Feed
🔍 The EU car market is in decline! 🚗
August 2024 brought worrying signs for the European automotive industry. New car registrations have fallen by 18,3 % across the major markets. This reflects not only short-term problems, but also long-term changes that could fundamentally affect investment in the EU automotive industry. 📉
📊 Electric cars at a crossroads? ⚡️
The biggest decline...
Read more
Zobrazit další komentáře
The problem is not whether combustion or EV (EV is simply much better both in terms of production and user) but further development of production technology. While Europe is running a classic Ford line only supplemented by single purpose robots. Tesla closely followed by China has switched to Gigapress production, unboxing, and it will all be controlled by universal robots. Moreover, China has wisely let its competitors sink a lot of money into the technologically obsolete factories it has allowed them to build while itself learning from Tesla. These Chinese capabilities of European manufacturers are now uncompetitive, as are their parent companies, purely because of the cost of production. The tragedy of VW was that when Dies explained to them a few years ago that it was impossible to produce a car in several times Tesla's time and pushed for efficiency, the union pressured the owners to get rid of him. Well they ended up closing factories instead of radically upgrading them with this approach. Which is the only thing that would help them. So now they're leaning out production and trying to bridge the technology gap by working with "startups" Rivian, QS. And the familly trust Porsche Piech also separated Porsche under its control. Probably to save some of what their ancestors built. 🤷♂️
Zobrazit další komentáře
$VOW3.DE 11.8% ptf and BYD 4.1% ptf. I've been leaning on them quite a bit.
Does anyone have $P911.DEin their portfolio ?
I really like the company's fundamentals, vision and of course I like their cars. The business is also fine for me, so I've built a small position and I've been buying around those 80$ and I'll probably buy a little bit more since the price is for me. still acceptable.
I would rather choose something from China or the USA. I see quite a bit of potential in $NIO and Tesla is great too.