but hard to square rising deficits with lower rates?

Does anyone care to provide an argument that interest rates will fall in 2025? I would suggest that short a serious recession, the continued deficit spending (with no end in sight) is the only factor driving growth. Unfortunately, that spending also creates the environment that supports interest rate inflation, and renewed inflation in the economy. I don't see a scenario that allows traders to embrace the idea of lower rates in the future. Thoughts?

BYD's Yangwang U7 Sedan Expected to Feature 2nd-Generation Blade Battery

BYD Sells Record Half a Million Plug-In Cars in Blowout Month
https://finance.yahoo.com/news/byd-sells-record-half-million-130812307.html

As the new 1,200 mile powertrain production ramps up I'd expect to see sales takeoff. Still waiting for the announcement of the next blade battery version, lighter, smaller, more energy dense, better heat management.

Makes sense...

BYD Revenue Eclipses Tesla for First Time as EV Giants Go Head to Head
https://finance.yahoo.com/news/byd-revenue-eclipses-tesla-first-114015313.html

The gap will widen as BYD builds out their manufacturing and marketing capabilities in international markets. BYD product mix and hybrid option make a compelling argument for NEV dominance. Tesla's aging models need to be significantly upgraded. Hard to see how BYD doesn't dominate in coming years

Tesla Bet On 'Pure Vision' For Self-Driving. That's Why It's In Hot Water
https://insideevs.com/news/738204/tesla-pure-vision-camera-only/

GM doubles down on EV batteries, invests $625M in lithium project
https://finance.yahoo.com/news/gm-doubles-down-on-ev-batteries-invests-625m-in-lithium-project-192837313.html

in other words, like the fully autonomous Robotaxi, Optimus is years or decades away from functional autonomy. Meanwhile their #1 car competitor is "eating their lunch". I suppose as long as the faithful cling to hope (and their shares) TSLA will remain in the stratosphere.....but will institutional investors reassess?

Robotaxi looks like a distraction from their core EV business. I'd be surprised if TSLA can maintain their lofty MC as EV/PHEV competition heats up.

Rio Tinto to hit lithium big leagues with $6.7 billion Arcadium buy
https://finance.yahoo.com/news/rio-tinto-buy-arcadium-lithium-054017136.html

Apparently Rio believes Li will be a stable, in demand battery material as the new energy world unfolds.

Rio Tinto Makes Approach for $3.3 Billion Arcadium Lithium
https://finance.yahoo.com/news/rio-tinto-makes-approach-3-035122945.html

“It’s more attractive to look at lithium assets now than it was two years ago,” Stausholm said at the time. However, he added that there was “many other criteria than just price.”

TSLA manages a slight bump in deliveries, but hardly justifies their inflated value. On deck, the shiny new object; Robotaxi......anyone with a realistic view knows that TSLA isn't even close to full driving autonomy. An autonomous Robotaxis is years in the future, if ever. I suppose the fan club will fawn over the event and declare Robotaxis are just around the corner. Meanwhile BYD just chugs along chewing up market share and expanding their manufacturing and product offering. BYD is what Tesla could have been.

BYD one year high and moving higher. BYD will be the dominant player in the market for years. Well diversified beyond just EV cars and trucks.

TSLA MC 820B
BYD MC 124B

Plenty of upside