4 ms·
It seems really unlikely to me that 2 weeks worth of high oil prices is anything more than a rounding error in BYD's years (decade?) long bet on electric cars.
by bawolff 7mo ago
It seems really unlikely to me that 2 weeks worth of high oil prices is anything more than a rounding error in BYD's years (decade?) long bet on electric cars.
Even if they tripled their sales for the last two weeks, it wouldn't be relavent to if their bet will ultimately pay off.
- claaams 7mo agoExtrapolate this into a forever war where oil is increasingly expensive week after week.
- nxm 7mo agoI’ll trust the markets instead of some emotional ideological posts
- bawolff 7mo agoWell if we are going to make unfounded extrapolations, lets extrapolate a future where i win the lottery. We don't know what the future holds for this conflict or oil prices in general. Maybe it ends tomorrow, maybe its a decade long affair.
- sam345 7mo agoThe oil spike clearly seems it will be short-term. Once the Iran war is over oil will plummet. Car makers can't make decisions on short-term spikes.