4 ms·

The future of electrification is at risk because the market chose to bet on TSLA. Many companies backpedaled on EV and the POTUS is making a major push towards

by manoDev 9mo ago

The future of electrification is at risk because the market chose to bet on TSLA. Many companies backpedaled on EV and the POTUS is making a major push towards oil (including invading Venezuela). The future looks grim.

tartuffe78 9mo ago
The future looks Chinese.
- dyauspitr 9mo ago
  And electric
- mindslight 9mo ago
  Trump is going to be lauded in the history books for sure. The Chinese history books, that is. Before this massive self-own, we at least had a chance.
- misiti3780 9mo ago
  China's future looks very grim. China has all sorts of demographic and debt problems no one is talking about: https://open.substack.com/pub/crosscurrents28/p/chinas-broken-balance-sheet-why-i?r=7njhm&utm_medium=ios&shareImageVariant=overlay https://open.substack.com/pub/crosscurrents28/p/chinas-broke...
rayiner 9mo ago
The market didn’t choose to bet on Tesla. It was the only game in town for years.
gtirloni 9mo ago
For the US and the US only.
coliveira 9mo ago
They essentially gave away the market to Chinese companies, while at the same time complaining that China is "stealing" something.
- nxm 9mo ago
  Why didn’t the Europeans come out on top?
  - JumpCrisscross 9mo ago
    > Why didn’t the Europeans come out on top? Fewer new entrants? America has Tesla, Rivian, Lucid, et cetera in the EV native camp, and Waymo in the autonomous-native camp. If we limit ourselves to export variants, Europe has Polestar. (And by this metric, China has dozens of new entrants in both fields.)
    - yen223 9mo ago
      Polestar is owned by Geely, a Chinese company
    - bgarbiak 9mo ago
      Europe doesn’t need new entrants. They got legacy automakers that are no worse at making EVs than Chinese and American startups. The problem is: they can’t make them cheap enough to compete with China in developing countries. I’m not sure if they even want to do that at this point, the margins there are so low. It’s easier to just rebadge a Chinese car as your own (Renault and GM already do that in SA).
      - JumpCrisscross 9mo ago
        > Europe doesn’t need new entrants. They got legacy automakers that are no worse at making EVs than Chinese and American startups Innovator's dilemma. It's not a coincidence that the two largest EV makers in the world are battery natives [1], and that they outproduce Nos. 3 (Geely), 4 (GM) and 5 (VW) combined. [1] https://www.fool.com/research/largest-ev-companies/ https://www.fool.com/research/largest-ev-companies/
        nicoburns 9mo ago
        I wonder if that will change this year. A lot of the legacy car makers only launched their first "flagship" EV models in 2025.
yieldcrv 9mo ago
I disagree on that, just growing pains in the US
gota 9mo ago
> The future of electrification is at risk because the market chose to bet on TSLA It really isn't. BYD is progressively becoming ubiquitous here (large South America city)
- rasz 9mo ago
  Thats why Potus is planning to liberate you guys.
  - nicoburns 9mo ago
    He's going to have to liberate the entire world if he wants to stop BYD from being popular.
epistasis 9mo ago
Only investor's share prices at risk, there's no risk to the future of electrification. Look at solar, an industry that has continual bankruptcies, yet is eating the world. New players grow, die, and get replaced all the time, in a continual churn of new technology. That Tesla would die a death was not inevitable, merely a choice due to recent years of extremely poor leadership and terrible mismanagment. Even now, Tesla may pull out of the slump and recover! It's doubtful it will ever justify its share price, but it's likely that if it ever gets fairly priced as a company, it could be sold to a US auto major that is regretting it's failure to produce EVs for the international market, and wants to try to catch up. Maybe. That time might have passed too...
misiti3780 9mo ago
The US invaded Venezuela ?
nebula8804 9mo ago
No the US is just becoming a laggard in this technology because the investments made with the push of the Biden administration have not panned out and are now having to be written down. Its not just Trump, they wrongly anticipated how much demand there would be in the US. Other regions are making great progress, the US is moving forward but much slower than expected. The US will get there eventually but its going to be on peoples own terms.

by manoDev 9mo ago

tartuffe78 9mo ago

The future looks Chinese.

dyauspitr 9mo ago
And electric
mindslight 9mo ago
Trump is going to be lauded in the history books for sure. The Chinese history books, that is. Before this massive self-own, we at least had a chance.
misiti3780 9mo ago
China's future looks very grim. China has all sorts of demographic and debt problems no one is talking about: https://open.substack.com/pub/crosscurrents28/p/chinas-broken-balance-sheet-why-i?r=7njhm&utm_medium=ios&shareImageVariant=overlay https://open.substack.com/pub/crosscurrents28/p/chinas-broke...

rayiner 9mo ago

The market didn’t choose to bet on Tesla. It was the only game in town for years.

gtirloni 9mo ago

For the US and the US only.

coliveira 9mo ago

They essentially gave away the market to Chinese companies, while at the same time complaining that China is "stealing" something.

nxm 9mo ago
Why didn’t the Europeans come out on top?
- JumpCrisscross 9mo ago
  > Why didn’t the Europeans come out on top? Fewer new entrants? America has Tesla, Rivian, Lucid, et cetera in the EV native camp, and Waymo in the autonomous-native camp. If we limit ourselves to export variants, Europe has Polestar. (And by this metric, China has dozens of new entrants in both fields.)
  - yen223 9mo ago
    Polestar is owned by Geely, a Chinese company
  - bgarbiak 9mo ago
    Europe doesn’t need new entrants. They got legacy automakers that are no worse at making EVs than Chinese and American startups. The problem is: they can’t make them cheap enough to compete with China in developing countries. I’m not sure if they even want to do that at this point, the margins there are so low. It’s easier to just rebadge a Chinese car as your own (Renault and GM already do that in SA).
    - JumpCrisscross 9mo ago
      > Europe doesn’t need new entrants. They got legacy automakers that are no worse at making EVs than Chinese and American startups Innovator's dilemma. It's not a coincidence that the two largest EV makers in the world are battery natives [1], and that they outproduce Nos. 3 (Geely), 4 (GM) and 5 (VW) combined. [1] https://www.fool.com/research/largest-ev-companies/ https://www.fool.com/research/largest-ev-companies/
      - nicoburns 9mo ago
        I wonder if that will change this year. A lot of the legacy car makers only launched their first "flagship" EV models in 2025.

yieldcrv 9mo ago

I disagree on that, just growing pains in the US

gota 9mo ago

> The future of electrification is at risk because the market chose to bet on TSLA It really isn't. BYD is progressively becoming ubiquitous here (large South America city)

rasz 9mo ago
Thats why Potus is planning to liberate you guys.
- nicoburns 9mo ago
  He's going to have to liberate the entire world if he wants to stop BYD from being popular.

epistasis 9mo ago

Only investor's share prices at risk, there's no risk to the future of electrification. Look at solar, an industry that has continual bankruptcies, yet is eating the world. New players grow, die, and get replaced all the time, in a continual churn of new technology. That Tesla would die a death was not inevitable, merely a choice due to recent years of extremely poor leadership and terrible mismanagment. Even now, Tesla may pull out of the slump and recover! It's doubtful it will ever justify its share price, but it's likely that if it ever gets fairly priced as a company, it could be sold to a US auto major that is regretting it's failure to produce EVs for the international market, and wants to try to catch up. Maybe. That time might have passed too...

misiti3780 9mo ago

The US invaded Venezuela ?

nebula8804 9mo ago

No the US is just becoming a laggard in this technology because the investments made with the push of the Biden administration have not panned out and are now having to be written down. Its not just Trump, they wrongly anticipated how much demand there would be in the US. Other regions are making great progress, the US is moving forward but much slower than expected. The US will get there eventually but its going to be on peoples own terms.