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I strongly believe these announcements are simply performance art for the capital markets to keep the share price higher than fundamentals would dictate. Great
by toomuchtodo 1mo ago
I strongly believe these announcements are simply performance art for the capital markets to keep the share price higher than fundamentals would dictate.
Great, you've designed and prototyped the vehicle. When will they be built at the rate BYD and other Chinese automakers are building EVs? Until then, it's vaporware. All that matters is deliveries (China is exporting ~4M more vehicles per year than VW delivers globally, as of this comment).
- JumpCrisscross 1mo agoIf this is messaging fluff, it's aimed at regulators and politicians in Europe. Not shareholders.
- toomuchtodo 1mo agoI don't know man, they're cutting 100k jobs to keep the dividends flowing (The Porsche-Piëch family controls a majority of VW's voting rights through Porsche SE) while closing factories. That strikes me as "preserve the share price and profits while the ship sinks" versus investment to scale EV sales to compete. https://news.ycombinator.com/item?id=49556939 https://news.ycombinator.com/item?id=49556939 https://www.theguardian.com/business/2026/jun/26/vw-cut-jobs-shut-plants-volkswagen-china https://www.theguardian.com/business/2026/jun/26/vw-cut-jobs...
- JumpCrisscross 1mo ago> versus investment to scale EV sales to compete You can do both if you convince Berlin or Brussels to give you cash.
- toomuchtodo 1mo agoAre Berlin or Brussels giving VW cash?