Posted by AnakUlarSawa > 2023-10-20 15:27 |

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Posted by AnakUlarSawa > 2023-10-20 15:31 | Report Abuse

BMW (ticker: BMW.Germany) isn't known for EVs. It's a luxury auto maker that makes sleek, stylish -- and pricey -- sedans such as the 8 Series Gran Coupe, the M3 sports car, and the X5 Sports Activity Vehicle. But the German company has also become a stealth EV play. It delivered 93,931 all-battery electric vehicles, or BEVs, during the third quarter of 2023, more than General Motors $(GM)$, Ford Motor $(F)$, and Rivian Automotive $(RIVN)$ combined.

Some traditional auto makers have larger EV businesses, but few can match BMW's sales mix. The larger Volkswagen (VOW.Germany), for instance, sold 210,000 BEVs during the third quarter, but that amounted to 9% of total sales. BEVs made up 15% of BMW's total third-quarter sales, up from less than 9% the year before, a number that doesn't include its hybrid sales. That puts the company in an enviable position. "BMW has both kept powertrain options open and been methodical about developing EVs," says Jefferies analyst Philippe Houchois.

Posted by AnakUlarSawa > 2023-10-20 15:34 | Report Abuse

Producing a great EV or two by itself doesn't make an auto stock worth owning. But it does mean that a traditional car maker has a viable business model down the road, even if the global market for gas-powered cars is half its current size in 2030, as Wall Street, and the car companies, expect. Without the existential risk of a declining gasoline-car business, investors can evaluate BMW stock based on its fundamentals.

Not everything is perfect. Pricing, for instance, will act as a headwind. New-car prices in the U.S. are still up more than 20% from prepandemic levels, which has been helpful for operating profit margins that are expected to hit 11% at BMW in 2023, up from a historical average of 9%. Wall Street projects that margins will fall back to 9% in coming years, pressuring earnings, which could hit $17.50 a share in 2024 after peaking at almost $29 in 2022.

Posted by AnakUlarSawa > 2023-10-20 15:34 |

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Posted by qqq47660 > 2023-10-20 15:45 | Report Abuse

what I think of such articles?

I am with EV God. These are nokias and Motorolas. in denial stage.

companies like VW, Toyota, Honda, they make half their money in China.

if higher interest rates in America affects Tesla, u think it does not affect the legacy cars meh?

in recent years, the car companies keep selling bigger and bigger cars and SUV , the average price of a car is $ US 50,000, this will drop by half. In the mean while, the EV will be better and cheaper. All legacy cars ta pau soon.

Posted by qqq47660 > 2023-10-20 15:48 | Report Abuse

Toyota and Honda are still the most stubborn which is most surprising since Japs are supposed to be most environmentally conscience.

Posted by qqq47660 > 2023-10-20 15:49 | Report Abuse

AnakUlarSawa

Catl new SuperCharger can beat Tesla one kah. Tesla still ada hope lagi kah. Haiyoh. Correct?
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tesla not like america politicans la.......Tesla will use whoever is best.

Posted by AnakUlarSawa > 2023-10-20 17:16 | Report Abuse

How Elon Musk's China challenges may cost Tesla its next $800 billion in market cap

Posted by AnakUlarSawa > 2023-10-20 17:17 | Report Abuse

Tesla’s pains in China have been partially a result of widespread subsidies, and partially self-inflicted missteps, as it failed to keep up with the fast evolving market of the developing nation.

In Walter Isaacson's much-discussed biography of Musk, he tells a story in which the billionaire pursues driverless robotaxis as Tesla's future, putting off plans to create a mass market car that would sell for around $25,000. His logic was that an autonomous car would make the cheaper Tesla irrelevant. The development of a fully driverless car is still far out in the future — but a $25,000 Tesla would be useful right about now.

China's market needs and demands cheaper EV options, as it's a country where the average urban worker earns less than $10,000 annually. Tesla's market share in China has accordingly shrunk from 15% to 10% between 2020 and 2022.

Posted by AnakUlarSawa > 2023-10-20 17:19 |

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Posted by qqq47660 > 2023-10-20 17:41 | Report Abuse

tesla is still be hot favorite in EU and USA.........................tesla is like apple. very difficult, almost impossible, for Chinese EV to dominate in EU and USA.

Posted by qqq47660 > 2023-10-20 18:57 | Report Abuse

https://youtube.com/shorts/qdTyBV-6HpY?si=plCHiJWFLdyfiEVg

Posted by qqq47660 > 2023-10-20 19:05 | Report Abuse

https://www.statista.com/statistics/972845/electric-vehicles-leading-models-europe/

Europe EV of VW Audi Merc and BMW combined a fraction of tesla

Posted by qqq47660 > 2023-10-20 19:12 | Report Abuse

VW is the most indebted company in the world. Next is Toyota.

at least VWs in panic mode and admits it. Toyota is in denial and lies about every thing.

America legacy companies gone case.

Posted by qqq47660 > 2023-10-20 19:14 | Report Abuse

somebody still have to sell cars, and it will be tesla and Chinese EVs.

Posted by qqq47660 > 2023-10-20 19:26 | Report Abuse

the luckiest people are the Chinese........so many choices and options in China.

BYD is the leader but there is also the Huawei car Aito, Geely Zeekr, Volvo, polestar, SIC MG, GAC AION, Nio, X peng, Li, Neeta, Cherry, Huawei Cherry, wuling, many many more. from USD 10,000 to USD 200,000.

Posted by qqq47660 > 2023-10-20 19:35 | Report Abuse

over the next few years, all foreign brands especially Japanese cars will disappear from China...and the German become niche players with small market share.

Posted by AnakUlarSawa > 2023-10-20 20:15 |

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Posted by qqq47660 > 2023-10-20 21:36 | Report Abuse

When new technology comes along u have to understand the new technology. Understand the s curve otherwise u become the new Nokia.

Every year about 10 million cars are sold in EU. EU itself intends to go fully electric by 2030 or 2035. And the data suggest the s curve is on
And VW and legacy car companies EV cannot compete with Tesla . That is what the data shows. Q4 will be a very strong quarter for Tesla in Europe. With new model3 and prices that cleans the floor of what VW BMW and others have on offer.

Europeans are still losing money on every EV they sell. Die or not? Their cost their technology is just competitive to giga press used by Tesla.

VW suggestion is to import VW made in China to be sold in Europe. Die or not? While the idea is good can they overcome the politics ?

Posted by qqq47660 > 2023-10-20 21:39 | Report Abuse

When new technology comes along u have to understand the new technology. Understand the s curve otherwise u become the new Nokia.

Every year about 10 million cars are sold in EU. EU itself intends to go fully electric by 2030 or 2035. And the data suggest the s curve is on
And VW and legacy car companies EV cannot compete with Tesla . That is what the data shows. Q4 will be a very strong quarter for Tesla in Europe. With new model3 and prices that cleans the floor of what VW BMW and others have on offer.

Europeans are still losing money on every EV they sell. Die or not? Their cost their technology is just uncompetitive to giga press used by Tesla....some more the best the cheapest batteries come from byd and catl and Europeans using Korean batteries..
Eho

VW suggestion is to import VW made in China to be sold in Europe. Die or not? While the idea is good can they overcome the politics ?

Posted by qqq47660 > 2023-10-20 21:42 | Report Abuse

2022 data is long outdated already. 2023 is a very different year and 2024 even worse for European companies

Posted by qqq47660 > 2023-10-20 21:48 | Report Abuse

In technology and in cost, the legacy companies are no longer competitive.

In car design, softwares, options, manufacturing prowess, and on what consumers want , the Chinese beats the European companies...die or not?

Posted by qqq47660 > 2023-10-20 21:49 | Report Abuse

And Tesla will retain its lead in Europe , , with prices cuts and improved model 3 and model y

Posted by qqq47660 > 2023-10-20 21:50 | Report Abuse

The European companies still losing money on EV and cannot cut prices without committing suicide

Posted by qqq47660 > 2023-10-20 22:18 | Report Abuse

there are 2 things to do consider here.

there is share price and there is reality.

in reality, Tesla and BYD will continue to do well.

in share market, well, share market has many problems . and these problems are outside the control of tesla.

Posted by AnakUlarSawa > 2023-10-20 22:29 |

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Posted by AnakUlarSawa > 2023-10-20 22:30 |

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Posted by AnakUlarSawa > 2023-10-20 22:32 |

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Posted by qqq47660 > 2023-10-20 22:38 | Report Abuse

AnakUlarSawa

Tesla down further 215 liao leh. If pecah 200 then habis liao. Haiyoh. Correct?
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why habis?. 2023 low is 130...............200 still 70 more than 130.

Posted by qqq47660 > 2023-10-20 22:42 | Report Abuse

for Tesla, model X and model S sales is irrelevant compared to model y and model 3.

in future tesla, has model 2, cyber truck and tesla semi.

Posted by AnakUlarSawa > 2023-10-20 22:42 |

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Posted by AnakUlarSawa > 2023-10-20 22:44 |

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Posted by qqq47660 > 2023-10-20 22:45 | Report Abuse

https://www.youtube.com/watch?v=v0Xhk-2hJtA&t=10s
The REAL reason GM delayed electric Silverado production until 2026

lies and telling lies is very wide spread with GM and Toyota.........but the media has given them a pass.

Posted by qqq47660 > 2023-10-20 22:46 | Report Abuse

AnakUlarSawa

Pecah 200 can go lower leh. Haiyoh. Correct?

========

that is not how it works for a company with a great future.

Posted by qqq47660 > 2023-10-20 22:47 | Report Abuse

the main thing tesla customers very satisfied customers

Posted by qqq47660 > 2023-10-20 23:05 | Report Abuse

it is the mission of Chinese EV and tesla to make EV cheaper than petrol cars, and in China has largely succeeded.

now the problem is with legacy autos.

Posted by qqq47660 > 2023-10-20 23:06 | Report Abuse

everybody else is unable to make EV and sell at a profit.

Posted by AnakUlarSawa > 2023-10-20 23:19 |

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Posted by AnakUlarSawa > 2023-10-20 23:21 |

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Posted by LittleKnife > 2023-10-20 23:23 | Report Abuse

die d ?

Posted by AnakUlarSawa > 2023-10-20 23:29 |

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Posted by qqq47660 > 2023-10-20 23:33 | Report Abuse

Even strong earnings might not be able to save stocks

its not about tesla. Its about stock market.

Posted by qqq47660 > 2023-10-20 23:34 | Report Abuse

finance.yahoo.com/news/even-strong-earnings-might-not-be-able-to-save-stocks-093000833.html

Posted by qqq47660 > 2023-10-20 23:34 | Report Abuse

https://finance.yahoo.com/news/even-strong-earnings-might-not-be-able-to-save-stocks-093000833.html

Posted by AnakUlarSawa > 2023-10-20 23:44 |

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Posted by qqq47660 > 2023-10-21 00:31 | Report Abuse

while China celebrates EV and everyone buying EV, America is going in the other direction. .....the S curve is still real and the limiting factor for tesla is production ,not sales.

Posted by qqq47660 > 2023-10-21 01:34 | Report Abuse

if it is true america goes anti EV just because China is good at EV, then just too bad for the world and climate change.

Posted by Felix999 > 2023-10-21 08:08 |

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Posted by AnakUlarSawa > 2023-10-21 08:27 |

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Posted by AnakUlarSawa > 2023-10-21 08:35 |

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