BYD are not a good comparison with Tesla. The business structure and their manufacturing methods are completely different. BYD are much more focused on quickly ramping to capture a wide spread of the market. Tesla are focused on efficiency, streamlined process and their entire innovation ecosystem. On a superficial observation BYD might look stronger, but the long term test of quality will favor Tesla... Besides, they are both competing with ICE, not against each other.
You make some interesting points. And I completely agree on all EV-makers competing against ICE! Here's where my head's at: Given that I've never personally seen or been inside a BYD vehicle, I can't speak to their overall quality. If BYD is focused on quickly capturing market share, their operations will need to be both efficient and streamlined (to your point - why Tesla has prospered in the US). Their "innovation ecosystem" will also need to be diverse, which is something they're showcasing with the prominence of their batteries. And they're proving to be one of the only competitors financially capable of fighting Tesla on price and margins. Is Tesla the stronger of the two? I believe so. But BYD's strength in the Chinese market is legitimate. Something I'll continue to watch closely. Thanks for sharing your view!
I’m one of those cybertruck reservation holders that won’t be buying one. I reserved it because they were going to give me a discount for no paint and no curves. They want me to abandon a down payment for a house.
There is no general decline in EV interest. In China and Europe it is going crazy. Also look at the long term stock price for Tesla. Twice it stod still for 3-4 years and then exploded up to 10x .
I agree with you! The long-term prospect of Tesla outweighs these short-term setbacks. Although, I do push back on the notion current demand for EVs hasn't slowed. Major manufacturers are reducing production, lowering expectations, and citing several barriers moving forward (limited infrastructure, early adoption risks, generally higher prices). Tesla's price war with competitors like BYD was the product of slowing demand. That's not to say EV won't rebound or won't grow over this year, because I think the space WILL meaningfully grow (just not as fast as years prior). Thanks for commenting!
When the blood is on the street the smart investors always load up. Not sale. In barely 12 to 24 months life span the stock will be a great winner, thanks to: not carrying any debt, having 30 billion in cash reserves, his best of the best EV under every single parameter of comparison and still the most profitable car company in the world. BYD can sell all their cheapo obese, and inefficient EV in the world. but everybody knows who make the finest, most efficient, safest and most reliable EV on the planet. to sell its stock now at wall St. price is totally stupid, and extremely intelligent to buy more, and wait,at least 24 months to capitalize on the excellent results expected based on existing products. This is my opinion and should not be taken as a financial advise.
I appreciate your conviction. I do agree that these are the opportunities for existing Tesla investors to buy more at less expensive valuations. Thanks for commenting!
I saw the engineering team responded to the claims. I'm glad it's a non-issue. It reminded me of the time Toyota had to deal with their Tacomas rusting out. Thanks for commenting!
I want to see some serious investment in their charging network. With other carmakers adopting the technology, imagine the consistent revenue stream coming from those stations. And we'll see what they can do with their robotics...
The Cyber Truck was an enormous disappointment. Fine you raise the price 10% or 15% but 80% higher! Plus they had 5 years to deliver on specs and the has no better range than Rivian. And Ford lightening has equal towing range. I won't be taking delivery of vehicle with such abysmal towing range. I liqidated 80% of my shares, don't believe this is short term. As much as i appreciate Elon's commentment to free speech, it has alienate 75% of his base and that is the base that was on board with EV's and going green. I tried to talk my gf into a model Y and should would have nothing to do with it bought a RAV4, my buddy tried to get he his wife into to a Y also and she got a Lexus. There stubborness on marketing is killing them and there inablitly to see this there Achilles heel. They will eventually turn it around but my guess it will stay in this range for many years.
That's an interesting observation - women are involved in the majority of car purchase decisions, and they hate Elon's commitment to free speech! ;) I have a hybrid RAV4 for a company vehicle, and its hybrid system seems a touch too mild - it can't quite reach or maintain the urban speed limit on battery, and in slow traffic the battery's only good for half a mile or so. I guess I'm invested in Tesla because of Elon and as a gamble on their future growth prospects, but I'm more of a classic car guy and I don't see myself buying an EV until they make one for us luddites. 😛
Valid skepticism here. I think a lot of us question if EV trucks are even viable with today's technology. Even with traditional trucks, we've seen how difficult it is to balance performance & reliability with fuel efficiency. In the case of EVs, balancing that with battery range. Ok...I've recently been in both the new RAV4 and the Model Y. And I can objectively say the RAV4 is the better deal. The Model Y is BARELY a 3-row SUV without any of the sport functionality of the RAV. Thanks for watching!
I've had a few conversations with people that believe the Hybrid Car Market will be the first sector to actually supplant ICE vehicles on a large scale (not full EVs). And I can't say that's crazy. The hybrid vehicle is a natural steppingstone between ICE and EV, and doesn't require a complete overhaul of our existing infrastructure. I'll be waiting to buy one as well!
BYD is an attractive buy...I'd like to see them test out markets outside of that part of the world. Capturing American market share would be unprecedented for Chinese auto-manufacturers.
@@alex.herrera I'm not even worried about the American aspect, plenty of money in emerging markets, who will appreciate the economics of cheap and efficient cars.
BYD are not a good comparison with Tesla. The business structure and their manufacturing methods are completely different. BYD are much more focused on quickly ramping to capture a wide spread of the market. Tesla are focused on efficiency, streamlined process and their entire innovation ecosystem. On a superficial observation BYD might look stronger, but the long term test of quality will favor Tesla... Besides, they are both competing with ICE, not against each other.
You make some interesting points. And I completely agree on all EV-makers competing against ICE! Here's where my head's at:
Given that I've never personally seen or been inside a BYD vehicle, I can't speak to their overall quality.
If BYD is focused on quickly capturing market share, their operations will need to be both efficient and streamlined (to your point - why Tesla has prospered in the US). Their "innovation ecosystem" will also need to be diverse, which is something they're showcasing with the prominence of their batteries. And they're proving to be one of the only competitors financially capable of fighting Tesla on price and margins.
Is Tesla the stronger of the two? I believe so. But BYD's strength in the Chinese market is legitimate. Something I'll continue to watch closely.
Thanks for sharing your view!
I’m one of those cybertruck reservation holders that won’t be buying one. I reserved it because they were going to give me a discount for no paint and no curves. They want me to abandon a down payment for a house.
I vote for the house! 🤣
There is no general decline in EV interest. In China and Europe it is going crazy. Also look at the long term stock price for Tesla. Twice it stod still for 3-4 years and then exploded up to 10x .
I agree with you! The long-term prospect of Tesla outweighs these short-term setbacks. Although, I do push back on the notion current demand for EVs hasn't slowed. Major manufacturers are reducing production, lowering expectations, and citing several barriers moving forward (limited infrastructure, early adoption risks, generally higher prices). Tesla's price war with competitors like BYD was the product of slowing demand. That's not to say EV won't rebound or won't grow over this year, because I think the space WILL meaningfully grow (just not as fast as years prior).
Thanks for commenting!
When the blood is on the street the smart investors always load up. Not sale. In barely 12 to 24 months life span the stock will be a great winner, thanks to: not carrying any debt, having 30 billion in cash reserves, his best of the best EV under every single parameter of comparison and still the most profitable car company in the world. BYD can sell all their cheapo obese, and inefficient EV in the world. but everybody knows who make the finest, most efficient, safest and most reliable EV on the planet. to sell its stock now at wall St. price is totally stupid, and extremely intelligent to buy more, and wait,at least 24 months to capitalize on the excellent results expected based on existing products. This is my opinion and should not be taken as a financial advise.
I appreciate your conviction. I do agree that these are the opportunities for existing Tesla investors to buy more at less expensive valuations.
Thanks for commenting!
Buy and hold. Also, take hold of emotions.
Hodor 😂😂😂 until you sell right? Ok bud, just be the first to pull the rug out from the others
@@jfoedbilly1056 He he, exactly - it only hurts if you sell impusively or emotinally at ridiculous lows. Buy and hold
Not Hodor 😂
I second that!
Nice video bro good quality as always
I appreciate you sir - as always.
The rust was proved not true
I saw the engineering team responded to the claims. I'm glad it's a non-issue. It reminded me of the time Toyota had to deal with their Tacomas rusting out.
Thanks for commenting!
I'm invested for more than just their car business
I want to see some serious investment in their charging network. With other carmakers adopting the technology, imagine the consistent revenue stream coming from those stations. And we'll see what they can do with their robotics...
The Cyber Truck was an enormous disappointment. Fine you raise the price 10% or 15% but 80% higher! Plus they had 5 years to deliver on specs and the has no better range than Rivian. And Ford lightening has equal towing range. I won't be taking delivery of vehicle with such abysmal towing range. I liqidated 80% of my shares, don't believe this is short term. As much as i appreciate Elon's commentment to free speech, it has alienate 75% of his base and that is the base that was on board with EV's and going green. I tried to talk my gf into a model Y and should would have nothing to do with it bought a RAV4, my buddy tried to get he his wife into to a Y also and she got a Lexus. There stubborness on marketing is killing them and there inablitly to see this there Achilles heel. They will eventually turn it around but my guess it will stay in this range for many years.
That's an interesting observation - women are involved in the majority of car purchase decisions, and they hate Elon's commitment to free speech! ;)
I have a hybrid RAV4 for a company vehicle, and its hybrid system seems a touch too mild - it can't quite reach or maintain the urban speed limit on battery, and in slow traffic the battery's only good for half a mile or so.
I guess I'm invested in Tesla because of Elon and as a gamble on their future growth prospects, but I'm more of a classic car guy and I don't see myself buying an EV until they make one for us luddites. 😛
at current production rate there are many people who would pay even more for a Cybertruck. Once they ramp up price will go down
Valid skepticism here. I think a lot of us question if EV trucks are even viable with today's technology. Even with traditional trucks, we've seen how difficult it is to balance performance & reliability with fuel efficiency. In the case of EVs, balancing that with battery range.
Ok...I've recently been in both the new RAV4 and the Model Y. And I can objectively say the RAV4 is the better deal. The Model Y is BARELY a 3-row SUV without any of the sport functionality of the RAV.
Thanks for watching!
I've had a few conversations with people that believe the Hybrid Car Market will be the first sector to actually supplant ICE vehicles on a large scale (not full EVs). And I can't say that's crazy. The hybrid vehicle is a natural steppingstone between ICE and EV, and doesn't require a complete overhaul of our existing infrastructure.
I'll be waiting to buy one as well!
Invest in a real profit making growth company, BYD... you'll be in good company with Buffett
BYD is an attractive buy...I'd like to see them test out markets outside of that part of the world. Capturing American market share would be unprecedented for Chinese auto-manufacturers.
@@alex.herrera I'm not even worried about the American aspect, plenty of money in emerging markets, who will appreciate the economics of cheap and efficient cars.