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Forward Inds Inc

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Highly doubtful, Ford GM etc sell all their EVs for a substantial loss and they have the actual manufacturing facilities. This car will be built by a third party like NIO. Toyota the best manufacturer after Tsla is 11% margin on traditional vehicles it’s a really hard segment to make margin in even Ferrari which is niche built is only 19%.
Ford is appreciated in Asia. And Chinese products are renowned to be cheapo stuff also in Asia . Not seeing things going to change drastically in the near future because EV cars are mostly crap . (Including tesla)
Ford is at $13.25, it's officially a bull market
the austin mini is often on the worst car you can buy list. Jaguar went through long periods of being absolute garbage, and it's a luxury brand. Ford has massive recalls all the time, some have been for randomly catching on fire. Dodges and Fiats are complete shit.
agreed.. the electrification push by biden admin isn't going well. the former toyota chair made the correct call by focusing on hybrids. toyota's sales of hybrids are higher than ice sales. the company would have made great sales in china if it wasn't for china govt subsidizing the domestics ev maker, byd. btw, eu is investigating byd for anti-competitive practice b/c eu's ev makers cannot compete with byd's low pricing. byd is also building a plant in mexico to take advantage of the low tariff of nafta and break into the us market. the profit margin of ford, gm & tsla will be getting squeezed soon.
Tesla’s stock was always largely inflated by musks cult of personality and absurdity optimistic projections for teslas future. Now it’s clear those projections wont come true; in the near future there will be no full self driving, no AI taxi network, and they won’t take 50% of the US auto market as other companies fail to pivot to EVs. They are just another car company, that’s historically a very challenging industry to succeed in and Tesla is facing the same problems as ford and GM have for decades. At the same time musk has set out to destroy his reputation particularly amongst young people. That stock is going to keep falling until it gets near the market cap of other auto companies. Exactly where it belongs.
Still probably not then either. They’ll have way too much competition at that point. If you think ford has bad quality, Tesla is leagues worse.
Volvo guys That's where the money is at They went downhill after the Ford purchase, but since being bought away from Ford, they've been able to have more freedom, and they're getting there. Now's the time to hop on before it hits really big. I did a while ago and it's already gone up a lot
Look, you're bullish on China, I get it. I just don't think you realize one thing... >They are almost a decade ahead of Ford, GM. It's actually the other way around if you're talking about sales, and numbers of cars produced. And also if you're talking about international markets because, companies like BYD are just starting to export there. Ford and GM have been DOMINATING those markets for DECADES. Maybe not so much Asia and Africa, but it would take a looong time for them to lose their position in the Americas. I just looked at total global cars sold for 2023. The highest Chinese company is Changan (2.5 mil). Ford is at 4.4mil, GM is 6.2mil. That's like a 70-150% gap. BYD isn't on the list (top 15)
don't be fool. yoy ev demands included hybrids sales, which made up over 40% of total sales. this breakdown is consistent with what toyota and china ev makers are seeing. this is why tsla is cutting prices. also, this is why ford & gm are reducing ev production and ford is delaying the opening of a battery plant for ev. moving fwd, current data indicates hybrids will overtake pure evs in sales in the immediate future.
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