Smart BYD investors will make billions over the next 2 years
ฝัง
- เผยแพร่เมื่อ 18 มี.ค. 2024
- Smart BYD investors will make billions over the next 2 years
-
👇👇 Buy something and support The Electric Viking Store 👇👇
shop.theelectricviking.com/
Size guide and other help for the store 👇
theelectricviking.com/the-ele...
🔔 Subscribe and hit the notification bell! ► www.youtube.com/@electricviki...
Join me on Patreon ► / theelectricviking
Join as a member in The Electric Viking TH-cam►
/ @electricviking
Members-only videos (see videos before anyone else)►
• Members-only videos
👇 Please donate here for Shanna (Viking's wife) if you can 👇
gofund.me/ef6650d7
See what happened to Shanna:
• Stage 4 can go to hell...
The Electric Viking on other platforms:
Rumble ► rumble.com/c/TheElectricViking
Facebook page ► / theelectricvikingfb
Facebook group ► / theevfbgroup
Twitter ► / theevking
Instagram ► / theelectricvking
Pinterest ► / theelectricviking
Telegram ► t.me/theelectricviking
TikTok ► / theelectricviking
👇 See more about me 👇
• You've been asking; he...
👇 My Bali trip 👇
• I went to Indonesia an...
👇 Video about My Skateboard 👇
• EASIEST & cheapest way...
👇 Subscribe to my kids channel 👇
tinyurl.com/subscribetojackan...
See more videos about BYD:
14 year old crashes BYD electric car into department store in Australia
• 14 year old crashes BY...
BYD reveal e2 crossover EV with Blade battery starting at $12,000 USD
• BYD reveal e2 crossove...
BYD says EV sales in China will hit 50% market share in 3 months
• BYD says EV sales in C...
Study says BYD Seal & Dolphin are safer than Tesla Model Y & Model 3
• Study says BYD Seal & ...
BYD says it will increase EV sales 500% in Europe
• BYD says it will incre...
BYD wins 1st and 3rd in Japan's Electric Car of the Year awards
• BYD wins 1st and 3rd i...
New 2024 BYD Atto 3 launches gets new colour and other upgrades
• New 2024 BYD Atto 3 la...
BYD slashes new EV prices 30% as it creates EPIC EV price war in China
• BYD slashes new EV pri...
BYD will build EV Gigafactory in Mexico but "no plans to sell EVs in the US"
• BYD will build EV Giga...
BYD reveals plan to prioritise hybrid sales over Electric car sales in 2024
• BYD reveals plan to pr...
BYD buys back stock after investors spooked by 'blood bath' in China
• BYD buys back stock af...
2024 BYD Dolphin gets lower price model with impressive new features
• 2024 BYD Dolphin gets ...
BYD's CEO says it is GAME OVER for ICE and legacy car makers this year
• BYD's CEO says it is G...
BYD Seal owner presses a button on the touch screen and this happens...
• BYD Seal owner presses...
Volvo joins BYD and Tesla, growing electric car profits by 400% in 2023
• Volvo joins BYD and Te...
Geely's EV sales skyrocket 306% in January as it passes BYD & VW
• Geely's EV sales skyro...
BYD exports grow 247% in January but Tesla takes back global EV sales crown
• BYD exports grow 247% ...
BYD reveals plan to increase profits by billions and start catching Toyota
• BYD reveals plan to in...
BYD reveals plan to use Mexico as 'back door' to flood America with cheap EVs
• BYD reveals plan to us...
Did BYD really overtake Tesla as worlds largest EV maker? Yes and No...
• Did BYD really overtak...
BYD to take on Tesla's Giga Berlin with electric car GIGA-factory in Europe
• BYD to take on Tesla's...
EV expert says "you’d have to be CRAZY to buy a Non-Tesla EV in 2024
• EV expert says "you’d ...
Tesla EV deliveries rocket 45% in Europe while VW struggles with demand
• Tesla EV deliveries ro...
Tesla will move most U.S. auto production to Mexico in 2 years
• Tesla will move most U...
#byd #bydstock #bydevs #bydsales #evsales #evproductions #evnews
👇Reference to the news/charts & videos used in this video:
This channel may use some copyrighted materials without specific authorization of the owner; but content used here falls under the “Fair Use” Copyright Disclaimer under Section 107 of the Copyright Act 1976.
Allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
Contact us for any copyright issues. If you want a credit of any footage we are using, please let us know.
Website: theelectricviking.com/contact/
Email: contact@theelectricviking.com
BYD chairman announced buyback, my first thought was how many shares does he own. Spoiler alert, 59 percent of them.
Guess he belives in his own company, possibly a good sign?
BYD builds factory in Uzbekistan also, in Septemer they will start production, planned maximum is 500.000 ev and hybrids a year
Is there anybody there who believe that Central Asia nation and neighbors will soon have the purchasing power to buy half a millions cars?
BYD also officially released their generation 2 Blade Battery recently called "B30刀片电池". This new offering increased the energy density from 140 Wh/kg to 170 Wh/kg at the pack level. It will allow fast charging of a BYD Han size EV to obtain 500 km CLTC (probably 335 ~ 400 km EPA) in just 10 minutes provided you can actually find a rapid charger strong enough.
Their battery business should grow twice as fast as their car business as they can sell batteries to other car companies, homeowners with solar and utilities with solar and wind farms. If BYD was valued at 20% of CATL, the stock price would triple.
LOL. Sam needs to make up his mind. One day, BYD sales are cratering and they are blowing it in Europe. The next day, BYD stock is going to skyrocket! The pressure to make content is real!
He's been a fan of Tesla and BYD for as long as I can remember, and generally positive on all EVs.
@reginald7214 You seem like an intelligent unbiased thinker
@@reginald7214 you are correct.
Time frame is relevant.
Cratering demand a quarter or two does not mean the share price will not be higher in 5 years.
Both things can be true at the same time.
He's paid by the Chinese network
At the beginning of 2024, I sold Tesla and bought BYDDY and TM. Both have done well.
none of them are doing well this year..
@@aoh4905 I don't know what you call "doing well." Toyota (TM) is up 35% year to date. I'll take 14% gain/month any day. Toyota is up 81% over the last 12 months. People want hybrids rather than BEV.
@@aoh4905 Who is ?
Byddy went down and then up from the first of the year to now. It's almost exactly the same price as the beginning of the year.
Toyota (TM) is up 35% year-to-date. Toyota is up 81% for the last 12 months.
Dude!!!! Yang wang would be legendary!!
Stocks can go up aswell as down, or just like EV's, run out of charge!!
Since you don’t have insider information on the company financials, you better look at top officials at BYD or Warren Buffett and what these people are doing with their BYD stocks before buying this stock.
BVD
Warren Buffett was doing the economic hit job for the financial elite... good compass for the stock market, but not always correct.
The biggest problem with BYD is too many brands and too many models for their EVs. Tesla sells more with just 5 models than BYD does with 20! Developing each of these models has a fixed cost, some of those BYD models don't sell well enough to pay back that development, thus a drag on their profitability. Tesla, on the other hand, makes a profit on 4 of their 5 models - and the Cybertruck will soon be profitable.
...yeah...just you look and wait...won't get lower than now. 600€ by April 2026. Unlike you I take that risk. If you ain't got no money to burn you shouldn't invest anyhow. People who use money they really need to gamble are straightout stXpid mfers.
@@chrismuir8403These models are developed with a unified platform. They are not crazy or dumb.😅
8:50 Yes only a little for some population bought their house but not majority. Average Chinese family save 30% of their income. And most don't have a mortgage. Even if they have, they already paid 40 or 50% down payment. It's a different society. Chinese never encouraged to borrow from the future and living on the resource that don't have.
Westerners live in the present by borrowing future money. The Chinese are way more stable.
What do they invest thier savings in?
@@bst3690Risk
That is not a smart way to manage your money especially when inflation is high, in 1994 was 25%, 95 was 17% and 96 was 8.5% in China, that means in the space of 3 years everybody that was saving cash lost 33% of what they had.
@@isaac827 Inflation is always being some what controlled in Chinese society....China reserved 40% of the world food storage. The Ukraine war and co V ee 19 created almost no inflation in China.
As a novice stock enthusiast trying to predict which stocks are going to take off and get in early is a bad idea. If they are going down they are going down for a reason.
The people who have the ability to push the price up are very well informed and cause very obvious shifts in price.
Wait for the bulls to start pumping before joining the rally.
Rich people will get richer. Most people need all the money they can make for day to day living.
The percentage of new car sales in China which is NEV is growing exponentially. in two years, it will be 80%-plus. Some quick math: In 2023, China's car market was 30 million cars. 80% of that is 24 million. If BYD maintains it's 30% market share of NEV sales in China, in two years it will be selling 8 million cars in China alone, plus whatever its exports have grown to, plus whatever its battery business is, plus whatever its semiconductor business is, plus whatever its energy storage business is. This growth story is far from done.
you can say this about any company if you think about it...
Don’t talk about NEVs, as it includes both PHEVs & BEVs, and PHEVs are just ICE cars with a tiny dildo size battery and pollutes 75% that of ICE cars.
In Brazil 🇧🇷 they just have to repourpose the factories they took after Ford left the country.
There will be 3 factories. One will make batteries one will make cars and one will make buses
Youre gonna fined the 100.000$, Sam. You said yourself you cant give financial advice yet here you go and keep doing it
Its his opinion not advice.
Financial advice would be saying to buy BYD at a specific price range. He is only saying an opinion.
How come we don't hear from all these people when he says to buy Tesla?
I saw a TH-cam video a few days ago talking about BYD is on track to bring their 1st generation solid state battery to market later this year. That video was all in the Chinese language. It said that BYD has been working on their solid state battery technology for more than 6 years, and BYD has the most number of patents related to solid state battery. This BYD solid state battery is rumored to have energy density of 400 Wh/kg and capable of extreme fast charging. It is also rumored to have very wide operating temperature latitude. Unlike CATL and many other battery manufacturers, BYD never says anything until their product is on the market. I think this rumor is highly credible because BYD has several highly esteemed battery scientists from the Chinese Academy of Sciences on their payroll. Assuming this rumor is true, then this could explain why BYD have drastically reduced their prices across the range. Their action looks more and more like they are trying to clear their inventories in preparation for a new generation of EVs that will literally blow their competition away.
Yes, and that video and numerous others like it have been blasted across every platform for some time now,... Still waiting,...
let's hope we don't have to wait too much longer. It's interesting that BYD themselves never say a blip about solid state battery in any of their official conference calls. No reference to solid state battery can be found on any of their official websites. There is an interesting article from Electrek that states "Chinese automakers and battery giants, including BYD, CATL, and NIO, are teaming up to form an “all-star” lineup aimed at developing all solid-state EV batteries". The fact is BYD only talks about what they have actually done. They never embellish in boasting about what they plan to do. Just because they are not talking about it openly, it doesn't mean they are not working on it frantically behind the scene. This is the major difference between traditional Confucian culture and modern Western culture. One does a lot without saying much, and the other talks up a storm and not much is ever done after talking.
That last part makes sense
When will CATL release there Sodium Ion battery ?
(For Stationary storage )
_"It's better to own a great stock at a fair price, than a fair stock at a great price."_
- Warren Buffet
Tesla = great stock
BYD = fair stock
ANY BYD SP ANALYSIS WELCOME! Thanks
its a solid company to own, thats for sure!
You should disclose if you are benefiting from BYD directly or indirectly.
If you watch this channel enough you would know that Sam owns stock in BYD & Tesla. Otherwise, why we he be talking some much about these two companies?
They are building one in Indonesia too
Good job, Sam!
BYD looks like a very wise investment now and probably it is. Like investing in Apple in the early 2000s.
Not even close
That is not even close.
I appreciate the efforts that you bring latest news and information of the EV industry. But predicting EV stock price and suggesting audience to buy in is a bit too far to go for an industry which is still quite volatile.
I thought you advised to stay away from the Stake trading platform?
I wanna lease a yang wang fo 2 weeks! I just like the name if im honest!
BYD is a tenacious competitor. The short term may be difficult with their current concentration of sales in China and the cutthroat market. Long term they will be expanding worldwide.
In the 1980s, Chevrolet released a compact car called the Pinto. The car did not sell well in Brazil, partly due to the fact that in Brazilian Portuguese, 'Pinto' means 'little boy's penis.' In the early 2000s, the electronic giant Best Buy opened in China. The direct Chinese phonetic translation is 'Better Price Elsewhere,' so they retained the English name but created a completely different sounding Chinese name. BYD will need to learn to market its products effectively as it expands.
Wasn’t the pinto a Ford?
It trades on the over the counter market. Not a raging endorsement. Surprised buffet would speculate in the OTC . I guess BYD prefers less scrutiny as OTC is a bit of the wild West . Nio even trades on the NASDAQ .
Now you can get big wins in the OTC but you can also suffer big losses . I have mostly lost in that market but lottery tickets are alluring
Shure, a couple of month's back Tesla was going to the moon. Now -33%, talk about cars not stonks.
Doubt that evergrand got much to do with the Chinese EV market. The debt issue with evergrand has been known and ongoing since 2018 before even the EV boom and somehow it dosen't effect the EV market in China from 2019-2023 but they did in 2024 ?
i tried to buy BYD via CMC but there was a minimum purchase of from memory about $15000- more than I'm willing to buy. Is there any way to buy smaller packages?
The price of the 2024 Rimac Nevera is expected to start around $2,200,000 and go up to $3,000,000 depending on the trim and options.
Your 7 million is just nonsense.
Lads this means he’s dumped some Tesla stock and bought BYD. Tbf should have dumped Tesla as soon as the started reducing prices. Nobody with a moat ever ever reduces prices
The EV sector in China is going through a rough patch right now, but I think BYD benefits even more now than before because of their positioning and cost structure.
Underpriced? What about the blood bath you were reporting on last week? What about the 40% drop in sales you were reporting on two weeks ago?
Next Toyota in my view.
18:46 - Berkshire Hathaway actually owns 8.05% of BYD...
The chairman that announced buyback owns 59 percent
@@justinr9753 super rich guys in China are not oligarchs. They don't stand for that. There is no _its all my property and I can do whatever I want. Nothing you can do about it._ If they piss off enough of the little guys, those will agitate and the state will remind you that they are still communist and personal wealth is only tolerated.
@@justinr9753...the chairman alone isn't Berkshire Hathaway.
Thought Buffet sold out or did he just trim?😊
@@chillfluencer the chairman of BYD.
I think it’s not a bad idea. :)
A lot of Haters on your channel now Sam.........ignore and Keep up the positive fight....
Thank you, I will
Byd is not in the 20s. Its in the 60s now. Where did he get the price from ?
Hi Sam. Thank you so much for helping me make 10% profit on BYD stock this year alone, and I'm a Chinese! 😂 But I keep wondering why you keep talking about an incoming downturn in the Chinese economy this year. The general sentiment is that Evergreen is a thing of the past and people are relatively clear of where the country's economy is heading now. That's why we're seeing quite a bit more economic activity compared to last year, here in Beijing at least. The lower sales of BYD so far are the consumers waiting on the price drops of other brands who are following BYD's price drops. People will hold off buying until they can have a more complete comparison on potential options. Anyway, that's just my personal take. Keep up the great work!
I mean byd marcet cap is 500 billions, thats unreal. You already miss the train
Awesome analysis, of BYD, thank you
19X PE isn't cheap when the average HK stock is trading 8X
I was ordering a byd seal but fortunately santander leasing made wrong cost and needed to adjust so whilst re calculation I tried to get insurance quotes but completely FAILED only a broker offerd a quote , £1546 aviva no.and admire said would need to price but never came back to me
So cancelled and.went for AUDI q40 and cost was £750 ish by the time of ordering £890.
£1500 / £750 ish crazy difference
Sad I really want the BYD seal.
Your Elephant picture behind is beautiful. The work of real art!
Thank you very much!
I'm in
They better collaborate and create monster company named BYDESLA
BYD has too improv the autonomous driving and the charging speed, with these 2 improvements the will boost the performance and value of the Cars. Result will be high sales in World.
BYD price cuts will not reach Australia.
Hybrids are going away long term….no mention at all here about the fact BYD is building (lots of) gas engines.
yang wang is a great name
everyone that speaks english will
make fun of that
“big yang wang” suv!
Open wide for my big
yang wang!
i want to put it in your garage and get it charged up.
Every young ones should own one Yang Wang. 😊
"Yangwang" - "Looking Up"
Looking up
BYD today unveiled the logo of its luxury new energy vehicle (NEV) brand "Yangwang" (meaning "looking up" in English) via a WeChat account the company registered for the brand.
BYD unveils logo of 'Yangwang' high-end auto brand
That's if they can break into the North American and European markets in a big way. The big tariff hurdles being threatened by the EU and USA could put a kibosh to that. BYD will likely have way more success as a battery supplier, and I expect BYD to supply blad battery packs to anyone that wants them worldwide.
BYD will take ASEAN 700 million people growing at 5% GDP, also Gulf countries and Latin America. BYD knows Europe is tough in multiple ways
@@protagonist9716 Most likely ASEAN. Maybe South Americanif they can build a factory in Brazil or Argentina.
As soon as Elon bought Twitter the Tesla momentum crashed down.
Well, with 3 new vehicles and tesla energy profite coming soon, we will see what happens
Yes opinion turned against him, however Tesla the company still continued to Sell cars and grow as a business so was a good buying opportunity for fundamental investors. EV stocks in general are down compared to 2021.
Warren Buffett I think he made a big mistake long term trimming his position. My problem with Warren Buffett he doesn't pay dividends and can somebody tell any company with a higher percentage of Apple stock in their portfolio if I had $10,000 would I invested in BRK or BYD
Definetly agrree. Question is top up now or wait six months ;)
Well down BYD
With so many models, how about spare parts?
You are talking about BYD. A highly vertically integrated manufacturing powerhouse in Chin. Their 4 main industries are in automobiles, renewable energy, electronics, and rail transit.
@@kamsunleong6648
But I live in Sweden. If I buy a new BYD dolphin, how can I be sure that there are Spare parts?
My old Saab may have been discontinued a few decades ago, but there is still some spare parts available.
Most Chinese do not spend their grandchildren's money, since they believe it is a crime if doing that
I'll add to my comment. Yeah I know he buys back stock
Sam - they are bankrupting
Batteries are good, the cars rust in two years
@ohilgreen: you do know that video you are basing your comment on was proven to be deceptive video. The rust story was proven false. Further research this and learn the full story (propaganda)
In a recent interview, Byd's owner, Wang CF said BYD is not a vehicle company but a new energy company instead.
Aren't sales in China collapsing right now?
What he said isn’t it?
@@jsanders100 He said that in a video one week ago.
You all need to see how the Chinese builds their buildings...tofu dreg..omg..just because of that, i would be wary abiut buying byd stocks
True. Like their space station and high-speed rail. Are they still intact?
That would be the worst investment ever
Buffet and Munger bought a 10% stake in BYD back in 2008 for USD228 million. This investment is worth USD6 billion as of last year. No surprise why Buffet started selling some of his shares.
BYD stock has been flat for 10 1:23 years. Their only stock movement is when they cut their price. Pitted against Tesla and their price cuts, I would not take that bet.
Hey Sam, send some veggiemy to Michigan
Well done BYD cheers mate
Thank you! Cheers!
Soon many models and subsidiary brands with multiple models...the servicability from spare parts scarcity will be so bad that resale values will be absolute shite
You are talking about BYD, a manufacturing powerhouse in China. One of the most vertically integrated auto manufacturer anywhere.
BYD doesn't make money on the cars they sell with all there price cuts.
Also Demand has fallen off a cliff only Chinese citizens will buy them.
January and February down China added sale tax to cars so they oversold November and December not mention 2 week newyears celebration!
According to the data released by China Automobile Industry Association, from January to February, 2024, China exported 822,000 automobiles, up 30.5% year-on-year.
Viva China
Nvidia $ 2,200 this year.
Today's Cisco
It’s all about negative Chinese sentiment
You should take this video down before you get in trouble for giving financial advice.
Unfortunately, predictions of stocks going to the moon need to be tempered by the reality that stocks don't rise unless there are more buyers than sellers - and that requires liquidity in the market - which there is a lack of because of high interest rates and a sluggish economy. So yes, BYD may rise, and so may Tesla, but the extent of that rise is probably not going to be meteoric - it is more likely to trade within a band. Both of these stocks have already risen to their peak and while they may rise and fall with the market, they won't increase by huge multiples like the spruikers would have you believe.
The china risk lowers the ceiling for appreciation. The risk is very much present
They may look plain on the outside, but having driven an Atto for well over a year, all I can say is it's an very good vehicle for its intended use.
The value is absolutely outstanding, a vehicle from the majors with the same features and capabilities costs at least 50% more. Even vehicles from the majors with much lesser capability are a lot more expensive.
In addition to a measure of design flare, where BYD really comes to the fore, is the design of its LFP blade battery system. In one go, it addresses issues of production complexity, cost, performance, safety and structural integrity. The blade battery is undoubtedly BYD's secret to success. While I have no reason to believe the battery in mine needs replacing, I checked the cost of its replacement just in case. It was $12K, 25% of the cost of the vehicle.
BYD cars in Europe are expensive...
Would not buy any Chinese Stock… 🤪
Just 12 months ago Sam posted a video saying that BYD was about to collapse. Look back through the videos, one year ago. So one of these videos is nonsense, you don’t go from bankruptcy to making billions in a year.
They sell cars on losses!
You should check their fourth quarter net profit for 2023 ( Oct to Dec). A record USD1.06 billion.
This yangweng car is a joke. Not for Sports car buyers. Specsheet buyers.
I really like the Electric Viking and his channel, but he is dead wrong about this one. BYD sells over 90% of its cars in China. The Chinese real estate market is crashing and because that is 30% of China's economy - it means China will be crashing this year. BYD will try and export their way out of this mess, but I doubt Europe will allow them to take all of their market share. If BYD could divest of their cars and just do batteries - BYD might have a bright future, but its auto assets will be a stone around its neck for years. Without Chinese government support, which they are getting and might get more of, they will quickly die because of the falling Chinese economy.
BYD is a huge seller in Brazil has a plant there (from which they'll be exporting thru out South America), is building a huge plant in Mexico, Türkiye, will be in Africa, is opening new markets in the Middle East, Russia, Hungary, Laos, Cambodia, even Japan.
What will happen is from these sites their brand will grow as people discover their quality for price.
BYD buses and service/utility trucks/vans are another of its growing products. The seeds for BYD to become the world's largest EV vehicle manufacturer are already taking root.
Now as for China's economy, real estate is a manageable problem because it is a physical commodity that can be reworked in new refinancing programs and investors like real estate, so just as the U.S. did in its real estate crash and survived it so will China.
Secondly China's economic future is only going to grow due to its BRI program and BRICS which will be the new 21st century global system replacing the U.S. hegemonic self interest rule. Over 80% of the world depend on China exports for their economies (U.S. 26% of all imports that feed US economy, cut that off and the U.S. has a disastrous economic collapse).
Today China is the world leader in just about everything while the U.S. continues to fall behind. The U.S. is about to reach its debt limit before its cut off from access to any borrowing, this at a time of a warmongering military spending policies to prop up an over-extended, over-costly, over-bloated, aging, undermanned, military that sucks up every borrowed penny while the U.S. rots from the inside in an aging deteriorating infrastructure and dysfunctional society
Today China is the world's most advanced, modern, technological nation on earth.
It has no competitors, least if all the U.S. which is why the U.S. wants to use its last resort of a proxy war in a misguided attempt to "Tanya Harding" China in hopes of crippling it from competing
Wow, I had heard the CCP has trolls it sends out to push its propaganda, but I never expected to meet one. BYD is a good company, but as the NIO CEO said "There will be a bloodbath in the Chinese Auto market." You can believe what the NIO CEO said or you can believe the CCP talking points. I like BYD's battery technology and I think it is one of only three Chinese Auto companies that will survive. The fact that you took a little truth on the hard times coming to BYD as an attack on China is concerning. I think GM will be bankrupt within the decade, but that says nothing about anyone but GM. You CCP fanboys need to calm down.
Yes, the US has lots of debt and higher US interest rates will create a bloodbath in the US car market by this summer. But pointing out the weakness in another economy does not make China any stronger. China actually has more debt than the US, but it is hidden in local provinces. I have no problem with China. I have been there three times and I love the people. The reality is that economic depressions happen every 10 to 20 years. And the reality is that China is beginning to enter a deep downturn led by the property market. And yes, it is real and it will cause extreme pain. All of China's top 10 real estate companies are either Bankrupt or will be bankrupt within the year. Don't worry, the US will enter the downturn about 6 months after China. Please try and come to turn with reality. Repeating CCP talking points is unbecoming of a thoughtful person.
@@josephvanorden3782 to start with I'm a 70 yr old American who's traveled, lived, worked in other countries. So my views of things are not myopic on any one thing or country.
...funny how predictable western (US trolls) always spew the same recorded US anti-China propaganda narratives.
To start with real estate is always a salvageable market be wise it is a physical commodity. And just like the U.S. got thru its real estate issues that was one of the major issues that led to the 2008-9 crash. By 2014 it was normalized and by 2016 it was once again and investment market.
So I think the Chinese are smart enough about infrastructure to solve that problem and there plenty of Chinese billionaires who will scoop up liquidations from bank sales and the Chinese government is just as smart in that as was the U.S. to interject itself into saving the banks and economy (2010). So that issues is over exaggerated for anti-China US propaganda in its "Tanya Harding" strategy to try and kneecap China with negative propaganda. China's BRI is proving to be successful as there are dozens of nations wanting to be a part of it. And everyone if these partnerships are working out for parties involved.
Add to the the growth of BRICS which is basically led by China (and now Russia as it to is in a projected growth (but you'd never know that if your feeding on US/Western MSM).
Ten years ago Elon musk was laughing at BYD and other Chinese EV companies. Today BYD is the world's biggest EV company (Tesla #2) and the growth gap will only widen as BYD has a broader hand plan than Tesla.
Then you have Geely, Xpeng, Avtar (Huawei) and IOF, As for the rest well like what happened in the U.S. in the early 1900s when lots of motorcar companies sprung up and competed most didn't survive or were taken over by others leaving 3 (GM Ford Chrysler) today (doubt Chrysler will make it to 2030) for and Chevy might end up as pick-up builders.
China also is the world leader in other industries and will be in the near future of other industries. China is about 30+ years ahead of the U.S. as a nation snd society, and the U.S. is declining more every year. While both countries have their debt. There's a huge difference on those debts. China's debt is due to investments and developments with potential of payback and returns.
The U.S. debt is based on wasteful wars (no payback or returns) you blow up $100 billion in expensive bombs or destroyed military gear, that money is gone but the debt stays.
China spends a $100 billion on infrastructure it stays and creates opportunities for other economic growth. Building ports or rail or highways in foreign countries are also a fairly good investment as those things now allow for trade and commerce to happen, as well as good report with new trading or commerce partners.
So in 10-20 years it's all been an investment with a future for continued returns and growth
20yr in Afghanistan and today we have nothing from it but lost over a couple trillion on it and lots of lives as well as left billions behind in hardware. China's in there now building large projects and establishing long term trade. The point being what is the debt based on?
Today's China makes the U.S. look like it got lost in 1970. Aging, dilapidated, aging, deteriorating, a broken dysfunctional education system, corporate lobby money robbing the public treasury while they line their pockets off a corrupt dystopian government system (citizens United, foreign nations buying up our congress: AIPAC) corporate and foreign interest writing our policies domestic and international.
A broken chaotic out of control society drunk with violence, drugs, guns, corruption, idiocies, derangement, victimhood and anger.
Since you claim to have been to China three times then you know the very differences of these two societies (I've been there twice alone venturing about, even at 3am walking I never felt any threat, try that in any city in the U.S.) China's cities make US cities look like aging dirty broken crime infested ghettos they are.
The real reason the U.S. is trying so desperately to contour up/instigate its proxy war with China is because the U.S. can't compete in any level and it knows China is going to be (is) the most important nation on earth and like Tesla making the U.S. #2 and maybe less as how hard it's decline will be in 2025.
The U.S. screwed up starting in 1991 after the collapse of the Soviet Union.
Instead of approaching the world as a constructive leader it went the warmongering corporate interest profit way. And started following Paul Wolferitz's "Full Spectrum Dominance" strategy. It was quickly cleaned up and turned into "Project for the New American Century" which was about using all the U.S. powers to take full control of global politics, energy, resources, government leaderships, trade/commerce (sanctions). Assuming the superior controllers of the "plantation earth", it convinced itself there was nothing to challenge it over ruling the earth (one world rules order/US rules). It now believed it didn't have to compete because it could just bully or threaten or coup or bomb disobedient nations of leaders. As bd it could borrow and spend its way thru whatever because the dollar was now weaponized and anyone that would cooperate and pay up when the US needed buyers for its junk treasury bonds. Their US protection would be seriously disrupted.
Anyway China will survive whatever challenges befalls it as it has for over 3500 years. But as for the US it's painting itself in the very same corner the Soviet Union and other military driven nations have painted themselves into. The dollar is being globally abandoned, those nations holding U.S. treasury bonds are selling them off and no one is interested in buying new ones, due to the U.S. in Ukraine and now it's complicity in Israel's Gaza genocide the world is distancing itself even more from the U.S. (and others who participated in that).
The world is shifting toward BRICS (led by China and now Russia, India may not last in it due to its subservient ties to the U.S.
PS: I seriously doubt you've been to China three times as your comment shows very little "understanding" of China and simply repeating US anti-China propaganda narratives that are spewed on any U.S. /western MSM doesn't show you have an individual perspective understanding of China
I don't know what communist firehose you are drinking from, but it is a little overwhelming. The US has tons of faults and problems, but that has nothing to do with how you are trying to carry water for Chairman Xi Jinping. I started off with doing simple math. BYD's profit/number of cars produced = profit per car. Compare that to the price cut BYD did on its most recent brand-new Seal car and anyone can see they are losing money. Again, BYD is actually one of the best Chinese Auto makers and I think they will still be standing after the bloodbath, but the bloodbath is here. And I don't know how anyone (especially a 70 year old American) could take a critique of BYD as an attack against all of China?
Clearly, you know nothing about Chinese real estate. If you did, you would see that most local governments in China are funded by real estate transactions. (Note: when I went to China 3 times it was for business, and so yes, I do understand the economy). If China stops building for years, like we did in the US during the real estate bust, the local provinces will hemorrhage cash, which they are already doing. When the youth unemployment got over 20% last year, the communists solved it by no longer reporting it. It is the same way that Vensuala solved death by starvation. They made it illegal to report death by starvation.
Why do you make comments about BYD all about China? Crazy. I am sure you will have more to say, but I would encourage you to really look into the Chinese real estate market before you make statements about it. Note: in the last few months between 30 and 60 thousand Chinese nationals have crossed the US southern border. I am sure that they are coming here to escape the best economy ever! Note: I think the US is also a house of cards, but that doesn't mean I can't tell the truth about BYD. This is me signing off. One can only take so much propaganda.
Sold every byd share 3 months before Warren Buffett did (9)
Guess Warren Buffet got it wrong - NOT
When I look at the stock prices of Chinese car companies I see the price go no where for years as the company sales grow and grow and grow. It reeks of price manipulation. If you can predict which way the CCP is going to push the price, go for it. I bought the companies recommended here two years ago and they took a beating. Much better to buy the whole market, buy the S&P500. Go look at the bogleheads three fund portfolio. Sure, put 0.5% of your portfolio in BYD and have a little fun watching it go up, down, nowhere depending on what the politicians and oil companies decide to do.
Sam, are you allowed to give financial advice? Nope...
He didn’t tell you to buy BYD or Tesla. And he is just stating his opinion whether these companies are a good value right now. Take it for what it’s worth.
@@tomdrewenskus8167🎉m q CCw
He is just a fanboy nothing wrong with that. Stop 🛑 hating his genuine talent 😂
@@tokbucks Aussies Oracle a.k.a. Sam Buffett...
😂😂😂
To much debt
Take a look
Better do your diligence
Almost equal to market cap
Tesla has great financials and building cash reserves each qter about 30 billion to date
$35 billion in debt.
Sorry Mate but it’s extremely difficult to be cool AND drive a Yang wang YEHEHE
You are producing about 6 to 8 videos a day with almost no production quality and now you are also giving financial advice..
It would be no difference to ask a parrot about the BYD stock in two years. Produce your low quality stuff, but stop getting people in trouble with this kind of unfounded guesswork.
Buy Your Demise
💀VW💀
They are undisputed king of evs here in Asean region. Everyone else is way behind.
Until it offers on NYSE it’s always gonna stay flat like Toyota always was.
You guys who don’t know how bad China’s overall economy is and has been and in the foreseeable future even decades, due its lesser Xi Jinping’s reckless internal policy as well as his erroneous geopolitical ambition based on wring assumption that China under his particular version of communism will prevail over the West, specifically over the US, the only superpower. Their internal debts at all levels of governments, state or province owned enterprises as well as real estates debts owed by most major builders and buyers of unfinished homes (for which they are liable for paying mortgage as soon as they signed the purchase contract, not after delivery !!) - which is probably their ‘Mother of All Debts’, and similar to MOAB bombs, are super explosive and destructive. Which is why any contemplation to ‘invest’ in a ‘leading EV car company’ like BVD is really based not on facts and rational analysis but borrowing from past impression about China’s go-go years of growth. Unless Xi actually dies or somehow disappears from his position as another ‘supreme leader’ of a massive non-democratic nation, plus in truth he really admired Mao more than anybody else, even though his father was actively persecuted by Mao during the infamous ‘Great Cultural Revolution’ years - which also shows how ignorant and stubborn, plus arrogance beyond all others. BYD and other ‘major’ industry leaders are subjugated to Xi’s oversight and control, and the only reason a $ 7B capitalization company seems to be able to compete with the like of Tesla is because of huge Chinese government subsidies to it, and the solar panel and battery and silicon wafer fabrication business since they can no longer obtain high grade low nano chips from company anywhere utilizing American technology. The reason BYD is flooding Europe and elsewhere with their lower cost EV is because excess capacity and much below expected Chinese consumer demand nowadays due to very weak economy, as evidenced by their deflationary state of economy. Until China clears changes it’s policy in all aspects of government and society, and seeing they report honest, transparent data of all sorts and do away with illogical laws and start to respect private ownership, why would anyone want to invest in China ? It would be greed-based on a gambler’s mindset.
Foreigners can't own Chinese stocks. What you buy is shares in a shell company in the Bahamas that tracks the Chinese shares. You have no rights to the company or the dividends.
Rubbish. I can buy Chinese stocks from the Hong Kong exchange or Chinese exchange via Interactive Brokers.
oof someone bought BYD LOL.. but trusting a chinese stock is very risky and anyone chinese or experience in this would tell you that
Exactly and how is that going.. as much as I want EV's to succeed we're barely in BETA mode right now. We keep trying to hype it up but honestly would rather invest in stupid crypto like ETH or BTC even.@@reginald7214
Not Warren Buffet and Munger . They made a fortune with their hunch on Byd. Their 228 million dollars investment was valued around 6 billion dollars last year.