Tesla is not Apple, BYD is not Samsung
Join me and Jeff Lutz @thejefflutz
❤️ Thank you to my YouTube Members! Your support means a lot!
❤️ Pls like, subscribe and comment. It’s a simple way to support the channel.
🔹 TESLA Accessories – very good quality materials: Get 5% off
🔹 MagBak Wireless Charger : Get 15% off code: HERBERTONG15
🔹 MagBak Wheel Protector (THIS IS AWESOME!) : Get 15% off code: HERBERTONG15
Let’s get brighter!
Follow me on Twitter: @herbertong
Need a Product Consultant? As founder of 3 startups and product expert, I consult with companies helping them: 1) Develop new product innovation using a scientific approach or 2) Determine the most ideal go-to-market strategies.
❤️ PLS CONSIDER SUPPORTING THE CHANNEL?
🔹 Become a YouTube Channel Member:
Member-only perk: Most Important Graphs and Tables for EV and Tesla
🔹 MagBak Wireless Charger : Get 15% off use code: HERBERTONG15
🔹 MagBak Wheel Protector (THIS IS AWESOME!) : Get 15% off use code: HERBERTONG15
🔹 Amazon Affiliate link for the US:
I get a small commission for anything you buy from Amazon in the next few hours at no cost to you.
🔹Reserve a CyberLandr:
Tech First Camper for CyberTruck
🔹Open a brokerage account at Interactive Brokers:
Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA and other stocks at time of original video publish date.
#Tesla #TSLA #stock #ElonMusk #investing #teslabot #technology…(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
China Shocking Reversal With Tesla Price War Truce – A Brighter Outlook
By Jeff Lutz
In a stunning turn of events, China and Tesla have announced a truce in their ongoing price war. This surprising development has left many experts and industry watchers scratching their heads, as tensions between the two sides had been escalating rapidly over the past few months. The resolution of this conflict not only has far-reaching implications for the electric vehicle (EV) market but also signifies a potential shift in China’s stance on international competition and cooperation.
Let’s delve deeper into this unexpected turn of events. The price war between China and Tesla began when the Chinese government significantly reduced EV subsidies earlier this year. As a result, Tesla was forced to respond by slashing the prices of its Model 3 and Model Y vehicles to remain competitive in the Chinese market. It seemed as though both sides were engaged in a battle for market dominance, and tensions escalated rapidly.
However, the recent truce signifies a potential change in China’s approach. Both parties have agreed to end the price war and instead focus on cooperation and mutual growth. This shift in strategy is a positive sign for Tesla, as it indicates that China recognizes the value of a healthy and competitive EV market.
Tesla’s decision to engage in this truce is not surprising, considering the incredible growth potential of the Chinese market. China is the world’s largest EV market, with an ever-expanding middle class increasingly interested in sustainable transportation options. By maintaining a good relationship with the Chinese government, Tesla can ensure a smoother path for future expansions and innovations within the country.
It is important to note that this truce does not imply that Tesla will completely abandon its competitive pricing approach. Instead, Tesla aims to strike a balance between affordability and profitability. The company understands the importance of capturing a larger market share in China, which can be achieved by providing competitive prices for its vehicles. Moreover, as Tesla’s Shanghai Gigafactory continues to ramp up production, economies of scale will come into play, allowing for more cost-effective manufacturing.
The truce with China also indicates that the country is willing to support and foster international competition. As the global EV market intensifies, it is crucial for nations to engage in fair and healthy competition for the benefit of consumers and the environment. China’s reversal on the price war can serve as a model for other countries to follow, encouraging collaboration rather than an all-out battle for dominance.
The implications of this truce extend beyond Tesla’s success in China. It signifies a potential shift in China’s global stance and the recognition of the importance of international cooperation. As the world grapples with challenges such as climate change, the need for collaboration and shared solutions becomes increasingly evident.
In conclusion, China’s shocking reversal with Tesla and the subsequent truce in the price war is a positive development for the EV market. It not only benefits Tesla by ensuring a smoother growth trajectory in the Chinese market but also signifies a potential shift in China’s approach to international competition. Both sides have recognized the value of cooperation and healthy competition, which bodes well for the future of the EV industry. As the global market continues to evolve, let us hope that other nations take inspiration from this truce and prioritize collaboration for a brighter, greener future.
EV demand is soft.
This is a twist indeed. Consumers are clearly not sold on the idea that all EVs are equal. Looks like their unsold stock of EVs will put tremendous financial strain on these traditional OEMs car manufacturers.
Jeff made a good point that non-truck people will buy Cybertrucks and that will replace a lot of ICE cars as well as trucks. Jeannine
Great interview Herbert! Based on Jeff’s comment on other US manufacturers’ rising inventory indicating that their sales are being frozen out by Tesla’s pricing, do you think that based on Tesla’s mission to accelerate sustainability, that Tesla will need to raise prices to help other companies catch up, with the net effect for Tesla becoming increased margins?
I live in Toledo, Tesla was getting crickets, its changing !
44:53 ignorant anti EV comments on GM Authority show the Michigan mentality. Staff at GM authority remove counter evidence comments addressing the misinformation about fuel cells, batteries being worse for the environment than gas cars, no infrastructure, etc. This is because they want to perpetuate the gas only, cis gender, confederate, smoking indoors, pollution is good for you glory days of the auto brand's most ardent fans. It's worse than a focus group because it rejects outside opinions. Look what happened to BMW. This is why GM won't do energy education to advertise because they don't want their customers buying EVs. The only reason they are spending all this money but not producing volume is to position themselves for another bailout.
Love Jeff
I love that these OEMs are running scared!
I've made an impressive amount of money through my portfolio, which consists primarily of tech and TSLA stocks. Could you give me some advice on any other stocks I should buy in order to diversify my holdings across markets and build a well-rounded portfolio that balances my risk aversion concerns with returns that keep up with inflation?
You mean COMMUNIST CHINA??
I always value Jeff's input on this channel.
47:00 accurate my coworker said the same thing but it was less than $10 for $300 overnight home charging.
Tesla set the bar in the legacy auto are unable to reach it
Do most people still think that investing in cryptocurrency is just buy and hold until go up? But the best cryptocurrency investments are to put them in TRADING AND FOREXTRADING
People don’t listen to Elon when he speaks he says we’re not trying to kill the competition. He means that they could’ve already came out with the cheaper car. They could’ve came out with the cyber truck years ago. Imagine the cyber truck in a cheap car hitting the market at the same time while the competition is trying to get their feet wet they would’ve got murdered, this is Elon being nice people
Excellent episode. One of your best.
Excellent analysis
What vehicle manufacturing in Detroit are these clowns talking about? What factory worker in Detroit is worried about losing their job that doesn’t exist?
Fill in the blank the competition is dead
Last Call, gaslighting last ditch attempt to try and tell the country what they want.
I lost over $60K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $9k profits weekly. Thanks so much Mrs Gretchen Dougherty
So GM's problem is that people between the coasts don't buy enough $300K Celestiqs? What an absurd comment.
Do most people still think that investing in cryptocurrency is just buy and hold until go up? But the best cryptocurrency investments are to put them in TRADING AND FOREXTRADING
Jeff is such a wealth of knowledge.
56:30 i bought my M3, Model 3 with my Retirement, & Grandfather passing…and because i Was married..
It looked to me like the CNBC host was in panic mode.
53:52 Federal Mandate. ICE PRODUCTION SHOULD'VE STOPPED. Let Tesla Lead.. invest in Other EV producers…
Watching you guys cut through the CNBC BS is like a hot fudge sundae for my brain.
Software is a tiny aspect of a vehicle. Tier 1 suppliers will do this work. Tesla is vulnerable to battery supply
Isn't the recession being pushed out because of government spending and the printing of money? If so, when do you think the recession might hit? And, doesn't that mean the recession could be worse than it would have been?
My prediction with the Cybertruck is for a painted stamped steel replacement body near term
Cnbc abd Fields are always anti Tesla.. its obvious…
Love Jeff~
$274 TSLA – Musk wants to measure penises
Incredible interview! Both the Qs and the As!
Legacy so screwed. The price of cells is subject to Wright’s law, and cell manufacture is scaling rapidly, both EVs and grid storage. ICE dies as EVs continue to fall below parity.
Yaman Tasdivar gets a lot of flack on Twitter for predicting the fall of ICE, but he’s the only person game to say the obvious. Legacy are not playing to win. They’re only playing to die slower.
Good job as always guys.
Jeff’s video is strange, his face is out of focus from glasses down to shirt. I really appreciate his insight into automotive industry!