Jeff commented on the post, Press Release: Nevs grows with two Chinese strategic part owners 3 months ago
Why do you care? Really, I’m seirous– are you a creditor? Do you have a personal stake in it? Does it hurt your feelings that NEVS may have defaulted? I’m curious. Why is this all so personal to you?
Jeff commented on the post, Press Release: Nevs grows with two Chinese strategic part owners 3 months, 1 week ago
I find it comical how people try to read tea leaves here and jump to conclusions about a process they have no involvement in. If you look back at the comments from two years ago about NEVS, the conjecture, the total BS theories, and then you compare them to what has happened, they’re so off base with reality that it’s hard to comprehend. All the…[Read more]
More like the end of a death spiral. Come back starts when the major OEM signs the dotted line and pledges a multibillion dollar investment plan. Don’t hold your breath, it could take a while.
Remember when I thought this would be a good direction for Saab?
So depressing looking back.
They achieve their huge margins though in places where their competitors can’t because of scale. They make huge orders which lower costs, and control the entire supply chain. Suffice it to say the reason they’re going the electric route is because they sell battery devices. By integrating tons of batteries into their supply chain for cars, they’re…[Read more]
That piece you posted is actually really optimistic about Tesla, not contrarian. Most of the negative news pieces I read about Tesla are from writers who are short the stock, usually followed by some disclosure statement expressing that.
Tesla is undergoing a huge capital expenditure to get their production and models up to scale, but once…[Read more]
Well, consider if you’re Apple and you want to build a car. You need a platform to build it on. You need a factory, tooling, testing facilities, etc. You’re obviously going to need a base of engineers and suppliers, not to mention if you want to scale it to global production, you’re going to need facilities in North America, China, and Europe.…[Read more]
Thank you for the perfect clarity and salient smackdown. Seriously, that’s all that needed or needs to be said until we hear something concrete.
At the end of the day we have to ask ourselves how much time we wasted fighting over hypotheticals from the back seat of this situation. Hopefully there’s something left to speculate, pine, hope and…[Read more]
Jeff commented on the post, Why would you want to sell electric cars in China?? 12 months ago
I’ve been making your argument since the beginning, Tim. The US will probably have more plug in sales by volume in the premium or near premium segment where Saab wants to compete.
But this is why NEVS is so serious about China:
To have a European brand produced at higher…[Read more]
Hmm, where’d you get that Audi figure from? Just to be clear, 10 billion SEK is about 1.1 billion EUR, or $1.5 billion USD. So a 200 billion SEK Audi investment is actually 22 billion EUR.
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